Abby June Richards, CPA-TX

𝗧𝗵𝗲 𝘀𝗼𝗳𝘁𝘄𝗮𝗿𝗲 𝘁𝗼𝗼𝗹 𝘀𝘁𝗮𝗰𝗸 𝗮𝗻𝗱 𝗮𝗰𝗰𝗼𝘂𝗻𝘁𝗶𝗻𝗴 𝗽𝗿𝗼𝗰𝗲𝘀𝘀 𝗻𝗼𝗯𝗼𝗱𝘆 𝗵𝗮𝗱 𝗮𝘂𝗱𝗶𝘁𝗲𝗱 𝗶𝗻 𝟯 𝘆𝗲𝗮𝗿𝘀! 𝗧𝗵𝗲 𝗜𝘀𝘀𝘂𝗲 NY manufacturer's finance team was spending 11 days on month-end close. They had a long list of things to fix and no clear sense of where to start. 𝗪𝗵𝗮𝘁 𝗪𝗲 𝗗𝗶𝗱 We mapped the full accounting cycle. Three overlapping software tools, $3,200/month combined had no ERP integration. Nobody had looked at them together. Every close, a senior analyst was manually reconciling what those tools couldn't. 𝗧𝗵𝗲 𝗥𝗲𝘀𝘂𝗹𝘁 Close fell from 11 days to 6. $33,600 in annual software cost eliminated.  No new hires.  No new software. We found costs and inefficient everyone missed. #manufacturing #operations #cashflow

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As businesses grow, accounting becomes more complex and more important. Outsourced accounting is no longer a stopgap. It is a strategic way to gain financial clarity without building a large internal team. From bookkeeping to controller oversight to CFO guidance, the right structure gives leaders better visibility, stronger forecasting, and more confident decisions. This guide breaks down what that looks like in practice. https://lnkd.in/eNz7K6X8 #OutsourcedAccounting #CAAS #FinancialLeadership #Growth

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The first number a PE buyer puts on the table is never their real number. It's an anchor to see how much you'll accept without pushing back. PE Deal Ready shows CPA firm partners how to read that first offer for what it actually is. Link in the first comment below.

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Myth: Your tradie client just needs better software. I have heard this from accountants, CFOs, business advisors and the tradies themselves. "If we just had a better app, all of this would sort itself out." It will not. Software is not a substitute for bookkeeping discipline. It is a substitute for paper. A blank Xero file is still a blank Xero file. An unreconciled bank feed is still an unreconciled bank feed. Your phone captures receipts brilliantly. But it does not categorise them, follow them up, or chase the supplier for a missing receipt. The pattern we see with tradie clients who have moved through three different software stacks in two years is always the same. The software is fine. The discipline is missing. Without someone keeping the file moving every week, the next platform will look identical to the last one within three months. What actually changes things: — A weekly reconciliation rhythm, not a quarterly one — Bills coded as they come in, not in batches at BAS — Payroll done on time, every time — GST, PAYGW and super parked weekly into separate accounts — Personal expenses kept out of the business account — An end-of-quarter handover format the accountant has agreed to None of that is a software feature. It is a service. This is the case we make to accountants who are about to recommend their tradie client try yet another app. Recommend the app if you want, but the cleanup loop will continue until there is someone running the weekly discipline behind it. That is the bit we do. We are not the client's accountant. We are not trying to take the relationship. We just keep the file moving, so by the time it gets to your desk, it is genuinely ready to work with. 📩 DM us if you have tradie clients about to start another software trial. Happy to show you what the handover looks like and how we work. #AccountingFirms #AccountantsAU #BookkeepingForTradies #TradieClients #XeroAustralia #BASPrep #CPAAustralia #CAAustralia #PracticeEfficiency #AdvisoryServices

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Why a Part-Time Fractional Controller Is the Smartest Financial Hire You Can Make in 2026: As businesses scale, financial complexity grows faster than revenue. Systems that once worked in QuickBooks break down. Reporting lags reality. Cash flow becomes harder to predict. And suddenly, founders are making six-figure decisions using outdated spreadsheets and gut instinct. Hiring a full-time Controller or CFO sounds like the logical next step — until you see the salary, benefits, onboarding time, and long-term commitment required. That’s where a Part-Time Fractional Controller changes the game. At Turner Accounting & Technology Group (TATG LLC), we work with growing companies that need real financial leadership, not just bookkeeping — but don’t need (or want) a $200,000-plus full-time hire. What Is a Part-Time Fractional Controller? A Part-Time Fractional Controller is a senior-level accounting and finance professional who embeds into your business on a flexible, scalable basis. You get the experience, structure, and oversight of a seasoned Controller — without the overhead. This role goes far beyond closing the books. A true Fractional Controller is responsible for: Financial accuracy and GAAP compliance Month-end close and reconciliations Cash flow visibility and forecasting Internal controls and process design ERP and accounting system optimization Management reporting that actually drives decisions At TATG, we don’t outsource this role. Your financial data stays with a U.S.-based, senior professional who understands your business, your systems, and your risks.

