August 2018 Article Archives - Page 2

Deterring and Detecting Fraud at a Time of Heightened Risk

Published February 8, 2021

Fraud experts expect the next few years to be a time of heightened risk as the damaging economic effects of the coronavirus pandemic create pressure and motive that can lead to wrongdoing. A new analysis by the Anti-Fraud Collaboration provides insight on the most common types of financial statement fraud that were discovered in an analysis of SEC enforcement actions related to accounting and auditing issues from 2014 through ...

Read More  

5 Strategies to Smoothly Handle a Workplace Confrontation

Published February 5, 2021

The act of confronting someone can be awkward and stressful. Here are a few strategies to skillfully approach the encounter. Some situations at work urgently require a confrontation. Maybe it’s a gripe you have with your coworker, your boss, your neighbor, or even your spouse. But instead of confronting the problem, you ignore it. You rationalize away having the conversation by saying, “it’s not that big of a deal,”or ...

Read More  

How to Manage Performance Evaluations in the Work-From-Home Era

Published February 4, 2021

A performance review, done well, applauds excellent work, delivers beneficial feedback and inspires a feeling of forward momentum. It’s not easy to pull off in the best of times, and as work-from-home drags on, the task can feel even more challenging. Inspiring employees to remain engaged and productive is a growing issue. The number of chief executives who cited employee performance as a top concern shot up to 56 percent in ...

Read More  

Art of Accounting: Top 10 All-Time Leadership and Management Books

Published February 2, 2021

"The One Minute Manager" by Ken Blanchard and Spencer Johnson "Murphy’s Law" by Arthur Bloch "How to Win Friends and Influence People" by Dale Carnegie "First Things First" by Stephen R. Covey, A. Roger Merrill, and Rebecca R. Merrill "The Essential Drucker" by Peter F. Drucker "The Way to Wealth" by Benjamin Franklin "Think and Grow Rich" by Napoleon Hill "Parkinson’s Law" by C. Northcote Parkinson "The Peter Principle" by ...

Read More  
Revenue Planning During COVID-19 and Beyond

Revenue Planning During COVID-19 and Beyond

Published January 25, 2021

Originally Published in The Cooperative Accountant, Winter 2020 Issue Introduction The pandemic has brought overall economic slowdown and changes in social patterns resulting from impacts due to the SARSCoV-2 virus (COVID-19). This is making it more difficult for electric cooperatives to project future revenue patterns, and challenging to forecast future financial outcomes. This article discusses trends in revenue forecasting for the electric ...

Read More