Training

Practice Management

Survey Indicates Vacations Improve Staff Productivity

Feeling guilty about spending time away from the office this summer? You may be doing your company a favor. More than half (51 percent) of executives surveyed recently said employees are more productive after a vacation than before one. The survey was developed by Accountemps, the world's first and largest specialized staffing service for temporary accounting, finance and bookkeeping professionals.
Practice Management

Document Your Processes - It Pays!

By James K. Boomer, MCPThere are a number of tasks we do on a frequent basis that become so routine that we take for granted that “everyone in our organization knows how to do that!” This assumption is most likely untrue. More likely, a number of employees are sitting at their desks right this moment stumped about where to begin with this new project they have been assigned. Documented processes provide a perfect starting point for new projects.The first step in documenting a process is identifying a repeatable process that is frequently used within the organization.
A&A

Executive Compensation Emerges as Number One Corporate Governance Issue

Executive compensation has emerged as the top corporate governance issue this proxy season. Compensation panels are being scrutinized at unprecedented levels and shareholders are voting "no" on them when a disconnect between pay and performance is observed."The perceived failure of boards of directors to self-regulate and curtail excessive executive compensation has increasingly angered shareholders and incited dialogue regarding legislation to control compensation," states Bill Ide, Sr.
Community News

KPMG Funds Continuous Business Reporting & Auditing Lab

At a time when investors want corporate transparency improved and financial information reported faster, Rutgers University will use a grant from KPMG International to establish a laboratory that will research and test next-generation technologies and methods for continuous business reporting and auditing. The Continuous Assurance and Reporting Laboratory (CAR-Lab), to be housed at the Rutgers Accounting Research Center (RARC), will develop experiments that use actual corporate information from two cooperating companies to test continuous auditing techniques.
Education & Careers

Computer Based CPA Exam Officially Launched

The American Institute of Certified Public Accountants (AICPA), the National Association of State Boards of Accountancy (NASBA) and Thomson Prometric have officially launched the computer-based Uniform Certified Public Accountant (CPA) Examination.The CPA Examination, which has a long and trusted history in the licensing of CPAs, will now be delivered on behalf of boards of accountancy through 300 Thomson Prometric testing labs in the United States, the District of Columbia, Guam, Puerto Rico and the U.S. Virgin Islands.

Ignite Your Mental Pilot Light

by Gary Ryan BlairThat nice, warm shower which you took this morning, and the delicious meal you’ll enjoy later this evening are dependent upon a small, continuous flame called a pilot light.This seemingly insignificant stream of gas operates around the clock and is always ready to ignite your water heater, boiler, furnace or stove into action. It never takes a vacation, never makes an excuse, and is always ready to perform on demand.If the pilot light is not lit then the main burner will simply not work.
Community News

GAO Amends Continuing Education Requirements for Government Audits

The Government Accounting Office has issued new guidance related to continuing professional education requirements for the "Yellow Book." Government Auditing Standards (the "Yellow Book") contains standards for audits of government organizations, programs, activities, and functions, and of government assistance received by contractors, nonprofit organizations, and other nongovernment organizations.
Community News

How do we Spread Flexibility in the Workplace?

Despite the desire by many attorneys at some time in their careers to have more flexibility in their working arrangements, particularly now that technology makes it so much easier, decision makers and even the candidates for flexibility themselves resist such arrangements. The deterrents to faster progress are perceived fears and uncalculated costs and benefits.
Community News

Less Than Half of Workers are Committed to Their Organization's Goals

FranklinCovey, which has surveyed more than 2.5 million people about productivity and effectiveness issues, last week released the findings of its latest Execution Quotient study of 12,182 U.S. workers. The findings confirm that most organizations suffer from major "execution gaps," which undermine the achievement of their most critical, strategic goals.

