Archive for the ‘Reading’ Category

Wednesday, August 9th, 2017

Summer Reading for Women in Accounting

“Careers are a jungle gym, not a ladder.” – Sheryl Sandberg

The dog days of summer have arrived. If you work in a CPA firm, male or female, I hope you have made it a point to do more reading this summer. If not, there is still time.

Here are some great books for females in the business world to read. I also recommend that male CPAs who are managing females make it a point to read some of these books. Try “Why Must There Be Dragons” first – it is enlightening and entertaining for both sexes. In this story, males are dogs and females are cats.

NJ Women Summit

  • The future belongs to those who believe in the beauty of their dreams.
  • Eleanor Roosevelt

Thursday, July 27th, 2017

My Favorite Agreements

“First we will be best, then we will be first.” – – Unknown

Yesterday, I wrote about employment agreements and partner agreements. Neither are my favorite, however, I do have some favorite agreements – The Four Agreements.

fouragreementsThe Four Agreements is a book by Don Miguel Ruiz. I read this book years ago and still do my best to follow the agreements. I believe that these four simple statements can make a difference in the culture of your CPA firm. I hope you read this book this summer!


BE IMPECCABLE WITH YOUR WORD

Speak with integrity. Say only what you mean. Avoid using the word to speak against yourself or to gossip about others. Use the power of your word in the direction of truth and love.

DON’T TAKE ANYTHING PERSONALLY

Nothing others do is because of you. What others say and do is a projection of their own reality, their own dream. When you are immune to the opinions and actions of others you won’t be the victim of needless suffering.

DON’T MAKE ASSUMPTIONS

Find the courage to ask questions and to express what you really want. Communicate with others as clearly as you can to avoid misunderstandings, sadness and drama. With just this one agreement, you can completely transform your life.

ALWAYS DO YOUR BEST

Your best is going to change from moment to moment; it will be different when you are healthy as opposed to sick. Under any circumstance, simply do your best and you will avoid self-judgment, self-abuse and regret.

  • There is nothing more likely to start disagreement among people or countries than an agreement.
  • E. B. White

Thursday, July 13th, 2017

Uncomfortable Things Will Often Make You More Successful

“Enjoy what is and not pine for what is not.” – W.E.B. Du Bois

I enjoyed a recent blog post by Meghan Keaney Anderson of Hubspot Marketing. She talks about the value of doing things that make you uncomfortable. I especially enjoyed her story about sociologist W.E.B. Du Bois writing a letter to his daughter when she was about to move to a new place and school.

“Don’t shrink from new experiences and custom. Take the cold bath bravely. Enter into the spirit of your big bed-room. Enjoy what is and not pine for what is not. Read some good, heavy, serious books just for discipline: Take yourself in hand and master yourself. Make yourself do unpleasant things, so as to gain the upper hand of your soul. Above all remember: your father loves you and believes in you and expects you to be a wonderful woman.”

Anderson offers 15 Uncomfortable Things That Will Make You More Successful. I have listed them below, but be sure to read about each one in the article.

  1. Learning to take a compliment
  2. Public speaking
  3. Working with data
  4. Waking up early
  5. Taking critical feedback
  6. Giving critical feedback
  7. Fighting through conflict
  8. Exercising
  9. Unplugging
  10. Networking and making small talk
  11. Admitting a mistake
  12. Getting in over your head
  13. Disagreeing with your boss
  14. Promoting yourself
  15. Admitting you don’t understand something
  • Move out of your comfort zone. You can only grow if you are willing to feel awkward and uncomfortable when you try something new.
  • Brian Tracy

Monday, July 10th, 2017

Big 4 and Blockchain & Bitcoin

“I had nothing to offer anybody except my own confusion.” – Jack Kerouac

Last week I read an interesting article via Nasdaq titled, Big 4 Accounting Firms Are Experimenting with Blockchain And Bitcoin.

My mission is to always keep you informed, as best I can, about happenings that have an impact on CPA firm management.

So today, I simply provide you a link to the article in hopes you will take the time to read it.

The more I read, the more it all seems to be sinking in. Hope the same applies to you.

Here’s more help on Bitcoin.

(Follow me on Twitter!)

  • Truth is ever to be found in simplicity, and not in the multiplicity and confusion of things.
  • Isaac Newton

Thursday, July 6th, 2017

No Email Day

“Effective teamwork begins and ends with communication.” – Mike Krzyzewski

An article via Fast Company caught my eye recently: My Entire Company Avoids Email For One Full Day Every Quarter.

When you email somebody at LaSalle Network, a recruiting and staffing agency, there’s a one in five chance you’ll get this auto-response: “It’s no-email day at LaSalle Network! Today we’re embracing live communication and collaboration. I’m here, just not in my inbox . . . call me! I want to hear from you!”

For the past three years, the company has set aside one day a quarter to abstain from emailing, forcing everyone on staff to get up from their desks and go talk to one another—or at least to pick up the phone. “It’s easy to hide in your inbox, especially when there’s a client issue,” CEO Tom Gimbel concedes. But he’s found that “live collaboration allows us to be more creative. When talking through an issue, we’re faster at coming up with possible solutions and generating new ideas.”

Why couldn’t an accounting firm do this? Here’s how to experiment – what have you got to lose!

Declare a “no email day” for an entire weekday. Everyone is off email from 8:00a to 5:00p except for two 20 minute breaks to identify any REAL emergencies.

Everyone powers down their email and sets a notification – like the one above.

You must talk to people in person or on the phone.

