Practice news

Workplace Fitness

How to Motivate Small-Business Employees

Are you a small-business owner who is finding it more and more difficult to motivate your troops? SmartMoney.com offers five easy tips for kick-starting your crew without busting your budgets.While large corporations with deep pockets can easily dangle bonuses, perks and an array of fancy reward programs (often created by outside consultants) to encourage employees to outperform, you company isn't quite there yet.
A&A

A Conversation with Barry Goldwater: Handling High Net Worth Clients

As CPAs get deeper into financial services and wealth management, they will have to solve more and more complex financial problems which often cut across unfamiliar planning territory. One group of clients many firms hope to close, can be both challenging and rewarding. They are high net worth individuals, those clients who fit into the $10 million-and-above club. If you are fortunate in grabbing the opportunity to inform and perform for high net worth clients, you must stop and think about what is important to this group.What drives and motivates them?
Practice Management

7 Reasons Why Managers Find it Difficult to Throw Out Bad Apples

A new study shows that your company’s bad apples have a tendency to spoil your entire corporate culture. KEYGroup founder and president Dr. Joanne G. Sujansky, Ph.D, CSP, offers solutions for managers who don’t know what to do with these problematic employees.Every organization has at least one: that employee, who for whatever reason, behaves as though coming to work is a fate worse than death.
A&A

White Paper: Reduce the Headaches of Infrastructure Change in 5 Easy Steps

No matter how well prepared you are, managing change in the network infrastructure can be a bumpy process. There are many infrastructure changes that can cause significant problems for an organization if they are not appropriately planned, implemented, and supported with the right practices and technology.
A&A

Computer Theft Endangers Calif. Firm's Clients

A Santa Rosa tax accounting firm is alerting thousands of clients that their private financial records may be in jeopardy after a key computer was stolen from the office, the Santa Rosa (Calif.) Press-Democrat reported.Terry Brown, owner of Tax Service Plus, said a computer containing the records of his firm's 3,000 to 4,000 clients was missing when he arrived at work March 7 and found a back door broken open.He said he's notifying clients by letter what actions they should take to protect themselves against anyone who tries to use the stolen information to open a fraudulen
Practice Management

Grant Thornton Earns 'Companies That Care' Honor

For the third consecutive year, Grant Thornton LLP, the U.S. member firm of Grant Thornton International, one of the six global accounting, tax and business advisory organizations, has been named to the Center for Companies That Care Honor Roll. This distinction recognizes organizations that demonstrate an outstanding and measurable commitment to their communities, both within the workplace and beyond.
Practice Management

Crowe Chizek Names Next COO

Kevin McGrath, CPA, has been appointed as the next chief operating officer for Crowe Group LLP and Crowe Chizek and Company LLC. McGrath is currently executive in charge of the firm’s Financial Institutions Group. He will succeed Frank Arford, who has been named chief executive officer of Horwath International. McGrath begins his new role on April 1, 2007. McGrath’s new responsibilities will include oversight of the firm’s specialized industry groups and the marketing, sales and communications functions.
Practice Management

Power of Publicity: Finding Your Business’ Media Niche

Whether you are the owner, manager, or public relations director of a company, chances are, you’re always looking for ways to get your name in the public eye. While advertising is a great start, enhancing your advertising with publicity creates a perfect marriage of exposure for your company, says Marsha Friedman, President, Event Management Services, Inc. What is publicity? It’s non-paid communication to promote your company in a positive light using media vehicles like television, radio, magazines, and newspapers.
Practice Management

Allen Boress: How to Measure Your Firm's Marketing Performance

Recently we received the following email:Dear Allan:How can we know if people are doing personal marketing? We know that the economy is booming, our firm revenues are up over last year, but that has to be temporary -- it just can't go on forever! So how can we ensure that everyone is doing their job in keeping the momentum going? It's so hard to stay focused on marketing individually when there is more work to do. Why is it that some people and some firms are so much better at this than we are?
Practice

