How to Eliminate Tax Season Stress

February 20th, 2012

Does thinking about the upcoming tax season make you a regular investment holder in Tums? If it does, you can help your plight by investing in highly-skilled personnel to alleviate the inevitable burden tax season brings, instead of investing in antacids.

You can eliminate tax season burdens by hiring highly trained and knowledgeable professionals on contract or full-time. Most likely your staff is working at its full potential already—and during tax season, above and beyond. This is a recipe for costly mistakes, which can be avoided by hiring additional temporary personnel such as:

  • Tax Accountants.  A highly skilled and experienced tax accountant can provide services that your existing personnel may not be able to. Tax accountants specialize in tax advice, tax liability, and tax returns. They double as advisors on tax efficient business decisions.
  • Sales Accountants. These are accountants that specialize in establishing an accurate picture of your businesses sales revenue, while verifying and recording revenue from different sources, like billing customers, and maintaining customer records.
  • Tax Analysts. Tax Analysts provide an essential set of business services. They are trained in highly specialized areas like interpreting and complying with state, local, international tax statutes, regulations, and legislation.
  • Tax Preparers. Tax preparers can assist with a host of tax duties that tend to hit all at once. They can assist your staff with tax returns, reviewing financial records such as income statements, and documentation of expenditures to determine forms needed to prepare tax returns. Tax preparers assist with complex tasks like consulting tax law handbooks for preparation of atypical returns. They act as auditors and check data input and verify totals on forms to detect any errors as well.
  • Payroll Tax Analysts. These professionals are trained to help you with all payroll-related compliance, and accounting functions. A payroll tax analyst ensures that your business is in compliance with federal, state, and local payroll regulations. They research and recommend best practices to optimize payroll tax processes.
  • Corporate Tax Accountants. Corporations are complex. You may need a tax accountant who is trained to prepare complex tax returns, and filings for property and sales tax, sales and use tax, premium and self-procurement tax, federal excise or property tax. Corporate Tax Accountants are trained to do all of these.

Hiring specially trained professionals during tax season is something that everyone from small business owners to owners of corporations does on a regular basis. This extra staffing during tax season will help to eliminate stress that comes before, during and after tax time. Best of all, you can invest more of your money into your business rather than in Tums.

If you’re searching for additional support during tax season, The A&F Group can help.  Just call us today at (302) 504-9870!

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5 Tips for Handling Stress During Busy Times

February 17th, 2012

Chances are, you’re already tensing up, thinking about the busy season: Incredibly long work weeks. Colds, headaches, dizziness, weight swings, stomach pains… the list of ailments can grow as you get less sleep. And drinking too much coffee to stay alert during the day means you might need to take medication or drink alcohol to get to sleep at night. The result? Feelings of irritation and anxiety.

It’s no wonder so many accountants burn out after the stress of tax season. What can you to do avoid becoming one of them?

1. Take the Time NOW to Get Organized

Having a disorganized workspace will only add to your stress. Especially in the accounting business, piles of papers and files quickly get out of control, spilling all over the floor and teetering on the edges of crowded desks. And what happens when a client calls and you can’t find their information easily?

Before the busy season ramps up, prepare for the onslaught of work. Arrange your files, clean out your Inbox and set aside an area for projects that can wait until the season is over. And once work starts coming in, spend a couple minutes at the end of every day to tidy up your office. You’ll feel empowered and well-prepared for the next day.

2. Start or Revise an Exercise Program

If you don’t already exercise regularly, start now. Even a 20-minute daily walk will help prepare your body for the upcoming onslaught. If you already work out, make sure you don’t slack off because you don’t have the time. Just cut back. If it takes too much time to go to the gym, do light exercise at work. Take the stairs to the office, power walk around the parking lot or do squats at your desk. Whatever revs up your circulation and helps your heart pump in a healthy way.

3. Eat Right.

Eat three meals a day, along with healthy snacks. Don’t skip breakfast or work through lunch no matter how busy you are. You’ll get fatigued or starved and end up filling the void with junk food. Instead, keep healthy snacks like fruit, nuts, yogurt, or hard-boiled eggs on hand. But don’t use food to relieve your stress. Try stretching, deep breathing, or a little exercise instead.

4. Give Yourself a Break.

In the past, you may have found yourself working 10-14 hours a day during busy season, which is not unusual. But you’re only asking for more stress, the more hours you work. Schedule in some breaks for yourself: decide in advance each day what time you’re going to leave the office, and stick to it. On a regular basis – at least one day a week – put aside all thoughts of taxes, numbers, and difficult clients and treat yourself. Go to a movie, enjoy a massage or plan an evening out with friends.

