How This Solo CPA Is Crushing Big Firms in QoE Reports (57 Reports in 2024!)
The "Rain Man of QOE": Caleb Basile on Revolutionizing Quality of Earnings
In this episode, host Marc Howard interviews Caleb Basile, owner and founder of QOE Prep, a boutique accounting firm specializing in Quality of Earnings (QOE) preparation. Founded in 2022, QOE Prep delivers high-quality services at a fraction of the cost and time of traditional QOE reports, completing 57 QOE reports in 2024 alone. Caleb explains what a Quality of Earnings report is, its significance for buyers and sellers, and how QOE Prep offers faster and more cost-effective solutions. Dive deep into Caleb's journey from a standard CPA path to starting his own firm, his innovative processes, and the tools he uses to streamline his work. Learn about the challenges and opportunities in the industry, the importance of automation, and Caleb's vision for the future of QOE Prep.
00:00 Introduction and Guest Welcome
00:40 Caleb's Background and Firm Overview
01:25 Understanding Quality of Earnings (QOE)
04:08 Valuation Insights and Key Metrics
05:37 Interesting QOE Stories and Case Studies
07:06 Pricing and Engagement Models
07:58 Efficiency and Process Optimization
12:47 Working with CPAs and Accountants
15:05 Automation and Future of QOE
26:40 Productization and Prepaid QOE
32:01 Future Innovations and Firm Growth
34:04 Conclusion and Contact Information
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