In this episode, we delve into the debate between Accounting and Finance that took place at the North Carolina CPA Society Business and Industry Conference. Terrell A. Turner, CPA and Chris Word, CPA discuss the distinct paths and benefits of each field, drawing from their professional experiences. They explore the key highlights of their careers, discuss the hiring roadmap from education to CFO roles, and the importance of understanding both disciplines. If you’re torn between accounting and finance, this video will provide insights on choosing the right path based on your personal goals, temperament, and career aspirations. Watch the full replay on the NC CPA Society website! 00:00 Introduction: Accounting vs. Finance Debate 00:43 Recap of the Debate Highlights 01:13 Audience and Context 02:39 Accounting vs. Finance: Key Differences 03:52 Career Path Insights 04:37 Personal Career Stories 05:25 Investor Relations Experience 09:05 Skills for Finance Professionals 13:09 Balancing Accounting and Finance 18:32 Leadership and Team Development 20:15 Conclusion and Call to Action

In this episode of the Finance and Accounting Show, we dive into the evolving landscape of accounting and finance. With over 60% of CPAs nearing retirement and new technology changes impacting the industry, we discuss whether finance is becoming more favorable over accounting. Our hosts Terrell A. Turner, CPA and Chris Word, CPA reflect on their experiences over the past five years, emphasizing the need to understand both fields. We'll also talk about how technology like ChatGPT is changing the profession and what bankers and corporate finance professionals are looking for. Don't miss our insights on the future of accounting and finance, and join us at the upcoming Business and Industry Conference in Greensboro, NC! 00:00 Introduction: The Changing Landscape of Accounting 00:27 Debate: Finance vs. Accounting 01:08 The Importance of Both Fields 02:11 Reflecting on Five Years of Change 07:21 The Role of Technology in Finance and Accounting 09:02 Upcoming Conference and Final Thoughts 11:06 Conclusion and Call to Action

Accounting is the steak. Finance is the pitch | Agree or Disagree? Both are vital—but one might be more future-proof than the other. 🔥 Accounting Builds the Steak. Finance Sells It. | Agree or Disagree? 📍 June 4 | Greensboro, NC | NC CPA Business & Industry Conference Join me and Chris Word for a no-fluff, all-facts debate about: ✅ Why 60%+ of CPAs are near retirement. ✅ Whether accounting is still the “core” of the profession. ✅ How finance is taking the wheel in growth, valuation & funding. ✅ And how technology is bridging—or widening—the gap. 🎤 Team Finance vs. Team Accounting We’ll let the audience decide. 👇 Watch the clip. Then tell us in the comments: Agree or disagree? #CPAConference #AccountingVsFinance #NCBusinessLeadership #DataDrivenDecisions

Bench Accounting Shuts Down: Immediate Steps for Small Business Owners This episode informs small business owners about the sudden shutdown of the Bench accounting app, leaving over 11,000 businesses without an accounting solution. The video emphasizes the urgent need to download financial data and find a reliable bookkeeper quickly. Key tips for selecting a new bookkeeper are discussed, and the TL Turner Group's services are recommended as a dependable alternative. The closure's impact on Bench employees is also acknowledged. 00:00 Urgent News: Bench Drops All Customers 01:12 Immediate Actions to Take 01:45 Finding a Reliable Bookkeeper 02:06 Key Considerations for Choosing a Bookkeeper 02:58 The Busy Season for Accountants 03:37 Final Thoughts and Support 04:20 Conclusion and Call to Action

Today I interviewed a 24 year-old that is starting one of his most exciting opportunities and here is what he told me: 1) A year ago no one could have told him that this kind of opportunity could be a reality for his life 2) The accounting course that I created made things so clear and simple that it gave him the confidence that he needed to ACE his interview 3) Thank you Mr. Turner and course careers because this is a special thing Now here is the backstory: Last year someone asked me "is it possible to get a job in the field of accounting if you don't have a college degree." I said it should be and starting working with Course Careers to create a "Start Your Career In Accounting Course" Today a graduate of my course told me his story and it went like this: 1️⃣ "I'm a first generation immigrant born in the US with no college degree" 2️⃣ "I only have a few years of experience of working in in the fast food industry" 3️⃣ After your class I landed my first job in accounting making more money than I ever have and I'm excited about my future Side note: his starting salary with no degree and no student loan debt is more than my starting salary was and I had 2 college degrees and student loans debt. I am so happy for this young man and the future that he just stepped into, if you are interested in checking out my course see the link in the comments below.

