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Did you know that the most effective business strategy of 2009 was increased supervision and management? At least, according to a new study released by Bruce Tulgan, founder of RainmakerThinking, a New Haven, Conn., think tank that focuses on generational issues.
May 10 -
This issue's Generational Viewpoints features two individuals from the Rochester, N.Y.-based multi-office firm EFP Rotenberg LLP (www.efprotenberg.com). Darla Wheaton, partner and head of the Attest Department, a Baby Boomer born in 1963, and Gen Y staff accountant Joe Barone, born in 1986, shared their thoughts regarding the following question:
May 10 -
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The proliferation of chief compliance officers in corporate America dates back to 2002, when Cynthia Glassman - a Securities and Exchange Commission commissioner at the time - called on companies to appoint a "corporate responsibility officer."
May 10 -
Most accountants (particularly partners) complain about wasted time during meetings. I suspect this is because many, if not most, meetings in accounting firms are poorly managed. By improving meetings, your firm can increase performance with a focus on solving issues, rather than just identifying and discussing them. Open discussion is healthy, but resolution is what differentiates high performers.
May 10 -
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In 1965, the first year Medicare was enacted, Lyndon Johnson asked government officials to project 25-year costs for the program. In a typical federal computation, the cost for the program by 1990 was estimated to be in the neighborhood of $12 billion - not an insignificant price tag, to be sure, considering that it was calculated in 1965 dollars.
May 10 -
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The Internal Revenue Service has taken its first step in a long-discussed project to extend its oversight of tax return preparers by issuing proposed regulations requiring them to register with the agency.
May 10 -
The recently enacted Patient Protection and Affordable Care Act, as amended by the Health Care and Education Reconciliation Act of 2010, relies heavily on new tax provisions in the Internal Revenue Code to implement many of the goals of health care reform. The effective dates for many of these tax provisions are delayed - some do not take effect until 2013, 2014 or even 2018.
May 10