Running a Firm (789)

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Management Essentials: The Partner Compensation Checklist

Tcheck arthere is a constant topic of conversation both inside firms and at almost every conference. It is the age-old question of partner compensation and "how do you do it". As our firm grew, we evolved from everyone is equal, to the "slip of paper" approach, to a more goal-driven, performance-based system. Every firm is a little bit different, but the issues surrounding how you split the pie are pretty consistent. Read more...

Lewis to Lead McGladrey National IT Group

Robert Lewis, McGladreyRobert Lewis has been named as the new business process and technology leader at McGladrey. In this role, Lewis, who has been with McGladrey & Pullen and RSM McGladrey since 1990, is responsible for aligning regional and national technology strategies.

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Trusted Advisor 2.0: Are You Ready?

Are you ready for Trusted Advisor 2.0? I know you are thinking, but wait; I haven't quite mastered Trusted Advisor 1.0. And, by the way, what is the difference, you ask? Before we can answer that question it's important to set a context. The context is that we are already operating at Business 2.0, and the recent recession/depression has served to accelerate business owner needs from expectations to demands. What used to be considered discretionary service offerings that only Maverick CPAs pursued are no longer optional.

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The Right to Social Media?

A few years ago, there was a survey about the attitudes of younger workers toward potential employers. The survey, conducted by former Great Plains executive Bonnie Robertson,  showed a low score for ranking technology as an important factor in selecting a place members of this generation would want to work.

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AICPA Chooses New SVP

Lawson Carmichael, AICPAThe American Institute of CPAs has hired Deloitte's Lawson Carmichael as senior vice-president for strategy, people and innovation. Carmichael will lead the AICPA’s strategic planning activities and oversee the Office of Strategy Management and Human Resources team. He will also be responsible for market research and product and services innovation.

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Wipfli Expands International Practice

Bob Buetow, WipfliWipfli it has expanded its international services practice with the hiring of Bob Buetow as director of international tax services. Buetow was most recently with LarsonAllen and where he held a similar title. He had been with that firm for 13 years.

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Monitoring CPA Tax Preparers

Just over a year ago, an executive at a tax preparation software company shared an observation about the preparation of tax returns. The Internal Revenue Service, he said, routinely finds more mistakes in CPA-prepared returns than in those signed by non CPAs. "It's because the CPAs do not prepare as many returns as the non CPAs," was the thrust of his remarks.

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Measuring Social Media Still Tough

Rhonda Maraziti, WithumSmith+BrownAll signs point to social media as having an important impact when it is actively used by firms like WithumSmith+Brown of Red Bank, N.J. "We support and encourage social media," says Rhonda Maraziti, the firm's director of marketing and practice growth. "It's a great way to demonstrate thought leadership." And there are a lot of elements in social media than can be measured. Social media managers can count the number of friends, followers or contacts for those at a firm or cite the number of employees with blogs along with the number of views for articles and You Tube videos to find out how well these tools work Read more...

Managing Change or Not?

change artAre you managing change? Or are you just letting change happen to you? With all of the change in the package software market, the move to more cloud-based demand and the programmatic change that your vendors are making, there's a lot going on! That's why this article will explore some change management "must-do's" - things that can give you more confidence in managing the inevitable change that these market shifts will drive in your business. Read more...

Take a Brain Vacation to Recharge

Does your brain need a vacation? I'm not talking about just any vacation where you sit by the pool with a drink in hand. What is different about this type of vacation is that it is designed for brain uptime not downtime. For me, pushing my artistic right brain seems to make my whole-brain function better. To that end, each year, I take a week to immerse myself in learning about art. This year, I took a master's class in textile arts. It was stimulating and challenging. I learned a lot about perspective, composition, visual perception, and so much more. What is even more stimulating is thinking about all the ways I can apply this new knowledge to what I do every day. Read more...

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