Friday, January 8, 2016

The Technology Gender Gap

Should you ever want to accurately gauge the chronological chasm between Millennials and most of those in the Baby Boomer generation and prior, you probably need only to have a discussion on technology.

Now in full disclosure, no one has ever accused me of being a tech nerd – in fact compared to my daughters, I’m probably a level or two above using an abacus or, giving me the benefit of the doubt – an adding machine. But I’m fairly competent in most of the basic functions and having covered the profession for the past 15 years or so, at least am cognizant of many of the current trends in technology.

But case in point.

Tuesday, January 5, 2016

Time to Reflect Before the 1040s Come!

Welcome back.

I’m sure for many of us, 2016 has ushered in an unwanted weight gain physically and an equally unwanted weight loss in the wallet.

Present company included.

For the next two weeks I am banning all selfies on Facebook and will try to instill the value of omelet or tuna fish dinners to my family.

I look at it this way at least I was not one of those gullible idiots who shelled out $400 per person for a table at the Olive Garden in Times Square. And no, that’s not a misprint.

The land of the unlimited salad and breadsticks was actually charging that obscene amount for the privilege of being partitioned from 1 million other people sardined within a five-block radius to watch the New Year’s ball drop.

Rumor has it some of those who purchased those overpriced Olive Garden ducats put their tickets online for resale at $1,000 per pop!

Apparently Olive Garden wasn’t alone in their price gouging. Applebee’s and Ruby Tuesday units in the area charged between $300-$400 as well. I always say, there’s a reason they make 50-inch flat screen TVs – so you can watch an event in the comfort of your own home.

But I digress.

Friday, December 18, 2015

Ending 2015 Not With a Bang but a Survey

I recently completed my last trip of the year and had the rare privilege of flying two separate airlines to and back from Las Vegas and experiencing neither schedule nor mechanical problems with either carrier.

Naturally, upon my return, my email inbox contained customer survey requests from both as well as one from my hotel. As a rule, my average is 50-50 with regard to completing them – whether they’re for airlines or other service related businesses such as lodging and restaurants. But in this instance I decided to burn the 15 minutes or so required to complete all three and do my civic duty. I gave all three mostly high marks and even singled out an outstanding front desk employee who went out of his way to ensure I didn’t have to wait for a room.

But back to the airlines.

Tuesday, December 15, 2015

Where’s a Typewriter When You Need One?

With regard to all things technology, I’m sort of like the Washington Generals; you know the hapless basketball team and perennial losers to the Harlem Globetrotters? With regard to tech malfunctions, I’m a summa cum laude graduate of the Woody Allen school of repair – I speak nicely and try to reason with it for at least a minute.

After that I start to hit.

So, it was about a mile past ironic that last week when attending the AICPA’s Digital CPA – one of the year’s most prestigious tech gatherings and where inexplicably, the organizers asked me to present, that I should suffer a humiliating software glitch that apparently even our IT consultant performed a terrific impression of the Washington Generals in their inability to solve it.

Tuesday, December 8, 2015

Is Your Firm Ready for a Sale?

With one daughter out of college and another a year away from graduating, my wife and I have made the decision to put our house on the market within the next two years.

Where we are going to live after that is the subject of a rather wide disagreement between us – she’s looking to eventually settle in the Mid-Atlantic region, while I have my sights squarely on the Sunshine State. But that’s fodder for a future discussion.

But first things first.

Topping that relocation agenda is a number of home improvement projects that I have inexcusably procrastinated on. I won’t bore you with the details, But once completed, I’ll expect that our home will be in fighting shape so to speak and ready for the (hopefully) highest bidder.

I imagine the same logic applies to a CPA firm that is near a transition. As long as the ship was sailing in the right direction both cosmetic and infrastructure improvements were no doubt pushed at or near the bottom of a “to-do” list. But now that potential suitors are lining up, owners and equity partners are no doubt paying a lot closer attention to what needs to be done to present their firms in the most complimentary light.

Friday, December 4, 2015

Please Don’t Say It!

 “Let’s try and think out of the box.”

How many of you have been subject to this torturous phrase since you began your respective careers? I can only speak for myself that if I had a dollar each time some higher up uttered this shopworn axiom, I’d be living either in Palm Beach or Beverly Hills and not working.  

Trust me, that’s not an exaggeration.

“That being said…”

Another line that ushers in regular dyspepsia during boardroom meetings.

Although more often heard throughout the C-suites in corporate America I’m sure the leaders at CPA firms are hardly immune to dispensing the all-too-frequent workplace catchphrases – you know the ones that prompt the rank and file to roll their eyes or engage in that creative game known as “boardroom bull…t bingo!”

Tuesday, December 1, 2015

The Myth of Living Together

Welcome back.

Here’s hoping you and your families had an enjoyable holiday.

As it turns out, my birthday falls on the week of Thanksgiving and this year, I received a Fitbit as a gift. You know that gadget that monitors, and chronicles your exercise activity? Considering the tractor trailer of food consumed at Chez Carlino over the long weekend, I’m wondering if someone was trying to tell me something.

I’ll let you know the next time I try on my suit pants.

But I digress.

Today’s missive focuses on tearing down a myth, that to my dismay I’m encountering more often. The best way I can explain it, is it’s the CPA version of a couple living together prior to marriage.