Best Practices Article Archives - Page 2

Avoid These 8 PowerPoint Mistakes

Published February 11, 2022

Several years ago, Tom Hall, CPA, looked forward to attending a PowerPoint presentation about blockchain's potential impact on accounting. Unfortunately, the slides were so jumbled and overloaded that he didn't learn much. "The person next to me said, 'I think I know less about blockchain now than I did when we started.' I agreed," said Hall, an associate professor of the practice at the University of Denver's School of Accountancy. "When ...

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5 Ways to Improve Vendor Communications in a Supply Chain Crisis

Published January 21, 2022

As the people who supply your company with the goods and services it needs to operate, vendors deserve respect. Depending on your specific role, they may even be your best friends, able to help you out of challenging situations — a fact that's come to light during the global pandemic and subsequent supply chain disruptions. Some of the inventory outages, incorrect orders, missed shipping dates, general misunderstandings, and other chaos ...

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5 Tips for Becoming a More Effective Leader for a Virtual Workforce

Published January 17, 2022

Whether you're a fan of remote work or not, leadership skills for virtual teams are increasingly becoming essential for managers everywhere. According to Gallup, 76% of remote workers say their employer will allow people to work remotely going forward, at least partly. And while there is a fair amount of overlap between effective in-person and virtual leadership, there are some key differences to consider. "Virtual leadership provides a unique ...

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5 Steps to Prevent Fraud

Published November 29, 2021

While no one wants to believe fraud is occurring at their organization or nonprofit, unfortunately, it can and does happen. Typically, fraud is a crime of opportunity, which means that putting preventative fraud measures in place can help you reduce fraud before it starts.  Here are five steps you can put in place no matter what size your organization is to decrease your risk of fraud. Remember, when you have formal reporting mechanisms in ...

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How to Survive a Ransomware Attack

Published November 17, 2021

The biggest question that arises in the wake of a ransomware attack is whether to pay the ransom, and the answer is by no means easy.   What should a company do when cyber criminals attack its systems and demand a ransom? Unfortunately, the increase in ransomware incidents forces a growing number of businesses to answer that question.  How organizations handle the minutes, hours, and days following a ransomware attack ...

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