Question of the day

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By Administrator / February 13, 2021

25. Is accounting behind the times?

Yes. I started my accounting career over 20 years ago in audit and tax, at the time, accountants starting at...

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By Administrator / October 17, 2019

24. What do you learn from failure?

A smart person learns a lot from failure, the alternative is bad.  There is no point in blaming others when...

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By Administrator / September 25, 2018

23. What accounting software should I learn?

None. There is a concept that I learned in graduate school that provided a lot of insight into how information...

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By Administrator / September 5, 2018

22. How can you be a practical accountant?

The number of articles on short and long-term thinking is painful.  For me, individually you need to have a vision...

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By Administrator / August 30, 2018

21. How is leadership changing in a company?

The role of the CEO has evolved dramatically over the years.  Once upon a time, if there was a problem...

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By Administrator / August 27, 2018

20. Why I left public accounting?

I was lucky when I entered the profession, it was the last year whereas a 4-year accounting degree meant that...

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By Administrator / August 27, 2018

19. Billable Time – Is it difficult to bill 8 hours a day?

Yes and yes.  I always struggled with this and keeping my attention can be difficult.  I primarily work for myself...

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By Administrator / August 24, 2018

18. Leases – How does the accounting work or doesn’t it work?

Depending on your age you may remember Enron, the company that was masterful at hiding significant off-balance sheet liabilities.  Bad...

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By Administrator / August 21, 2018

17. Excel – How important is it?

I think it is very important, however, its significance is decreasing each day.  I have always enjoyed a good spreadsheet. ...

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By Administrator / August 20, 2018

16. Payroll – Do I need to learn this?

Yes. It has been my experience that employees that are the worst at math can do payroll calculations.  It is...

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