Best practices in accounting. Advice, insight, experience and how-tos, shared by Jack Boyer, CPA.

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Timecards: The First Step Toward Financial Clarity

Timecards: The First Step Toward Financial Clarity

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DATE : Thu, 22 Jun 2006 09:36:46 PDT
Entered in Database : 2006-06-22 16:36:46
length : 4448448
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Transcript of Podcast

In this first installment of the Best Accounting Practices podcast, Jack Boyer, CPA, discusses how important it is to follow best practices with timecards. His conversation highlights the need for most any organization to track the work done by employees or contractors and where their efforts are applied.

Daily completion of timecards and capturing at least 40 hours per week enable project managers to see progress daily, and allows managers to determine milestones against the company’s strategic goals. The old adage "are we doing the right things, or are we doing things right?" begins with timecard best practices.

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