CFO

A&A

Top Uses for Application Service Providers - ASPs

ASPs can be used to automate and outsource a wide range of business functions - online buying and selling, supply chain management, customer relationship management, finance management, human resources management, collaboration and messaging, procurement of goods and services… the list goes on.
Practice

CFOs: Golf Is Good For Your Career

Golf isn't just a sport, it's a good career building activity, according to a recent survey of CFOs conducted by Robert Half International Management Resources.Survey responses came from 1,400 CFOs from a stratified random sample of U.S. companies with more than 20 employees.
Technology

Is High-Tech Your Firm's Niche? Survey Says It Should Be

Coming to a city or town near you in 2001!According to a recent survey of state and local economic development agencies, 97% of respondents view attracting high-tech businesses as a top priority in 2001. As the international and U.S.
A&A

Key Highlights of the Bankruptcy Reform Bill

The House of Representatives recently approved legislation to reform the nation's bankruptcy laws, making it harder for debtors to wipe out their debts without paying them off.Below are a few highlights of this law.The bill calls for debtors to complete personal financial management courses before their debts are discharged in bankruptcy; Increase the priority of child-support and alimony payments; Defines what is a realistic amount to pay for food, transportation, hou
A&A

Banks Tightening Lending Terms to Businesses

According to a Federal Reserve survey conducted in January, bank loan officers have continued to tighten their lending terms, particularly to riskier firms. Worried that business borrowers may have a hard time repaying loans with the economy growing so slowly was cited as the main reason for the stricter standards. Over half of the 54 U.S.
A&A

Succession Planning - Ensuring the Future of Your Firm

Structuring clear concise career paths for new recruits and staff is a powerful tool to ensure longevity and growth within your firm. By designing and incorporating a succession plan, you are investing in the firm's future leadership.
A&A

What Should You Do if Your Identity is Stolen?

A recent article on Bankrate.com provides these helpful tips if you suspect you are or have been a victim of identity theft.Here is a step-by-step guide to clearing your good name:Contact the three major credit bureaus. Equifax: (800) 685-1111; Experian: (800) 311-4769; and Trans Union: (800) 888-4213. Ask them to place a fraud alert on your credit report.
A&A

Partners - A Little Disagreement Can Improve Revenues

Do you and your fellow partners agree on almost everything? If so, you could be damaging the bottom line and threatening the very existence of your mid-size CPA firm. Believe it or not, too much consensus - where owners allow the majority to rule or in those rare instances when all owners really do agree - can harm your revenues and damage your ability to interact, plan, and run the firm cooperatively and profitably. How Consensus Can HurtYou may ask, "Aren't partners supposed to agree? What about the 'united we stand' concept?
Practice Management

The Most Important Aspect of Business - Getting Paid

Compliments of Robert Goldhaber, Esq. -Member of the National Network of Accountants’ Preferred Provider NetworkThe key to staying in business is receiving payment for the services you provide, and receiving that payment in a timely manner. In most instances, getting paid for services performed, or for goods sold, is not a problem. But what do you do when payments are not forthcoming? Do You Want to Do Business with this Customer?In reality, every businessperson should start thinking about being paid prior to performing any work or selling any goods.
A&A

Low Cost Ways of Enriching Employee Experiences

Every employee wants to feel that he or she is a part of the bottom line in an organization. Below are just a few ideas to help you incorporate this attitude into your firm's culture.Interesting work. No one wants to do the same boring job over and over, day after day. And while any job will always require some repetitive tasks, everyone should have a high level of interest in at least part of the job. Information. Information is power, and employees want to be empowered with the information they need to know to do their jobs better and more effectively.
A&A

Work/Life Balance Programs - A Success Story

In a recent interview with BusinessWeek.com, Earl Maxwell, managing partner of Maxwell Locke & Ritter, a 47-person accounting and consulting firm, explains how his firm opened its eyes and hearts to a more family friendly environment. When Mr. Maxwell ran into an employee in the halls of his office building who explained to him that her mother was taking her two small children to meet their school teachers for the first time, Mr.
Tax

