June 8, 2016
SMBs Self Finance, Leaving Owners To Fill Cashflow Gaps
An overwhelming majority of small to medium business owners in the U.S. self-finance their own businesses, and a majority of those SMB owners have struggled with cash flow gaps.
June 7, 2016
The Most Effective Leadership Qualities for CPAs
I’m probably the millionth person to form a list of important leadership qualities, but I wanted to share what I have learned from working with CPA firms for over 20 years.
June 6, 2016
Measuring the Value of Trust, And How Much It Costs When Trust Is Lost
Trust is a major factor when a prospect is making a buying decision. Prospects who don’t believe in the integrity of a company and/or the reliability of its products will rarely, if ever, become buyers. And when you lose your customers’ trust, you ...
June 1, 2016
California Firm Lautze & Lautze Merges Into Marcum LLP
Lautze & Lautze provided audit, tax and consulting services to individuals, California businesses and non-profit organizations for more than 70 years. Industry specialties included real estate, professional services and manufacturing, and a particular
June 1, 2016
Transparency is a Must if Using a Compensation Committee for Partner Compensation
If you ask 10 different people to define one of today’s buzzwords – transparency – you will get 10 different answers. This post addresses “transparency” as it relates to a CPA firm compensation committee.
June 1, 2016
Accounting Firm Baker Tilly Gets New CEO
Shortly after Whitman assumes the CEO role, Baker Tilly will hold a firmwide Stewardship Day on July 14, 2016 to acknowledge Whitman’s election and to celebrate its people. Employees will dedicate the entire workday to community service, giving and ...
May 30, 2016
Flashback to 1988: Comparing Accounting Firm Standards Then and Now
Back to the Future – Looking Back over Three Decades Recently my clients, Tony Frabotta and Rick David of UHY Advisors, forwarded to me the Summer 1988 issue of The PDI Report. Tongue in cheek, they said to me they were surprised to see that there was another Allan Koltin who also did consulting to...…
May 27, 2016
Professionals on the Move – May 27, 2016
A roundup of professionals in the tax and accounting profession that have changed jobs and/or been promoted.
May 24, 2016
The Biggest Challenges of Being a New Manager
New managers face a number of challenges, but which is the most daunting? CFOs were asked, "In your opinion, what is the most difficult part of becoming a manager for the first time?"
May 24, 2016
Old Labor Laws Not Keeping Up With Gig Economy, Decrease Worker Benefits
The traditional distinction between employees and independent contractors is discouraging companies from offering gig economy workers important support, particularly when it comes to taxes. That'd according to Joseph Kennedy, senior fellow at the ...
May 24, 2016
The Push for a $15 Minimum Wage
As more politicians and union-affiliated groups push for higher minimum wages, employers need to prepare now for the significant financial, compliance, and regulatory challenges these changes bring.
May 23, 2016
The Workforce of the Future: How Intuit is Helping Accountants and On-Demand Workers
The emergence of on-demand companies has sparked a burgeoning rise of a new type of entrepreneur, creating a new type of economy: a Workforce of the Future. This new workforce is disrupting and reshaping the traditional workweek as we know it.