Technology and Growth

It took some time, but technology has finally evolved into the forefront of strategic growth. Traditionally an infrastructure platform with little connection to market-facing matters, tech is now integral to new client offerings and important for driving digital demand. The technology and growth content demystifies tech’s potential impact on significant revenue growth.

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Gale’s book, At the Crossroads: The Remarkable CPA Firm That Nearly Crashed, Then Soared  is a delightful parable about a sleepy, uninspired CPA firm that transforms into an accounting powerhouse.

Meet managing partner Joe Abriola who has just learned that his partners are on the verge of mutiny. How does the firm recover and thrive? Spoiler alert—Gale’s growth model swoops in to save the day! The book is an instructive tale that’s filled with valuable insight on achieving growth despite the odds.

Botkeeper Fireside Chat – Growth Strategies for Tech Driven World – Deneen Dias

Gale discusses with Deneen Dias of Botkeeper, the best strategies for infusing technologies into our service offerings.

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The Floodgates of Tech Are Open, Part 1

CPAs are not known for cheetah-like speed. But in early 2020, abruptly cut off from the in-person meetings which have been the lifeblood of their client activity, practitioners were required to pivot quickly to digital platforms, or risk being left in the dust.

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The Floodgates of Tech Are Open, Part 2

Part one of this article addressed the power of digital tools and practices to fuel CPA firm growth. Impelled by the constraints of the coronavirus, firms got on board the cyber train in 2020 at varying speeds and with varying levels of success, mostly on the operational side of the firm.

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Ready to Grow? Get Ready to Consult!

By now, any CPA not living under a rock has gotten the memo: in order to achieve growth, you need to incorporate consulting into your service suite. Our core compliance services have grown long in the tooth and thinly margined. To provide clients the value they demand, remain relevant and expand, all signs point to consulting, especially in the tech-related offerings clients need now.

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On the Edge with Deneen Dias

Deneen Dias of Botkeeper interviews Gale about the missing piece to successfully grow a CAS/CAAS practice. 

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There’s a ‘Chain’ Reaction Under Way!

Most of us first became aware of blockchain—the distributed, cloud-based general ledger—as a technology associated with Bitcoin. Today blockchain is emerging with extraordinary implications for firm growth. At the most recent AICPA Blockchain Symposium, I talked with three pioneers in the field.

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Skills of the Future

Dan Hood of Accounting Today talks with Gale about the changes in skill mix needed for today’s forward-thinking firms.

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Artificial Intelligence is the Real Thing

In late 2015, Eli Fathi was named CEO of the artificial intelligence firm MindBridge. Fathi’s enthusiasm for AI was sparked by the purchase of DeepMind by Google in 2014, demonstrating the potential power and opportunities for AI-based applications.

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Technology: It’s a Journey, Not a Destination

Does your firm’s spreadsheet of current projects include anything along the lines of “Complete tech overhaul” or “Create innovation strategy?” If so, you may want to consider revising the document. It’s not that gaining sophistication in the area of technology is a bad idea.

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When Technology Meets Service Lines

When was the last time you visited the office of your Chief Information Officer? Did it look like a post-apocalyptic RadioShack—shelves and surfaces strewn with coils of computer cable, thumb drives, keyboards, monitors and random mice scampering about? If so, your firm may be living in the tech past and ignoring a significant opportunity for growth.

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Technology: It’s a Journey, Not a Destination

Reprinted with permission from Accounting Today.  Does your firm’s spreadsheet of current projects include anything along the lines of “Complete tech overhaul” or “Create innovation strategy?” If so, you may want to consider revising the document. It’s not that gaining sophistication in the area of technology is a bad idea. Quite the opposite. The problem…

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Meet a CPA with a New Vision

Reprinted with permission from Accounting Today. One of the most gratifying aspects of my work is gaining an inside view of diverse accounting firms and their leaders. The creativity that’s transforming our firms, and our profession, is nothing short of inspirational. And this is true of the smallest to the largest firms. Among the most…

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It’s (Almost Past) Time to Tackle Technology

Reprinted with permission from Accounting Today. I’m not a betting woman, but I would wager a vanilla latte that you’ve recently attended a meeting about the need for your firm to transition from accounting to consulting. If that hasn’t happened, it should. Soon. Our profession is at an historic crossroads, and for firms with growth…

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Technology and Accounting Firm Growth

Dan Hood from Accounting Today interviews Gale Crosley about the symbiosis between technology and strategic growth.  

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The Audit of the Future

Reprinted with permission from Public Accounting Report. By Gale Crosley CPA, president, Crosley+Company/Atlanta   By Alan Anderson CPA, owner, ACCOUNTability Plus/Minneapolis   Any discussion of “revolutionary moments in audit” would have to include the first known mention of audit activity in Mesopotamia, thousands of years before Christ. It would note the appearance by the fourth…

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Wait, blockchains need audited?!?

Published on December 21, 2016 Jeremy Drane Chief Commercial Officer at Libra We’d like to get out in front of a topic that’s coming into focus for many in the DLT industry: auditing blockchains. In doing so, we hope to add a bit of our thinking on the future of audit, as there appears to…

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It’s a Bird. It’s a Plane. It’s the Digital CPA!

Reprinted with permission from Accounting Today. We may have arrived a bit late to the party, but it’s safe to say that accounting has finally entered the digital age. Is technology a caped crusader that will imbue us with super human powers? Or will it do little more than help us keep up with the…

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Meet the Innovators

Reprinted with permission from Accounting Today. When CPA Jody Padar joined her father in his practice after eight years in a traditional mid-market firm, she assumed that his clients would become theirs. But Jody’s dad had a different idea. He believed his daughter should learn how to build a client base, not just serve an…

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