Practice news August 2006

Practice

Layoff Worries Hit Record Low Among Accounting & Finance Workers

Worker confidence among accounting and finance professionals rose 5.9 points, to 112.5 in August, according to the most recent Hudson Employment Index. The current level is more than ten points above the level of the previous August.
Practice

Ford Weighs Massive Buyouts in Hopes of Turnaround

With pressure building to make drastic moves to improve its bottom line, Ford Motor Co.
Practice

Mark Your Calendar: Tools of Employee Engagement Workshops

There are many key influencers of employee engagement, including motivation, trust, cooperation and loyalty. When staff are not engaged, quality customer care and financial performance, as well as other measure of performance and success, decline or remain stagnant.
Practice Management

Collections of Articles and Pronouncements Available

The Financial Accounting Standards Board (FASB) and the Professional Accountants in Business (PAIB) Committee of the International Federation of Accountants (IFAC) have announced the availability of their 2006 collections.Advertisement
Practice Management

To Boost Productivity Companies Turn to Strategic Workforce Planning

“In many companies, traditional workforce planning was an onerous process that HR Imposed on management,” says Mary B. Young, Senior Research Associate with The Conference Board and author of a new study on strategic workforce planning. “Too often, the net result was a humongous report, blinding spreadsheets and a dizzying amount of data that provided very little value to the business.”The relatively new field of strategic workforce planning, however, involves analyzing and forecasting the talent that companies need to execute their business strategy.
Practice

Target: Accountants

Marketing to professionals such as accountants, attorneys and doctors is good because these relationships bring in other customers. Banks offering sometimes free business services conduct seminars and staff trade booths at other events catering to these professionals. Reyno Giallongo said, “They’re a wonderful referral source. This is a market segment we (bankers) all like to call on. It’s a segment of the market place that is generally profitable,” according to the Fairfield County Business Journal.
Practice Management

Top Ten Comments Found on Employee Surveys

More than two thirds of U.S. companies survey their employees. These surveys measure employee satisfaction, the effectiveness of internal policies and are even used to help recruit prospective employees.

Voice of the Editor

What would you do if one of your clients won the lottery? We asked several accountants to weigh in with their advice for the lucky Powerball winner, and the tips we received are useful for anyone who receives a windfall, whether it's a lottery win, an inheritance, a big bonus on the job, or a killing in the stock market.
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This Week on AccountingWEB

CPAs Mira Finé, Scott Hitchcock, Rob Keasal, Kathy Scorcio, and Ken Travis offer ten pieces of financial advice for the newest Powerball winner.
Hang Bower of BDO USA and Dan Black of Ernst & Young share their perspectives on why their firms made the Best Places to Work for Recent Grads 2013 list.
Herbein + Company, Inc. firm members talked with AccountingWEB about their year-round employee wellness program.
Bill Walter of Gross, Mendelsohn & Associates and Harold Gaar of TravisWolff LLP weigh in on mobile technology use while employees are at work.
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