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Why Management Accounts Don’t Work for Clients – and What to Do Instead

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Manage episode 501270964 series 3663900
Content provided by Profit First Professionals UK & Ireland and Profit First Professionals UK. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Profit First Professionals UK & Ireland and Profit First Professionals UK or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Tim Seymour is joined by Deb Halliday and Jason Withers to unpack a harsh truth: most management accounts are built for compliance, not clients. They're full of jargon, backward-looking, and fail to help business owners make smart decisions.

In this episode, we explore why traditional reports often confuse more than clarify - and what accountants and bookkeepers can do to change that. The conversation dives into how shifting from compliance to advisory work, and adopting Profit First, can radically improve the client experience, boost understanding, and drive better financial outcomes.

You’ll learn:

✅ Why clients struggle with traditional management reports

✅ How the Profit First method simplifies financial decision-making

✅ Real examples of how advisory work increases client income

✅ What it looks like to become a forward-focused, client-first advisor

Whether you're already on the Profit First journey or just starting to explore, this episode offers clarity and inspiration on delivering real value to your clients.

  continue reading

18 episodes

Artwork
iconShare
 
Manage episode 501270964 series 3663900
Content provided by Profit First Professionals UK & Ireland and Profit First Professionals UK. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Profit First Professionals UK & Ireland and Profit First Professionals UK or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Tim Seymour is joined by Deb Halliday and Jason Withers to unpack a harsh truth: most management accounts are built for compliance, not clients. They're full of jargon, backward-looking, and fail to help business owners make smart decisions.

In this episode, we explore why traditional reports often confuse more than clarify - and what accountants and bookkeepers can do to change that. The conversation dives into how shifting from compliance to advisory work, and adopting Profit First, can radically improve the client experience, boost understanding, and drive better financial outcomes.

You’ll learn:

✅ Why clients struggle with traditional management reports

✅ How the Profit First method simplifies financial decision-making

✅ Real examples of how advisory work increases client income

✅ What it looks like to become a forward-focused, client-first advisor

Whether you're already on the Profit First journey or just starting to explore, this episode offers clarity and inspiration on delivering real value to your clients.

  continue reading

18 episodes

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