Today I wanted to write a bit about how Illumeo works with its instructors so you, dear user or prospective user, can understand the fundamental ‘flywheel effect’ of Illumeo’s course library. First off, we don’t hide our business model. It’s remarkably straightforward: companies and individual users buy standalone courses, annual subscriptions and certificate programs, as […]

 …It’s still anyone’s guess…but we are getting closer! On March 7, 2019, the U.S. Department of Labor (DOL) issued a news update concerning the new salary levels for employees to qualify for the Executive, Administrative, and Professional exemptions under the Fair Labor Standards Act (FLSA).  The news update acknowledges that the current salary level of $455 per […]

The Public Company Accounting Oversight Board (PCAOB) recently released a new auditing standard for auditors expressing an opinion on a public company’s financial statements. The new standard, AS 3101, The Auditor’s Report on an Audit of Financial Statements When the Auditor Expresses an Unqualified Opinion, changes how auditors report critical audit matters (CAM) as part of […]

How much will you spend sending managers and leaders to conferences in 2019?  The price tag is often buried in many different budgets – travel, professional development, marketing, business development, entertainment, etc. Before you OK the expense, make sure people representing your organization know how to connect, converse, and collaborate.   At the conference do […]

For years Illumeo has been the leader in Continuing Professional Education (aka CPE, CE, and RCH) for CPAs and over two dozen other professional certification types (e.g. CMA, CIA, CTP, CISA and many, many more). But despite having tens of thousands of CPE hours for these professionals and simple CPE reporting, the most common request […]

When we think of bullying, we usually visualize a big burly person standing over someone smaller intimidating the smaller person with size.  Or else, like in the beginning of the Industrial Revolution, we assume a boss is intimidating his staff threatening them with loss of income if they don’t comply to his request for sexual […]

The U.S. Department of Labor (DOL) announced on March 14th, that they had released new opinion letters on their website.  These letters address the compliance issues related to the Family and Medical Leave Act (FMLA) and the Fair Labor Standards Act (FLSA).  Before we review the new opinion letters for the FLSA, let’s do a […]

In December 2018 the Public Company Accounting Oversight Board (PCAOB) issued an amendment to its standard on the use of specialists in a financial statement audit.  To better understand the amendment, it is important to recognize the role of a specialist and why one would be engaged during a financial statement audit. Auditors performing audits […]

Are your Accounts Payable Operations measuring their performance?  If not, how can progress toward goals be determined? How can issues be identified before getting calls from Vendors?  Or worse, Management and Customers?  Key Performance Indicators (KPIs) for Accounts Payable can cover everything from the productivity of each AP processor to whether invoices are paid on […]

Some people are afraid of their own shadow.  They have a lot of fears if they’re in sales.  They are afraid of their competitors. They’re afraid of failing.  Fear is the wrong emotion to have when you sell. I want you to be able to get past fear and sell more successfully.  I’m afraid if we share information […]