Virtual accounting firms have become increasingly popular, offering convenience and tech-enabled solutions for business owners. But are they always trustworthy? In this episode of The Profit Pillars Show, Parker Stevenson (CEO of Evolved Finance and author of Profit Pillars) explains what to watch for before handing your books over to a remote provider. You’ll hear the story of a well-known tech-backed firm that collapsed, leaving clients with incomplete records, and learn why the real issue isn’t whether a firm is virtual, but how it’s structured. Parker breaks down five major red flags: not owning your bookkeeping data, overreliance on AI without skilled oversight, heavy overseas outsourcing, pricing that raises questions about quality, and firms that only communicate by email. He also highlights what reliable providers do differently, secure systems, strong U.S.-based teams, and proactive communication. If you’ve ever questioned whether a virtual accounting firm can truly support your business, this episode will give you the clarity and confidence you need. 0:32 How a tech-backed accounting firm failed its clients 2:22 The real issue with virtual accounting isn’t being remote 3:03 Red flag #1: Not owning your bookkeeping data 5:42 Red flag #2: Overreliance on AI instead of skilled humans 8:41 Red flag #3: Heavy outsourcing of accounting work overseas 10:56 Red flag #4: Pricing that’s too good to be true 13:35 Red flag #5: Only communicating by email ----------------------- SUBSCRIBE to The Profit Pillars Show for new episodes on money, operations, and strategy designed to help you grow your online or modern small business with confidence. ----------------------- Resources & Links From This Episode 📘 Profit Pillars Book → <a href= "https://evolvedfinance.com/book?utm_source=chatgpt.com">https://evolvedfinance.com/book </a> 💼 Learn more about Evolved Finance → <a href= "https://evolvedfinance.com/services?utm_source=chatgpt.com">https://evolvedfinance.com/services </a> 📚 Finance Tools & Courses → <a href= "https://evolvedfinance.com/learn?utm_source=chatgpt.com">https://evolvedfinance.com/learn</a> ----------------------- About the Show The Profit Pillars Show by Evolved Finance gives entrepreneurs the guidance and clarity they wish they had sooner. Each episode delivers actionable advice based on Parker’s years of experience helping business owners grow stronger, more profitable businesses. ----------------------- Other Ways to Connect with Us 📸 Instagram → <a href= "https://instagram.com/YourHandle?utm_source=chatgpt.com">https://www.instagram.com/evolvedfinance/ </a> 💼 LinkedIn → <a href= "https://linkedin.com/company/evolved-finance?utm_source=chatgpt.com"> https://linkedin.com/company/evolved-finance</a>🎧 Listen on Spotify → <a href= "https://open.spotify.com/show/6ggjihbD5VfKhhjkth32pZ">https://open.spotify.com/show/6ggjihbD5VfKhhjkth32pZ</a>

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