In this episode of "Budgets, Books, & Balance Sheets," we explore the advantages and challenges of hiring remote accounting professionals from South America. With the rise of remote work and the benefits of international talent, such as cost savings and diverse skills, the accounting industry is increasingly focusing on South America. However, hiring across borders requires careful consideration of the right skills and fit for your firm. We discuss the top five skills to look for: English pr...
Jun 23, 2023•7 min
In this episode of "Budgets, Books, & Balance Sheets," we tackle the hot topic of remote work in the accounting industry, especially in the wake of COVID-19. We ponder whether your accounting firm is truly prepared for remote work, not just in terms of technology but also mindset, culture, and infrastructure. A comprehensive self-assessment tool is introduced, discussing various aspects like cloud data storage, VPN use, communication tools, employee interests and provision of necessary equip...
Jun 22, 2023•7 min
In this episode of "Budgets, Books, & Balance Sheets," we dive into why South American hiring is a trend among North American companies. It looks at the cost-effectiveness, rich talent pool, and cultural compatibility of South America. The show also acknowledges challenges such as language barriers, legalities, and time zone differences but reassures that these can be managed. It gives tips on how to tap into the local job market, either through staffing agencies or job boards, and emphasize...
Jun 21, 2023•9 min
In this episode of "Budgets, Books, & Balance Sheets," outdated accounting practices are put under the spotlight. The episode explores the need to transition from paper to digital systems for efficiency and flexibility, and the importance of embracing remote work for productivity. The value of diversity in the workplace is also discussed, along with the need to offer more than just compliance services. The discussion extends to the role of technology, such as AI and machine learning, in auto...
Jun 20, 2023•10 min
In this enlightening episode of "Budgets, Books, & Balance Sheets," host Kevin Mitchell tackles the challenges and strategies of managing outsourced or remote accounting teams. As global workforces become increasingly common, Kevin explores how to effectively set expectations, provide comprehensive training, and establish efficient communication. This episode sheds light on how to maintain a high-performing remote team that aligns with your company’s objectives and values. Kevin explains the...
Jun 19, 2023•7 min
In this episode of "Budgets, Books, & Balance Sheets", host Kevin Mitchell takes a deep dive into the trending topic of Flexible Work Schedules. He explores how technology has enabled the transition from traditional 9-to-5 jobs to flexible work arrangements, especially in the accounting industry. Kevin begins by highlighting the shift in work paradigms, explaining how work-by-objective frameworks focusing on goals rather than hours spent are becoming the norm. He then discusses how accountin...
Jun 16, 2023•8 min
In this enlightening episode of “Budgets, Books, & Balance Sheets”, host Kevin Mitchell addresses an important shift that every modern accounting firm should consider: going paperless. The transition to a digital office environment is about more than just implementing new software; it represents a fundamental shift in office culture. Kevin explores the numerous benefits of this shift, including increased efficiency, cost savings, and a significant reduction in environmental impact. Kevin gui...
Jun 15, 2023•10 min
In this engaging episode of "Budgets, Books, & Balance Sheets," host Kevin Mitchell explores a topic that's increasingly gaining relevance in the modern workspace — the impact of office layouts on company culture and teamwork. Kevin discusses how the traditional perceptions of office space are changing, transitioning from the old-school cubicle-based environment to the open and collaborative workspaces that are becoming ubiquitous across industries, including the accounting sector. Kevin div...
Jun 14, 2023•6 min
In this riveting episode of "Budgets, Books, & Balance Sheets", host Kevin Mitchell delves into the economic tribulations of the post-COVID world and how businesses are innovatively navigating these turbulent times. Kevin turns the spotlight on outsourcing as a potentially game-changing strategy to cut costs and maintain operations, with a particular focus on South America. The episode explores the concept of outsourcing in-depth, explaining what it is and why it could be beneficial in the c...
Jun 13, 2023•7 min
In this episode of "Budgets, Books, & Balance Sheets," host Kevin Mitchell delves into a topic that is gaining significant importance in our industry - fostering the health and productivity of remote accounting teams. With an increase in remote work, it's vital for firms to cultivate strategies that ensure a seamless collaboration and the well-being of their remote teams. From the importance of encouraging regular breaks and promoting active lifestyles, to the necessity of prioritizing menta...
Jun 12, 2023•7 min
Dive deep into the complexities of accounting automation in this enlightening episode of "Budgets, Books, & Balance Sheets". Host Kevin Mitchell explores why understanding workflows is crucial for today's accountants, and how automation can effectively enhance efficiency and accuracy when correctly implemented. Discover the potential risks of improper automation and how to avoid them. Learn how accounting professionals continue to play a significant role in this digital age and pick up some ...
