In this episode of The Accountant’s Flight Plan Podcast, we sit down with Mike Schwarz, CEO of MyZone AI, to explore the evolving need for modern accounting firm leaders to adopt AI. In this episode, we discuss how AI is impacting the world and what the projected implications are for small business owners in every industry.
There are some key strategies for implementing AI in this episode. We encourage you to learn about the ways it can help your business without becoming overwhelmed by it. Even just thirty minutes a day learning AI tools can add up to major advances in your accounting firm. Watch in the player above or listen through the player below to hear more!
Timestamps:
00:00-02:30: Introduction of Mike Schwarz
03:10-06:45: Rethinking firm capacity and leadership challenges
08:15-11:30: Building systems that balance efficiency and employee well-being
11:40-13:10: AI as a catalyst for change in compliance and advisory work
17:50-19:30: Leveraging AI for efficiency and expanding firm capacity
23:15-25:00: Maintaining the human advisory touch alongside automation
25:45-28:00: Leading through change and fostering trust in new tech
28:00-29:45: The future of AI in predictive analytics and decision-making
31:00-33:30: Advice for firm owners navigating transformation
33:45-End: Closing thoughts and how to connect with Mike
Link to full listing: https://poegroupadvisors.com/practice/sc2038/
Firm Highlights:
- Young, energetic owner committed to staying 10+ years to run and grow the firm.
- Selling 70–100% equity, with plans to offer key employees an ownership stake.
- 3+ CPAs on staff and over 20 employees.
- High-net-worth clients with strong loyalty and consistent referrals.
- 78% of services tied to business clients.
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