The Accounting Edit

The Accounting Edit
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The Accounting Edit is where real conversations meet real numbers. Hosted by two women accounting firm owners, we’re pulling back the curtain on what it’s actually like to build a modern accounting practice—while helping small business owners make sense of their finances. Whether you’re a fellow firm owner, a service-based entrepreneur, or just curious about the behind-the-scenes of running a business, you’ll find honest insights, practical advice, and plenty of moments that make you feel like you’re not alone.

  1. 28. Three Reasons to Update Your Books Monthly

    17 HR AGO

    28. Three Reasons to Update Your Books Monthly

    This episode explores the critical importance of monthly updated books for business growth, debt funding, and tax planning. Leah and Aminder discuss how accurate, timely financial records empower business owners to make informed decisions, secure funding, and optimize tax strategies.   Takeaways ·     Importance of monthly updated books ·     Debt funding and business credit ·     Tax planning and quarterly estimates ·     Growth planning and business valuation   Chapters 00:00 The Importance of Monthly Bookkeeping 00:57 Debt Funding and Financial Preparedness 06:33 Tax Planning Insights 11:43 Growth Planning and Strategic Decisions   Website: TheAccountingEdit.com Aminder's Links Website: sequoia-cpa.com Instagram: @sequoiacpa LinkedIn: linkedin.com/company/sequoia-cpa   Leah's Links Website: orca-accounting.com Instagram: @orcaaccounting LinkedIn: linkedin.com/in/leahmccool   Keywords: business finance, bookkeeping, debt funding, tax planning, growth strategy, financial records, cash flow, businessgrowth, funding readiness, financial accuracy

    20 min
  2. 27. Mindset Shifts from Employee to Entrepreneur

    30 APR

    27. Mindset Shifts from Employee to Entrepreneur

    This episode explores the transition from employee to entrepreneur, focusing on radical ownership, redefining success, and protecting your energy. Hosts Aminder and Leah share personal insights and practical tips for navigating this transformative journey.   Takeaways ·     Mindset shift from employee to entrepreneur ·     Radical ownership of business and life ·     Redefining success beyond titles and income ·     Protecting energy and setting boundaries inbusiness   Chapters 00:00 From Employee to Entrepreneur: A Mindset Shift 08:36 Redefining Success: Personal Definitions and Goals 16:29 Protecting Your Energy: Boundaries inEntrepreneurship   Website: TheAccountingEdit.com Aminder's Links Website: sequoia-cpa.com Instagram: @sequoiacpa LinkedIn: linkedin.com/company/sequoia-cpa   Leah's Links Website: orca-accounting.com Instagram: @orcaaccounting LinkedIn: linkedin.com/in/leahmccool   Keywords: entrepreneurship, ownership, success, energy management, startup, business growth, mindset, work-life balance

    26 min
  3. 26. How to Set Goals: The Aminder Method

    16 APR

    26. How to Set Goals: The Aminder Method

    In this episode, Aminder shares her detailed process forsetting and tracking goals, blending corporate frameworks with personal insights. Discover how her disciplined approach helps balance business growth with life balance, and get practical tips for starting your own goal-setting journey.   Takeaways ·     Start small: focus on one achievable goal at a time. ·     Track progress regularly: weekly, monthly, quarterly, annually. ·     Balance ambition with personal well-being. ·     Use reflection and realignment to stay on track. ·     Discipline is key, but self-compassion is essential.   Chapters 00:00 Introduction to Goal Setting 02:41 Aminder's Goal Setting Process 05:25 Weekly and Monthly Check-Ins 08:20 Balancing Personal and Professional Goals 11:24 Learning and Developing Goal Setting Skills 14:03 Discipline in Achieving Goals 18:56 Advice for Beginners in Goal Setting     Website: TheAccountingEdit.com Aminder's Links Website: sequoia-cpa.com Instagram: @sequoiacpa LinkedIn: linkedin.com/company/sequoia-cpa   Leah's Links Website: orca-accounting.com Instagram: @orcaaccounting LinkedIn: linkedin.com/in/leahmccool   Keywords: goal setting, productivity, work-life balance, business growth, personal development, discipline, tracking progress, SMART goals, motivation, success strategies

