Research into recruitment experiences has underlined the potential damage caused to brands by negative processes. These might include failure to provide feedback and to acknowledge receipt of the application. To read the full article in Personnel Today, click: Poor Recruitment Processes Can Damage Brands.
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Buyouts engineered by optimistic CEOs and pessimistic CFOs have the best odds of success. As the U.S.-China trade war drags on, sirens are going off on sales, earnings, and growth forecasts around the world. But one aspect of corporate activity is bucking the gloom: mergers and acquisitions (M&As). Global appetite for M&As is at a 10-year peak, fueled by years of sustained economic growth and low cost of debt. To read the full article in Instead Knowledge, click: The Best CEO-CFO Team for M&As.
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CPA firms are turning to nonaccounting graduates in increasing numbers, a new AICPA survey reveals. Nonaccounting graduates constituted 31% of all new graduate hires in public accounting in 2018, an increase of 11 percentage points over 2016, according to the 2019 Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits. To read the full article in Journal of Accountancy, click: Report Finds Shift in Accounting Firm Hiring.
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Getting rid of meetings is the false solution, since they are forums for organizational democracy, knowledge sharing, decision-making, and communication. Thus, recent business books and scientific studies have focused on improving meetings and increasing meeting ROI through evidence-based practices. To read the full article in Financial Management, click: Improve Your Meetings: The Attendee List.
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The law known as the Tax Cuts and Jobs Act of 2017 (TCJA) made many significant changes to the international tax regime. One important change is Sec. 250, which was enacted by Section 14202(a) of the TCJA, and generally provides a domestic C corporation (1) a deduction for its foreign-derived intangible income (FDII) for the tax year, and (2) a deduction for its Sec. 951A global intangible low-taxed income (GILTI) inclusion for the tax year. To read the full article in The Tax Advisor, click: Foreign-Derived Intangible Income Guidance Addresses Many Open Questions.
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Just as cluttered stacks of paper can become overwhelming in the workplace, so can an overflowing e-mail inbox or a computer desktop littered with electronic files. “From a productivity standpoint, a cluttered desktop and files equals a cluttered mind.” To read the full article in Journal of Accountancy, click: Six Tips for Decluttering Your Digital Workspace.
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The assurance partner responsible for the development of blockchain services at Aprio LLP shares her insights into how the technology works and how to succeed with it. To read the full article in Journal of Accountancy, click: What I’ve Learned Building a BlockChain Business.
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Most professionals know people who talk too much, are disorganized, or are always late to meetings, or whose communication style is downright annoying. In short, these people often waste others’ time as they muddle through their work life armed with bothersome bad habits. What this signals is a lack of respect for other people’s time. To read the full article in Financial Management, click: Are You Wasting People’s Time?
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How much are you worth? Or rather, is the answer to that question equal to the sum paid into your bank account by your employer? If not then you need to ask for more, and that means you have to negotiate with the person who pays your wages. It is something that puts the frighteners on a lot of people. It shouldn’t. To read the full article in BBC News, click: The Do’s and Don’ts of Getting a Pay Raise.
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These days, most of us understand that when we visit a website, download an app, or post on social media, we are sharing data about ourselves with companies. We also understand that the consequences of such sharing will only become more profound as we live more of our lives online. So it is perhaps unsurprising that companies are facing new pressures to protect our digital privacy. To read the full article in Kellog Insight, click: We are at a Data Privacy Crossroads. Where Do We Go From Here?
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In 2014, sixth-grader Lilli Hicks was diagnosed with acute myeloid leukemia, setting into motion a rush of tests, treatments and prescriptions that would consume her family’s life for the next several years. Nearly five years later, while the family’s eldest daughter has recovered physically, the Hicks’ are fighting a protracted battle to restore their financial health. Treating cancer and the unexpected costs that come with it put the family about $75,000 in debt. To read the full article in Financial Planning, click: Fighting Cancer’s Financial Aftershocks.
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Life never follows a straight path, and neither will your career. Whether your goal is to advance from your cubicle into the corner office, strike out on your own, or move into a different profession altogether, it pays to map out a strategy for how to get there. To read the full article in Journal of Accountancy, click: Strategic Career Mapping Can Lead to Professional Fulfillment.
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When we see CEOs, founders, influencers and other people highlighted in our daily scrolls on our devices, the individuals almost always look polished. They are poised and confident, and they most surely achieve inbox zero at the end of every day. Yet what is rarely captured is the less photogenic stuff—the steady grind, the setbacks and sacrifices—that come on the way to success. To read the full article in Ideas.Ted.Com, click: What I Wish I’d Known when I Started My Career.
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Planning their daily routine in retirement could be less complicated than most clients think, writes a Wall Street Journal columnist. In fact, most of what they will do as retirees are found in their current daily chores. “[T]he average day in retirement involves a fair amount of puttering,” which “typically doesn’t cost a lot of money,” the columnist writes. It is good news for clients who are worried about burning through their savings. To read the full article in Financial Planning, click: Daily Life in Retirement is Loss Costly than Clients Think.
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When you know a high-stress event is coming up, it is natural to stress yourself out before it even happens. This common pattern is called “meta-stress,” and it occurs when you worry about stress in advance. And while tense situations are bound to happen in our personal and professional lives, there are ways to alleviate those uneasy feelings beforehand, and save yourself from the buildup of anxious thoughts that can take a toll on your well-being. To read the full article in Thrive Global, click: How to Prepare for Stress Before It Happens.
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From investing in and advising dozens of marketplace businesses for more than a decade, we have found that while simple five-star systems are good enough at identifying and weeding out very low-quality products or suppliers, they do a poor job of separating good from great products or suppliers. This may not be a big issue for marketplaces offering commodity products and services, but it can be a serious problem for marketplaces where it is important to allow truly great providers to differentiate themselves clearly. To read the full article in Harvard Business Review, click: The Problems with Five-Star Rating Systems…
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Health care in the U.S. is a mess. Real health care reform is nowhere on the horizon. Not exactly breaking news for the general population. But for advisors it is a clear and present call to arms. Until Washington wakes up, educating clients to become knowledgeable health insurance consumers will help them save on health care expenses and add value to your practice. Here is a primer on what they need to know—and how you can help them. To read the full article in Financial Planning, click: Helping Clients through the Healthcare Maze.
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It is a familiar scenario. As a manager, you have tasked an employee with a large project and given them a generous allocation of time to get it done. Yet, while they appear to be busy, they are not making any progress as their deadline looms. When it comes down to the wire, they spring into action, find their focus, and get the job done, often just in the nick of time. To read the full article in Financial Management, click: Helping Procrastinators Stay on Track.
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While affordability remained a top hurdle for homebuyers in recent years, tales of accelerated home price appreciation wane. Property values are steadying and even declining in major cities, and the housing market heads for what is considered “normalcy” for the first time in two decades, according to Zillow. To read the full article in National Mortgage News, click: 12 Housing Markets where Home Buyers Get the Most Bang for their Buck.
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David was extremely gratified when he was named businessman of the year. He felt he deserved the recognition. Many articles had portrayed him as an entrepreneur who had reframed his industry, which gave him the courage to make his boldest move yet: taking over his largest competitor. Some analysts had said that he paid far too much for the company. Then bankers became nervous and soon reporters joined in. To read the full article in Insead Knowledge, click: The Icarus Syndrome: Execs Who Fly Too Close to the Sun.