Blogs

Keeping Fraud Controls in the Forefront

Illumeo Customer Success's Profile

As the COVID-19 pandemic continues to have rippling effects on all businesses, no matter the size or strength, it is imperative that companies stay committed to minimizing fraud in its organization.  Staying ahead of fraud can require extra resources for companies, in both time and money, and many companies

Organization Development And Enhancement of Product & Services

Illumeo Customer Success's Profile

Organization development is a process of a planned and systematic approach that helps organizations identify problems, build their capacity to change and improve their effectiveness. It is an evidence-based process that uses scientific findings for creating a process that is structured, controlled, and tested.

Are Succession Plans and Exit Plans the Same?

Gene Siciliano's Profile

A business writer once published an article that an exit plan can also be referred to as a succession plan. Sorry, folks, but that’s just not true.

Why Corporate Training Is Necessary For Your Business

Illumeo Customer Success's Profile

As part of its st

How Are Re-certification Credit Hours Beneficial for CPPs?

Illumeo Customer Success's Profile

Payroll is the process of calculating and disbursing wages, salaries, bonuses, expenses and deductions relating to employees' compensation for their work.  It is necessary to maintain financial records, understand current laws and regulations, detailed knowledge of tax issues, and a system to ensure employees are compensated accurately.

Non-compliance with Laws and Regulations Update

Illumeo Customer Success's Profile

NOCLAR, which stands for Non-compliance with Laws and Regulations, was created and has been updated by the International Ethics Standards Board for Accountants (IESBA).  NOCLAR is an action that violates a law or regulation that has a direct impact on financial statements or violates laws which address compl

Business Planning is Crap

Gene Siciliano's Profile

Catchy title, eh? But it must be true, because so few small and mid-sized companies do it. Why would anyone who wants to build a successful company avoid doing something that might help them succeed? Well there are a lot of very solid reasons, or so we’re told. In fact, we’ve been told one or more of those reasons so often that I made a list of them for my last book.

What are Compensated Absences?

Illumeo Customer Success's Profile

After a full year of COVID-19 related restrictions, many employees have deferred the usage of their vacation and sick days.  Because companies must account for the possibility of these hours being used in the future, it is likely that the compensated absences liability will be substantially larger for 2020 t

Corporate Training And The Digital Transformation

Illumeo Customer Success's Profile

Digital transformation and change management involve multiple components and each has to be arranged in a way that could lead to achieving the goals successfully. Forward-thinking leaders realize that the first step towards improving competitive advantage is to digitally transform their corporate training program.

Why Is It Important For HR Professionals To Go For Continuing Education?

Illumeo Customer Success's Profile

Like any other profession, HR requires professionals to keep themselves updated with changes in laws related to employment, understand the latest practices to handle HR issues, and find new ways to contribute to the company's goals.