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Footnote Magazine

November 2010: Leadership

Member notes
Updates from our members, including promotions, new hires, speaking engagements and firm news.

Member Notes
Promotions, new hires and member news

Traits of good leaders
Jim Eichten explores what it means to be a good leader. Eichten describes successful leaders and people who communicate goals, are very good at encouraging those around them and always learning.

MNCPA supports ethical Minnesota businesses
The Minnesota Business Ethics Award (MBEA) honors and recognizes Minnesota businesses that reach for the high ground of ethical conduct. The MNCPA joined as a sponsor of the award in 2009. Get involved this year by either nominating a business for the 2011 awards, volunteering to be a nominee liason or by attending the 2011 MBEA Awards luncheon on May 18, 2011.

The case of the CPA in a world of hurt (Hertz)
Question: Is Lord Howitt Hertz in a world of ethical hurt?

MNCPA honors members for public service
MNCPA members John Edson and Carolee Lindsey were awarded the MNCPA's 2010 Public Service Award.

Turning the economy around through financial literacy
MNCPA members look to educate todays's youth as well as our U.S. Armed Forces.

Don't lose your best employees -- re-recruit them
According to a recent Robert Half survey, four out of 10 professionals said the recession has made them more inclined to look for new job opportunities ouside of their organization. Here are some signs that your star players maybe looking for jobs: a noticeable change in attitude, longer lunch breaks and frequent absences, missed deadlines and increased errors, more professional attire and a drop in productivity. Learn how you can re-recruit your best employees.

Writing off a bad investment
With year-end tax planning under way, it is time to review 2010 and 2011 tax strategies with clients. The uncertainty of 2011 tax rates is a particular challenge this year. Should a bad investment be written off this year, or next year when tax rates and related tax savings might be higher?

Interactions with the DOR: What you should know
CPAs play an important role in advising taxpayers and clients on tax policies, many are administered by the Minnesota Department of Revenue (DOR). We asked Ward Einess, the DOR Commissioner, the following questions with the intent to help make your interactions with DOR staffa more effective use of your time.

Changing your name? Let the BOA know.
From personal to professional, changing your last name can trigger a series of necessary updates not to be missed. This includes notifying the Minnesota Board of Accountancy (BOA) of your new surname.

Ethics and excellence: a practical approach
The accounting profession established an ethical framework designed to prevent a wide range of missteps, mishaps and misbehavior. Of course, ethics goes beyond avoiding mistakes or constraining misdeeds. It is the understanding of a shared morality: what makes right actions right and wrong actions wrong. It off ers us guidance about doing better.

Five secrets of a high-performance workplace
An indepth look at five secrets that can help your workplace become more productive and efficient.

Rock Solid: an interview with Cold Spring Granite's
An in-depth interview with Cold Spring Granite's Greg Flint. Learn why Greg compares Cold Spring Granite's executive team to a basketball team and why it works.