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​In Pursuit of Profit

Read our expert article below or sign up to get articles sent to your inbox.​

8/19/2022

Comments

Can you Find Joy in your Work, or Should you Look for a New Job?

 
When is the last time you experienced joy in your work?

If you had to stop and think about your answer, it may be time to start thinking about making a change.

​In his 
commencement address at Stanford almost 20 years ago (you can watch the video at the end of this article) Steve Jobs said, 
Find Joy in Your Work
​Two colleagues high fiving in front of a tablet and laptop
Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do. If you haven’t found it yet, keep looking. Don’t settle. As with all matters of the heart, you’ll know when you find it.
​There is no doubt that our work is more satisfying and fulfilling when we are experiencing joy in what we are doing. Here are a few reminders about finding the joy in your work:

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8/3/2022

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How to Create an Accounting Policy and Procedures Manual

 
We often work with business owners who need written accounting policies to guide the preparation of their financial reports. Sometimes they need this information to provide it to key stakeholders externally because it is required by lenders, investors, or partners. 
Accounting policy and procedures manual
A notebook on a desk that reads "policies and procedures"
Other times they are more internally motivated, looking for ways to improve and standardize the handling of their financial data to facilitate growth.

​Either way, many businesses come to us looking for a set of generic standard accounting policies and procedures that they can just copy. We understand the rationale here. Why reinvent the wheel if you can just take what someone else is already using it and tweak it to fit your company’s needs? And in all honesty, there is nothing wrong with modifying an already existing manual if you know why your business needs formalized accounting policies. However, simply creating accounting policies based on someone else’s business practices without an understanding of why you are doing it and what kind of outcome you are looking for is not the right strategy.

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