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A&A

Hidden Overhead - Hidden Expenses Cost You Money

By, Keith RosenAlthough you have a handle on your business' operating costs, there may be some hidden expenses that are costing you more than money.Many execs confess that although their business is moving forward, they find their time is consumed with, accepting or being dragged down by unwanted situations, problems or behavior. Not overwhelming individually, they have a way of building up until they effect productivity, cause stress and waste time and energy.
A&A

Daily habits for developing the art of leadership

Many people are born leaders, yet the ability to lead is actually an art and an amazing collection of skills which can be learned and sharpened. The following top ten daily habits will help you and/or your clients grow as a leader personally, professionally, and spiritually.
A&A

Top 10 interview bloopers...and how to avoid them

We’ve all heard stories of job candidates who looked great on paper but who were absolute disasters in person. With fewer interview opportunities available in a competitive marketplace, it’s essential to make the best possible first impression. You can learn from the mistakes of others and avoid the top 10 worst interview blunders. Poor handshake.
A&A

Fraud 101: Small business at risk

FRAUD: 1. Intentional perversion of truth in order to induce another to part with something of value or to surrender a legal right 2. The act of deceiving or misrepresenting. That's how Webster's Dictionary defines the word "fraud"Business fraud and abuse costs have reached $400 BILLION dollars a year. That equates to $9.00 per employee, per day. Pretty incredible isn't it! It appears that the work force today has become Ethically Challenged. Who's the most at risk? The answer, small businesses.Fraud is difficult and often impossible to prevent.
Practice

How to handle difficult people

A bully at your work is difficult for you to face. He is demanding you do part of his job without pay or credit. How do you handle it?Your neighbors are constantly fighting. They wake you up in the middle of the night with their screams and curses. What do you say to them?Your father is unhappy about your career choice. He constantly criticizes your work and points out what he thinks you should do. How do you deal with him?
Practice Management

Work/life balance - the impossible dream?

By Steve McIntyre-SmithI don't know how many readers might have fallen into some of the traps I used to when I was in public accounting, but here are a few scenarios to which I fell prey. Let's see how many of them might be familiar to you:It's 5:15 p.m. on a Wednesday. You promised you'd be home in time to have dinner with the family before going to your youngest child's piano recital.
A&A

Tips on how to conduct an effective meeting

When members of a company gather at a meeting, their purpose is to conduct business - to collect information and discuss issues and to make decisions on how these issues will be resolved or addressed.The methods businesses choose to carry out these functions will frequently depend on the type and size of the meeting. Careful planning and preparation are essential to conducting effective meetings, regardless of type or size.Below are a few ideas and tips to help you prepare for a successful meeting.First, determine if the meeting is truly necessary.
A&A

Is your language blocking your success?

By Dr. Pam Brill - "I'm burned out," "I've lost my drive," "I'm not interested," - these are words and images that sales pros have used to describe their falling motivation that accompanied their failing numbers. A sales pro in financial services, Chris had lost the passion and the spark that fueled him for making chilly cold calls and energy for the heated sprint to close the deal. With numbers down and still falling, Chris blamed the competition, the internal competitors, including the other sales pros in his division and the new kids on the block.
A&A

Seven ways to avoid becoming a bad boss

By Bruce L. Katcher, Ph.D. President, Discovery Surveys, Inc.Most employees experience a bad boss at least once in their career. Many feel they have never really had a good boss. Insensitivity, failure to communicate, and a lack of fairness are the hallmarks of poor supervision.Why is it that good supervisors are hard to find?Supervising is Not Easy Handling the complex issues of motivating employees and solving job and people-related problems is very difficult. Few are capable of handling these responsibilities well.
A&A

Growing your small business with project management

By Michelle LaBrosseIf you think Project Management is only for the big guys, think again. Project Management is a powerful business tool for businesses of any size. And as any small business person will tell you, effectiveness and efficiency is never about size. It's about working smart.Improve Performance with Process

10 Ways project management skills can help your career

In today's digital world, what employers are looking for may surprise you. They assume you're going to be technologically literate and that you have the skills that are specific to your industry. Once you have the basics, they want to know that you can perform, achieve results and play well with others.
AccountingWEB Life

Buying time: How to put more hours in every day

by Michelle LaBrosseHow often do we say to one another, "I just wish there were more hours in the day?" Well, there can be. When you use Project Management techniques to your advantage, you can be singing the Rolling Stones classic, Time Is on My Side.Here are some of my favorite time-saving tips that you can apply both to your business and home life.
Practice Management

How to defend yourself against receivables fraud

Fraud investigator Andy Wilson has produced a list of self-tests that companies can use to measure how well defended they are against receivables fraud.Here's a rundown of his guidelines..."I don't understand it. Business is as good as it has ever been ... but there is no money in the bank," said the owner of a floral business to a group of anti-fraud professionals he had retained to determine if the business was bleeding cash via internal fraud.Two days before the fraud examination was to begin the bookkeeper failed to report to work.
Practice Management

Who Are Your Best Clients? And What Do You Do Once You Know?

By Michelle Golden
Tax

Steering Clients Towards New Hybrid-Vehicle Tax Credits

From The Tax Strategist, http://thetaxstrategist.netThe new hybrid-vehicle credit effectively replaces the clean-air deduction on the books the past several years. This deduction, set at $2,000 for 2005, was scheduled to be cut down to just $500 in 2006.Instead, the new hybrid credit lets you keep as much as $3,400 in your pocket. Advice: Make sure your clients understand all the tax ramifications.
Practice Management

The One-Firm Firm Revisited <i>by David Maister and Jack Walker</i>

In 1985, one of us (David Maister) wrote an article for the Sloan Management Review called “The One-Firm Firm.” It identified a strategy common to leading firms across a broad array of professions — creating institutional loyalty and team focus.The firms named in that article were McKinsey, Goldman Sachs, Arthur Andersen, Hewitt Associates, and Latham & Watkins, where Jack Walker became managing partner three years later.If one is prepared to accept the argument that Accenture (formerly Andersen Consulting) is the legacy firm of Arthur Andersen, and not the defunct audit-based busi

The SOX Roadmap: A Dead-End for America <i>by Paul Sharman</i>

Imagine you’ve been told you must go on a business trip every year or there will be severe personal consequences. You give the destination and dates to your travel planner and he provides you with an agenda, trip cost estimates and maps. Your planner tells you the first year’s trip should cost no more than $910, and assures you the trip shouldn’t be too onerous. Just before leaving he explains that although you’re not going to the destination you picked yourself, you will enjoy it once you understand the many “good things” his destination offers.
A&A

Making the Fourth Quarter Push

For many small businesses, the fourth quarter of the year presents their greatest opportunity to meet budget and sales expectations for the entire year. How you prepare your business now can mean a big difference in your bottom line for the New Year.
A&A

You Can't Learn the Most Important Business Skill in School

In a recent study that asked more than 2,500 businesspeople what impacted their bottom line the most -- nearly 75% said it was networking. So why has almost nobody been taught to network in school?Dr. Ivan Misner, CEO of the world's largest networking firm and a business professor at Cal Poly University in Pomona, CA, has recently released data he compiled in a comprehensive study of businesspeople around the world.

Another Hurdle on the Road to Compliance: Assessing Company-Level Controls

By J. Stephen McNally, CPA - For many companies, the deadline to comply with Sarbanes-Oxley Section 404 is literally weeks away. There is, however, another hurdle on the road to compliance, one often overlooked or consciously not addressed until the final phase of a company's overall Section 404 compliance efforts. This hurdle is the assessment of an entity's company-level controls.

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