Jun 09, 2023•9 min
Welcome to a very special episode of "Budgets, Books, & Balance Sheets" with your host, Kevin Mitchell. Today, we're diving headfirst into the rapid currents of change as we explore the journey "From Traditional to Modern: New Accounting Practices". If you're an accountant or a business owner juggling your own finances, you're no stranger to the constant evolution in accounting. Adapting to these changes, especially when transitioning to modern practices, can be daunting. But fret not, as th...
Jun 08, 2023•7 min
Welcome to the newest episode of "Budgets, Books, & Balance Sheets," where your host, Kevin Mitchell, tackles the age-old debate: "Could that meeting have been an email?" As the prevalence of remote work soars, so do the number of meetings, much to the exasperation of many. But are these meetings detrimental to your accounting firm's remote culture? In this episode, Kevin discusses the pros and cons of meetings, explaining how they can both build and undermine a firm's remote work culture. B...
Jun 07, 2023•6 min
In this episode of "Budgets, Books, & Balance Sheets," Kevin Mitchell dives into the different types of personalities you might bump into at an accounting firm. We're talking about people you work with every day, and how to get along with them better. First off, Kevin talks about the "Gatekeeper." This is the person who knows all the rules and makes sure everyone sticks to them. To get along with the Gatekeeper, be clear, to the point, and always respect the rules. Next, Kevin chats about th...
Jun 06, 2023•7 min
To begin, let's take a moment to understand what micromanagement is. At its core, micromanagement involves excessive control and supervision over employees' work. Picture a boss who's always breathing down your neck, peeking over your shoulder at every single thing you do. They're not just asking for updates on big milestones, they're getting into the nitty-gritty of your every move. It's not just about work; it's about invading your work process and the way you think. Throw the term "remote" in...
Jun 05, 2023•7 min
Welcome to another eye-opening episode of “Budgets, Books, & Balance Sheets.” This time around, we're taking a deep dive into the tricky world of managing difficult clients in the accounting biz. We titled this one "Difficult Clients: How to Push Back on Unreasonable Requests," because, let's face it, we've all been there! We dig into the nitty-gritty of why clients can be difficult, pulling wisdom from the good folks at the Forbes Business Council. They tell us that difficult clients often ...
Jun 02, 2023•6 min
Welcome back to "Budgets, Books, & Balance Sheets: An Accounting & Finance Podcast." In our latest episode, we delve into the fascinating topic of dress codes and their impact on the accounting industry. Join us as we explore the transformative trend of casual dress codes and how they are reshaping workplace dynamics, productivity levels, and firm culture. For decades, the accounting industry has been associated with formal suits, starched shirts, and polished shoes. However, times are c...
Jun 01, 2023•6 min
Welcome back to "Budgets, Books, & Balance Sheets: An Accounting & Finance Podcast." In our latest episode, we embark on a fascinating exploration of how the adoption of casual dress codes is invigorating accounting firms. Join us as we delve into the impact of this transformative trend, going beyond fashion to examine how it influences workplace dynamics, productivity levels, and overall firm culture. The traditional image of accounting firms has long been associated with formal suits, ...
May 31, 2023•6 min
Welcome back to "Budgets, Books, & Balance Sheets: An Accounting & Finance Podcast." In our third episode, we dive deep into the critical aspect of company culture and its significance within an accounting firm. Join us as we explore the strategies and practices that can nurture and sustain a positive culture, fostering employee satisfaction, productivity, and overall firm performance. Creating a positive culture begins with embracing the diversity within your team. We discuss the import...
May 30, 2023•5 min
Welcome to the first episode of "Budgets, Books, & Balance Sheets: An Accounting & Finance Podcast." In this inaugural episode, we will be delving into the fascinating topic of the open office concept—a transformative trend that is reshaping workspaces in various industries, including finance. We will explore the numerous benefits this office layout brings to the finance sector, from fostering a more collaborative and egalitarian environment to efficient space utilization that leads to s...
May 29, 2023•3 min•Season 1Ep. 1
Welcome to 'Budgets, Books, & Balance Sheets,' your insightful guide into the dynamic world of finance and accounting. In our introductory episode, our host, Kevin Mitchell, seasoned CPA and proud dad, sets the stage for what's to come. Get to know the ethos of our podcast, backed by Vintti, as we delve beyond the numbers, exploring the human aspects of our industry. From casual dress codes to preventing burnout, we're here to discuss what it truly means to be a part of finance and accountin...
May 26, 2023•2 min•Season 1Ep. 1