Assess if it cuts down on miscommunications and actually causes more face-to-face dialogue and communication.

Might be a fun experiment this summer and maybe you will make it a habit.

As the business founder, Tom Gimbel, notes, “It’s not perfect. We’ve had people who do get upset or don’t understand why we do it, but overall it’s helping build camaraderie among employees. And most of our clients and vendors have been really supportive.”

 

  • The kinds of errors that cause plane crashes are invariably errors of teamwork and communication.
  • Malcolm Gladwell

Tuesday, June 27th, 2017

Do What You Love

I am very lucky. I found a career that I simply love and it has evolved into a real purpose in life for me.

When I was younger, I knew many people who actually hated their job, yet they continued to work at the same place for many years. It always puzzled me. What a miserable way to spend your life!

I believe that the profession of public accounting would be an excellent choice for many young people just beginning their careers. Not every firm is alike, so I strongly warn young professionals, it may not be public accounting you dislike, it may just be the firm you are currently with.

If you are thinking about leaving your firm, please give another CPA firm a try before you leave public accounting altogether. My career growth has been a joy to me without a single boring minute. I have learned so much and, hopefully, have matured quite nicely. And, while I have been working in public accounting for decades, I still love it and enjoy the ways I can strive to help others succeed.

As Steve Jobs said:

You’ve got to find what you love. And that is as true for your work as it is for your lovers. Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do.” 

I love a recent post by Rebecca Tamsen of Self Development Secrets. It is titled, Do what you love. Find your purpose in life.

Here’s an excerpt:

When you don’t know what you’re passionate about and aren’t doing what you love, your life lacks a deeper meaning. There are several other reasons why you need to do what you love:

  1. You will know no stress
  2. Your productivity will increase
  3. You will remain motivated
  4. Your work will have a touch of passion
  5. You will push yourself to be more successful
  6. You will enjoy a gratifying life
  7. You will always be ready to face new challenges
  8. You will always be learning
  9. Procrastination won’t be your cup of tea
  10. You will be an efficient leader

I feel like all of these apply to me! Be sure to follow the link, above, and read about each of these points. Then find YOUR purpose and do what you LOVE.

  • Pleasure in the job puts perfection in the work.
  • Aristotle

Tuesday, June 20th, 2017

Download Your Tech Roadmap

“To embrace technology as a strategic enabler, firms need to shift their treatment of technology from cost to investment.” – Donny Shimamoto

You can now download a new free ebook from Sageworks. In the book, leading experts in technology, practice management, marketing and firm strategy share their real-world advice for preparing firms to navigate technology choices, determining which technologies are best suited for the challenges facing firms and ensuring the solutions work for a firm. The book also covers strategies to help firms increase their value through the reliance on technology.

I am simply delighted to be included among these amazing experts.

Tech Roadmap: Selecting the Ideal Solutions to Thrive in Business AdvisingINSIDE THIS EBOOK:

  • The Groundwork – What needs to happen at a firm before it begins vetting specific technology?
  • Addressing Challenges With Technology – What types of technologies should be considered?
  • Making Tech Work – How can firms ensure technology is adopted successfully?

READ ADVICE FROM INDUSTRY LEADERS

Need help navigating tech choices for your firm? See my advice in a new eBook from @sageworks http://web.sageworks.com/e/14602/2rVqSY7/7f42gj/692738269 

  • Anyone starting a firm today should be in the cloud. I tell every single sole practitioner startup, ‘YOU HAVE TO BE 100 PERCENT IN THE CLOUD. Your clients are going to want to be able to collaborate with you.
  • James C. Bourke, WithumSmith+Brown

Monday, May 29th, 2017

Remembrance – In Flanders Fields

poppyIn Flanders fields the poppies blow
Between the crosses, row on row,
That mark our place; and in the sky
The larks, still bravely singing, fly
Scarce heard amid the guns below.

We are the Dead. Short days ago
We lived, felt dawn, saw sunset glow,
Loved and were loved, and now we lie
In Flanders fields.

Take up our quarrel with the foe:
To you from failing hands we throw
The torch; be yours to hold it high.
If ye break faith with us who die
We shall not sleep, though poppies grow
In Flanders fields.

In my small Ohio town as I grew up, the ladies of the American Legion Auxiliary sold small paper, red poppies that we would buy and wear on our lapel, shirt, or jacket. Some mothers wore them on their aprons (back when moms wore aprons). It was a symbol of remembering the brave military members who died in service to our country. It is still a special memory for me. The tradition originated with the above poem.

Learn more about the author, the poem and the tradition here.

  • I must study politics and war that my sons may have liberty to study mathematics and philosophy.
  • Joh Adams

Thursday, May 18th, 2017

It’s Up To You

Sure, you want to be successful.

Sure, you want your firm to be successful.

It’s not magic. It’s called hard work.

Take this advice from Pharrell Williams, Grammy-winning singer, songwriter and producer:

“If you don’t do it for yourself, you can’t depend on others to do it for you.”

  • Happiness is not something ready-made. It comes from your own actions.
  • Dalai Lama

Thursday, May 11th, 2017

Are You Without A Sail?

SethGodinOccasionally, I read a blog post by Seth Godin that I feel I must share with all of you.

Here’s his recent post. Think about it and your firm.

Without a sail

A sailboat without a sail might float. 

For a long time, in fact.

But without a sail, it can’t go anywhere, can’t fulfill its function.

Floating is insufficient.

  • In the midst of movement and chaos, keep stillness inside of you.
  • Deepak Chopra