46: From Hours to Outcomes: Why We Stopped Tracking Time

Accounting with Confidence Podcast

Accounting with Confidence Podcast
46: From Hours to Outcomes: Why We Stopped Tracking Time
Aug 06, 2025 Season 2 Episode 46
Beth Whitworth

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In this episode I discuss the controversial topic of time tracking in accounting firms. Drawing from my years of experience, I challenge the industry standard of tracking time by client and argue for a focus on outcomes rather than hours. I share my journey from time tracking to adopting value-based billing, and how this shift has improved efficiency and profitability in my firm. I also address common concerns from peers and provide insights on managing team workload without time tracking. Join me as I advocate for breaking away from outdated practices and embracing a more purposeful, client-focused approach in the accounting industry.