Jim Ulvog

Looks like ‘little GAAP’ will be closer to ‘slightly-less-than-big-GAAP’

Here’s the path the Financial Accounting Foundation has chosen for addressing the big GAAP/little GAAP issue, as announced on October 4:

Establishing a new body, under the oversight of the FAF, to identify standards that require modification and to vote on specific proposed exceptions or modifications that would then be subject to ratification by the FASB and submitted to the public for comment

The FAF would create a new entity under its supervision, the Private Company Standards Improvement Council (PCSIC).  Shall we call it Pic-sic?  …

Looks like ‘little GAAP’ will be closer to ‘slightly-less-than-big-GAAP’ Read More »

New blog:

Why am I starting a new blog, Outrun Change? You can find it at www.outrunchange.com (new name and address listed after I moved the blog.)

The amount of change taking place today is staggering.  The rate of change is going to increase.  That change is making our knowledge and skills obsolete.  We need to be learning and growing to keep up with the amount of radical change taking place around us.  We need to learn fast enough to outrun change.

At the Christian Leadership Conference in April 2011, Dr. Richard Swenson said that there will be 1,000 times more change in the next century than in the 20th century.  He also said there was more change in the 20th century than the previous 5,000 years.  That is staggering.

My focus in the new blog will be on: …

New blog: Read More »

Still wondering if Social Media is a big deal? Want to be in business 5 years from now?

Most sobering thought from the video:

  • The ROI of social media is your business will still exist in 5 years

Some stats on social media from Erik Qualman at Social Media Revolution 2011:

[youtube=http://www.youtube.com/watch?feature=player_detailpage&v=3SuNx0UrnEo]

A few other highlights that caught my eye:

Still wondering if Social Media is a big deal? Want to be in business 5 years from now? Read More »

Is it possible we are not heading into a double dip recession?

(cross-post from my other blog, Nonprofit Update)

While out for a walk yesterday morning, I noticed construction at the strip shopping center near my home. Wood frame in just about done.

New construction?  In this economy?  That isn’t supposed to be happening, right?

Is it possible we are not heading into a double dip recession? Read More »

Where to start on a social media policy? Simple starting ideas.

You and your staff are using social media.  That’s not going to change.

If you haven’t done so, it might be wise to offer some guidance on how to use all the great tools that are available.

A good place to start is a short discussion in the CalCPA September 2011 article on using social media for recruiting. …

Where to start on a social media policy? Simple starting ideas. Read More »

Getting naked – Not what you think. It’s a book. Wait. Still not what you think. It’s about transparency in business relationships.

Subtitle of the book is A business fable… about shedding the three fears that sabotage client loyalty.  It’s a book by Patrick Lencioni which you can find here.  As with his other books, it is an entertaining fictional story that illustrates the points instead of making them directly.

Primary focus of the book is business consultants.  It applies to directly to anyone in business working with external clients.  It can also apply to many people in the ministry world.

He suggests there are three fears that get in the way of loyalty from your clients.  These fears tear down transparency and openness.  Getting past those fears in order to improve transparency is the way this book can help anyone in business or ministry. …

Getting naked – Not what you think. It’s a book. Wait. Still not what you think. It’s about transparency in business relationships. Read More »