As the agricultural sector faces new complexities and pressures, CPA firms have a unique opportunity to elevate themselves from tax and compliance partners to strategic advisors.
In this free guide, learn how to design and deliver scalable advisory services tailored to the unique needs of agriculture — from identifying and prioritizing the clients who need it, to building a menu of services that delivers ongoing value to you and your farm clients.
The Advisory Opportunity for Accountants Is Significant
Accountants have seen a revenue increase of up to 327% when they incorporate advisory services into their agribusiness offering.
Studies show a 260% increase in client value perception as farmers begin to see their accountant as a trusted advisor rather than a tax service provider.
82% of CPAs leaving the industry have more than six years' experience. Advisory creates more meaningful and impactful work, helping firms attract and retain talent.
Top-performing accounting firms source 79% of new advisory service revenue from their existing tax and compliance clients.
What's Inside
A complete roadmap to implementing advisory for agriculture — helping you transition from a traditional tax and compliance model to an advisory-driven practice, and provide farmers with more meaningful services at scale.
While spreadsheets are a staple in many accounting practices, they fall short of agriculture's needs. Agriculture is a highly specialized industry with specific challenges that require equally specialized solutions.
Combining Figured's farm financial planning, budgeting, forecasting and reporting platform with the power of cloud accounting software gives accountants a fully integrated, agribusiness-specific accounting solution.
Farmers need advisory now more than ever. There's immense pressure from interest rates, commodity price increases, market volatility, climate impacts, the list goes on. To date, a lack of industry-specific tools has made it difficult to provide advisory services at scale. Now there's a way to deliver them across your entire portfolio.
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