A few years ago, my Silicon Valley advisory firm was stuck in the annual cycle of time-consuming, backward-looking and mostly ineffective process of performance reviews. Employees were split over whether the feedback was useful, and the information we got out of the reviews didn’t come close to offsetting the amount of work that went into gathering and distributing them. We wanted a better sense of how our people were doing on the job. That way, we can provide them with the kind of helpful … [Read more...]
Getting Real on Revenue Recognition Implementations
Just what you need to put the new revenue recognition standard into action—RoseRyan's newly released 10-page paper on how to get it done! Written by one of RoseRyan’s Technical Accounting Group experts, it recaps the latest intelligence from the field. … [Read more...]
How to Use a General Ledger to Find (and Stop) Fraud
To identify whether an organization is vulnerable or has been a victim of fraudulent behavior, it’s critical to spot common warning signs of internal fraud schemes. The first step is knowing where to look. The Company’s General Ledger (GL) is a good place to start. It’s a book that can tell stories of fraud, manipulation and betrayal. Unfortunately, few know how to read the signs. While investigators, attorneys and auditors tend to analyze the reports generated from the GL and track and monitor … [Read more...]
FINACA Founding Member RoseRyan Earns Great Place to Work Designation
Finance and accounting consulting firm and FINACA member RoseRyan was recently named a Great Place to Work®. Based on extensive ratings in anonymous surveys with the firm’s workforce, the newest accolade for the award-winning firm distinguishes RoseRyan as a high-trust, high-performing organization. Says Kathy Ryan, RoseRyan’s CEO and founder, about the news, “This rigorous certification validates our culture, our team and our values, something we consciously focus on at RoseRyan.” The … [Read more...]
Five Tips for Creating Your Family Business Succession Plan
By Tony Boschetto, CPA, Director, Business Advisory Services, Accounting Management Solutions Family businesses are often considered the backbone of the American economy. Not only do they account for 50 percent of the US gross domestic product, they are also responsible for 60 percent of the nation’s employment and 78 percent of new jobs created. With so much at stake, it is troubling to read the results of a CNBC Poll that found that only 20 percent of family-owned … [Read more...]
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