Posts

Interviewer - Complete Controller

When hiring new employees, interviewing potential candidates is part of the hiring process. To find the best person for the job, the interviewer has to be effective. Many don’t think about the preparation of the interviewer and focus more on the person being interviewed. Though the interviewer may be asking the same questions to all the candidates, they have to be prepared for the varying answers. Here are some tips to become a better interviewer.Check out America's Best Bookkeepers

Be Prepared

Most people think that only the potential candidate must be prepared for the interview; however, it is equally essential the interviewer is prepared. Make sure you have effective questions and know about the interviewee’s employment history and qualifications beforehand. Also, have a copy of their resume, cover letter, and application for reference during the interview. Just as the candidate should know the company they are applying to before an interview, the interviewer should know something about the person interviewed.

Choose Questions Wisely

The interview questions should be designed specifically for the position you are hiring for and should include questions about skills, work history, and job knowledge. There should also be situational questions and other behavioral questions to determine how a potential employee will handle themselves in common workplace scenarios. Check out America's Best Bookkeepers

Keep the Interview Structured

An informal and unstructured interview can easily stray off subject and become a waste of time for both the interviewer and interviewee. Keep this structure and interview flow consistent with each candidate. The structure should be introductions, questions and answers, and opportunities for the candidate to ask questions they may have.

Actively Listen and Take Notes

Actively listening and taking notes will be crucial to the interview process. You, as an interviewer, will likely be interviewing several candidates. These notes and recall from actively listening will be vital to calling candidates for a second interview or making a final decision. If the interviewer is not the only person making the decision, these notes will be necessary for the other decision-maker(s) to read. Check out America's Best Bookkeepers

Know Your Biases

Every person has subconscious biases. As an interviewer, you must identify what yours are, so you won’t allow them to color your opinion of a potentially qualified candidate. Like a judge in a courtroom, an interviewer must not allow bias to make a decision that is unfair to the candidate or prevent the right person from being hired. Don’t beat yourself up if you are carrying biases, everyone does. But identifying them and minimizing or destroying them is important before interviewing anyone. Once you are aware of them you will naturally steer away from them.

Practice Interviewing

Just like any other skill, practice makes perfect. To become a better interviewer, conduct mock interviews with co-workers. Doing these practice interviews will not only help you become a better interviewer, but it will allow you to add or improve questions to make the interview as effective as possible. During the practice interview, proceed as though your practice candidate is the actual interviewee. This practice will help you be focused so even if the interview isn’t exactly as planned, you will control the flow and keep things on track.

Conclusion

Being an excellent interviewer is as important as being the right candidate for the job in an interview. If the person conducting the interview is unprepared or doesn’t ask the right questions, the process will not identify the best person for the job. Being prepared, choosing questions wisely, keeping it structured, listening actively, knowing your biases, and practicing the interview will ensure that everything goes smoothly.

Check out America's Best Bookkeepers About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. Check out America's Best Bookkeepers

Did you finish high school or are you going to graduate? Congratulations! You have taken a very important step to grow as a person and also as a future professional. However, if you want to improve yourself and have a better standard of living, there is still a way to go.

Studying at a university career is important for several reasons. First, because it gives you a wider picture of the world around you. In addition, studying at a university will teach you the sense of discipline and responsibility and will allow you to meet people from many fields. But, above all, having a degree and title will be the key to obtaining a better job, a salary that meets your expectations and, therefore, a better quality of life. Is it really worth going to college?

If you are still not so sure, explore the reasons why we strongly recommend studying at a university degree. Keep reading!

You will have more chances of finding a better job

Did you know that a person with a degree earns twice as much as one who only has a high school? (source: National Survey of Occupation and Employment 2015). Today more than ever, employers seek to hire people who have a university degree and this is even more important when deciding who will grow in a company.

If you aspire to have a good job, having a career is not just an “extra point” in your favor. To develop yourself in many professions, it is simply something indispensable.

You will feel surer of yourself

Having completed a career, acquired a theoretical base of knowledge, practiced to reinforce what has been learned in the classroom and formed a wide network of contacts (classmates, teachers and more) will allow you to gain confidence in yourself. Of course, you will project this security. Being a person prepared (and sure of yourself) will open many doors.

You will develop a broad and critical vision

The university aims to prepare you to face the challenges of “out there” successfully. You will know the beautiful part and also the most difficult aspects of the profession that you choose. You will face dilemmas very similar to those of the real world and you will have to make difficult decisions. In addition, you will meet countless people with similar ideas and different from yours, and acquire knowledge that will allow you to have a more critical view of the world around you. In summary: the university will broaden your horizon in ways you cannot imagine.

You will become an independent person

Studying at a university is not at all like studying in high school. In high school, teachers and your parents “run” you to attend classes and do homework. In college, you are solely responsible for your education. The teachers will be your counselors, but they will not be chasing you to get good grades. This is more positive than it sounds: you border on becoming an independent, responsible person, capable of making your own decisions. Not to mention that studying a career gives you more chances of finding a job , and therefore, having your own income.

