SOX/B&I SITES Brush Up on Compliance http://cpcaf.aicpa.org/Resources/Sarbanes+Oxley/ The+Changing+Regulatory+Landscape.htm CPAs and compliance officers can find background documentation, guidance and tools for implementing the Sarbanes-Oxley Act of 2002 here. Looking for related CPE credit? Follow the link to the CPA2Biz.com store for a CD-ROM webcast. Or read the full text of the
HR & talent management
Exploding Generation X Myths
here’s a lot you should know about the new generation of leaders moving up in America’s top companies and professional services firms. Often referred to as Generation X, it’s made up of people born between 1964 and 1975. Numerous stereotypes and myths about Gen-Xers abound, and scant research has been
Opportunity and Balance: Is Your Organization Ready to Provide Both?
The AICPA’s Work/Life and Women’s Initiatives Executive Committee in 2004 conducted national surveys of CPAs and other accounting professionals in public accounting and in business and industry. (Similar surveys were conducted in 1997 and 2000.) The 2004 surveys yielded responses from 681 public accounting firms of all sizes, 674 CPAs
How to Keep Them Once You’ve Got Them
EXECUTIVE SUMMARY A REGIONAL FIRM, PLANTE & MORAN (P&M), developed and implemented a strategy called “rerecruiting,” an ongoing program based on staff recognition and appreciation, to maximize staff retention. Its turnover rate for the past decade ranks between 8% and 15% annually—well below industry standards. MANAGEMENT-CREATED WORKSHOPS explain the value
Smart Stops on the Web
Safety (on the) Net www.marginofsafety.org CPA investment advisers can log on for free at this Web site to catch up on current value investment news and get advice from financial experts such as Warren Buffet. Users also can read fund company annual reports, SEC filings and yearend letters to shareholders;
Tax Services After Sarbanes-Oxley
EXECUTIVE SUMMARY THE PASSAGE OF SARBANES-OXLEY LEFT MANY TAX practitioners wondering where they fit in under these new rules. The act did not list most tax services as one of the prohibited nonaudit services but said firms could perform such functions for audit clients with audit committee approval. THE ACT
Smart Stops on the Web
EXECUTIVE COMPENSATION SITES Case Studies and Reviews www.compensationresources.com CPAs at firms and companies can find case studies—with required actions and outcomes—for implementing nonqualified deferred compensation arrangements, as well as reviews of customized packages at this site. Visitors also can use a compensation calculator and get an overview of stock-option-program designs.
Spotlight on Midlevel ERP Software
n many ways, the attributes you want in enterprise resource planning (ERP) accounting software resemble those you’re likely to seek when choosing a spouse. You want a faithful (accurate) helpmate who grows with you (capable of being scaled up). You want someone you can cherish through sickness (financial loss) and
Some Small Biz Markets Underserved by CPAs
When small business owners need payroll services to whom do they turn? More often than not it’s their CPA—the profession has helped fill that gap for years. But a recent survey of nearly 700 small businesses in the manufacturing, professional services, government, nonprofit and other sectors revealed they generally
CPAs Add HR to the Mix
EXECUTIVE SUMMARY STAFFING IS EVERY COMPANY’S NUMBER ONE problem, and CPAs are in an excellent position to offer human resources (HR) consulting services to clients in need of financial professionals. HUMAN RESOURCES OUTSOURCING IS GOOD for clients that don’t feel they need a full-blown HR department. It can help
You Can Work and Have a Life Too
For many American employees, working and having a life are the impossible dream. According to author Gloria Dunn, time is the culprit that keeps frustrated workers from improving their current job conditions. Dunn tells workers how to find the time they need to “reinvent” their work lives—create a better work/life
What a PEO Can Do for You
EXECUTIVE SUMMARY MORE THAN EVER BEFORE, BOTTOM-LINE-CONSCIOUS companies are outsourcing HR functions by making use of professional employer organizations. PEOs perform a wide variety of tasks ranging from payroll management and employee benefit design and administration to tax filings and compliance with state and federal workplace legislation. GIVEN THE MYRIAD
Staff Performance Advice for CPAs
EXECUTIVE SUMMARY EXPERIENCED HUMAN RESOURCE directors are implementing changes in performance management that not only make your job as the de facto personnel director easier but also usually improve the performance of the entire staff—making you look good. SOME HR DIRECTORS are introducing values-based systems that integrate the company’s mission
Getting the Best From Staff
EXECUTIVE SUMMARY ANNUAL RAISES AND PROMOTION opportunities arent always enough. Managing the changing needs of professional staff requires individualized attention, specialized incentive programs and compensation plans more closely tied to individual achievement and performance. A STANDARD COMPENSATION PLAN or a firmwide incentive program will not have the same effect on
Features
FROM THIS MONTH'S ISSUE
Tax season quick guide
Get ready for tax season with the JofA’s annual filing season quick guide, an easy-to-use compilation of dollar thresholds, tax tables, standard amounts, credits, and deductions. Download and print for quick reference this tax season.
