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Welcome to the CPA Life Podcast

The Public Accounting, Consulting and Advisory space is at a critical crossroad. 

After almost 150 years of “we’ve always done it that way” reasoning, the industry is facing a crisis like it never has before. 

Between a significant reduction in accounting graduates in the last decade, a firm ownership population that is at or fast approaching retirement age, a 150-hour requirement to sit for the exam which can add several thousand dollars to the already large debt load a graduate starts their career with – add to that the work hours expectations placed on employees by most large, national firms vs. adjacent industries offering more compensation, and it’s clear to see changes are a must! 

Join us here as we talk to industry insiders and firm leaders that are going against the grain and addressing many of these challenges head on while building forward-thinking, solutions-focused firms.

Like many of you, these firm leaders made the statement that most staff and senior associates have made over a beer or glass of wine after pulling an end-of-season all-nighter – “There’s Got To Be a Better Way!”

The difference?

These folks stepped out to find that BETTER WAY.  

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Our Latest Episodes

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CPA
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WorkLifeBalance

The Trailblazer of Modern Accounting: Ron Baker

June 26, 2024

Ron Baker is a pioneer in the field of modern accounting. He joins John Randolph for this first installment of a special two part episode of CPA Life, and the two delve deep into the groundbreaking topics of value and subscription-based pricing and client advisory services that are reshaping the landscape of public accounting. An advocate for getting free of traditional timekeeping since 1989, Ron has written eight books on this and other topics, and given his experience at a Big Four firm early in his career, he soon realized that the underpinnings of the issues facing the profession all come back to keeping time, what he calls “plunging a ruler into the oven to check the temperature—it’s the wrong measuring stick.” 

How to Drive Value for Both Clients and Employees with Henry Huie

December 6, 2023

Episode 26 is the second of a two part episode of CPA Life, and Henry Huie rejoins John Randolph to talk about his new firm and its subscription model where clients pay for ongoing advice rather than billable hours. A focus on building deeper client relationships puts the value in “value billing,” and empowers clients to ask for the help they need without worrying about fees. Further, by leveraging technology, Henry’s ideas represent a way for firms to beat the staffing shortage as a job in accounting with fewer hours, better pay and more meaningful relationships is sure to attract far more talent than the same old, legacy firm attitude.

A new model for accounting: Flexible solutions with Chris Vanover

October 11, 2023

Tired of endless 80-hour weeks? Chris Vanover, President and Chief Auditor at AuditClub, talks to John Randolph about AuditClub’s subscription model which aims to give firms flexible access to audit experts on demand. Listen in to learn how AuditClub’s transparent bonus system and sustainable four-day workweek attracts top talent while prioritizing work-life balance. Chris also reveals how AuditClub is designed to meet the audit needs of sole practitioners and top ten firms alike.

When the Same Old Ways Just Don’t Work Anymore with Amber Setter

May 30, 2023

This special two-part episode of CPA Life concludes with Amber Setter of Conscious Public Accountants rejoining John Randolph to delve back into their wide-ranging and insightful conversation. They focus on changes that need to happen and breaks that need to occur from the “old ways” of doing things, covering the integration of remote working into the accounting profession, how coaching plays a role in setting expectations and bringing firm leader and employee minds together, the massive advantages of ditching the billable hour and changing to subscription- and/or value-based billing, and more. You won’t want to miss it!

Contact

Benaiah Consulting Group
291 Private Road 5112
Grand Saline, Texas
Phone 903-962-2825
Email info@benaiahcg.com

Hours

Mon–Fri: 9am–5pm
Listen to our Podcast, CPA Life, at Libsyn
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