may2021 - 4

FROM THE EDITOR
Ah COVID-19, We Hardly Knew Ye
AS THE COUNTRY'S businesses are starting to get back to normal, or redefine normal
as the case may be, it seems a good time to reflect on the nature of this beast we call
pandemic and how thoroughly it took us by storm. From closed offices and remote
workers to virtual meetings and cloud storage, we as accountants jumped right in and,
on the surface, it appears we barely missed a beat.
We made our changes to working
environments and relationships
without being given a choice and
with basically no time to plan. Now
that our extended tax season is
behind us, it is a good time to reflect
and consider how your business
and your client relationships will
proceed in the year(s) ahead.
In particular, with relation to
staffing, the results of a new survey
from staffing firm Robert Half show
some intriguing insights into the
impact COVID-19 had on us personally.
The survey results show that
38% of those surveyed (over 5,000
staff and managers throughout
the U.S.) feel their careers have
stalled in the past year. Whether
their careers would have advanced
during that year is an unknown, but
the sense is one of disappointment
or frustration that people have not
been able to move ahead in their
career paths due to the pandemic.
As a result, this might be a
good time to meet with colleagues
and discuss how the pandemic
impacted careers in your firm. Many
firms placed advancement opportunities
on hold, almost everyone
experienced some version of remote
working, the definition of productivity
became more fluid as did
scheduling. We all faced some combination
of family responsibilities,
makeshift remote working spaces,
technology issues, fatigue, lack of
social interaction, and restricted
access to clients and resources, not
to mention health issues.
If we ever face another shutCPA
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Roman H. Kepczyk, CPA.CITP
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Amy Vetter, CPA.CITP, CGMA
Becky Livingston
Garrett Wagner, CPA.CITP
Richard D. Alaniz, J.D.
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Jim Boomer, CPA.CITP, CGMA, MBA
Bob Cedergren, CPA.CITP, CGMA, CISA
Randy Johnston, MCS
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Donny Shimamoto, CPA.CITP, CGMA
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down for any reason, we'll certainly
be better equipped to handle it, but
for now, as we think about how we
want to work and more forward, I
believe it's important to remember
that our people represent our most
valuable asset, and securing the loyalty
of staff is crucial. So, where do
you start? Here are some tips to help
you move forward post-pandemic:
■ Determine what worked well and
what didn't work as well with regard
to remote working or any other
changes you made in the ways in
which you work. Discuss with your
team how you can incorporate the
successful parts into your practice
going forward, and consider how
you will avoid or improve the
situations that arose that were not
as successful as you would have
liked. For example, video calls might
have been successful, but maybe if
you use them going forward you'll
want to improve the backgrounds
or the technology.
Today's Technology for Tomorrow's Firm
Practice Advisor (USPS 017-576), (ISSN 2160-8725 print; ISSN
2160-8733 online) is published four times per year (April,
June, August and December) by Endeavor Business Media
LLC incorporating two editions known as CPA Practice
Advisor and NSA Practice Advisor. Periodicals postage paid
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GAIL PERRY, CPA
Editor-in-Chief
gail.perry@cpapracticeadvisor.com
@gperrycpa
■ As ment ioned above, career
advancement has been stalled.
Discuss what can change to make
sure all colleagues feel their needs
are being met. Are responsibilities
changing, will client relationships
be handled differently, has technology
improved, will scheduling
be different now? All of these
considerations should now be added
to the mix when determining how
people will advance through your
firm.
■ Focus on the positive. You all made
it through this together. Recognize
those high points during the past
year, take the time to take pride in
your accomplishments, build on
what you have experienced, and
use your combined strength to grow
together. ■
- Gail Perry, Editor-in-Chief
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may2021

