Human Capital
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What are your personal career success standards?
It’s been said so much that it’s rather cliché now, that money doesn’t lead to happiness. While I agree with that sentiment, I can’t help but think that money does lead to options, which in turn lead to a type of happiness, albeit temporary. As I progress in my career—being in the professional sphe…
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Roadblocks To Effective Communication At Work
What do you find are common roadblocks to effective communication at work? I believe we can all agree that communication is the key to any successful endeavor where more than one person is involved. That being said, we tend to be poor communicators (hence the popular psychological terms that use dy…
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What are the best practices for onboarding a new CFO without putting the company at risk?
What is the most secure and logical way to onboard a new CFO? Since we're hiring someone from outside the company to fill this role, we have mild concerns about giving the new CFO immediate access to all of our bank accounts and financial information. Are we nuts to worry? Are there best practices …
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Terminating someone who can no longer perform the job due to declining health?
Employee has been with us for 8 years but has developed health problems which makes it difficult to hold a full-time job. The performance of her department has gone from making a profit of $100K in 2014 to a $125K loss so far this year.We have tried to accommodate by setting up a home office for h…
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Does the $99 training offering include continuing education credit for CPAs?
I've enjoyed your website and a few of your free webinars. I've gotten more practical knowledge out of them than some of my CPE courses. However, I'm required to get a certain number of continuing education credits. Do these classes qualify for continuing education credit for CPAs?
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Looming Change in OT eligibility for FTE's.
There is a huge change to OT eligibility coming at the beginning of 2016 and I wonder how/if anyone is planning for this. While this could be similar to the 1099 reporting requirements that "were going into effect" for several years running until the government gave up and dropped them altogether -…
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what are the benefits of getting certification through Proformative acadamy
Could any of you please help me to understand the benefits of doing courses and getting certificates will help in career advancement. Thanks BK
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Employee Engagement Activities, Ideas & Tips
What are the best programs to get employees involved and engaged at/with work? Or is it even reasonable to expect engagement type programs really work? We have various departments with different work responsibilities/levels/shift requirements (some are in a call center and can’t leave their desks r…
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Dealing with Difficult Employees
In an article titled "5 Steps to Deal with Difficult Employees" by Dr. David G. Javtich for Entrepeneur Magazine http://www.entrepreneur.com/article/201950 he describes not only the "difficult employee" but ways to deal with them. His 5 steps are: 1. Don't ignore the problem. 2. Intervene as soon a…
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Pay for performance front line staff
Would you structure a bonus plan for all staff using performance measures only certain clinicians can impact?
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Should I include my current position on my resume?
I've been at my current company for just over 4 weeks and am actively looking for something new. I left my last position for greener pastures (more responsibility, more money, shorter commute). Without going into details, everyone (including my previous supervisor) have suggested I get out. I'm …
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Corporate Finance Job Titles: What do they actually mean?
There are several corporate finance job titles. Among them are CFO, Treasurer, VP of Finance, Director of Finance, Director of Accounting, Director of Financial Reporting, Corporate Controller, Controller, Divisional Controller, and this doesn’t even include their assistants. There are tax director…
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CPA and CFA combination worth it?
Hello everyone, I just recently graduated from the University of California, Irvine with a double major in Business Economics and Sociology with a GPA greater than 3.5. I am currently trying to find a career in investment banking and was wondering if I could get some (or any) advice if it's worth p…
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Any creative ideas out there for motivating employees to submit their time sheets on time?
We bill out clients based on actual hours incurred and when time sheets lapse we can't invoice or record the appropriate income. Recently switched systems and having a very difficult time with employees grasping the new, easier system and submitting their time sheets in a timely manner.
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How many direct and indirect reports do you have?
I've seen time and time again the number of people you have managed being a metric used in the hiring process. I haven't quite figured out how that makes you a better supervisor/manager, but who said the hiring process is logical and realistic. So how many people do you have as direct reports and h…
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Vacation-PTO Accrual Policy Change
I would love to get thoughts from anyone on pros/cons of changing from a vacation policy where an accrual is required to a vacation or PTO policy in which the company can eliminate the balance sheet accrual. My understanding of GAAP (simplification of 710-10-25-1) is that the accrual is no longer …
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How hard is the CPA exam?
Have you taken any part of the CPA exam? How hard did you find the exams to be? How many times did you have to retake it? I had just graduated from college with an undergrad in Accounting. I decided against finishing school to get the 150 hours needed to sit for the CPA exam in Tennessee. I decided…
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How should I answer "have you ever been fired or asked to resign?"
I know some are going to say "you have to answer honestly." I understand that point of view. It sounds like a great answer if it's not your problem. What if the honest answer to "have you ever been fired or asked to resign" virtually guarantees that I won't be hired? What if the detail as to why, …
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COO or CFO? Which path to take?
I have recently had two opportunities come my way and, frankly, I'm a bit stuck. One is a CFO role at a software company (~25 people, in revenue and growing, looks interesting) and the other is a COO position at a tech hardware company (~80 people, nearly breakeven, also looks interesting). I have …
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Should CPA working in private industry maintain Active status?
Hey all, I'm a CPA, former auditor, now working in the private sector as a Controller. How important is it for me to keep my CPA status as "active"? I've been "inactive" now for about two years, but part of me would like to maintain that active status even though I don't have a real need for it. …
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CPA vs CMA For Job Hunting
I will get my MBA in December and I want to apply for CPA certificate , I am very confused whether CMA vs CPA is better. I don't have any public accounting experience. and I am very worried about finding a job. can someone please help me choose one? also I am currently in Iowa but I don't want to s…
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In today's environment, who should the CFO report to? The CEO or the Board?
Most of the problems we have seen with company failures in recent times is the fact that a CFO didn't make good decisions, most of the time because of the leverage the CEO had over them. I believe the CFO should report directly to the Board of Directors, so that their job can't be threatened by th…
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What are the top certifications to be CFO?
Hey, guys I just finished my MBA-Finance degree and I've been working for one month as a Financial Analyst. I don't have work experience and I'm aiming to be the next CFO at my company. what are the top certifications to be at the top of my career. Someone told me about the ACCA, CFA,. but I also …