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#MarketMapMondays - FINANCE & ACCOUNTING X AI Did you know there was a shortage of 340k accountants in 2024, nearly 75% of CPAs are at or near retirement age, and there is a 30% drop in new accounting graduates coming out every year compared to 2013? All of this has created a severe short supply in the accounting space. While supply is shrinking, the workload on finance and accounting teams is growing much faster thanks to: a) The shift from pure controllership to finance becoming a business decision support function b) Increasing complexity in accounting work with burdensome reporting requirements like ASC 606, evolving regulatory environments, and the expanding footprint of digitized financial data c) Rising demand for speed and scale in repetitive work such as transaction processing, payables, receivables, reconciliations and book closure Both these demand and supply drivers make the finance function ripe for transformation using AI. We are already seeing multiple models evolve as startup founders aggressively pursue this opportunity: 1️⃣ Systems of Intelligence on top of the existing finance stack (e.g. Summation, Sapien, Translucent) 2️⃣ AI agents that automate end-to-end finance, accounting and auditing work both within internal finance teams and within accounting firms (SignalsHQ, Campfire, DataSnipper) 3️⃣ AI rollups that acquire existing finance and accounting BPOs and transform them using AI (e.g. Crete, Accrual) Please check out this insightful market map by Sapphire Ventures (Rajeev Dham, Aditya Reddy, Jasmine Yang) that captures all the action in this space (link in comments). Please also check out the AI native rollup landscape from last week’s MarketMapMondays (link in comments). I strongly believe Indian startups have a huge structural advantage in this space, given the massive finance and accounting BPM industry we have. Startups building here can leverage the large volume of work happening in India for global locations. At Antler India, we made our first bet in this space earlier this year. SignalsHQ (Gaurav Pansari and Mohit Kumar) is using AI to automate work for CPA firms in the US. There is still plenty of whitespace for startups to go after. If you are building an AI native rollup play from India focused on accounting or using AI to build systems of intelligence on top of the finance stack, I would love to chat. Please ping or DM. Rajiv Srivatsa Nitin Sharma Jasnoor Gill Sankalp Sharma Raghav Goyal Raghav Chopra Pranit Malhotra Anshul Tibrewala #AI #FinanceStack #MarketMapMondays #AccountingTech #AITools #IndianStartups #BPM #FutureOfFinance

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One of the biggest misunderstandings I see with CSQM 1 is this: Firms treat monitoring like a separate task to check off at year end. 👉 It’s not. Monitoring is how you determine whether your quality management system is actually working. And it gives you much of the support for the annual evaluation of the QMS. Three mistakes I see most often in small firms: 1️⃣ Risks copied from a generic template 2️⃣ Monitoring not tied to risks 3️⃣ No evidence monitoring occurred If you had a practice inspection tomorrow, could you show evidence your monitoring actually happened? Full article here: https://lnkd.in/efQHWYXC

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Managing multiple subsidiaries in a single QuickBooks Online works, until it becomes a liability. I see this often with growing companies: -US and international entities in one file -Subsidiaries separated by classes or locations -Intercompany activity handled manually It looks efficient early on. The risk builds quietly. What starts to break: -Entity-level trial balances stop tying -AR and AP become difficult to separate -Audit support turns into a forensic exercise -Future ERP migrations get more expensive The core issue is simple: you can’t cleanly separate history that was never separated to begin with. This is why moving subsidiaries into NetSuite sooner rather than later matters. Delaying rarely saves money, it just shifts the cost into cleanup and audit risk. This is a big part of why I ask this question at the beginning of every project - how do you track your subsidiaries? Untangling multi-entity QuickBooks data so each subsidiary stands on its own is a near-impossible exercise. Question: If you had to produce entity-level financials for an audit tomorrow, how confident would you be?

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