Table of Contents for the Digital Edition of may2021

From the Editor: Ah COVID-19, We Hardly Knew Ye
It's Time to Leave These Busy Season Practices in the Past (Where They Belong)
Issue Focus: Due Diligence is Critical in Charitable Donations
Nonprofits Face Unique Accounting Needs
From the Trenches: Client Experience for Today – Practice Management for Today
Gift & Estate Tax Valuation: 5 Things to Remember
The Leadership Advisor: Accounting in a Multi-Channel, Third-Pary World
The ProAdvisor Spotlight: Intuit QuickBooks Report Shows U.S. Small Businesses are On the Road to Financial Recovery
The Labor Law Advisor: Job Descriptions and Essential Functions
The Millennial Advisor: What "Ghostbusters" Can Teach Us About Conversations
The Staffing & HR Advisor: Onboarding and Offboarding Employees
3 Workflows Every Firm Should Know
How Working Conditions and Attitudes Have Changed Due to the Pandemic
Marketing Your Firm: 10 East Blog Topics for The Busy CPA
AICPA News: A round up of recent association news and events.
3 Tips for a Less Taxing Tax Day This Mental Health Month
What to Know When Measuring Your Team's Productivity
Bridging the Gap: Creating a Business Development Pipeline that Works
may2021 - 1
may2021 - 2
may2021 - 3
may2021 - From the Editor: Ah COVID-19, We Hardly Knew Ye
may2021 - It's Time to Leave These Busy Season Practices in the Past (Where They Belong)
may2021 - Issue Focus: Due Diligence is Critical in Charitable Donations
may2021 - Nonprofits Face Unique Accounting Needs
may2021 - From the Trenches: Client Experience for Today – Practice Management for Today
may2021 - 9
may2021 - 10
may2021 - Gift & Estate Tax Valuation: 5 Things to Remember
may2021 - The Leadership Advisor: Accounting in a Multi-Channel, Third-Pary World
may2021 - The ProAdvisor Spotlight: Intuit QuickBooks Report Shows U.S. Small Businesses are On the Road to Financial Recovery
may2021 - The Labor Law Advisor: Job Descriptions and Essential Functions
may2021 - The Millennial Advisor: What "Ghostbusters" Can Teach Us About Conversations
may2021 - The Staffing & HR Advisor: Onboarding and Offboarding Employees
may2021 - 3 Workflows Every Firm Should Know
may2021 - How Working Conditions and Attitudes Have Changed Due to the Pandemic
may2021 - Marketing Your Firm: 10 East Blog Topics for The Busy CPA
may2021 - AICPA News: A round up of recent association news and events.
may2021 - 3 Tips for a Less Taxing Tax Day This Mental Health Month
may2021 - What to Know When Measuring Your Team's Productivity
may2021 - Bridging the Gap: Creating a Business Development Pipeline that Works
may2021 - 24
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https://www.nxtbook.com/endeavor/cpapracticeadvisor/august2021
https://www.nxtbook.com/endeavor/cpapracticeadvisor/july2021
https://www.nxtbook.com/endeavor/cpapracticeadvisor/june2021
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https://www.nxtbook.com/endeavor/cpapracticeadvisor/april2021
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https://www.nxtbook.com/endeavor/cpapracticeadvisor/december2020
https://www.nxtbook.com/endeavor/cpapracticeadvisor/CPA_Practice_Advisor_November_2020
https://www.nxtbook.com/endeavor/cpapracticeadvisor/october2020
https://www.nxtbook.com/endeavor/cpapracticeadvisor/september2020
https://www.nxtbook.com/endeavor/cpapracticeadvisor/august2020
https://www.nxtbook.com/endeavor/cpapracticeadvisor/CPA_Practice_Advisor_July_2020
https://www.nxtbook.com/endeavor/cpapracticeadvisor/CPA_Practice_Advisor_June_2020
https://www.nxtbook.com/endeavor/cpapracticeadvisor/may2020
https://www.nxtbook.com/endeavor/cpapracticeadvisor/CPA_Practice_Advisor_April_2020
https://www.nxtbook.com/endeavor/cpapracticeadvisor/CPA_Practice_Advisor_March_2020
https://www.nxtbook.com/endeavor/cpapracticeadvisor/february2020
https://www.nxtbook.com/endeavor/cpapracticeadvisor/december2019
https://www.nxtbook.com/endeavor/cpapracticeadvisor/november2019
https://www.nxtbook.com/endeavor/cpapracticeadvisor/october2019
https://www.nxtbook.com/endeavor/cpapracticeadvisor/september2019
https://www.nxtbook.com/endeavor/cpapracticeadvisor/august2019
https://www.nxtbook.com/endeavor/cpapracticeadvisor/july2019
https://www.nxtbook.com/endeavor/cpapracticeadvisor/june2019
https://www.nxtbook.com/endeavor/cpapracticeadvisor/may2019
https://www.nxtbook.com/endeavor/cpapracticeadvisor/april2019
https://www.nxtbook.com/endeavor/cpapracticeadvisor/march2019
https://www.nxtbook.com/endeavor/cpapracticeadvisor/february2019
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