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Accountant Success Formula Freeing Today's Accountant From An Oppressive Business Model

  • CPA (US)
  • CFE
  • CMA
  • CPA in Canada
  • ACCA
  • CA - ICAEW
  • CA - Scotland
  • CA - Ireland
  • CPA - Ireland
  • Accountant/Bookkeeper/Tax Professionals

Published : April, 2022

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Free (Only Today)

0.5 Credit

Subject Area

Business Mgmnt and Org

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Before starting this self study program, please go through the instructional document.

  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Overview

  • Introduction
    1 mins
  • The origin of the accountant success formula
    2 mins
  • The need for an updated business model for accounting firms
    6 mins
  • Three lies that resonate with accountants in public practice
    10 mins
  • Acute pain and chronic pain
    19 mins
  • Business model
    23 mins
  • Three keys to pricing
    24 mins
  • Conclusion
    33 mins

Course Description

In this podcast, Christopher Rivera, Director Client relations, Entigrity Offshore Staffing, takes a conversation forward on Building Kickass Offshore Team with Erik Solbakken, CPA, CA, Creator, Accountant success formula

They discuss on following subjects:

  • The origin of the accountant success formula
  • The need for an updated business model for accounting firms
  • Three lies that resonate with accountants in public practice
  • Treating your firm as a human body
  • Acute pain and chronic pain
  • Business model
  • Three keys to pricing

This podcast focuses on freeing today's accountants from an oppressive business model.

Learning Objectives

  • To discuss the origin of the accountant success formula
  • To examine the need for an updated business model for accounting firms
  • To recall three lies that resonate with accountants in public practice
  • To elaborate on acute pain and chronic pain
  • To evaluate several business models
  • To recognize the three keys to pricing

Course Qualification

Webinar Qualifies For

  • 0.5 CPE Credit of Business Mgmnt and Org for Certified Public Accountants (CPA-US)
  • 0.5 General Credit of Business Mgmnt and Org for Accountant/Bookkeeper/Tax Professionals
  • 0.5 CPD Credit of Business Mgmnt and Org for CPA in Canada
  • 0.5 CPE Credit of Business Mgmnt and Org for Certified Fraud Examiner (CFE)
  • 0.5 CPE Credit of Business Mgmnt and Org for Certified Management Accountants (CMA)
  • 0.5 CPD Credit for Association of Chartered Certified Accountants (ACCA)
  • 0.5 CPD Credit for Chartered Accountant - ICAEW
  • 0.5 CPD Credit for Chartered Accountants - Scotland
  • 0.5 CPD Credit for Chartered Accountants - Ireland (CAI)
  • 0.5 CPD Credit for CPA - Ireland

Additional details

  • Course Level :
    Basic
  • Credits :
    0.5
  • Instructional Method :
    QAS Self Study
  • Pre-requisites :
    None
  • Advance Preparation :
    None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

Presenter

Expert Speaker

Erik Solbakken

President, Accountant Success Formula™

My name is Erik Solbakken and I'm a CPA, Author, Speaker, Business Advisor, and Creator of the Accountant Success Formula™. I worked in public practice for over 26 years, providing accounting, tax, and advisory services to incorporated business owners and their families.

So....I understand the challenges of running an accounting practice.

I discovered a business MODEL that was so effective that it allowed me to triple my net income without working a single hour of overtime.  I now share this MODEL with other accountants in my coaching program...the Accountant Success Formula™.

You can make an incredible INCOME, attract ideal CLIENTS and reclaim free TIME so you can live the life you deserve:

  • I know this may sound like an "infomercial" but it is all 100% TRUE
  • I'm a CPA and I did it in my own practice
  • I know you can do it too:

Make More Money: Stop chasing clients for invoices and maximize your fees.  Charge what you’re worth and make an incredible INCOME.

Attract Ideal Clients: Attract your ideal CLIENTS who value you and will happily pay premium prices for your services.  Selectively choose the clients you engage with and spend time on only the business activities you enjoy.

