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Partners Corner

Partners Corner is a collection of articles, news items, and intel of particular value to accounting firm partners and decision makers. Want to know what’s happening in the accounting industry without the excess of bathroom humor and naughty words Going Concern is notorious for? This is your spot. Think of it like eavesdropping on what your subordinates are saying and thinking. Need to get some ideas for retaining staff don’t include pizza parties? Check here. Please contact Going Concern editors with suggestions of articles you’d like to see if it’s something we haven’t covered yet.

business iq north carolina masters accounting

Five Ways That Accounting Knowledge Will Instantly Upgrade Your Business IQ

Business leaders who understand key accounting principles understand how money through their organizations, which, in turn, helps them make smarter decisions. Ever walked out of a meeting, or read a memo from the executive suite, and said to yourself “Why did they decide that?” Ever had an idea that you thought was great unceremoniously shot […]

work/life balance

Are All Accounting Firms That Claim to Have Work/Life Balance Lying?

“Our firm provides great work/life balance.” How many times have you read that in a job description and thought, “Riiiiiiight”? Don’t worry, you’re not a cynical curmudgeon. Everyone thinks this. And that’s because EVERY firm says it in their job postings. To most accounting firms, “Work/life balance” equates to a casual Friday once a month. […]

month-end close floqast

Here’s How Thrive Market Woke Up From Its Month-end Close Nightmare

Imagine a month-end close process in which the close checklist, reconciliation schedules, and general ledger are in three different places, making it a nightmare for management to know what’s ready for review, if mistakes had been made, and what deadlines had been missed. Sounds dreadful, doesn’t it? But that scenario used to be a reality […]

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Hard Questions on Client Service

The following sponsored content is by Joey Havens, the executive partner of Horne, LLP, an Accountingfly Firm Partner. Do you ever wonder what people outside your circle observe when they look at you? As a profession, if we really stepped back and reflected on our client service approach, what might we see about ourselves? One […]

HORNE

Leadership and Future-ready Accounting Firms: A Conversation with Joey Havens of Horne, LLP

The following conversation is sponsored by Horne, an Accountingfly Firm Partner. Earlier this year, we spoke with Joey Havens, the managing partner of Horne, LLP about complacency in the accounting profession. Since then, Joey Havens has written about the accounting profession’s leadership and planning for the future. Or lack thereof. He’s here again to talk […]

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The Future of Remote Accounting Work with Bruce Phillips of HPC

Remote accounting work opportunities are rapidly increasing. And it’s a topic we are asked about almost every day. Where are the remote accounting opportunities? How do I know if a remote accounting job is right for me? What does the future landscape of remote accounting work look like? How do I build a remote firm? We […]

For Once, the Month-End Close Drives You to Drink for Fun

Please enjoy this sponsored content from FloQast. Join us on Thursday, May 18th from 6 to 8 p.m. for a happy hour panel discussion at the Stack Overflow office in New York City, where attendees can gain insight into best practices for managing the month-end close process. The panel will include accounting and finance executives […]

Are You Choosing to Be a Future Ready Firm?

The following is sponsored content by Joey Havens, the executive partner of Horne, LLP, an Accountingfly Firm Partner. Is your firm future ready? Let’s define future ready as the capacity to be aware, predictive and adaptive of emerging trends, innovations and changes in business, population and the social environment. It is beyond agile due to […]

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Is There Anything Worse Than Busy Season? Yes, Performance Reviews

Please enjoy this sponsored content from Beech Valley Solutions. You can read more their partnership with Accountingfly here. Cancer, terrorists, undigested corn – all significantly worse than busy season. But what about within the confines of public accounting? Is there anything worse than busy season? Yes, and it’s formal professional feedback. A late 2015 survey […]

leadership

The Accounting Profession’s Leadership Story Must Change

The following is sponsored content by Joey Havens, the executive partner of Horne, LLP, an Accountingfly Firm Partner. The world needs more leaders and the leadership gap is real. If we continue to believe as we have always believed, then we will continue to have narratives and stories like we always have. And, if we […]

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Considering an MBA? 3 Key Questions to Ask Yourself

Please enjoy this sponsored content from Beech Valley Solutions. I’ve never been water-boarded (I keep begging my wife…), but I’m guessing it’s a lot like busy season. I’d say just about anything to make it stop…like, “maybe I should get my MBA?”. Should you? Maybe (probably not). It truly depends on a series of questions […]

Deepen Your Relationships, Enhance Your Success

This sponsored content is brought to you by The Siegfried Group. You hear it everywhere, all the time: To be successful, you need to have a solid network of connections. You hear it so often and emphasized so frequently, you might find yourself wondering, “Is this just something people say? How can I develop connections […]

Fighting Complacency in Accounting: A Conversation with Joey Havens, Managing Partner of Horne, LLP

The following conversation is sponsored by Horne, an Accountingfly Firm Partner. Last month, Horne Managing Partner Joey Havens wrote a post on how the “trusted advisor” cliche has led to complacency in the public accounting. He joins us again for a conversation to talk more about  complacency in the accounting profession and the future of […]

trusted advisor

Two Words Helping Breed Complacency in Public Accounting: Trusted Advisor

The following is sponsored content by Joey Havens, the executive partner of Horne, LLP, an Accountingfly Firm Partner. The term “trusted advisor” is so overused and embellished in public accounting—to the extent that this term now breeds complacency. In this post, we’ll explore this complacency, what our clients need and what service from a real […]

accounting salaries

How to Make More Money in Accounting

This is sponsored content brought to you by Benedictine University. Almost everyone wants to make more money and why not? A bigger paycheck helps with a lot of things — paying off student loans, saving for a down payment on a major purchase, funding a new venture, travel. If you’re a partner at a firm […]