💥 RECAP Intuit Connect 2024 – ❸ full days of ... ✔️ Learning. ✔️ "Connecting" ✔️ Inspiration. It was a boiling pot of powerhouse accounting professionals and industry leaders who had all come to explore Intuit's latest solutions all while learning, connecting and inspiring each other.  Between the day sessions and evening gatherings, there was so much to absorb – I had to pace myself to make the most of it all! Here are a few highlights: 🟢Speaking Opportunity🎤  I had the privilege of leading two sessions and connecting with so many engaged attendees:     ✴️How to Turn Common Bookkeeping Tasks into Profitable Growth Services 📈     ✴️Marketing for Accounting Firms 💡 It was a pleasure to share my insights, but the best part? Learning from the incredible experience and knowledge of the audience! 🟢Networking & Connections👥  Beyond the sessions, the networking was top-notch. I caught up with old friends and met some brilliant new minds.  The evening events added a perfect balance of relaxation and relationship-building. 🟢Takeaways and Inspiration📚  From new strategies to inspiring conversations, Intuit Connect reminded me why I’m passionate about helping firms grow.  Excited to apply these insights to make an even greater impact! Thank you to everyone who attended, connected, and shared their insights with me. 🙏 Until next time! #IntuitConnect2024 #AccountingCommunity #Networking #QuickBooks #GrowthMindset #LearnAndLead #FinanceLeadership

Here's how you can leverage the power of advisory services in your business ... Advisory services can bring tremendous value to your business, but the challenge often lies in knowing where to start and how to deliver that value effectively to clients. That’s why I’m excited about ADP’s Revenue Share Program—a game changer for accountants who want to step up as trusted advisors. Here’s what ADP’s program offers: ✅Expert Insights: Keep ahead of evolving employment laws, benefits, and tax credits with up-to-date resources. 🔍 ✅Advisory Tools: Access cutting-edge tools and support to turn complex regulations into clear, actionable advice. 📈 ✅Enhanced Services: Add more value to your clients by offering expert guidance, supported by ADP’s comprehensive resources. 💼 ✅Revenue Boost: Increase your income while strengthening client relationships and expanding your service offerings. 💰 Joining ADP’s program means you get access to the tools and support you need to make advisory services more effective. The complexities? Simplified. The opportunities? Endless. Ready to take your firm to the next level? Click the link to explore how ADP’s Revenue Share Program can help you become the advisor your clients need. Link: ADP’s Revenue Share Program - https://tinyurl.com/2v87d6p5 💬 What’s your biggest challenge in offering advisory services? Let’s discuss in the comments below! 👇 --- Program terms & conditions apply. See website for details. --- ADP and the ADP logo are registered trademarks of ADP, Inc. --- Explore More: • 🔗 [Facebook] https://tinyurl.com/49vuxn33 • 🔗 [Instagram] https://tinyurl.com/47246sze • 🔗 [LinkedIn] https://tinyurl.com/4x7ubzdu

Today we are joining "Boss From Home" to talk about the great opportunities in the field of accounting for people that may not have a typical accounting background.

