Listen "Fixing an Accounting Mess with Josh Farber"
Episode Synopsis
E#19: Josh Farber of G&A Partners shares how to Fix or Clean up an Accounting Mess. Join me, host Scott Geller, on the Budget Your Business podcast to listen. In this episode of "Budget Your Business," we dive into identifying and fixing an accounting mess. Josh outlines two lenses to recognize trouble: the “wrong” lens, where financials don’t align with bank statements, and the “suboptimal” lens, where processes are too complex or granular to deliver clear insights. He explains who to bring in, emphasizing the need for accountants skilled in both fixing and ongoing management. Josh also describes the phased approach to cleanup: fixing immediate issues, pressure-testing for accuracy, and transitioning to a regular accounting cadence. Finally, he highlights best practices for keeping bookkeeping accurate through a clear partnership, regular review cycles, and segregation finances.Book Quotes: “Be efficient with processes, not people” … Stephen Covey’s The 7 Habits for Highly Effective People “Create a culture of guidance, both for praise and criticism.” Kim Scott Radical Candor Find out more about Josh Farber:https://www.linkedin.com/in/joshfarber/https://www.gnapartners.com/Send us a text
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