December 27, 2010

Five New Year’s Resolutions

So this is Christmas And what have you done Another year over And a new one just begun...

Dave McClure

So this is Christmas
And what have you done
Another year over
And a new one just begun…

That was John Lennon’s take on the holidays, with the good and the bad.  And so this is Christmas, and a new year, and what have you done?  Well, it’s a time for resolutions for the coming year, and I have a few to offer:

     1.  Volunteer.  The nation’s non-profits have been battered not only by the recession and a
          change in culture — more people staying home, giving less, and volunteering less — but by a
          lack of financial controls and audits.  Show me a non-profit in trouble, and I will show you a
          non-profit with a poor board of directors and no accountants to help them.  You can change
          that, with only a few hours of your time each month.

     2.  Learn.  This is a tough profession, what with tax, audit, business consulting, tech constulting
          and financial planning.  You can’t do your clients justice if you fall behind, so now is a good
          time to commit to those CPE courses you have been putting off.  Not to mention the computer
          training you never seem to get to.

     3.  Evaluate.  You may have used the same software and hardware for the past two decades,
          and may be very comfortable with it.  That does not mean it is the best for your firm today,
          or for your clients.  You owe it to yourself and to them to stick your head up above the
          day-to-day work and evaluate the new software and hardware on the market.  SaaS? 
          Cloud computing?  Off-site backups?  External hard drives for backup?  Virtual machines?
          Tablet PC’s?  Mobile applications?  If you don’t know, how can you advise clients?

     4.  Stay honest.  The overwhelming majority of accountants are strong, moral, law-abiding
          citizens who serve their clients to the best of their abilities with the best possible
          accounting and business advice.  Sadly, the deeds of the many are offset by the mis-deeds
          of the few.  And that is what the media focuses on.  So you must stay the course, keep the
          flame, do what is right and just — even though a few may sully the reputation of the profession,
          you are what keeps that reputation intact.

     5.  Hold fast.  That means sticking to your guns and doing what you believe is right for your
          clients.  It is also the motto of the Clan McLeod, of the McLeods of McLeod of Scotland.
          What it means is that you stand hard when you are right, when the controls need to be
          addes to accounting, when the recommendations of the audit need to be tracked and
          attested.  It means that you must be the fine thin line between what a company is and what
           what it wishes to be.  And if you do that, you too, sto by a gathering of the Clans most
          anywhere in America, and I will toast to your fortitude with a good measure of scotch.

I am a McClure, a sept of the Clan McLeod, and one who commits to these simple five resolutions
each year in my personal and professional life.  And as the dawn breaks over the year 2011, I
commend them to you as resolutions worth living up to.

Thanks for reading CPA Practice Advisor!

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Dave McClure

Contributing Writer/Columnist

Dave McClure is a U.S. Air Force veteran who flew a B-52 bomber during the Cold War, then became an Air Force Information Officer to hone his skills as a writer, editor and communications manager. He has since been a consultant in business and technology for more than three decades, with degrees in applied science and Organizational Development, with an MBA in Executive Management. He has consulted with companies ranging from Microsoft to General Electric, and has held positions as an accounting software marketing director, media editor, network engineer and professional beta tester for computer hardware and software . His career includes eight years with the NASA Space Shuttle program for BFGoodrich, more than 20 years writing for business and accounting publications, and his tenure as founder and president of the US Internet Industry Association. He is a global expert on IT, Internet and management issues, and currently serves as the co-chair of the International Internet Industry Alliance.