    25 min
  4. 25. What Running an Accounting Firm Actually Feels Like

    2 APR

    25. What Running an Accounting Firm Actually Feels Like

    This episode offers an in-depth look into the behind-the-scenes work of running a business, focusing on invisible tasks, emotional challenges, and growth strategies for entrepreneurs. Leah and Aminder share personal insights and practical tips for balancing ambition, managing stress, and building sustainable success.   Takeaways ·     Business owners do a lot of unseen work that iscrucial for success. ·     Managing emotional health is essential for long-term sustainability. ·     Setting boundaries and saying no are vital skills for entrepreneurs. ·     Reflecting on goals helps balance ambition with well-being. ·     Building systems and team support reduces stress and increases efficiency.   Chapters 00:00 Behind the Scenes of Accounting Firms 05:02 The Emotional Landscape of Business Ownership 09:33 Growth and Scaling Strategies 16:50 Current Focus and Future Goals   Website: TheAccountingEdit.com Aminder's Links Website: sequoia-cpa.com Instagram: @sequoiacpa LinkedIn: linkedin.com/company/sequoia-cpa   Leah's Links Website: orca-accounting.com Instagram: @orcaaccounting LinkedIn: linkedin.com/in/leahmccool   Keywords: business growth, invisible work, emotional resilience, entrepreneurship, work-life balance, client management, business strategy

    23 min
  5. 24. Why Most Six Figure Businesses Stay Stuck

    19 MAR

    24. Why Most Six Figure Businesses Stay Stuck

    Why do so many six figure businesses stay stuck? In this episode, Aminder Mann (Sequoia CPA) and Leah McCool(Orca Accounting) break down why growing revenue is not the same as scaling a profitable business. They share the key financial and operational mistakes that keep service-based businesses from reaching seven figures. From poor margins and inconsistent financial reviews toreactive hiring and lack of cash planning, this episode walks through what is really holding businesses back. They also cover what seven figure businesses do differently,including how they approach pricing, profitability, forecasting, and monthly financial decision making. If your business is generating revenue but not translatinginto real profit or growth, this episode will show you what needs to change. Takeaways ·     Revenue without margin awareness keepsbusinesses stuck ·     Expenses growing faster than revenue is a keyred flag ·     No monthly financial review means no realvisibility ·     Hiring and pricing should always tie back toprofitability ·     Discounting erodes margin and limits growth ·     Lack of financial rhythm leads to reactivedecisions ·     Shifting from operator to CEO is required toscale ·     Delegation and systems remove you as thebottleneck ·     Seven figure businesses make intentional, datadriven decisions ·     Growth is built through structure, not justeffort   Chapters 00:00 Introduction to Business Growth Challenges 05:07 The Importance of Financial Rhythm 09:21 Shifting Mindsets: From Operator to CEO 13:44 Monthly Financial Reviews and Adjustments   Keywords: business growth, financial management,scaling from 6 to 7 figures, profit margins, financial planning, business strategy   Website: TheAccountingEdit.com Aminder's Links Website: sequoia-cpa.com Instagram: @sequoiacpa LinkedIn: linkedin.com/company/sequoia-cpa   Leah's Links Website: orca-accounting.com Instagram: @orcaaccounting LinkedIn: linkedin.com/in/leahmccool

    18 min
  6. 23. What Actually Happens During a Bookkeeping Cleanup

    5 MAR

    23. What Actually Happens During a Bookkeeping Cleanup

    This episode explores the importance of bookkeepingcleanup for small businesses, covering triggers, processes, common issues, and when to seek professional help. Learn how to restore your financial records, improve decision-making, and set a strong foundation for growth. Takeaways ·     Messy books are usually a systems issue, not character flaw. ·     Regular cleanup helps in making data-driven decisions. ·     Professional help is recommended when books are significantly disorganized.   Chapters 00:00 Introduction to Bookkeeping Cleanups 02:23 Why Businesses End Up Needing Cleanup 04:56 What a Cleanup Actually Involves 09:54 What We Typically Discover 13:17 The Emotional Side of Cleanup 17:11 Should You DIY or Hire Help   Keywords: bookkeeping, financial cleanup, small business, accounting, bookkeeping tips, financial management, QuickBooks, business growth, financial accuracy, bookkeeping mistakes   Website: TheAccountingEdit.com Aminder's Links Website: sequoia-cpa.com Instagram: @sequoiacpa LinkedIn: linkedin.com/company/sequoia-cpa   Leah's Links Website: orca-accounting.com Instagram: @orcaaccounting LinkedIn: linkedin.com/in/leahmccool

