Category Archives: Government Accounting Standards

Last weekend, I had a lot of online shopping to do!

I started clicking away, filling up my shopping cart, hit checkout and…declined?

“What?” I thought to myself. I just got paid! So, in complete meltdown mode I logged into my bank account and at the top of the transaction list I spotted several pending charges, including one for $1,400 to walmart.com. My card number had been stolen and my bank account was compromised.

I always thought I did everything possible to prevent being subject of an account hack or identity theft situation. I had a six-letter password, shredded all my bills and never gave up personal information on the phone. Read more >

Things we know for certain: One, February is National Heart Month; and two, most of our clients do a lot of sitting at their desks; so it makes sense to take a break from our list of blog stories about technology, accounting, and government management and instead focus on the two things that will affect all our clients at some point—their hearts and health.

The baby boomer generation is the first generation of workers who will likely spend most of their day sitting. As we moved from an industrial era to a technological one, many laborious jobs were replaced by desk jobs, putting many workers in front of a typewriter, or computer for most of their working career. Read more >

If doing the right things is considered to be effectiveness, then doing things right is essentially being efficient. To be efficient at your job is different than being effective at your job. They do go hand in hand—efficiency can lead to effectiveness—but effectiveness alone cannot create efficiency.

Retaining a sustainable job means being able to perform both efficiently and effectively; an employee who is just one or neither is more expendable than an employee who is both. Because
high-efficiency workers are able to effectively complete tasks in the most efficient way possible, upping your efficiency factor to increase your overall effectiveness is a great place to put focus and become an invaluable team member. Read more >

Technology has changed everything, and the ability to telecommute is one of those.
In fact, telecommuting trend data collected by GlobalWorkplaceAnalytics.com shows:

• 50% of the US workforce has a job that is at least partially compatible with telework or telecommuting
• 20-25% of the workforce telecommutes at some frequency (2.8% work at least part-time from home)
• 80-90% of the workforce would like to telecommute at least part-time
• Fortune 1000 company employees are not at their desk 50-60% of the time
• The amount of regular, non-self-employed work-at-home employees has increased 140% since 2005

The growing trend for telecommuters and telework is not likely to decline anytime soon. Read more >

Has your EOY caused your prior-year encumbrances and expenditures to deplete your reserves, or were you in the black because those expenditures were WRTFY?

If all this budget and accounting talk has your head spinning, we’re going to lighten it up with some Happy New Year Vocabulary, courtesy of the United States Senate Committee on Appropriations.

So if you don’t know your program budget from your appropriations, give them a quick once-over with a New Year Review of Governmental Budget and Accounting Terms.

NEW YEAR DICTIONARY OF ACCOUNTING & BUDGET TERMS

H – Hourly (or Non-Exempt)
An employee who fills a temporary or short-term position. Read more >