Staying Connected With Your Clients’ Information Needs is key

Business leaders in the next century will be faced with information overload. Although we may already feel overloaded in our role as harbingers of information, CPAs and accounting professionals will undoubtedly be positioned in the forefront of this information onslaught.

Consider this: there has been more information produced in the last 30 years than during the previous 5,000 years. That’s a lot of information.

There are steps we can take to rise above this projected information overload. The first step is to differentiate the relevant from the non-relevant information. This requires a great deal of flexibility when dealing with clients. The key is to stay well connected to your clients’ ever-changing information needs, and help them see what is and what is not relevant in terms of their own financial situation.

It is also vital that we continue to gain and maintain technical expertise. More than being financial experts, we must look at accommodating the diverse information and technology demands that our clients will present to us in the future. It’s certainly not an easy task, but something we will undoubtedly face in the new millennium.

Tags 

Voice of the Editor

What would you do if one of your clients won the lottery? We asked several accountants to weigh in with their advice for the lucky Powerball winner, and the tips we received are useful for anyone who receives a windfall, whether it's a lottery win, an inheritance, a big bonus on the job, or a killing in the stock market.
ADVERTISEMENT

This Week on AccountingWEB

CPAs Mira Finé, Scott Hitchcock, Rob Keasal, Kathy Scorcio, and Ken Travis offer ten pieces of financial advice for the newest Powerball winner.
Hang Bower of BDO USA and Dan Black of Ernst & Young share their perspectives on why their firms made the Best Places to Work for Recent Grads 2013 list.
Herbein + Company, Inc. firm members talked with AccountingWEB about their year-round employee wellness program.
Bill Walter of Gross, Mendelsohn & Associates and Harold Gaar of TravisWolff LLP weigh in on mobile technology use while employees are at work.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT