In this issue
Accounting August 8, 2021
Automation and the Future of Auditing
Auditing has changed significantly over the last 50 years. During the days of paper general ledgers (the 1970’s and 1980’s), two auditors would work together to validate the posting of entries from the general journal to the general ledger using a method called “holler and tick”. The person with the general ledger book would call...…
August 15, 2019
Apps We Love, August 2019: Cities & Local Government
What’s the first thing you do when you find yourself in a new city or town? Twenty-five or so years ago, you might ask someone for directions or look for a local visitor’s center as you enter the town. You could find the heart of the town by looking for a courthouse or see if...…
August 14, 2019
4-Step Marketing Campaign for Accounting Firms to Win Municipality Clients
Begin by identifying the pain points your firm can help them overcome now, and those you can help with in the future. Then create a project plan that defines release dates for services you can offer throughout each lead’s life cycle.
August 14, 2019
2019 Review of Fixed Asset Management Systems
Whether you have a single computer, or hundreds used in multiple locations, you have fixed assets that need to be managed. Fixed assets are anything purchased for long-term use (more than a year) and can include everything from the aforementioned computer, to furniture, printers, machinery, tools, vehicles, buildings, and land. It’s because of that long-term...…
August 14, 2019
5 Tips to Negotiating Salaries to Get the Best Staff
Skilled accountants and auditors are in high demand today, especially CPAs who possess a robust combination of functional, soft and technology skills. This demand, persistent talent shortages and the resulting intense competition for top candidates ...
August 14, 2019
Technology Will Never Be Slower Than It Is Today
It might seem like technology is coming at us like a runaway locomotive, not even slowing down to pick up passengers, just barreling ahead with a mind of its own. New apps, new solutions, new programs, new developments, new cures for problems you didn’t even know existed – the barrage of options is endless and...…
August 13, 2019
9 Types of Flexible Work Arrangements
Once you’ve decided to offer flexible work options for your staff, what’s next? Flexible work arrangements are not a one-size-fits-all solution. In fact, there are nine types of flexible work arrangements.
August 13, 2019
2019 Review of Tax Document Automation Systems
Tax Document Automation capability can save accountants hours and hours of work. Imagine simply placing documents into a scanner and just scanning them. No need to worry about organizing the documents prior to scanning them.
August 13, 2019
Do Your Best Practice Management
The accounting profession will change more in the next five years than it has in the last ten years. At a recent conference where I had the pleasure of sitting on a panel of other consultants and pundits in the accounting profession, the statement was ...
August 13, 2019
The Human Skills Tech Can Never Replace
If you were to draw a picture of today’s accounting landscape, you’d find technology front and center, hogging up all the attention. It’s not hard to see why it’s gained such a place of prominence.
August 12, 2019
Stepping Out
As accountants, we often take great comfort in what we know. We are typically viewed as reactive experts in taxation, auditing, and financial accounting. These three core areas are places we connect with: we feel comfort in the debits and ...
August 12, 2019 Sponsored
New Features and Enhancements in QuickBooks Online Accountant
QuickBooks Online Accountant allows accountants and bookkeepers to access all your clients, resources, and tools under one login. It’s cloud-based, which means there are no annual releases or upgrades; instead, Intuit is constantly introducing ...
August 8, 2019
Does Your Technology Meet Client Expectations?
We’re living in an era where every part of our daily lives is impacted by technology in one way or another. We have numerous new methods of electronic communication and seemly endless options for home entertainment and improved technology that ...
August 8, 2019
Corporate Biz 101: A Refresher Course on Legal Structures for Business Clients
Now that we’ve passed the mid-year point, it’s a good time for a quick refresher course on what your business clients need to know about choosing their legal structure. Your clients’ business entity type has legal, financial and administrative ...
August 7, 2019
5 Process Trends Impacting Your Firm
Technology continues to be the accelerator in the transformation of the accounting profession. To implement new technology and leverage existing technology, your processes need to be optimized and improved.
August 7, 2019
Succession Planning for Small Accounting Firms
Clients of small firms are traditionally very partner-loyal, not firm-loyal. For this reason, it takes additional time to transition clients to the successor firm. If you are one-to-five years away from retiring, a Two Stage Deal may be for you.
August 6, 2019
3 Keys to Serving Governmental Entity Clients
Practicing in the government and municipality industry sector requires a high level of technical expertise and an acumen for a host of accounting and auditing standards that stretch beyond the Financial Accounting Standards Board (FASB) and U.S.
August 1, 2019
4 Ways to Shine as a Payroll Accountant
Job opportunities for accountants are generally expected to grow 10 percent by 2026, and that extends to payroll accountants too. With unemployment low and businesses bringing on new hires at a faster rate, the need for payroll ...
July 18, 2019
Advising Clients on In-Home Senior Care: Direct Hires
Long-term care is a critically-important life choice for seniors – in terms of both care quality and budget management. Recent regulatory changes have made direct hires a more attractive option, frequently enabling families to dramatically reduce ...
