Many CPAs view surviving the busy seasons and long days of the profession as a point of pride. But that doesn’t mean they shouldn’t strive for a better work-life balance -- especially since it is so beneficial to their firms in the long run. CPA Conversations sat down with Jeff Davidson, the motivational speaker and award-winning author behind Breathing Space Institute, to tell us why proper work-life balance is important for both firms and their employees.
When you first hear the term “lean accounting,” it wouldn’t be unusual to think it is primarily a cost-reduction tool. But this system of accounting offers more benefits than simply cost savings. It can result it much timelier reporting and streamlined, understandable data as well. In a preview of their fall 2017 Pennsylvania CPA Journal feature on the topic, RKL LLP’s Bob Pozesky and John Stoner took some time to give us the skinny on lean accounting.
CPAs working for, or with, financial institutions are well aware of regulations and the implementation challenges that often accompany them. Barbara Stofflet, inspections leader with the Public Company Accounting Oversight Board (PCAOB), briefly discusses what CPAs working in this area need to key in on. Those topics, and more, will be discussed at PICPA’s 2017 Financial Institutions Conference on Sept. 25.
Is every nonprofit program going to be a major revenue generator? No. But that doesn’t mean some of those programs don’t hold immense value for an organization. In a CPA Conversation related to his fall 2017 Pennsylvania CPA Journal Government/Not-for-Profit column, Michael Cade shares with us how you can estimate the value contribution of a program and what steps you should take (if any) when a program is found to have a negative monetary value.
Bob Kafafian, president and CEO of The Kafafian Group Inc., stops by to explain what the concept of using management information to make informed decisions really means for CPAs working in the financial institutions industry. He also discusses how measurement trends and statistics support these decisions. Listen in, and also note that Bob will speak in greater depth on this issue at PICPA’s 2017 Financial Institutions Conference on Sept. 25. Register to attend in person or via webcast at www.picpa.org/fic.
Lauren Zaccarelli, chair of the Pennsylvania Department of Revenue’s Board of Appeals, discusses changes to the appeal schedule and petition form. She also provides some best practices for CPAs when working with the board on behalf of clients or themselves.