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New Lease Accounting Rules

The Financial Accounting Standards Board has issued new rules related to accounting for leases. The rules take effect for public companies beginning 12/15/18 but will require some consistency in reporting so firms are changing to account for their leases in the new manner in 2017.  For non-public companies, the rules take effect 12/15/19.…

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Posted in Business Best Practices, CFO Services

Is your CRM working for you?

A good Customer Relationship Management system is a powerful tool. I recently attended a networking event with a friend who was almost constantly on her tablet.  At first I thought she wasn’t an attentive listener but then she began sharing information with the other attendees.  Someone ask for a lead in a firm or industry, my friend checked her firm’s CRM system and quickly provided solid information in answer to the request. …

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Posted in Business Best Practices

Apprenticeships

In today’s tightening work environment, apprenticeships can be an excellent way for employers to develop trained staff and to evaluate them prior to making an offer of regular employment.

Apprenticeships fit well in work environments where additional skills training will be required and the job applicants pool is falling behind the demand.…

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Posted in Business Best Practices

Internships – do they need to be paid?

As the first day of summer approaches and schools are getting out for summer break, many students are looking for work. Some estimates place over a million Americans a year in an internship role.  The University of Cincinnati believe so strongly in the value of on the job training that nearly every area of study incorporates an internship.…

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Posted in Business Best Practices, CFO Services, Other

Work in Retirement and Retirement Readiness

I read two sequential articles today on these topics. The first addressed how many people are choosing to work in retirement while the second emphasized how few Americans feel they will have sufficient financial resources to retire.

Emily Brandon, the senior editor for Retirement at the U.S. News and author of “Pensionless – The ten-step solution for a stress-free retirement,”[1] wrote laid out seven reasons to work in retirement.  …

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Posted in Business Best Practices, CFO Services, Other
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