Shared Practices | Your Dental Roadmap through Practice Ownership Ask George - Should Your CPA Be Your Most Trusted Advisor in Dental Practice Ownership?
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Mar 16, 2026 Discussion about whether a dental CPA should be your primary advisor and when their conservative, rules-driven advice helps or hinders growth. Topics include tax planning, embezzlement detection using deposit ratios, organized expense tracking, and the CPA role in compliance. Also covers why operational KPIs like recare and schedule capacity matter more for scaling a practice.
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CPAs Provide Precise Historical Financials
- Accountants excel at historical accuracy and expense organization, giving clear monthly financials and categorized costs like staff, supplies, and labs.
- George Hariri warns this historical focus can bias CPAs toward cutting expenses, which may limit growth if used as the sole advisor.
Review Monthly Financials Within 30 Days
- Get monthly financials within 30 days and review a consistent view each month so you know where key numbers live.
- Use your CPA to track deposits, categorize expenses, and detect embezzlement via monthly reports like the deposit ratio.
CPAs Are Defensive Specialists
- CPAs are defensive specialists: tax planning, compliance, accuracy, and risk reduction are their strengths.
- George frames these as conservative actions that protect value but don't inherently drive revenue growth.