5. Remember You’re in Charge.

Tell your clients that you can’t work miracles and give them deadlines. They need to know up front that they MUST hand in their materials by a particular date or you’ll be filing for an extension on their behalf. End of story. Don’t let a client’s procrastination put you into a panic on April 14th.

At The A&F Group, we know the ups and downs of the accounting world. If you’re looking for more tips to alleviate on-the-job stress, please give us a call today and we’ll be happy to share.

 

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Online Training Resources for Accountants

February 14th, 2012

According to US Department of Labor statistics, employment opportunities for accountants and auditors are expected to increase by 18 percent between the years 2006 and 2016. This trend is faster than the average for any other occupation. It’s a great time to be in the industry, and an even better time to keep your skills sharp.

If you don’t have the time to fit a real-time class into your busy schedule, here are some websites that offer career training, advancement within your current job, or skill acquisition. Some even offer CEU credit.

  • ExpertRating.com: ExpertRating’s online accounting course offers a unique opportunity to achieve certification from one of the leaders in online skill testing and certification.
  • CPA-Resource.com: CPA Resource is a training and development website for CPA professionals. They provide unique up-to-date CPA training opportunities through audio conferences, seminars, webinars and articles.
  • AICPALearning.org: As the national, professional association for CPAs, the AICPA offers on-site, off-site or online training programs.
  • CPEOnline.com: The Center for Professional Education Inc. is America’s leader in providing the up-to-the-minute, highly specialized continuing education programs that CPAs and financial professionals need to earn CPE Credits and become more successful in today’s rapidly changing world.
  • DWMBeancounter.com: As the cartoons may indicate, while this site is all business, it’s a little less serious and a lot more fun. Bean Counter is primarily an educational and information site that offers free accounting and bookkeeping tutorials/courses, tests, and quizzes.

Ready to take the next step?

Here at The A&F Group, we help talented accounting and finance professionals find challenging career opportunities with top businesses across the country. When you’re trained and ready to take the next step in your career, search our available accounting and finance jobs!

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How to Keep Your Top Talent from Being Poached

January 25th, 2012

The start of a new year can bring along with it a lot of change.  As your competitors begin to roll out their strategic initiatives for the New Year, you may find that your top employees are being propositioned with new and exciting job opportunities.

So, what can you do to keep your competitors from poaching your top accounting and finance talent?  Here are a few tips:

  • Identify your top talent.
    This might sound like common sense, but most companies neglect this simple step.  If you can identify a core group of individuals that are top performers, you can then work on a plan to keep them.
  • Learn what’s important.
    Once you’ve identified your top performers, take the time to find out what they value.  We tend to assume all employees value money the most, but that may not be the case.  Many people value growth opportunity, training, schedule flexibility, etc. more than money.  Use one-to-one reviews or surveys to discover what’s really important to your employees.
  • Value your team.
    If your team feels undervalued, they will leave.  Show your team that you care, reward hard work, celebrate achievements, and make sure your teams understands they are a valuable part of the company and essential to continued success.
  • Understand there is no one-size-fits-all solution.
    One of the most important things to consider is that there is no magic bullet when it comes to employee retention.  Different employees will value different things.  What’s important is that you take the time to determine what your team does value, and create an environment in which they can thrive.

Are you currently battling issues with turnover?

Whether you’re losing veteran staff to competitors, or new hires simply aren’t working out, The A&F Group can help.  We offer a variety of testing and assessment tools to ensure new hires are a great skill and personality fit.  And, we can provide temporary support to ensure your full-time staff isn’t stressed and over worked during busy times.  Contact us today!

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Hot Accounting and Finance Skills and Jobs for 2012

January 19th, 2012

The job market for accounting and finance professionals in 2012 looks encouraging.  While there are a wealth of opportunities available, there is still a lot of competition. Monster.com recently released their 2012 outlook for accounting and finance professionals.  Here is a summary of what they found:

Hottest Jobs in 2012:

