Practice Management news

Practice

ROI and Efficiency: The advantages of using a document management system

When document management systems (DMS) and paperless accounting firms first became trendy, some accounting firms decided to become early adopters. But other accounting firms have been more cautious, choosing to wait before rushing into DMS and paperless offices.
Education & Careers

Is it legal to only hire the already-employed? The problems with must-be-employed rules

In their quest to find qualified workers, some employers are explicitly stating that they will only hire those who are already employed and will not consider the unemployed.
Practice Management

Got perspective? Without it, you don't "get it"

To really engage, embrace and include, it's not enough to learn the typical attributes of the different generations. Significantly, the four generations in the workplace don't understand each other's underlying perspectives and formational influences very well.
Practice Management

Insights for the generations on communication

Generational guru Phyllis Weiss Haserot has outlined some insights for the generations on communication as she observes and evaluates style, media, what employers look for and what comes next.
Practice Management

Measuring trust in business

Trust is a vital element of business, yet it's difficult to measure and often gets overlooked. Two research groups have devised their own rating systems to determine which companies are most trustworthy.
Practice Management

Managing and developing young professionals

It's no secret that young professionals (YPs) are the future of our workforce. Engaging YPs now ensures future workforce development needs will be met – despite the retirement of baby boomers.
Practice Management

Five tips for part-time employees and their managers

Being a part-time employee and a college student can sometimes be a lot to juggle. My school schedule is priority and fortunately my part-time job schedule is flexible. Staying focused while on the job can be very difficult as the mind set for college work is very different from that of my part-time job duties.
Practice

Four things accountants must do to keep up with technology

With the changing technological landscape, what must accountants do to stay competitive in the future, and how will technology change the future role of the accountant? Here are four tools every accountant should have in the technology toolbox.
Practice Management

Low-cost plan of action for developing a marketing program

There is a wealth of marketing tools, resources, and software available on the market - many of which work well and are cost effective. My intention with this article is to provide those with no marketing plan with a little inspiration and to mention that it might be time to review existing plans.
Practice Management

One single marketing mistake is killing the success of accountants

Everything you’ve ever learned about marketing and growing an accountancy practice... is wrong. That’s right, wrong! And if it’s not wrong it’s probably out of date.
Practice Management

Action checklist for inter-generational initiatives

There are many ways people of any generation can contribute to inter-generational inclusion. The items in this checklist can apply to any generation as the action initiators.
Practice

Overcoming inertia

When you are stuck on the treadmill of life juggling the tasks of working, parenting, spending beyond your means, eating and drinking too much, and getting sucked into watching TV, it’s hard to change your routine.
Practice Management

Get the right results from employment tests, while avoiding charges of discrimination

As the economy slowly improves and employers look to add more workers, hiring productive workers is as important as ever, and no one wants to waste time and money hiring people who aren’t the right fit.
Practice Management

Book Review: "As One" by Mehrdad Baghai & James Quigley

"As One" opens with a dedication to people all over the world from all walks of life who labor tirelessly to enable groups of people to work “as one” in pursuit of noble goals.
Practice

Is this dress code professionalism overkill?

If you are thinking about branding or flexibility for your firm’s people, the 43-page new dress code from Swiss bank UBS AG should get your attention.
Practice Management

FASB issues proposed accounting standards update on testing goodwill for impairment

The FASB has issued an exposure draft of a proposed accounting standards update intended to simplify how an entity is required to test goodwill for impairment.
Tax

IRS gets serious about return preparer rules

The PTIN registration is the first step in a multi-year effort by the IRS to provide standards for and oversight of the tax preparation industry. Starting this fall, certain paid preparers will be required to pass a new competency test.
Practice Management

Could you be breaking the law by not archiving e-mails?

Think about it – almost all of your business communications and negotiations are performed via e-mail, making them important documents to keep for reference.
Practice

Flat world update: Use social media internally to flatten your organization chart

Commerce is now global, accessible, and available to all– the world has been deemed flat With all this talk about how flat the world is, it’s amazing how hierarchal our companies and institutions are, especially as professional service firms whose titles create a class system of their own.
Practice Management

Minimize personality conflicts in your workplace

The motherly instruction to "play well with others" doesn't always travel from the playground to the workplace. Resolving staff conflicts is an ongoing issue faced by supervisors.

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