Create a Life of Freedom: Grow a profitable practice while creating a work/life balance that supports what you want to do. Reclaim TIME for your hobbies, travel, and being with your loved ones.


About Company

Accountant Success Formula™

www.ErikSolbakkenCPA.com

Are you an accountant that got into the profession for the right reasons, only to find yourself snared by a model that promotes overwork, underpay and clients conditioned to gripe about their bills?  Are you wanting more freedom in your life?  Are you ready to finally reap the rewards of all your years of hard work and study to become a professional accountant?

If you answered yes...then the Accountant Success Formula™ may be right for you.

The traditional business model of trading dollars for hours and cranking out as many tax returns as possible is oppressive, robs us of our freedom and conditions us into believing 3 LIES:

1) That our WORTH is equal to the hours we work,

2) That our CLIENTS are naturally price sensitive to our services, and

3) That TAX time just has to suck.

The Accountant Success Formula™ is a comprehensive program that that allows professional accounting firms to update their business model and claim back the FREEDOM they deserve.

Host

Chris Rivera

Director of Client Relations, Entigrity Solutions LLC

Christopher Rivera, Chris serves as a Director of Client Relations and Business Development at Entigrity. He is an expert at leading and managing teams actively from the front. 

His expertise in sales, training, coaching, mentoring and influencing combined with his competitive nature makes him a strong leader.  

Chris has traveled through the length and width of the country and has spoken with more than five thousand CPAs, understanding their challenges and limitations. On the grounds of that, he can now easily provide opinions and solutions that can be immensely helpful to professionals. He has also represented Entigrity at a number of major accounting conferences and networking events, voicing his thoughts on various subjects pertaining to the accounting industry, some of which are:

OFFSHORING RELATED TOPICS
  • Integrating offshore and onshore teams.
  • How offshoring can bring Multi-dimensional transformation change in accounting firms.
  • What roles can be shifted offshore.
  • Remote Working & Offshore Hiring for Accounting Firms.
  • Best Practices in Offshoring
  • What tasks to allocate while starting offshoring?
  • Interview Tips for Hiring Offshore Staf
  • How to Onboard an Offshore Staff Member

Entigrity is a global leader in providing outsourcing for accounting firms and one of the preferred outsourcing partners for 30 out of the top 100 US Accounting firms. With a large workforce of over 2000+ accounting experts, we are already assisting over 600 accounting & CPA firms in the United States and Canada.

 

The company helps small and mid-sized accounting firms hire qualified and experienced offshore staff that work from our offices in India. Entigrity has helped accounting firms in overcoming staffing challenges and building offshore teams.

 

The Company was recently inducted into the BDO alliance partnership and was the first company in this segment to become a platinum partner with IMA (The Association of Accountants and  Finance Professionals in Business).

 

About Company

Entigrity Solutions LLC

www.entigrity.com/

Entigrity is a leading offshore staffing solutions provider to 600+ accounting and tax firms situated across the US, CA, and the UK). The company helps small and mid-sized accounting firms hire qualified and experienced offshore staff that works from our offices in India.

Headquartered in Sugar Land, TX, Entigrity has 7 offshore offices located across India; 3 of them in Ahmedabad and 1 each in Indore, Vadodara, Rajkot & Kochi. They are an ISO 27001:2013 certified organization for information security and ISO 9001:2013 certification for quality management. They exceed the standard compliances for best business practices in terms of information security and quality management. Entigrity has provided consultation/advice to over 3000 accountants and assisted them in converting some of their core challenges into opportunities. 

Faq

FAQs content

  • To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
  • Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
  • You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
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  • This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
  • If you still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link : https://zoom.us/download
  • Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
  • As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
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Ratings and Review

4.2

28 Ratings

Excellent

13

Very Good

10

Average

4

Poor

1

Terrible

0

LA

Lisa Adamsen, CMA, CPA (US)

Jul 23rd, 2023

good topic

KN

Kristine Nevitt, CPA (US)

Dec 23rd, 2023

poor. I had to listen twice to get to this certificate!