Unlocking PMO Profitability
The potential benefits of a project management office (PMO) are numerous and well-documented. However, many of the benefits never materialize. Take a look at PMOs over the years and you will see that many have restructured, dissolved, or constantly had to justify their existence during both economic downturns as well as high-growth periods. This is evidence enough that PMOs are not yielding demonstrable positive financial results. This churn often causes years of frustration for both the PMOs and the projects and departments they serve. Changing the way in which the PMO is chartered, works, and is perceived within an organization, can ensure that it offers plentiful advantages for the entire organization.
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Joe Lauzen Blazes the Trail in Marketing His Firm
Meet Joe Lauzen, CPA, president of Lauzen Accounting a full service firm offering tax planning and preparation, accounting, bookkeeping, and payroll to a diverse client base. One challenge Joe shares with other firms is differentiating himself in a crowded marketplace. As a result, he stepped up his marketing efforts, and changed the way he looked at retaining clients and developing new business. He agreed to share some of his marketing savvy with AccountingSoftware411.com.
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Ideas in Motion is a monthly column designed to focus on best practices within CPA firms and organizations involved in providing technology related services.
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Financial Reporting and Consolidation: Remote Accounting Ledgers - Part 12
This is the 12th article in a series about Financial Reporting and Consolidation. The following article focuses on how to consolidate financial statements across remote offices via the use of consolidated Trial Balances and Journal Entries. This material is adapted from The Automated Accounting Systems and Procedures Handbook (John Wiley, New York 1991) Chapter 12.
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This column presents a new accounting system concept each month that may be applicable to your organization.
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