Crowe Chizek Selected Fla. Best Workplace

Crowe Chizek and Company LLC, a public accounting and consulting firm, has been named as one of the Best Places to Work in South Florida. Among medium-size companies in South Florida, Crowe ranks in the Top 15 Best Places to Work, according to the South Florida Business Journal. “This is a wonderful honor, and Crowe is proud to be named one of the best places to work in South Florida,” says Crowe CEO Mark Hildebrand.
Tax

E-File, Extension Deadline Reminder

The Internal Revenue Service reminds certain corporations with assets of $10 million or more and whose tax year is the calendar year to e-file their returns or file for an extension by the March 15 filing deadline.
Practice Management

Accounting Shortage Increases Outsourcing

Today’s shortage of skilled accounting staff may be widening the need for outsourcing, reports the Ohio Society of CPAs Corporate Focus.Cutting costs is cited as the primary reason for finance and accounting outsourcing, according to 42 percent of those surveyed by FAO Research Inc. Lack of internal accounting and finance staff followed with 33 percent.
Practice

Identity Theft: Do Your Employees Have Too Much Access?

About a month after a woman was hired to help with receptionist duties, accounting, invoicing and filing at a small Midwest shipping company, she started calling in sick.When she was out, packages started arriving that were addressed to unknown recipients. Her boss sent them back. But on another day when the receptionist was out, a delivery person told the owner that one of the reclaimed packages was part of a potential fraud investigation.
Technology

IT Zone Guide to Budgeting Systems

By John StokdykFive years ago, I wrote, "In recent years, budgeting has been getting a bad press." Not much has changed on that front. Budgeting remains an entrenched habit - and some would argue a weak spot - in financial management. Even when companies do embrace the concept of business performance management, suppliers report that the most common inquiry they get is for tools to help customers automate and manage their budgeting processes.
Practice

Can Your Firm Use a Global Payroll System?

As the world becomes more and more a global village, organizations are having a greater presence in countries worldwide and where there are people there will always be a need to pay them and the systems to support this. And as we move to this global village state organizations are looking for global solutions and so are looking for global payroll and HR systems. But does such a thing as a global payroll system truly exist or is it all smoke and mirrors? Would such a system be appropriate or even truly necessary?
Community News

3 RBZ Partners to Share Management Duties

In a strategic move to fuel its steady growth, the Los Angeles-based accounting and business consulting firm RBZ, LLP has named three partners to share the Managing Partner position which Thomas J. Schulte has held for nine years and will complete this July.After careful consideration, the position has been divided into three distinct areas headed by partners, who in addition to continue handling their current client base, will begin transitioning into the roles now.
A&A

5 Practical Steps to Becoming a Sustainable Leader

General Electric. Allstate. Yahoo! These companies share some enviable traits—they’re all household names and they’ve all been in business for years. Not easy to achieve in today’s frenetic marketplace. What do leaders at these companies know that you don’t?They know what it takes to build a sustainable business; a business that will be around for years. According to USA Today, every year, nearly 1.5 million Americans start their own business. If they survive the first three years, chances are they’ll stay afloat.So how do you create an enduring business?
Practice Management

10 Reasons Why Budgets Cause Problems

Beyond Budget Round Table (BBRT), an independent international research collaborative, recently produced a web article arguing that budgets tend to focus on targets based on incremental changes from the previous period."The result is a target that is inwardly comfortable to you, yet appears outwardly difficult to your superior.
Practice Management

New York Consumer Bill Targets Tax Preparers

A bill before the New York Legislature, designed to educate taxpayers about tax preparers’ qualifications, would require the Department of Taxation and Finance to publish a "consumer bill of rights regarding tax preparers."The bill, NY SB 2970, calls for extensive RAL disclosure requirements, but exempts enrolled agents. If passed, the legislation would require that all tax preparers obtain a license from the Department.
Tax

White Paper: Assessing Your System Risks Before Attackers Do

By Stephen Northcutt, Jerry Shenk, Dave Shackleford,Tim Rosenberg, Raul Siles and Steve ManciniWith multi-tier network architectures, Web services, custom applications, and heterogeneous server platform environments, keeping data and information assets secure is more difficult than ever. Coupled with this added complexity is the fact that criminal organizations have organized their hacking efforts; it is no longer just “script kiddies” trying to break into your network.

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