  • Financial Analysts
    Financial analysts study company financial statements and analyze commodity prices, sales, costs, expenses, and tax rates to determine a company’s value by projecting its future earnings. They often meet with company officials to gain a better insight into the firms’ prospects and management.  For 2012, Financial analysts who combine strategic vision with cost-monitoring and presentation skills will have the best job outlook.
  • Business Analysts
    Business analysts investigate business systems, identify options for improving systems and bridging the needs of the business with the use of IT.  Analysts with experience with ERP and financial accounting systems have the brightest job outlook in 2012.
  • Compliance Professionals
    Compliance professionals help ensure the company meets its legal, regulatory and financial obligations.  Those who have worked under the Basel credit standards and are familiar with the Dodd-Frank banking legislation are expected to be in the highest demand in 2012.
  • Senior Public Accountant
    Public accounting is set to make a rebound in 2012, specifically in the areas of forensic accounting, financial planning and taxes, as well as accountants with advanced degrees.
  • Legal Professionals
    In the wake of the financial crisis, legal professionals that can assist banks and other financial institutions in lawsuits filed by consumers and regulators will be in high demand.

Searching for a new opportunity in one of these fields or somewhere else?

At The A&F Group, we help professionals find outstanding accounting and finance jobs throughout the country.  Whether you’re looking for a position in one of these high-growth areas or your expertise is in another field, we can help.  Search our available accounting and finance jobs now.

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Developing Growth and Training Plans for Your Accounting & Finance Department

January 16th, 2012

Talent is the key to any competitive advantage.  Well-trained employees, that are motivated and continue to grow, are what drives industry leaders.

Numerous studies show that the most successful and productive employees are those that have received extensive training.  Yet, most companies don’t have formal training programs—instead they expect employees to jump right in and produce great results with little or no training.

While making the right hires can drastically reduce learning curves, training of both new and veteran staff is essential to continued growth.

Here are a few tips to help you strengthen your company’s growth and training programs:

  1. Training isn’t an expense, it’s an investment.
    Many companies see training as an expense—and when budgets are tight, it’s one of the first things to go.  However, companies that look at training as an investment reap long-term rewards.
  2. Set priorities.
    In a perfect world, there would be no cost limit on training.  We all know that’s not the case.  So when setting your training “investment budget,” decide where you’ll get the biggest returns.  Ask the question, “How will this training impact the profitability of our team, department, company, etc.?”
  3. Promote a culture of lifetime learners.
    If your team is continuing to learn new skills and improve themselves, your company will prosper.  Encourage employees to join industry associations, attend networking events, read journals, etc.  Make sure you provide the resources they need to grow.
  4. Start small and test.
    Before rolling out a huge new training program, test it on a pilot group.  Choose a few individuals that are a good representation of the larger group and test your training regimen.  Evaluate what works and what doesn’t and then adjust your plans.
  5. Don’t stop.
    Training isn’t a one-time event.  The best training programs are ongoing and never stop.  The day you stop trying to improve yourself is the day your competition gains a step.

At The A&F Group, we work with some of the most respected and influential accounting and finance companies in the world.  Please give us a call today and we will be happy to share some of the best training programs and strategies we’ve seen over the years.

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Advancing Your Accounting and Finance Career in 2012

January 13th, 2012

Setting Your Personal Growth Plan for 2012

The start of a new year is always an exciting time.  It’s out with the old, in with the new.  It’s a time for setting new goals and resolutions.

Here’s the thing though—most people drop their New Year’s resolutions by Valentine’s Day!  Want proof?  Just look at your local gym.  The first week of January is packed, you can’t find an empty treadmill.  As the month progresses, there are less and less people there.  Come March, you have the pick of any machine in the place without a wait.

So how can you be sure you don’t fall into the same trap?

Here are a few tips for setting personal goals, and following through:

  1. Work towards something you are passionate about.
    If you’re not passionate about your goal, you are bound to give up.  When setting goals, pick something that is of deep interest to you—not something that just kind of sounds good.
  2. Write down your goal(s).
    You’ll have a better chance of sticking to your goal if it’s written and documented somewhere (not just in your head).  Write it down and post it on your refrigerator or somewhere else that you’ll see each and every day.

  3. Write your goals in a positive light.
    Look at what you want to achieve, not what you want to leave behind.  Instead of “giving up junk food,” a more positive goal would be “eat healthier and consume more veggies.”
  4. Set reasonable goals.
    You may want to become the Vice President of Finance by March.  But is that realistic?  If it is, then go for it!  But if it’s not, set more reasonable and achievable goals.  You can even break down your goals into smaller milestones that lead you in the right direction to the VP’s corner suite!
  5. Self evaluate and adjust your actions.
    Every month take some time to reflect on your actions.  Ask yourself if you’re doing the things you really need to do in order to meet your goals.  If you are, continue what you’re doing.  If you’re not, set a plan and adjust your actions so that you are working towards your goals.

