NSAC Happenings and Latest News - Page 47
Leadership Styles for the Workplace
What determines the success or failure of a company often comes down to the effectiveness of its leadership. Yet every leader leverages their own leadership style to try to achieve the best results. Review the list below to see some of the most common types of leadership, and learn how you can apply each of the following leadership styles in management at work. Authoritative leadership. Coaching leadership. Collaborative ...
Read More2020 Depreciation Limits for Cars and Trucks Are Issued
The IRS issued the limitations on depreciation deductions for passenger automobiles first placed in service in 2020 and the amounts of income inclusion for lessees of passenger automobiles first leased during 2020 (Rev. Proc. 2020-37). For these purposes, passenger automobiles include trucks and vans. The amounts in the revenue procedure are inflation-adjusted as required by Sec. 280F(d)(7), using the automobile component of the chained consumer ...
Read MoreThe 5 C's of Leadership During COVID-19
Many organizations plan for a potential crisis, but most didn’t predict a pandemic. Yet, even in difficult times, we can often find silver linings. Perhaps it’s the things we learn about ourselves or others, different ways of doing things, or gaining new perspectives. The challenge for leaders is to find those silver linings, celebrate them, and use them as inspiration. Recently, at CLA, we reflected on what lessons we have learned ...
Read More5 Tips for Running a Successful Remote Close
Even before the outbreak of COVID-19, CFOs and finance leaders faced an increasingly complex landscape, driven by a multitude of social, political and economic threats. Few could have been prepared for the impact of a global pandemic that has changed the very nature of business as usual. Today, with the majority of their workforce operating remotely, many forward-thinking finance teams across the world have or are preparing to push the button ...
Read MoreWhat's In Your Firm's Social Media Policy?
Social media is one of the most powerful and easy ways to market your firm, and it is the rare accounting firm that doesn’t have some sort of social media presence. But with great power comes great responsibility, and it is time for firms to either create, or update, their social media policies. We all like to think that everyone who works for our firms is knowledgeable about what is, and is not, appropriate to share publicly. We also ...
Read More