Welcome to the inaugural edition of The Net Gains.

You've joined an engaged group of accountancy professionals to receive weekly insights and tangible tips on the business of accounting.

Let's get started with this week's top hits, curated just for you: 

In Today's Newsletter:
🗂️ Accountancy and automation
💸Deloitte's restructuring
📈 Alternative business models
💡Keeping new hires engaged

Is it time to update your business model?
The common accounting partnership business model has not changed much since the mid-1800s, despite advancements in technology. Some firms may see a benefit from shifting business models to private equity, employee stock ownership plans or even becoming publicly traded.

Check out your options at Inside Public Accounting.

🎧The value add of automation

The Successful Bookkeeper | Ep. 408

It’s clear that automation is the future for accounting firms, but having a firm grasp on what should be streamlined, and what should be left alone, is vital – according to Robin Hall, owner and principal consultant at VARC Solutions.

Listen in on the Successful Bookkeeper Podcast.

$135 billion

The amount refunded to Americans in the first six weeks of tax season.

Source: CNET

💻Forbes ranks top cloud accounting software
💲Deloitte restructures to battle rising costs
💼Workshop aims for talent diversity in accounting
🍎Unique accounting apprenticeship launches in NJ

Want to keep your new employees? Do this

With a competitive job market for accountants, engaging new hires is vital to keeping them long-term at your firm. Make sure you spend upfront time sharing about your workplace culture and assign a mentor to new hires to ensure they immediately feel like a valued member of the team.

Check out more advice at Insightful Accountant.

Thank you for delving into this edition of The Net Gains.

Look for this newsletter on accountancy in your inbox every Tuesday, packed with more updates, tips, and strategies to help you navigate the world of accounting with confidence.

Have an idea for something we should cover? Reply directly to this newsletter to reach our team.

Until next week, keep crunching those numbers.

Katie Parsons
Editor, The Net Gains