Practice Management | AccountingWEB

Practice Management

Practice Management

Does an Accounting Practice Need an Office?

In this virtual world, it seems that we can work from anywhere. Mark Lee, consultant practice editor for our sister site AccountingWEB.co.uk addresses the issues relating to the concept of the remote office.
Practice

Social Media Influences on Generational Behavior and Vice Versa

Not only is the accelerating use of these outlets affecting our behavior and use of time, but also social media are influencing behavior of the different generations – and vice versa. Generational expert Phyllis Weiss Haserot explains.
Practice Development

Management Essentials: Five Merger Tips to Help You Seal the Deal

Having completed five mergers while the managing partner of my firm, I learned many lessons along the way and have some of the scars to prove it. Regardless of whether you're the buyer or the seller, here are a few tips that will help you find and seal the right deal.
Education & Careers

Accountemps Survey: Lack of Communication Is Top Management Mistake

The most common mistake management makes is easy to remedy: Don't keep employees in the dark. In a recent Accountemps survey, 41 percent of CFOs interviewed said the lack of communication is the top mistake companies make in managing their teams.
Practice

Wishing for an Assistant?

Managing a small accounting practice - or any small business - has its ups and downs. Sure, you can select your colleagues, your clients, your phone and computer equipment, collateral, and even your holidays. But that also leaves you in charge of HR, IT, and marketing on top of serving - and finding - your clients.
Practice

Fun during Busy Season Can Lead to More Productive Staff

Just because accountants are logging eighty-five hours a week doesn't mean they should be deprived of a break once in a while. In fact, allowing yourself - or your staff - to take breaks can lead to more productivity. The staff at TravisWolff believes so much in this concept that they formed a "Fun Committee."
Practice Management

Cloud Computing Versus Software as a Service

As our world becomes more and more connected, the terms used to describe online services blur into abstraction. In this article, I'll clarify the terms "cloud computing" versus "software as a service," often referred to as SaaS.
Education & Careers

Top Ten Ways to Take a Consultative Approach to Client Meetings

When meeting with clients, accountants may be most comfortable getting down to business by crunching numbers and going through reports. This approach may seem logical, but it's not always the best approach for relationship building.
A&A

New Survey Looks at Greatest Barriers to Innovation

The biggest roadblocks to organizational breakthroughs are a shortage of fresh thinking and too much red tape, according to a recent Robert Half survey. Survey results are based on interviews with more than 1,400 CFOs from a stratified random sample of US companies with twenty or more employees.
A&A

No More Bad Bookkeeping

What would it be like to receive clean and concise financial data from your clients? Wayne Zielke, CA, founder of LedgersOnline, assembled a team of financial and technology gurus to create online and accounting bookkeeping services to assist small and medium-sized businesses.
A&A

Money Management Is Possible - Even in Today's Economy

Most businesses these days are looking to cut spending. Accounting firms are in a unique position to not only help their small business clients trim the fat and manage their money, but to do the same for themselves.
Practice

Six Ways to Create an Engaging Office Environment This Tax Season

An often overlooked part of marketing and growing your practice involves your physical office arrangement. The appearance of your office should set the client in the right frame of mind to engage you for additional services, including wealth management services.
Community News

Elliott Davis Named among "Healthiest Employers of Greater Charlotte"

Elliott Davis, a Charlotte-based accounting, tax, and consulting services firm, has been named one of the "Healthiest Employers of Greater Charlotte." A second annual awards event, which honored the area's most outstanding health and wellness programs, was held at the Charlotte Convention Center March 21.
Practice Management

Maintaining Work-Life Balance during Busy Season

Accountants can expect to take only so much strain when putting in seemingly endless hours during busy season, but firms can offer ways to help. In addition, staffers can take measures to ease stress during a time when being overloaded with work tasks can be an everyday occurrence.
Practice Management

Stop Wasting Time in Meetings!

Technology is constantly speeding up the pace of business: Decisions once delayed for weeks are now made in seconds, thanks to Internet communication. Computer analytics puts real-time market information at our fingertips. Transactions can occur anywhere, anytime.
Practice

Five Money Management Rules for Young Small Businesses

There are many things to consider when starting a new business, and money management probably tops the list. Get started on the right foot with these five money management tips provided by guest writer Bert Doerhoff.
Practice Management

Pay Me the Money: Improving Collection Rates Step-by-Step

Blame it on a tough economy. Your clients aren't making money, so they aren't paying you. Yet, you're still cranking out their tax returns and other work for them hoping things will improve and that you'll eventually collect the hard-earned money you deserve. This may seem like tough love, but your firm isn't a charity.
Tax

New Xero Survey Reveals Most Common Small Business Financial Mistakes

Xero, the producer of Xero online accounting software for small businesses, has revealed the results of a survey of 500 US accountants and compiled tips to help small business owners take control of their finances during tax season and beyond.
Practice Management

Opportunities Exist for CPAs to Better Leverage Emerging Technology

Like other business professionals, CPAs continue to wrestle with the best strategy to maximize the benefits of emerging technologies, such as mobile devices and cloud computing, according to the 2012 Top Technology Initiatives Survey by the American Institute of Certified Public Accountants (AICPA).
Practice Management

When Employees Rant Online - The NLRB Weighs in on Workers' Rights

Employees have always complained about their jobs, bosses, and coworkers. Today, through social media, such complaints can reach a much larger audience than in the past. Some employers have responded by disciplining workers, and increasingly, the NLRB is stepping in.

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