News & Hot Topics

Holland & Knight’s Lobby Division Trashes Timesheets

01/10/12 - by: Ron Baker

Nearly ten articles have been published on Holland & Knight’s Lobby Division saying bye-bye to the billable hour.

Actually, they are saying bye-bye to timesheets, as most of the revenue from H&K’s lobbying group was already on a fixed-price basis.

The first article was in Politico on December 13th. It quoted Rich Gold, head of H&K’s public policy and regulation group: …

Sole Proprietor’s Retreat

11/20/11 - by: Ron Baker

Dan Morris and I will be conducting the Sole Proprietor’s Retreat this December 9-10 for the California CPA Education Foundation. This 1.5 day program was designed as a way to give sole props the opportunity to have a retreat with their peers, since they don’t have partners.

It was a predecessor program to the Firm of the Future Symposium, but designed specifically for sole props and all the …

Book Review: The E-Myth Accountant

09/21/11 - by: Ron Baker

I’ve long been a fan of Michael Gerber’s E-Myth book. His concept of working “on” the business rather than “in” the business was a major theme of the Accountant’s Boot Camp, developed by my good friends Paul Dunn and Ric Payne.

So when I learned that Darren Root co-authored The E-Myth Accountant with Gerber, and especially since I was presenting with Darren at the Sage Summit, I was …

Value Pricing Increasing Down Under

07/01/11 - by: Ron Baker

VeraSage Senior Fellow John Chisholm gives us and update on happenings Down Under with respect to Value Pricing:

This recent article from 23 June Western Australian Business News highlights that some progressive and innovative firms have “seen the light” and are slowly but surely “coming out” publicly in their move away from hourly billing.

BBV_OZ_ARTICLE.pdf

Bowen Buchbinder Vilensky (BBV) is one of the Perth …

The Institute of Chartered Accountants in Australia Interviews

06/07/11 - by: Ron Baker

The Institute of Chartered Accountants in Australia publishes a monthly audio program called “Business in Focus.”

I was honored to be interviewed for the March and April program.

The Firm of the Future” was the March program, and is 7 minutes.

Value Pricing and the Demise of the Billable Hour” was the …

Second Life Webinar: Implementing Value Pricing

05/15/11 - by: Ron Baker

I’m pleased to announce the Maryland Association of CPAs is offering my third Second Life Webinar, which will be held Wednesday, May 25th at 12:30 - 2:30 pm Eastern Time. Registration begins at 11:30 pm.

You’ll have to be registered for Second Life, as well as the Maryland Association’s “CPA Island” on Second Life.

The Webinar’s content and registration information is here.

For how to register …

Sensational Saturday for SAN Members

04/20/11 - by: Ed Kless

On Saturday, July 9, 2011 the Sage Accountants Network (SAN) is presenting Sensational Saturday at Sage Summit 2011 at the Gaylord National Hotel just outside Washington, DC.

The main draw is entitled, Tomorrow Is Today: The Accounting Firm of 2011 to be delivered by Darren Root of RootWorks and Ron Baker of the VeraSage Institute. (Oh yeah, a guy by the name of Ed Kless is …

What is VeraSage?

Not to think like us,
but to think with us.

VeraSage Institute is the most revolutionary think tank for professional knowledge firms—we challenge the professions to break free of practice methods that hurt the professions, undermine their purposes, and fail their clients.

VeraSage is the combination of the words veracity and sagacity, meaning true wisdom.

Among our quests: burying the billable hour and archaic timesheets; pricing on purpose; and recognizing that professionals are knowledge workers, not machines.

We are guided by the Principles and Values articulated in our Declaration of Independence.

A think tank operates in the arena of ideas by observing actual conditions, positing, testing, and constantly revising theories of how the world works, and is an advocate for those ideas it believes will create a better future for posterity.

We operate as a non-profit entity offering our collective intellectual capital to further our ideas and ideals. Our Fellows have all pledged to help their colleagues in any way possible to expand our intellectual capital and increase our sphere of influence.

All this we do only for the price of seeing you, our colleagues, succeed.