McGladrey cuts the cord with H&R Block

This could be the official end of “the alternative practice form” era.

Here’s the complete news release:

McGladrey & Pullen announces decision to terminate agreement with H&R Block

Chicago (July 21, 2009)-McGladrey & Pullen LLP today issued formal notice of its intent to terminate its administrative services agreement with H&R Block (NYSE:  HRB).  While McGladrey & Pullen’s audit practice is an independent, partner-owned firm, related professional services have been offered through RSM McGladrey under an agreement with H&R Block since 1999. READ MORE →

Study Shows CPA Firms Have Yet to Leverage, Book Benefits of CRM

Unlike other professional services firms, more than 86 percent of CPA firms have yet to integrate a Customer Relationship Management (CRM) program into their organization.

Moreover, less than 3 percent were using CRM solutions that were recently categorized as leaders in the CRM market by Gartner in April 2009. In fact, the third most popular “solution” being used was Microsoft Outlook.

The survey is getting some interest from experts. READ MORE →

Mike Mares hospitalized

Michael E. Mares, CPA/ABV, J.D.

Mares

Mike Mares, CPA/ABV J.D., of Witt Mares CPAs, Newport News, Va., and long a leader of the profession has been hospitalized with an inoperable brain tumor.

He is most widely known for expertise in taxation. But friends and colleagues know him, as well, as a model of integrity, character and intelligence. Personally, I’m grateful to him for his generosity and patience in answering even my lamest questions.

Updates are being posted at http://www.caringbridge.org/visit/mikemares.

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Mergis Group: Accounting and Finance Confidence Rebounds

Confidence Index jumps 5.7 points to 48.0.


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Why You Can’t Trust Your Career to Your Boss

What accountants need to know about performance reviews.
Next question: How’s your job? Join the survey; see the results.

by Rick Telberg

If you’re waiting for your next performance appraisal to see how you’re doing, it’s already too late.

It’s too late because if you don’t know, you’re already behind the curve. It’s too late because if you need to ask, your boss probably doesn’t want to tell you. And if your boss doesn’t want to tell you, then you probably won’t like what you hear. It’s too late because if your company or firm isn’t keeping you apprised, then it’s probably a company or firm that’s falling behind
the competition.

According to the Society for Human Resource Management, 90 percent of HR professionals say their companies under-utilize or misuse performance appraisals. So if the annual performance review process at your accounting firm or finance department feels like a waste of time you’re probably right. But that doesn’t relieve you of the responsibility to know how you’re doing. It just it makes it more difficult.

How hard are CPAs working today?

Join the survey. Get the results.

(Free. Confidential)

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CPAs Worry about Nation’s Economy

But they’re a little more hopeful about their own firms and families.

CPA Trendlines survey for AICPA

As shown by the bright red areas, CPAs are most concerned about the outlook for the nation, their industry and their region.

We’ve been asking, “What’s your best advice?” Here some of the comments we’ve been getting: READ MORE →

Is Your Company Headed for a Flameout?

The five steps to failure and three warning signs CPAs cannot ignore. How are CPAs handling the new economic realities? Join the survey; get the answers.

by Rick Telberg
At Large

http://roncasalotti.files.wordpress.com/2009/05/jim-collins-5-23.jpg

Collins

If there were only three financial metrics you needed to look at, what would they be?

Revenues? Profits? Growth? Market share? ROI?

Maybe, but none are as predictive of a good company headed for flameout than the three that bestselling author Jim Collins has found for CPAs and finance managers.

In “How the Mighty Fall,” best-selling author Jim Collins revisits several companies that went from good to great to the brink of failure. The lessons for CPAs and finance managers are stark and simple.

How are CPAs handling the new economic reality?

Sound off here: Join the survey; get the results.

(Free. Confidential.)

READ MORE →