Here are some tips for planning great meetings, holding down costs and establishing processes to protect firms and companies from the unique temptations that meetings budgets offer to those who plan and sponsor them.
April 2006 - Journal of Accountancy
TAX
Home Sweet Home
This article explores how taxpayers should compute the tax basis in their homes and the records they should maintain to avoid the risk of additional tax, interest and penalties.
WORTH REPEATING
What’s in IT for You (and Your Company)?
EXECUTIVE SUMMARY The difficulty of calculating the return on an IT investment often has weakened the case for funding such initiatives. Financial managers and other decision makers expect requests for IT funding to be framed in an ROI or shareholder value format so they can compare them with other
EMPLOYEE BENEFITS
Too Much of a Good Thing
EXECUTIVE SUMMARY Companies that allow employees to invest their 401(k) accounts in company stock face a serious risk if the stock declines precipitously. Faced with large losses, employees can take legal action to recover their retirement savings. To head off trouble, companies should consider limiting how much 401(k) money employees
PRACTICE MANAGEMENT
Start Your Own Practice
EXECUTIVE SUMMARY A decade of declining enrollment in college accounting programs during the 1990s combined with passage of the Sarbanes-Oxley Act in 2002 and the new financial reporting and internal control demands on publicly traded companies have created a sellers’ market for CPAs. That makes it a good time to
FINANCE
Managing Meetings
EXECUTIVE SUMMARY Every good meeting has three elements: an agenda, a site that’s conducive to the meeting objectives and a contract that guarantees you get what you need on the budget you expect. If you are planning many meetings in the same city or have a large transient travel budget,
TECHNOLOGY
Charts in Real Time
Just as a picture is worth a thousand words, so a chart is worth a thousand numbers. But a chart that updates automatically as its underlying data change is worth lots more. As you’ll see, Excel can do that with a little preparation. The principal function that transforms a static
PRACTICE DEVELOPMENT
Best Practices in EBP Audits
EXECUTIVE SUMMARY The Department of Labor requires employee benefit plan (EBP) audits for employers with more than 100 eligible plan participants and some smaller plans. EBPs include defined-benefit, defined-contribution, 401(k) and ESOP, health and welfare, and vacation and severance plans sponsored by a single company or several employers under common