Free Report 'Turning Negativity Into Positivity'

Ever wonder how much more you could get done in a day if you didn't have to worry about how to solve tough employee problems without exposing yourself and your organization to a lawsuit? Negativity is a common challenge that employers must deal with on a regular basis.
Practice

Training is an Investment, Not an Expense

By Bruce L. Katcher, Ph.D. President, Discovery Surveys, Inc.Organizations spend a huge portion of their operating budgets compensating employees. In return, they expect them to provide excellent products and services to their customers. Yet half of all employees say that they don't receive the training they need to do their job well.Why don't organizations provide the training their employees need? 
Technology

E&Y Named Outstanding Training Organization Third Straight Year

Ernst & Young announced today that is has been named to Training Magazine's Training Top 100 list for the third year in a row, taking the number 8 spot among significant competition from a field of over 550. In addition, Ernst & Young has received recognition as Best in Class: Professional Services."We are delighted to be recognized by Training Magazine as one of the top companies on the Training 100 list for a third straight year," said Harold Miller, Americas Chief Learning Officer, Ernst & Young.
Technology

Companies Lose Revenue Due to Network Downtime

Companies participating in a new study by Infonetics Research experience an average of 501 hours of network downtime every year, and as a result are losing millions of dollars in annual productivity and revenue losses, study results show."Overall downtime costs average 3.6% of annual revenue, a significant number, and one likely to surprise many large organizations," said Jeff Wilson, principal analyst of Infonetics Research and author of the study, titled The Costs of Enterprise Downtime, North America 2004.
Practice Management

Agility Displaces Flexibility According to New Leadership Survey

Forget flexibility.
Tax

Most Companies Get an 'F' in Fraud Prevention

Enron had a code of conduct. Enron had a hotline. And in the end, Enron had fraud. Today, companies operate with a false sense of security because they either don't have a fraud prevention program or the program they have is a legal, yet ineffective "fig leaf." "One key to fraud prevention is to create an atmosphere where employees feel confident in reporting wrongdoing without being victimized, even if executives appear to be involved," explains Toby Bishop, president & CEO of the Association of Certified Fraud Examiners (ACFE), the largest anti-fraud association in the world.
Tax

Live Webcast: The IRS Casts Eagle Eye on Tax Shelters

Tax Talk Today tells tax professionals about Tax Shelter abuse. Every taxpayer dollar that comes into the Internal Revenue Service is important, and that’s one reason why the agency is consistently vigilant about tax shelter review and regulation. In February’s Tax Talk Today, panelists will update you on a number of tax shelter issues. What: Tax Talk Today® will cover: An IRS report on trends seen in tax shelter activity. Issue identification, legal guidance and analysis of shelters.
Practice

ICMA Announces Enhancements to CMA Certification Program

The Institute of Certified Management Accountants (ICMA) Board of Regents announced this week several enhancements to the CMA and CFM certification programs, effective beginning July 1, 2004, reflecting an on-going commitment to ensure the CMA and CFM programs remain at the leading edge of the managerial finance and accounting professional’s business environment.Program enhancements include:The content of the CMA examinations has been reorganized and updated to reflect the variety of relevant business skills and abilities that a managerial finance or accounting professional mus
Technology

The CPA Exam Pilot Comes to a Successful End

The successful completion of a pilot version of the computer-based Uniform Certified Public Accountant (CPA) Examination was announced jointly today by the American Institute of Certified Public Accountants (AICPA), the National Association of the State Boards of Accountancy (NASBA) and Thomson Prometric. Beginning April 5, 2004, the computerized CPA Examination will be delivered on behalf of boards of accountancy through 300 Prometric testing labs in the United States, the District of Columbia, Guam, Puerto Rico, and the U.S.

Scandal-Plagued Illinois Launches Ethics Training For State Workers

A state with a long history of political corruption is giving its employees training in how to avoid more scandalous headlines.All Illinois state workers are required by a new reform law to annually undergo ethics training, which started last week for 58,000 employees and continues through May. The training involves a computerized test, which presents a variety of realistic dilemmas and asks employees to choose the most ethical route out of the predicaments.The training comes as a scandal plays out involving former Gov.

How to Walk Your Talk: Leadership and Sponsorship in Action

If you work in an organization, you’ve heard this complaint repeatedly. Leaders and managers say they want change and continuous improvement but their actions do not match their words. The leaders’ exhortations to employees ring false when their subsequent actions contradict their words.

Pages