Accounting High's Varsity Team

Hosted by Accounting High

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Feb 2024

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Practical advice for accounting firm owners. Let's get real on how to take your company to the next level.

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7 recent

February 2, 2024Episode 756 min

How to Run an Accounting Practice aka How to RAAP (feat. Terrell Turner)

For more Accounting High content, visit the main feed on Apple Podcasts | Spotify | YoutubeS01E07 - How to Run an Accounting Practice aka How to RAAP (feat. Terrell Turner)Season 1 Episode 7FACULTY: Terrell TurnerCLASS: #VarsityTeamTITLE: S01E07 - How to Run an Accounting Practice aka How to RAAP (feat. Terrell Turner)In this intriguing podcast episode, Scott and Coach Terrell Turner offer listeners a sneak peek into their upcoming book, "How to RAAP."Introduction to the bookTitle RevealThe need for accountants, effects of new technology on the practiceHow to help the clients and advisoryLooking at things differently to get out of the hamster wheel, Profit First modelWhen Scott first proposed value pricingWhen Terrell lived in Germany and the birth of Cartoon NetworkTurboTax taking over and other things pushing old ways out of the practiceWhat does this have to do with rap?People are looking for an accountant that speaks to themLearning from other "rappers"Shout Outs:Genie Whitehouse, Mike Michalowicz, Acuity00:03:40 Introduction about the book00:06:00 Title Reveal00:09:44 The need for accountants, effects of new technology on the practice00:22:33 How to help the clients and advisory00:26:48 Looking at things differently to get out of the hamster wheel, Profit First model00:29:33 When Scott first proposed value pricing00:33:02 When Terrell lived in Germany and the birth of Cartoon Network00:34:49 TurboTax taking over and other things pushing old ways out of the practice00:41:48 What does this have to do with rap?00:45:08 People are looking for an accountant that speaks to them00:50:09 Learning from other "rappers"

January 26, 2024Episode 635 min

Projects

For more Accounting High content, visit the main feed on Apple Podcasts | Spotify | YoutubeProjectsSeason 1 Episode 6FACULTY: Nikole “Coach Mack” MackenzieCLASS: #VarsityTeamTITLE: ProjectsScott and Nikole discuss projects in this podcast episode, setting client expectations, the difficulties of value pricing projects, project management strategies, contractors and much more.What is a Project?Setting Expectations for ProjectsValue Pricing ProjectsDealing with the UnknownProject ManagementFiltering ProjectsUsing Contractors for ProjectsPonytails, The Projects, and Xero ProjectsShout Outs:00:03:15 What is a Project?00:04:14 Setting Expectations for Projects00:07:37 Value Pricing Projects00:09:00 Dealing with the Unknown00:12:40 Project Management00:16:02 Filtering Projects00:20:45 Using Contractors for Projects00:23:33 Ponytails, The Projects, and Xero Projects

January 19, 2024Episode 539 min

Partying

For more Accounting High content, visit the main feed on Apple Podcasts | Spotify | YoutubePartyingSeason 1 Episode 5FACULTY: Nikole Mackenzie, Kenji KuramotoCLASS: #VarsityTeamTITLE: PartyingIn this podcast episode, Scott, Nikole Mackenzie (Coach Mack), and Kenji Kuramoto (Coach K) engage in a discussion about attending conventions. They explore various aspects, including motivations for attending conferences, burner emails, understanding the real ROI from conferences, participation in panels, sharing amusing stories, and their worst conference experiences.The Letter PConferencesWhy Go to Conferences?Burner Emails and Being Sold toThe Real ROIPanelsCrazy StoriesFind your groupWorst ConferenceShout Outs:Ryan Lazanis, Heather Smith, Nicole Dunn, Nicole Davis, Steve Vamos, Carrie Goman, Blake Oliver, David Leary, Shelly Lingore, Low Lopez, Justin Hatch, Reach Reporting, The Cloud Accounting Podcast, Hubdoc, Accounting Salon, Engage, Gusto, Ignition[00:02:37] The Letter P[00:04:38] Conferences[00:10:55] Why Go to Conferences?[00:13:55] Burner Emails and Being Sold to[00:18:32] The Real ROI[00:21:25] Panels[00:23:51] Crazy Stories[00:28:35] Find your group[00:31:46] Worst Conference