It will prepare you to work as a team

Believe us: few attributes are as essential to succeed in the workplace as learning to work in a team. In some professions it is more important than in others, but in all of them you will have to work with other people to achieve the objectives. The university teaches you to be an independent person , but at the same time, collaborative. Team projects will be a very important part of your academic development.

Graduation will make you feel invincible

Few sensations are as satisfying as graduating from a university, getting on the podium and receiving your diploma. Without a doubt, obtaining a degree is one of the highest reasons of pride that you could give to your family, and it will always be one of the great achievements of your life. Just imagine the moment you receive your diploma and throw your cap into the sky you will feel able to overcome any other obstacle that gets in your way!

Now you know: studying at a university will prepare you to fulfill your dreams and professional goals. Do not doubt that investing in your education will be your best investment!


 

Check out America's Best Bookkeepers
About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing services to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks file, critical financial documents and back office tools in an efficient and secure environment. Complete Controller’s team of US based accounting professionals are certified QuickBooks™️ ProAdvisor’s providing bookkeeping, record storage, performance reporting and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay services. With flat rate service plans, Complete Controller is the most cost effective expert accounting solution for business, family office, trusts, and households of any size or complexity.
Tax Cuts and Jobs Act - Complete Controller

The General Opinion about the New Tax Cuts and Jobs Act

In growing economies and changing corporate dynamics, regulatory authorities need to introduce rules and laws in the business community’s broader interests. Perhaps no one would deny the fact that the rule of law embodies a just society. When people follow a code, they are successful in handling important business affairs, which leads them to achieve a notable growth in the business sector. One thing is obvious, and businesses would go to any extent to cut their taxes and expenses. One way to do that is by keeping an eye on changing policies and procedures set forth by the local or federal authorities. As far as employees’ rights are concerned, individual job acts provide them with a sense of security that keeps them going in the competitive corporate sector. Check out America's Best Bookkeepers

By following a specific code and abiding by changes in the laws regarding the Tax Cuts and Jobs Act, companies can breathe a sigh of relief because particular changes in tax cuts and jobs act provide publicly traded companies, employees, and stakeholders a sense of security. All stakeholders need to have a clear picture of the rules regarding the Tax Cuts and Jobs Act to ensure smooth business operations and accounting compliance.

Regulatory Guidance for Accounting Effects of the Tax Cuts and Jobs Act

Commission staff issued Staff Accounting Bulletin No. 118, which provided issuing guidance for public corporations or publicly traded companies, investment companies, auditors, accounting professionals, and others to help ensure timely public disclosures impacted by the tax cuts and jobs act. SAB No. 118 stated: “the Commission staff recognizes that the registrants are likely to face repercussions for which the accounting for certain income tax effects of the Act will be incomplete by the time financial statements are issued for the reporting period that includes December 22, 2017, the date of the Act’s enactment.” Check out America's Best Bookkeepers

Investors and other stakeholders contemplated whether or not investment companies or publicly traded companies rely on the guidance issued when dealing and calculating Net Asset Values (NAV). The division of investment management (DIM) gave a call to all registrants that they can rely on SAB no.118 for figuring out NAV and reporting measurement period adjustments for a brief period.

Moreover, SAB no. 118 also stated that relevant information must also be disclosed to the investors, venture capitalists, or stakeholders to know about the material impacts of the act to material provisions and the calculation of Net Asset Values (NAV) for which the accounting is incomplete. This indicates that the disclosure of the impacts must be publicly communicated to the registrants and investors through websites, press releases, or anywhere suitable in a reasonable manner.

A Major Change in the United States Tax Code

The Tax Cuts and Jobs Act is expected to witness a significant impact on the public corporation’s local and international tax consequences. With the introduction of SAB no. 118, the changes are predominantly the most significant overhaul of America’s federal tax code since 1986. Industry veterans believe that the changes might give rise to specific operational changes since the magnitude of changes in the act is vast.  They also think that it may give rise to constraints for entities when fulfilling requirements, as stated in the act. Check out America's Best Bookkeepers

What Veterans Have to Say about the Changes in the Tax Cuts and Job Act

Moreover, industry veterans believe that it may take a little while for investors, bookkeeping experts, auditors, and all stakeholders to comprehend and comply with the new guidance as the changes have long remained the same since 1986. Dealing with new compliances may take a while, but they shall be understood by stakeholders involved. The changes in the Tax Cuts and Jobs Act have indeed surprised registrants since they were mostly of the opinion that they may never change. For the stakeholders’ more substantial interests, the Tax Cuts and Job Acts are expected to keep public corporations on track. By following a specific code and abiding by changes in the laws, companies can expect to put themselves on the path to glory.

 

Check out America's Best Bookkeepers About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. Check out America's Best Bookkeepers