Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header about About Home Profiles articles Tools forums inspirational quotes About facebook Twitter YouTube Blog

checks and balances Tagged Articles



Why Smart Companies Do Dumb Things
Not a day goes by when I don’t ask myself, “Why do smart companies do such dumb things?” We all know companies that cook the books and throw outrageous parties at one end of the spectrum to sell lousy products at the other. A sweeping answer is that companies are run by smart people, and smart people do dumb things as we’ve learned.
Debits and Credits in Accounting
In double entry accounting, we use two columns for each account and enter only positive numbers. Two accounts are always affected by each transaction, one must be a debit and the other must be a credit of equal amount. Sometimes more than two are affected when multiple entries are made against one credit/debit. This double entry accounting system provides a method of checks and balances. By adding up all of the debits and adding up all of the credits and comparing the two you can notice errors or correct many common types of bookkeeping mistakes.
Out with the old and in with the new…
Common Communication Strategies It has been my experience over the last 10 years most corporate intranets are modeled in the following fashion; new information comes into the intranet group and is then coded and released for general consumption. Before information is released to the internal network it will go through a variety of checks and balances, approvals and re-edits, before finally “landing on the desk” of the intranet team. It is then coded and released in priority order. This model relies exclusively on the intranet team to get messages and information out to employees. Does this sound familiar?
How and When to Use Exit Interviews
As we come off the “expansion” phase of business and commerce in this country and face serious “contraction” with layoffs in record numbers, will companies have the wherewithal and be organized enough to collect employee feedback as part of their broader exit strategies? It remains to be seen.
Have you read Forrest Breyfogle’s new book on Integrated Enterprise Excellence? Thoughts/comments?
Member Question: I recently read one of Forrest Breyfogle’s new books in his 4 book-volume series on the Integrated Enterprise Excellence (IEE) System; i.e., "The Integrated Enterprise Excellence System: An Enhanced, Unified Approach to Balanced Scorecards, Strategic Planning, and Business Improvement." The subtitle to this book describes what is covered in varying details in the other three volumes. My sense is that Breyfogle has pushed his (and our) thinking to the next level and addressed issues that many of us struggle with regarding Continuous Improvement efforts. His “Integrated Enterprise” thinking makes sense to me, what are your thoughts or feedback?
A Dichotomy of Perspectives: A Discussion on Forrest Breyfogle’s New Book on Integrated Enterprise Excellence
Recently, I had the opportunity to exchange ideas on the veracity of the various models that organizations rely upon as the framework for building a successful enterprise. What prompted this open and productive exchange of ideas was a question that was recently posed regarding the merits of Forrest Breyfogle’s latest book on Integrated Enterprise Excellence (or for those of you that have a penchant for acronyms, IEE). In the following paragraphs I will share a few of the more meaningful discussion streams starting with the original question.

Technology Innovations at Grameen Foundation USA
How will easy, affordable and reliable access for a person in a remote village be provided? When will this person have the ability to make a simple one-minute call, send a complaint to the local government, or make a loan payment without undo cost or travel difficulty? The microfinance industry is answering these questions with technological innovations.

Other checks and balances Related Articles

Overview III: Economic Report on Africa 2007
Current account balances are driven by developments in the resource sector
2.1 Growth performance V: Economic Report on Africa 2007
Sustainability of macroeconomic balances remains a concern over the medium term
2.1 Growth performance VI: Economic Report on Africa 2007
External balances also driven by developments in the resource sector
Which Affiliate Programs Do I Personally Recommend
I personally receive over a dozen checks and commission payments every month from various affiliate programs that I promote. Last month, those checks totaled more than $10,000 and some months they have been as high as $25,000. Given my success as an affiliate marketer, I'm often asked what affiliate programs I personally recommend. The answer is easy because it's actually a pretty short list.
Out with the old and in with the new…
Common Communication Strategies It has been my experience over the last 10 years most corporate intranets are modeled in the following fashion; new information comes into the intranet group and is then coded and released for general consumption. Before information is released to the internal network it will go through a variety of checks and balances, approvals and re-edits, before finally “landing on the desk” of the intranet team. It is then coded and released in priority order. This model relies exclusively on the intranet team to get messages and information out to employees. Does this sound familiar?
Why Sales Managers Need to Make Regular Deposits in "The Trust Account"
In your bank account, you have an ATM card that only you have the PIN number to access the account funds. Every week, you make regular deposits and withdrawals into your account. Base salary deposits go in regularly through automatic deposit, while bonuses and commission checks go in periodically with expense checks and other deposits. You make cash withdrawals, debit card purchases, write checks, and make other payments. Unless you enjoy bouncing checks and incurring overdraft fees, you're careful to monitor your balances so you don't bounce checks and rack up those nasty overdraft fees. Even though you may have overdraft protection, you certainly don't want to pay 16.75% interest, so you're careful to make sure your deposits outweigh your withdrawals.

International Employment Background Checks
With the mobility of workers across international borders it is no longer adequate to conduct these checks just in the United States. This article summarizes international background checks for US employers.
How to Void a Check
It's a good idea to be cautious with your checks at all times, this includes voided checks. Maybe writing "void" on the front and back 25 times, shredding, then burning the confetti you just made and burying the ashes in the outback with only a small hand written map to find your way home isn't the most optimum way to go about disposing of them though. Voiding a check is necessary from time to time. By definition voiding a check is not the same as a "stop payment" on a check. Voided checks are often used when setting up a direct deposit for an employee or as proof of a bank account. Still properly knowing how to voice a check is important in business as getting it wrong will mean basically handing a blank check over someone else.

The Background Credit Check Under Fire: Fair or Not?
The use of background checks and specifically background credit checks has been under intensifying debate among national and state officials causing some to believe the use of credit checks should be more severely restricted or banned altogether.

Debits and Credits in Accounting
In double entry accounting, we use two columns for each account and enter only positive numbers. Two accounts are always affected by each transaction, one must be a debit and the other must be a credit of equal amount. Sometimes more than two are affected when multiple entries are made against one credit/debit. This double entry accounting system provides a method of checks and balances. By adding up all of the debits and adding up all of the credits and comparing the two you can notice errors or correct many common types of bookkeeping mistakes.
Featured Article

Bottom Footer



Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

Top 7 Tips to Real Estate Agents’ Success

Is the iPad useful? One CEO tells all ....

How to Conduct a B2B Marketing Content Audit
Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.