Sponsored: The Evolving Accounting Education: A Conversation with University of Scranton Professor Doug Boyle

This is sponsored content brought to you by The University of Scranton. Today we welcome Dr. Douglas Boyle, Chairperson and Associate Professor of the University of Scranton Accounting Department. He has over 25 years experience in leadership, finance, operations, corporate governance and business turnarounds while serving in executive positions for a variety of startup, mid-market […]

Sponsored: Guidelines for Taking an Active Role in Your Performance Management

This is sponsored content brought to you by Armanino, an Accountingfly Firm Partner. For better or worse, career progression in public accounting is tied to performance reviews. Employees tend to see these reviews as a once-a-year report card, rather than an ongoing process, and this is a mistake. By taking an active role in your […]

Sponsored: Why a Bank VP Got Her Master of Accounting Degree (And Why You Should, Too)

Please enjoy this sponsored content from The University of North Carolina's Kenan-Flagler Business School, an Accountingfly University Partner. To move her career to the next level, Bank of North Carolina’s Vice President of Balance Sheet Strategy returned to school, adding new skills and credentials to her resume.  Are you ready for the next big step […]

At Armanino, Pursuing a Niche Results in More Than Just Making Partner

This is sponsored content brought to you by Armanino, an Accountingfly Firm Partner. In January 2016, Jason Gilbert became a partner at California-based Armanino LLP, 10 years after walking in the door as a 24-year-old staff accountant.  His rise took the usual hard work and talent, but he clinched the partnership spot by getting creative―and […]

Sponsored: Armanino LLP: A Silicon Valley Startup Dressed Up as a CPA Firm

Please enjoy this sponsored content featuring Armanino, an Accountingfly Firm Partner. If you’re not familiar with California-based accounting firm Armanino, it’s about time you got acquainted. You see, Armanino has quietly become one of the most innovative and respected firms in the US. And they’re pretty funny, too. In this year of the denim, no […]

Friday Footnotes: Narcissistic Students; Complext Trusts; Perfect Teams | 03.04.16

Always read the footnotes, capital market servants. Drop us links and tips over the weekend by hitting the button at the top of the page or emailing us directly. Follow us on Twitter, Facebook and Pinterest and subscribe to our daily newsletter. Submit questions, career conundrums and LAPD lab test results in Open Items. Narcissistic […]

Friday Footnotes: KPMG Belfast; PTIN Fees Lawsuit; Sleep Deprivation | 02.19.16

Always read the footnotes, capital market servants. Drop us links and tips over the weekend by hitting the button at the top of the page or emailing us directly. Follow us on Twitter, Facebook and Pinterest and subscribe to our daily newsletter. Submit questions, career conundrums and statements to the Pope in Open Items. KPMG […]

Friday Footnotes: Ikea’s Taxes; CPA Exam Prayers; Where’s That K-1? | 02.12.16

Always read the footnotes, capital market servants. Drop us links and tips over the weekend by hitting the button at the top of the page or emailing us directly. Follow us on Twitter, Facebook and Pinterest (including a Valentine's Day board) and subscribe to our daily newsletter. Submit questions, career conundrums and busy season love […]

Friday Footnotes: CPA Firms Hiring in Charlotte; BS Leadership Lit; Trump Twitter Insults | 02.05.16

Always read the footnotes, capital market servants. Drop us links and tips over the weekend by hitting the button at the top of the page or emailing us directly. Follow us on Twitter, Facebook and Pinterest and subscribe to our daily newsletter. Submit questions, career conundrums and Super Bowl predictions in Open Items. Don't forget […]

Friday Footnotes: Sin Taxes; PwC and Blockchain; Brics and Ticks | 01.29.16

Always read the footnotes, capital market servants. Drop us links and tips over the weekend by hitting the button at the top of the page or emailing us directly. Follow us on Twitter, Facebook and Pinterest and subscribe to our daily newsletter. Submit questions, career conundrums and Iowa Caucus predictions in Open Items. Dave Camp […]

Friday Footnotes: Questions for the CFTC; Big 4 Partner to CFO; An Ode to Tax Season | 01.22.16

Always read the footnotes, capital market servants. Drop us links and tips over the weekend by hitting the button at the top of the page or emailing us directly. Follow us on Twitter, Facebook and Pinterest and subscribe to our daily newsletter. Submit questions, career conundrums and blizzard survival tips in Open Items. Senate committee […]

Friday Footnotes: Time to Invest in Handbags; IRS Wait Times; Lovers and Haters of Nickelback | 01.15.16

Wall Street’s Straight Man in Washington [Bloomberg, Earlier] What’s the better investment: The S&P 500, gold, or an Hermès Birkin bag? [Quartz] More mergers: Dixon Hughes Goodman gets Stegman & Co. Then there's this choice quote from the Midwikis & Granger PC merger with Wagner Eubank & Nichols: "Most of our folks are 50 years […]