The Price Is Right Part 14 – Do Regular Fee Reviews

Accounting Influencers Podcast

01-07-2022 • 10 mins

BONUS: a short bonus episode in a new series to help accountants price better and win more business - "The Price Is Right Part 14 - Do Regular Fee Reviews."

In these bonus episodes, we focus on upskilling the accountants, bookkeepers, CPAs and commercially focused fintech vendors to better handle key challenges in their professional role like client service, closing deals, negotiating, pricing, hiring, reputation and differentiation.

Key takeaways from this episode include:

what regular fee reviews look like for accounting professionals to assess profitability

the importance for accounting firms to review regularly what aspects of their practice are working and which aren't

why there has to be different ways to assess profitability in accountancy practices

what decisions need to be made by accountants after they do fee reviews on clients and work projects

three primary approaches accountants can take to recalibrate the fees they charge for client work

the need for accountants to regularly recalibrate and even get rid of them, and criteria on which to base those judgements

Here are our five brand new shows going forward - make sure you are subscribed to each on your favorite podcast app:

❶ Success in Accounting (flagship main show, panels, highlights, combinations, panels, topics, best ofs)

❷ Insights in Accounting (news, analysis, commercial awareness, news under microscope, podcast mentions, recommendations)

❸ Influencers in Accounting (1-1 interviews with leaders, experts etc)

❹ Best Practice in Accounting (practice development, growth, management, consulting, examples, stories, here's what works)

❺ UK Matters in Accounting (UK related topics, news items and interviews)

NOTE TO LISTENERS:

The Accounting Influencers Podcast is a daily radio-style show with four segments coming out every Monday which are repeated on the other 4 weekdays as standalone episodes, plus a bonus 'from the client's perspective' episode on Saturdays. On Sundays, listeners get a short min trailer for the coming week's episodes.

Every Tuesday the show gives you a relevant news topic from the accounting and fintech world with a direct application to accountants, CPAs and bookkeepers. Great to stay informed and build your commercial acumen.

Every Wednesday and Friday, we feature an uncut interview with top authors, leaders, thinkers and performers in the accounting and fintech world.

Every Thursday the show gives you a practical 'here's what works' tips concerning a key challenge, need or strategy for accountants, CPAs and bookkeepers. Great to stay current and keep your skills topped up.

Finally, every Saturday gives listeners a bonus episode which focuses on the buyers of accounting services - the clients themselves. In particular how they feel, react to and experience their interactions with accountants. That includes why they buy or don't buy, why they move or stay and why they think how they think about you, your firm, your prices and your offerings.

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