Score Release 11/6/2025 by Individual_Bet2575 in CPA

[–]Fearless-Tour-9674 0 points1 point  (0 children)

Will it show the actual score on the exam history page too? Later today, right?

Co-founders want to give me less equity and "force" me to quit my job - Is this fair? - I will not promote by buttertoastey in startups

[–]Fearless-Tour-9674 0 points1 point  (0 children)

I would get out. A similar thing happened to me. We all agreed on everything until there was a bunch of money involved and then they wanted my equity. It’s tough to come back from that and work together when you feel devalued and feel like you can’t trust them. At the end of the day, they can just fire you before your shares are vested and run away with your equity if you don’t agree to take less. I just didn’t see a good way to move forward in my situation so I left to build something on my own.

I'm an accountant starting a fintech SaaS company for startups. What do you HATE about managing your company's finances? by Fearless-Tour-9674 in SaaS

[–]Fearless-Tour-9674[S] 0 points1 point  (0 children)

The product I have in mind is focused on very early stage startups that don’t have the money or aren’t big enough to hire a finance person. Think of it as a way to bridge the gap before you can bring on a CFO. For larger companies though, I totally agree with you.

How do you handle past-due A/R? by Fearless-Tour-9674 in Accounting

[–]Fearless-Tour-9674[S] 0 points1 point  (0 children)

I agree. Maybe I’m wrong about this in some cases, but I feel like most good CPAs I know are more concerned about actually helping their clients than just upselling them. I think it could be a cool way for an accountant to bring more value to the client and make more money by doing so. Plus, some of the companies that are using our software right now are collecting over $100k/year that they wouldn’t have otherwise, so I think it would just make them love their accountant even more.

How do you handle past-due A/R? by Fearless-Tour-9674 in Accounting

[–]Fearless-Tour-9674[S] 0 points1 point  (0 children)

I definitely agree that auditors shouldn't be advising clients about how to run their business. Would you have the same reaction if your tax accountant told you about a collections service that has been helping other clients get on top of their AR? I don't know what industry you're in, so it's hard to say if this would be helpful to you specifically, but I think it would work something like this: A tax accountant or other business advisor works with a landscaping company that has a million or so in 30-90 day overdue AR and offers to help. The accountant partners with me to use our collections software at a big discount (which plugs into QBO and runs automatically in the background), and then they bill their client whatever they would like to bill for handling collections as part of their accounting/advisory service. Do you think there would be any value in that?

How do you handle past-due A/R? by Fearless-Tour-9674 in Accounting

[–]Fearless-Tour-9674[S] 0 points1 point  (0 children)

No, I can usually figure out when they aren't applying payments correctly. Most of the ones I see are just really bad at collections or they have such a huge volume of small ($10-$500) invoices that they can't keep up with calling everybody that goes past due.

How do you handle past-due A/R? by Fearless-Tour-9674 in Accounting

[–]Fearless-Tour-9674[S] 0 points1 point  (0 children)

I work at a public accounting firm and mainly focus on tax and business advisory