Client work that goes beyond the original scope of the engagement – we’ve all done it.
Sometimes it’s work that the client can and should do. Sometimes the extra work results from sloppy records that need to be straightened out.
Whatever the reason, virtually every firm performs work that was not included in the original fee quotation
This past July, The Green Bay Packers installed a giant clock at the main entrance to Lambeau Field, where the Pack plays their home games. The new clock was deliberately set 15 minutes ahead of the correct time. Huh? Well, one of many infamous management tactics of legendary Packers’ coach Vince Lombardi was to expect…
MP Brian Mandell-Rice of Denver-based Hein & Associates (68th largest CPA firm on Accounting Today’s Top 100 list, with annual fees of $46M) openly admits to not being the author of his favorite strategic planning quote: “If nothing changes, nothing changes.”
Except for periodic economic downturns, most firms evolve through many growth stages over time. Firm size changes often trigger modifications of their management practices. The system for allocating partner income is a prime example. Here are several best practices for partner compensation that usually change as firms migrate from smaller to larger: Establish a link between a…
I’ve seen the following scenario unfold countless times: On the retreat agenda is a two hour block of time devoted to the creation of a paper entitled “What is a Partner?” Serving a dual purpose, the document will be used as a tool to evaluate the existing partners and circulated as part of its leadership development and mentoring efforts among the staff.
We ask people to volunteer what they think should be on the list…
Accounting Today released the 2011 Best Firms to Work For list in the December 2011 issue with some interesting findings.
Dissatisfaction with pay and benefits was cited across the board at the lowest-scoring firms. However top-ranked firms offered a variety of features that contributed to employee satisfaction – and not all of them were monetary….
What benefits are the highest-scoring firms offering?
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