Guest articles

A&A

Employees Feel They Are Stagnating - What Can You Do?

By Bruce L. Katcher, Ph.D. President of The Discovery GroupTHE PROBLEMOur research shows that employees are not learning on their jobs. Only 1 out of 2 feel that they are given a chance to learn new skills. This is a problem for both employees and their employers.Here are three reasons why employees need to continue to learn new skills: 

A Refresher Course in Online Job Posting

By, Sarah Self of CareerBank.comBy now, most employers have dabbled in, if not devoted a significant amount of time and money, to online job boards for their recruiting program. When the Internet was first starting to see the dawn of online recruiting-more than 5 years ago - there were pretty basic guidelines to follow if you wanted your job posting to be successful. Include keywords. Check your spelling. Don't forget to include some indication of the salary range.But just as the workplace has evolved over the last decade, online recruiting has done the same.
A&A

Providing Financial Services - Avoiding The Ten Traps

A few years ago, one of my clients decided to get into the lucrative business of financial services. After all, financial services companies have been competing with CPAs in the accounting and tax business for years. Partners selected one owner to become the financial services “guru” for the firm.
A&A

Progress in The Learning Firm

by Kenneth M. McCall, MBA Boomer Consulting, Inc. has been providing technology management assistance to the accounting profession for many years. For the past five years Boomer Consulting, Inc has sponsored a gathering of training and learning professionals for a conference dedicated to their unique needs and concerns. Over the life of these meetings, one consistent theme which has been presented throughout is the need to practice a training or learning management process. The model for this process is simple, yet powerful.
Community News

Developing Your Company's Ethics Policy

According to Kenneth Blanchard and Norman Vincent Peale, authors of The Power of Ethical Management, there are three questions you should ask yourself whenever you are faced with an ethical dilemma. Is it legal? In other words, will you be violating any criminal laws, civil laws or company policies by engaging in this activity? Is it balanced? Is it fair to all parties concerned both in the short-term as well as the long-term?
Practice Management

Nine No-Fail Tips For Becoming an Undisputed Value Leader

Looking to become the superior value provider in your industry? You are if you want to keep your customers from going elsewhere, says R. Eric Reidenbach, Ph.D., principal and founding partner of VALTec Group, Inc. and co-author (along with colleagues Reginald W. Goeke, Ed.D. and Gordon W. McClung, Ph.D.) of Dominating Markets with Value: Advances in Customer Value Management.
Practice Management

Ten Steps to Branding Your Firm

by Terri M. Sommella, Sommella Market StrategiesStudies show that 75% of firms are either in the process of a branding campaign or are considering one. Why? Succinctly put, branding creates differentiation and client loyalty. It is the purposeful development of a personal relationship between the client and the product or service. A brand is not all consuming but rather, represents a piece of the whole, one aspect of the firm.
Practice Management

Tips For Effective Internal Investigations

by Stuart R. Buttrick, Baker & DanielsEmployers are forced to defend themselves against large numbers of EEOC charges and lawsuits, many of which could be avoided by prompt and effective internal investigations. A primary goal of any human resource or EEO officer should be to have an effective mechanism for allowing work-related complaints to be resolved internally.

The Warning Signs of Career Disaster

By, Deborah Walker, CCMC Many of us experience recurring dreams. Mine is that I’m driving down the freeway and I can’t read the road signs until I’m right up close. By then it’s too late: I’ve missed an important exit. Fortunately, it’s just a dream. I wake up and all is fine. Unfortunately, many people have trouble reading signs—not road signs, but career warning signs.A career warning sign is any change that indicates possible career disaster that could result in finding ones place in the unemployment line.
Practice Management

When Management Ignores Employee Suggestions - What Can Your Firm Do?

By Bruce L. Katcher, Ph.D. President of The Discovery GroupOur research shows that 7 out of 10 employees believe that management does not act on employee suggestions. Here's why this is a problem.Good Suggestions Slip Through the CracksOne of the major lessons of the quality improvement movement has been that employees who actually perform the work usually have very good suggestions for improving the work. Ignoring their ideas is a sure prescription for inefficiency and reduced profitability.Employees Lose Trust in Managemen
Technology

How Do You INTERACT With Your Clients?

