The Black Accountant Network

Firm Owners of Color

The Best Ways for CPAs and Tax Specialists to Offer Investment Advice

Offering clients investment advice is inherently challenging and somewhat risky. Though financial planners and investment advisors are expected to provide such guidance, investing is outside of the niche of CPAs and tax professionals. If you work in either of these…

9 Ways to Improve Your Cash Management Systems

The COVID-19 pandemic has highlighted the importance of cash management and its potential for improvement. Companies are more careful with cash, but managing cash traditionally gets hard when everyone is working virtually. Its importance shun the light on how much…

How to Make Things Easier for Your Clients and You

When an accounting firm is properly organized the clients will be pleased to work with them. Being organized saves both parties time and avoids unnecessary rework. Who You need as Clients? For business development, it is probably wise to consider…

Tips for Staying Ahead of the Great Resignation

With the different added struggles that have amounted since the start of the Pandemic, many people are deciding to quit their jobs in search of more flexibility, higher compensation, greater career satisfaction, and other advantages, a shift that’s being referred…

The Habit Business Owners Should Adopt.

Entrepreneurs believe in sacrifice. They sacrifice for clients, employees, and vendors and willing to overcome anything that might stand in the way of dreams. The sacrifice mentality affects owners and their families because they do not consistently compensate themselves. With all the effort and perseverance needed to run a small business, a business owner must be able to maintain their livelihood and support their family’s needs, or eventually, the business will fold.

The Rise of Accounting Automation

Automation is a new age phenomenon that is vastly becoming the norm. Technological developments in artificial intelligence (AI), machine learning (ML), and Big Data provide a host of opportunities to streamline outdated processes and automate labor-intensive tasks. Automation is often…