Preparing an Exit Strategy for Your Business

Preparing for your retirement is part of every businessperson's long-term goal. But what if you are the owner/operator of the business? You have invested money, time, hard work into growing your business and now it is time to step down. What should you do?When the time comes, you may want your business to continue and prosper, but you don’t want the IRS to take possession of your hard-earned gains with estate taxes. Maybe your business has taken a hard fall, and you need to know your liquidation options.
A&A

AccountingWEB's Recommended Research Site-Check it Out!

The U.S. Department of Labor’s Web site provides a wealth of information for students, accounting professionals, and human resources representatives. At this site, you can gather information on a specific industries, occupations, projections for an occupation, or trends for a client’s industry. The site highlights many areas including Career Guides, Inflation and Spending Guides, Employment Projections, Wages by Occupation, and Employment Cost.
A&A

The Significance of New Employee Orientation Programs

We are all aware of the implications of poor hiring decisions. They can cost the company time and money, and they can result in low employee morale. One basic step to ensuring that new hires get off to a positive start is to conduct an effective employee orientation program. Employees who are properly trained and introduced to the company early feel better about their choice of employer and usually fit in more quickly.
Community News

Results Accountants' Moves to Build Global Brand That Rivals Big 5

Press ReleaseFrom Boot Camp to Multinational Powerhouse - Results Accountants' moves to build a global brand that rivals the Big 5Through an intensive effort that rivals the scope and services brought about by the Big 5 accounting and consulting firms, Results Accountants’ Systems (RAS) today unveiled a bold plan to transform its 3,000+ clients into major players in the worldwide professional services marketplace.
A&A

SBA & Great Plains Software Offer Free Online Conference

The Small Business Administration will sponsor its first-ever Internet conferences for small businesses on February 20 and 22 hosted by Great Plains Software, Inc. The one-hour online conference, titled "Jump Start Your Business Success," is designed to teach techniques on how to grow successfully and to serve as a question-and-answer forum.
A&A

Intuit Releases 'Site Frame' Web Sites for Small Businesses

Intuit recently released a new version of QuickBooks Site Solutions for small businesses. The new version includes the service "Site Frame," that enables small businesses to insert third-party developed applications directly into their QuickBooks Site Solutions Web sites with a plug and play interface. The new applications will assume the look and feel of the business' Web site. "Small businesses want robust Web sites that help them run their businesses more effectively," said Intuit's Small Business Division vice president and general manager Dan Nye.
Practice Management

When Accounting Firms Enter the World of Group Insurance, with Herbert Lichtman

When Accounting Firms Enter the World of Group InsurancePresented by Herbert LichtmanPresident and CEO, GroupWorksTuesday, February 13, 2001 4:00-5:00 p.m. ESTVisit the AccountingWEB Workshop Calendar for upcoming sessions.SummaryGroup insurance presents both great opportunities and great challenges for accounting firms.
Community News

Formalized Flextime? The Perk That Brings Productivity

An informative article by, Workforce.com provided some great ideas on how to incorporate flexible scheduling in your company.In 1997, more than 25 million workers varied their hours to some degree, with staggered start times, compressed workweeks, job sharing, and part-time hours, according to the article “Flexible Schedules and Shift Work: Replacing the 9-to-5 Workday?” by Thomas Beers in the June 2000 issue of Monthly Labor Review. But, he adds, most flexible workers alter their schedules on an informal basis.
A&A

Financial Planner Tops List of Best Occupations

According to the Bureau of Labor Statistics, among the estimated 260,000 financial planners in the United States, the average starting salary is $28,000. The median income for experienced planners is $107,000, and some earn as much as $200,000 a year. Planners agree that the CFP's requirements for a broad knowledge of taxes, retirement, estate planning and the stock market are very helpful.

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