Working online should mean working closer.Online application services represent the best way to work more closely with your clients while decreasing your overall costs of maintaining technology. But using online application services introduce new and sometimes challenging issues, such as getting source documents from clients, and establishing a workflow process that meets the needs of both the client and the practice.
A&A

Tell The Truth, Unless it Hurts - Stock Option Accounting

The following is a guest editorial by, Raymond L. Dever, CPA (Retired)Tell the Truth, Unless it Hurts - Stock Option Accounting. Or, unless it is politically dangerous. "We can't stand by and let accountants wearing green eyeshades decide who is going to get the American dream," says Senator Barbara Boxer (D-California) before a Silicon Valley lobbying organization.

DOL Releases Long Awaited Plan to Update The FLSA

by Stuart R. Buttrick, Baker & DanielsGenerally, the Fair Labor Standards Act ("FLSA") establishes minimum wage and overtime standards for employees that are not exempt from its provisions. Among the most common exemptions under the FLSA are for "executive," "administrative," and "professional" workers -- also known as the FLSA's "white collar" exemptions.

Overcome Your Fear of Job Interviews

By, Acsys, Inc.Let's face it - job interviews can be intimidating! Answering an array of questions can make you feel like you're under a microscope. Everyone wants to impress potential employers, and knowing that this interview may be your only chance to do so, can make the experience stressful. So, how can you overcome this awkwardness and let your true potential shine through? Our advice is to just "BE!"Be Positive: The first thing you need to do is to think positively!
Practice

Ex-Con Tells How Auditors Fail to Help Clients Guard Against Fraud

Mark Morze is in the news pretty often. Reason: He has the dubious distinction of having perpetrated one of the biggest and most brazen financial frauds in American history. While the 1980s may seem like ancient history to many, it was the decade in which the ZZZZ Best carpet-cleaning company soared and crashed, leaving a twisted trail of criminal devastation that took prosecutors, regulators and judges years to sort out.
Practice Management

The Laser Approach - Increase Your Networking Techniques

Always begin with the phrase "You know how" followed by a couple of common problems your clients normally experience. Then follow up by saying, "What I do is" and continue with several key points, benefits or value propositions as to how your product or service solves these problems. For example, if you are a consultant, you can say, "You know how some businesses experience poor staff performance and productivity which can wind up costing the company time and money?" Allow the person to respond, demonstrating you have their attention and they are interested in what you have to say.
Community News

Seven Tips to Keep Your Businesses PC Costs Down

By, Christopher M. KnightStandardize on one model & one name brand ONLY. It may not seem like much, but as your business grows, you will find it will be cheaper to even pay more to keep buying the model you standardized on, in order to keep productivity UPTIME high, and problems low.Standardize on your software installation. Every desktop should look and feel the same, to keep internal PC Support costs low.Have a strong tape backup strategy, and make sure you take your backups OFF premises, in case of fire.
A&A

Working With Family Businesses - A Lender's Perspective For Trusted Advisors

By Walter Einhorn, President & CEO Sunrock CapitalMost trusted advisors and consultants understand that many family businesses have long and complex histories and structures. When working with family owned or operated business an in-depth knowledge of the players and operations becomes essential. For some lenders and trusted professionals information about a client company can be acquired over long periods of time by working closely with principals.
Practice Management

Tips on Managing People From David Maister

By David MaisterThe right way to give a critique.The worst thing you can do if you want to get somebody to listen to you is to criticize him or her. As human beings we hate being criticized. When attacked we attack back. And we attack even when we are in the wrong. Right or wrong has nothing to do with it. Many of us fall into the trap of thinking 'I know I am right, so I'm going to tell the others how silly they are!' It's tempting, but doesn't work. If you have the self-control and the presence of mind to put aside your own ego-needs, and say, 'I've got a problem.
Education & Careers

Career Fairs—Your Shortcut to Job Interviews

By, Deborah Walker, CCMC In many cities and local communities, spring is career fair season. While these events often prove disappointing, job-seekers who understand how “work” career fairs use these events as powerful networking sessions leading to interviews with future employers. If you are considering attending a job fair soon, you’ll get more out of the event by following these three rules.Rule #1: Plan ahead.Know ahead of time which companies will attend the event. Decide which employers you are interested in contacting.

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