January 12, 2024Episode 440 min

Accounting Culture Club

For more Accounting High content, visit the main feed on Apple Podcasts | Spotify | YoutubeAccounting Culture ClubSeason 1 Episode 4FACULTY: Marissa Jones, Jacob SchroederCLASS: #VarsityTeamTITLE: Accounting Culture ClubIn this podcast episode, Scott engages in a discussion with Marissa Jones and Jacob Schroeder about the intricacies of organizational culture, from its definition to its implications in hiring, client relationships, and fostering a positive work environment.What is Culture?How to Hire for CultureDefining Your Company's CultureChecklists or Not/Style of businessClient Base and Culture/Personality TestsLetting Clients and Staff GoEnvironmentWhat Makes up Culture?AutonomyClosing Arguments Shout Outs:Karbon

January 5, 2024Episode 348 min

Physical Education

For more Accounting High content, visit the main feed on Apple Podcasts | Spotify | YoutubePhysical EducationSeason 1 Episode 3FACULTY: Nikole "Coach Niks" MackenzieCLASS: #VarsityTeamTITLE: Physical EducationIn this podcast episode, Scott and Nikole "Coach Niks" Mackenzie, Founder and CEO of Momentum Accounting, discuss PhysEd for accountants. They delve into various topics related to maintaining physical fitness, adapting to work-from-home environments, incorporating high-intensity interval training (HIIT), time management for staying active, strategies to be a fit accountant, tracking physical activity at the office, fitness stipends, maintaining a healthy diet, and power naps.Humble Beginnings and Entering the Real WorldAdapting to Work at HomeHIIT It! Scott's Style and Teaching PE Finding Time to Stay Active Secret to Being a Fit AccountantTracking Physical Activity at the Office and Fitness StipendsLearning on YouTubeEating RightPortion Control Carb-age and Oil Spills SleepNappingTraveling PrioritiesWrapping Up Shout Outs:Supple Leopard by Dr. Kelly Starrett, Twyla Verheslt, Les Mills, Kenji Kuramoto

December 22, 2023Episode 242 min

(re)Pricing

For more Accounting High content, visit the main feed on Apple Podcasts | Spotify | YoutubeScott engages in an another informative conversation with Nikole "Coach Niks" Mackenzie, the Founder and CEO of Momentum Accounting. They discuss several crucial aspects of pricing strategies, identifying scope creep, upselling opportunities, profitability, and the impact of clientele shifts on a business's financial dynamics.IntroductionSwitching to Fixed Fee BillingRepricing Due to Scope CreepRepricing vs Check-InsIdentifying Scope Creep Identifying Upsell OpportunitiesScott is Worried about his businessSlow vs Aggressive ChangesQuestioning Ron Baker and Time TrackingProfitabilityKPI'sSelling to Existing ClientsNiching and Decentralized RepricingPricing Based on Client RevenuePrestige PricingWhat Happens When Big Clients Leave Shout Outs:Brandon Hall, Jason Staats, Untapped by James Ashford, GoProposalVarsity Team is hosted by Scotty "OKR" Scarano, and is a production of Accounting High.

December 15, 2023Episode 138 min

Building a Team

For more Accounting High content, visit the main feed on Apple Podcasts | Spotify | YoutubeIn this episode, Scott interviews Nikole "Coach Niks" Mackenzie, the Founder and CEO of Momentum Accounting. They delve into various topics including staffing, cultural differences in business meetings, software tools like Expensify and Appstream, hiring processes in different countries, using social media for recruitment, transitioning contractors to employees, and the intersection of technology and accounting with platforms like QuickBooks and Xero. Nikole also touches on the idea of using social media as a platform to showcase company culture and attract potential employees. And stay tuned till the end for an accounting rap by your favorite janitor guidance counselor, Scotty OKR.Talking to Expensify Appstream Staffing Numbers and Hate on TwitterHiring In the US and PhilippinesCultural Differences and Business MeetingsBig SwingsChat GPT Accountant?Quickbooks and XeroSocials as a Way to attract employeesTesting Employees? Contractor to Employee, Trial EmployeeSocials and Showing Your CompanyAppstream Rap Shout Outs:Hubspot, Ignition, Xero, Karbon, Dialpad, Paul Seaton, Jen Hoover, Chad Davis, Summit CPA, James AshfordVarsity Team is hosted by Scotty "OKR" Scarano, and is a production of Accounting High.