NSAC Happenings and Latest News - Page 43
How to Work with Someone You Can't Stand
You can pick your friends, but you can’t usually pick your coworkers. Chances are you’ll work with someone you don’t like during your career, and there may even be someone on your team right now that you can’t stand. While working remotely limits the amount of interactions you have to have with the person, it can also limit information and make the situation worse, says Carlos Valdes-Dapena, author of Virtual Teams:
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FASB Approve Accounting Update to Presentation and Disclosure by Not-For-Profit Entities for Contributed Nonfinancial Assets
Originally Published in The Cooperative Accountant, Winter 2020 Issue. On September 17, 2020, the Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) intended to improve transparency in the reporting of contributed nonfinancial assets, also known as gifts-in-kind, for not-for-profit organizations. Examples of contributed nonfinancial assets include fixed assets such as land, buildings, and equipment; the ...
Read MoreDeterring and Detecting Fraud at a Time of Heightened Risk
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 More5 Strategies to Smoothly Handle a Workplace Confrontation
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 MoreHow to Manage Performance Evaluations in the Work-From-Home Era
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 ...
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