Practice news May 2012

Practice

No Facebook for You!

"Access Denied." This is the message I received when trying to log in to my Facebook account from an accounting firm's office.
Practice

Constant Interruptions: The Blame Game

The ever-increasing array of technology available to career professionals today accounts for the brunt of distractions we face. Technology, however, has always been with us in one form or another. Self-management capability is the deciding factor as to whether or not technology is intrusive.
Practice

The Dreaded “M” Word: Why Marketing Isn’t as Hard as You Think

Creating top-of-mind awareness of the solutions your firm offers is an essential ingredient in the success of any wealth management firm. Consistent marketing of these solutions can be the key difference between a marginal wealth management firm and a hugely successful one.
Practice

Discovery Meeting Should Be the Beginning of a Beautiful Relationship

Client meetings give CPAs the opportunity to put all their tools to work. Done well, they are productive and rewarding, both monetarily and psychologically. Improperly done, they can be a disaster.
Practice

Are We At an Awkward Stage about Age?

Whether or not 60 is the new 40, or 30 is the new 20, etc., age perceptions and realities are confusing and not aligned with perceptions and realities of decades ago.
Practice

A Simple Review Adds Value for Clients, More Business for Firm

As CPAs and financial advisors, we strive to help our clients get to a better place in life. But every once in a while, you come across a client who has done everything right.
A&A

Financial Metrics Every Business Owner Should Know

Is your business successful? How do you know? If you're like most business owners, your days are filled by efforts to make your company successful. Those tasks might be focused on making a great product, generating sales, or building customer relationships. And you might be great at those things. But . . .
Education & Careers

Sage Survey: How Small Businesses Deal With an Unpredictable Economy

Sage North America announced the results of its Reinvention of Small Business Study, a survey focused on how small businesses are changing the way they conduct business in an unpredictable economy.
Practice

AICPA Calling for Firms to Participate in 2012 National MAP Survey

The American Institute of CPAs (AICPA) Private Companies Practice Section (PCPS), in partnership with the Texas Society of CPAs, is now gathering data for its much-anticipated 2012 benchmarking survey ? the National Management of an Accounting Practice (MAP) Survey.
AccountingWEB Life

Business vs. Personal: How to Selectively Share on Facebook

If you have a Facebook account, you’ve probably faced the dilemma of whether to accept a friend request from a business associate.
Practice

Weighing In on Employee Benefit Plans

MetLife has released its "Tenth Annual Study of Employee Benefits Trends," the results of which confirm that despite uncertain and shifting times, the potential of benefits to help attract and retain talent and improve employee productivity are stronger than ever.
Practice

Ted Dickman Named BKD's Next CEO

The CPA and advisory firm BKD, LLP, has tapped Regional Managing Partner Ted Dickman as its next CEO, effective Friday, June 1, 2012.
Technology

BSA Study Finds Over Half of Computer Users Admit to Pirating Software

According to the Business Software Alliance's (BSA) ninth annual study - 2011 BSA Global Software Piracy Study - the value of software theft is at an astounding all-time high ? $63.4 billion in 2011, up from $58.8 billion in 2010.
Practice

AICPA Survey: 17 Percent of Young Adults Check Bank Accounts Daily

There's little doubt most young adults are obsessed with their digital devices and the latest technology that helps them use those devices. In fact, three times as many young adults check their social media accounts daily as check their bank accounts, according to the results of a national telephone survey conducted for the AICPA.
Education & Careers

Job Hunting? Ten Tips for Nailing Skype Job Interviews

Skype is a software program that allows two people to speak and see one another via the Internet. Many employers are choosing Skype to conduct job interviews, especially when candidates don't live in their area.
Practice Management

10 Tips for Hiring College Graduates

Are you planning on hiring this spring? There are a lot of great reasons to add a new college graduate to your workplace mix. Job search engine company, Simply Hired, has compiled a list of best practices and strategies for targeting this unique group of candidates.
Tax

AICPA 2012 Sidney Kess Award Winner Takes Volunteerism to the Road

The American Institute of CPAs (AICPA) honored Martin Shenkman, principal at Martin Shenkman P.C., in Paramus, New Jersey, with the 2012 Sidney Kess Award for Excellence in Continuing Education at its Conference on Tax Strategies for the High-Income Individual in Las Vegas, Nevada, on May 1, 2012.
Practice Management

12 Tips for Mastering Your To-Do List

Some people are more effective that others at maintaining a to-do list and executing the items on the list. Here are a number of dos and don'ts that can help you be the master of your to-do list.
A&A

It's Not Me, It's You: Ten Signs Your Client Might be Dumping You

In any business, it's extremely difficult to sustain growth through a series of transactional sales activities. Building strong, lasting relationships is crucial to the long-term success of your business.
Practice

Getting Social at SXSW

Though it's been over two months since South by Southwest (SXSW) was held, it's an event that keeps on giving. SXSW Interactive, one aspect of the event, is focused on emerging technology. For accounting firms, SXSW Interactive is a way to stay ahead of the curve.

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