This is How We Pivoted to Success with ADP as a Strategic Partner ... Starting and scaling a niche business is no small feat. At TL Turner Group, we’ve discovered that partnering with the right organizations can make all the difference. 🌟 Partnering with ADP Revenue Share Program has been a key component in delivering exceptional value to our law firm clients while driving sustainable growth for our firm. 💼 I recently had the pleasure of sitting down with Julian Santana, CPP at the ADP Growth Forum, where we explored TL Turner Group's transformation from a generalist accounting firm four years ago to a provider of specialized financial advisory services for law firms. ⚖️ Here’s how ADP Revenue Share Program has been instrumental in our growth journey: ✅Specialized Payroll & HR Solutions 🔑: ADP’s expertise allows us to offer law firms tailored, reliable payroll and HR services, so they can focus on what they do best. ✅Consistent Revenue Growth 📈: Thanks to ADP’s revenue share program, we’ve established a steady income stream that accelerates our growth and supports our scaling efforts. ✅Dedicated Support 🤝: With ADP’s resources and personalized support, we have the tools needed to enhance our client services while maintaining our high standards. At TL Turner Group, we’ve seen firsthand how aligning with the right partner opens doors to new opportunities. ✨ Watch our full interview 🎥 to learn more about our journey and discover how these insights could help your business grow too. --- Program terms & conditions apply. See website for details. --- ADP Revenue Share Program and the ADP logo are registered trademarks of ADP, Inc. --- For more about ADP’s revenue share program, follow ADP on social media: • 🔗 [Facebook] https://tinyurl.com/49vuxn33 • 🔗 [Instagram] https://tinyurl.com/47246sze • 🔗 [LinkedIn] https://tinyurl.com/4x7ubzdu

Have you ever taken on a cleanup job, trusting the client when they said, 'It's not that much work,' only to find yourself facing a mountain of issues? We've all been there. That's why we don’t use a one-size-fits-all flat rate for cleanup work. You never know how much-hidden mess you're stepping into. Always do an upfront assessment. And if the job requires more, charge more. Value your time, skills, and the effort it will take. Don't sell yourself short by underestimating the task ahead.

Welcome back to our channel, where we dive deep into the challenges and triumphs of the accounting world. Today, we're thrilled to present a special episode featuring the insightful Geraldine Carter, a beacon of innovation for accountants, accounting firms, and CFO service providers looking to transform their work life. Are You Overworked and Underpaid? If you're an accountant or firm owner drowning in endless hours of work, dreaming of a manageable 40-hour workweek (or even less!), this episode is a must-watch. Discover how Geraldine Carter leverages her engineering mindset to tackle the pervasive issue of overwork in the accounting industry with practical, innovative solutions. What You'll Learn: • The Power of Niching: Find out how specializing can not only reduce your workload but also increase your firm's value and appeal. • Pricing Strategies: Learn how effective pricing goes beyond just increasing your rates—it's about aligning your services with the value you provide, leading to better client relationships and higher profitability. • Efficiency in Delivery: Geraldine shares groundbreaking tips on streamlining your service delivery to maximize productivity without sacrificing quality. • The Role of Mindset: Discover why a strong, positive mindset is critical for making significant progress and how mindset coaching can propel you and your firm forward. We're eager to hear from you! After watching, drop a comment below sharing one change you plan to implement in your practice to reduce work hours or increase efficiency. Remember to like, share, and subscribe for more insightful content designed to empower you in your accounting journey. Check out our YouTube page for the video version of this podcast: https://www.youtube.com/@thefinanceaccountingshow2679 ============= Connect with Us: Instagram: https://www.instagram.com/businesstalklibrary/ Website: https://www.bizprofitsecrets.com/ Facebook:https://www.facebook.com/TLTurnerGroup Email: contact@tlturnergroup.com

What if the reason your new hire is struggling isn’t their fault, but yours? 🤔 Imagine this ... You’ve just welcomed a new team member, and you’re eager to see them shine. 🌟 But things are already slipping through the cracks... deadlines are missed, communication is muddled, and frustration is mounting. 😣 📌What went wrong? Here’s the truth: Many businesses struggle to retain talent because they skip a crucial step... Setting Up Guardrails! 🚧 📌What are guardrails, and why do they matter? Watch the video below for a detailed description that covers the following points: - ⏰ Time Boundaries - 💬 Open Communication - 📚 Resource Sharing 📌As a leader, your role isn’t just to delegate tasks—it’s to create an environment where your team can thrive. 🌱 👇 What “guardrails” have you found most effective in supporting your team? Let’s discuss in the comments! 💬