    25 min

  7. 19 FEB

    22. Our Favorite Metric to Look at Every Month and Why it Matters

    In this episode, Aminder and Leah discuss essential financial metrics for businesses, focusing on net cash flow and net profit margin. They explore how these metrics provide insights into a business's financial health and sustainability, emphasizing the importance of understanding cash inflows and outflows, as well as profitability. The conversation highlights the need for business owners to track these metrics over time and avoid comparing themselves to others, advocating for a focused approach to financial management.   Takeaways ·     Net cash flow is crucial for understanding cash availability. ·     Net profit margin indicates how much profit isretained from revenue. ·     Both metrics are essential for assessing business sustainability. ·     It's important to track trends over time, not just one-off figures. ·     Avoid comparing your metrics to others; focus on your own progress. ·     Start with a few key metrics to avoid overwhelm. ·     Understanding cash flow helps in making informed business decisions. ·     Net cash flow includes all cash inflows, not just revenue. ·     Business owners should assess their pricing and expenses regularly. ·     Simplicity in metrics can lead to better financial management.   Chapters 00:00 Introduction to Key Business Metrics 01:12 Understanding Net Cash Flow 05:25 Exploring Net Profit Margin 11:06 The Importance of Sustainable Metrics   Keywords: business metrics, net cash flow, net profit margin, financial sustainability, KPIs, accounting, business growth, profitability, cash management, financial health   Website: TheAccountingEdit.com Aminder's Links Website: sequoia-cpa.com Instagram: @sequoiacpa LinkedIn: linkedin.com/company/sequoia-cpa   Leah's Links Website: orca-accounting.com Instagram: @orcaaccounting LinkedIn: linkedin.com/in/leahmccool

    15 min

  8. 5 FEB

    21. When DIY Bookkeeping Stops Making Sense

    In this conversation, Leah and Aminder discuss the challenges of bookkeeping for business owners, highlighting signs that indicate when it's time to seek professional help. They explore the emotional burden of managing finances, the importance of understanding financial literacy, and the complexities that arise as a business grows. The discussion emphasizes the benefits of outsourcing bookkeeping tasks to allow business owners to focus on growth and decision-making.   Takeaways ·     If your books are always behind, it's a sign. ·     Using numbers only for compliance indicates aproblem. ·     Increasing complexity in business financesrequires professional help. ·     Cash flow issues can arise even with profit onpaper. ·     The emotional burden of bookkeeping can beoverwhelming. ·     Understanding finance is crucial for makinginformed decisions. ·     It's okay to let go of bookkeeping tasks as yougrow. ·     Outsourcing bookkeeping can relieve stress andsave time. ·     Financial literacy is important for businessowners. ·     Outsourcing allows you to focus on growing yourbusiness.   Chapters 00:00 Introduction to Bookkeeping Challenges 01:11 Your books are always behind 02:19 You don't actually use the numbers 03:30 Revenue or complexity has increased 05:03 You're guessing instead of deciding 05:52 Emotional cost is high 09:18 The Importance of Financial Literacy   Keywords: bookkeeping, accounting, financial literacy, business growth, outsourcing, cash flow, compliance, emotional burden, complexity, small business   Website: TheAccountingEdit.com Aminder's Links Website: sequoia-cpa.com Instagram: @sequoiacpa LinkedIn: linkedin.com/company/sequoia-cpa   Leah's Links Website: orca-accounting.com Instagram: @orcaaccounting LinkedIn: linkedin.com/in/leahmccool

    12 min
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About

The Accounting Edit is where real conversations meet real numbers. Hosted by two women accounting firm owners, we’re pulling back the curtain on what it’s actually like to build a modern accounting practice—while helping small business owners make sense of their finances. Whether you’re a fellow firm owner, a service-based entrepreneur, or just curious about the behind-the-scenes of running a business, you’ll find honest insights, practical advice, and plenty of moments that make you feel like you’re not alone.

Information

  • Creator
    The Accounting Edit
  • Years Active
    2025 - 2026
  • Episodes
    28
  • Rating
    Clean
  • Copyright
    © The Accounting Edit
  • Show Website
    The Accounting Edit