IT Budgeting Part 1 (Run, Transform, Grow)

This is the first installment of a series on IT Budgeting.  Over the next few weeks we will discuss various aspects of budgeting from the perspective of both Accounting and the IT Department. Most businesses run on budgets.  And it’s a safe assumption that all successful businesses use a budget.  There may be dozens or… Read more »

Outrunning the Bear

Two hikers are walking through the woods when a huge brown bear suddenly appears in the clearing about 50 feet in front of them. The bear sees the campers and begins to head toward them. The first guy drops his backpack, digs out a pair of sneakers, and frantically begins to put them on. The… Read more »

Disclosing IT Security Breaches in Financial Statements

The Securities and Exchange Commission takes seriously its charter to protect shareholders’ interests.  Just ask Jeffrey Skilling or Bernard Ebbers.  Because of these guys, and dozens like them, there have been substantial changes in disclosure requirements as of late.  But did you know that IT security breaches might have to be disclosed in your financial… Read more »

Interesting Thoughts

Probably everyone past the 3rd grade knows who invented the airplane and the telephone.  But the one thing that we depend on every day is the computer and it seems that few can say who invented it. One problem with identifying the inventor of the computer is identifying what the first computer was.  Here are… Read more »

The Smartphone Dilemma

The days of keeping your work at the office are behind us.  Thank you: Blackberry, Android, and my beloved iPhone.  You can now read emails at the dinner table (a practice that I strongly suggest against) or listen to voicemails on the golf course (see first suggestion).  My point is that we are now a… Read more »

Invite the IT Guy to the Next Meeting

The IT Guy (used as a non-gender reference here, of course) has some serious insight into the nuts and bolts of your company.  You don’t need to brush up on your Battlestar Galactica trivia because the IT Guy is more than your resident Sci-Fi fanatic.  You probably missed a lot of good information because the… Read more »