We hope you find these tips helpful!  And, if finding a new job is one of your goals for 2012, we can help!  As one of the leading accounting and finance employment and recruiting firms, The A&F Group offers outstanding job opportunities.

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Setting Realistic New Year’s Resolutions

December 27th, 2011

As we prepare to bid farewell to 2011 and ring in 2012, it’s time to start thinking about New Year’s resolutions. Did you make any resolutions for 2011?

How’d they turn out?
Let’s face it. Each year many people make resolutions with the best of intentions, but sometimes life just gets in the way. Don’t let your New Year’s resolutions fall by the wayside. Whether you’re looking to be more organized, lose weight or find a new job, here are five tips to help you stick to your goals:

1. Don’t go overboard. Choose one or two resolutions, but don’t go crazy trying to overhaul your life. If you overwhelm yourself with a list of resolutions, you are far less likely to stick to them. Instead, identify the one or two changes that will both have the greatest impact, and also be the most achievable.

2. Be specific. Earlier in this post, we cited common examples of resolutions: lose weight, be more organized, find a new job. Those are common resolutions, but they’re not necessarily the best or most successful. How do you gauge whether you’ve achieved a goal like “lose weight?” Instead, set a clearly defined goal, and add an end date if it helps you to pinpoint even more accurately.

3. Make small changes. Sometimes a full-blown overhaul can seem like a good idea, but it is much more difficult to adhere to once the holiday haze wears off. Make small changes instead, and you’ll find them easier to acclimate into your daily grind.

4. Set milestones. Once you’ve started with those small changes, set milestones to help you reach the big goals, the “way out there” resolutions that inspired you to proclaim them in the first place. Once you’ve set milestones, those small changes can quickly snowball into major changes in your life.

5. Use your support system. Share your resolution with as many people as you can: family, friends and coworkers especially. They can be your cheerleaders (or your babysitters, depending on how you look at it!), helping you stay focused and on the path toward achieving your goals.

Reach your goals in 2012 with The A&F Group!
The entire A&F Group team wishes you a happy and healthy new year. And if you’re looking to reach new career heights in the upcoming year, contact us today. Together, we can help you achieve your goals.

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Holiday Greetings from The A&F Group

December 21st, 2011

During the holidays, many choose to celebrate with their family and friends. We’d like to take this opportunity to share with our valued clients, colleagues and candidates the warmest of holiday greetings.

If you’re looking for ways to leverage your accounting and finance talent, or if you’re searching for your next great career opportunity, contact The A&F Group. We’re proud to help you reach your goals.

From all of us and ours, season’s greetings to you and yours.

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Accounting and Finance Career Outlook for 2012

December 16th, 2011

As 2011 comes to a close, one of your New Year’s resolutions may involve your accounting and finance career. Considering changing employers? Seeking fresh career challenges?

Now may be the right time for you to advance your career.
The U.S. Bureau of Labor Statistics reviews many occupations and hiring trends to determine their hiring outlook. In their most recent study, they made some of the following observations:

  • The BLS included the accounting profession in its top 10 largest job growth categories (with an increase of nearly 22% within their defined period).
  • Job growth in the accounting sector will be seen due to an increase in the number of businesses, changing financial laws and corporate governance regulations, and increased accountability for protecting an organization’s stakeholders.
  • An increased need for accountants and auditors will be driven by a greater emphasis on accountability, transparency and controls in financial reporting.

But how can you stand out?
The BLS identified some key differentiators for those candidates who are most likely to find new employment opportunities:

  • The best job opportunities will likely be available to accountants and auditors who have professional certification, especially CPAs.
  • Applicants with a master’s degree in accounting or business administration, with a concentration in accounting, also may have an advantage.

Jump start your career – now.
Take advantage of job growth and get a head start on your career search in 2012 with these three tips:

1. Leverage social media. If your LinkedIn, Twitter and Facebook profiles aren’t completed, get online and update your details. Then, be sure you’re engaging peers and potential employers in LinkedIn Groups, through tweets, and otherwise communicating on the sites.

2. Spruce up your resume. Take the opportunity to do an annual revision on your resume. Are there any notable accomplishments from 2011 that you’d like to include? Can you see any opportunity to tighten up the language, or make any improvements?

3. Partner with an employment firm. When you enlist the services of an employment firm, you’ll gain an experienced ally who knows how to market your specific skills and experience to potential employers. They can help you find the right opportunities to propel your career forward.

Get a jump on 2012.
Search our available accounting and finance jobs to take the next step with The A&F Group.

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