Articles

A Day in the Life of a College Administrator

August 18, 2017 

There’s no such thing as a “typical day” for college administrators, because much of what they do is determined by the needs of their college or university. That means that as a college administrator, you may be interacting directly with students during the first half of the day and participating in policy meetings during the second half. According to the U.S. Bureau of Labor Statistics (BLS), the duties of a college administrator generally fall into four categories: admissions, registration, student affairs, and academic policy. The day-to-day responsibilities for some administrators may only focus on one of these areas, but it’s not unusual for them to be involved in all of them. In fact, the BLS projects that employment in this field will increase 4% […]

Keeping HIPAA Compliant Data Secure

August 17, 2017 

HIPAA data compliance is often confused with data security. HIPAA compliance, however, is just the first step in keeping healthcare data secure across multiple networks and in the cloud. Keeping healthcare data HIPAA compliant ensures that patient information remains private, assuming that the network the data is stored on is secure against unwelcome eyes. But if hackers gain access to an unsecured system, they can read, modify, or even sell private patient information. Hackers can also set up ransomware attacks that can render patient records unusable (even though they are HIPAA compliant) until the facility pays the ransom. Medical businesses […]

3 Solutions to Challenges in Higher Education

August 16, 2017 

A career in higher education can be an enriching work experience, not only from a professional development perspective, but a sense of belonging as well. When everyone under the academic umbrella – administrators, faculty and students – is working toward the common goal of success, the fruits of labor-intensive efforts can be realized and shared. At the same time, though, as administrators can attest, higher education can also have its challenges. The following are some of the biggest demands in the higher education sphere and what leadership can do to accomplish them. Challenge No. 1: Payments associated with college attendance […]

10 Best Cities for Accountants in 2017

August 14, 2017 

10. Washington, D.C. Washington, D.C. has a higher cost of living than other cities on the list, but it also has a lower unemployment rate than other major metro areas. The average salary for an accountant in the area, adjusted for cost of living, is $46,760. Of every 1 million job postings in Washington, D.C., approximately 11,272 relate to accounting. 9. Detroit, Michigan Detroit is well known throughout the country for its heavy production of automobiles. Although it’s a large city, the cost of living in Detroit is fairly reasonable. It ranks at nearly 79 on the national cost of […]

As more students attend college, higher education roles should adapt

August 11, 2017 

The educational system continues to present new challenges for higher education administrators. More students are enrolling in college, according to a recent report from the American Academy of Arts and Sciences. This enrollment increase will affect multiple roles in higher education, starting with admissions. The changing role of admissions Individuals interested in working in admissions may have to create a new way of measuring student achievement. Private high schools lead the charge for a change in the process. Inside Higher Ed reported that this new approach, known as competency-based education, measures analytical and creative thinking, leadership and teamwork and digital […]

How to Become a College President

August 11, 2017 

If one were to compare the variety of positions in post-secondary education with the great peaks of the Earth, college president is akin to Mount Everest: it’s the highest, most prestigious of them all. Furthermore, also much like the magnificent landmass, few have ascended to the top of the post-secondary education world without a tremendous amount of effort and exertion along the way – both in the mental and the physical sense of the term. Fortunately, with a Doctor of Education in Higher Education Leadership from institutions such as Maryville University, graduates may be more prepared for this position. At […]

Major Rule Changes on the Way for Insurance Companies

August 3, 2017 

The International Accounting Standards Board (IASB) maintains the International Financial Reporting Standards (IFRS), which are considered the global accounting standards. Based in London, the IASB is an independent organization that updates its standards based on global needs. In May 2017, the IASB passed IFRS 17, which goes into effect January 1, 2021. For the first time, the standards require all international insurers to follow IASB rules. This change deviates from and replaces IFRS 4, according to PricewaterhouseCoopers (PwC). It deviates in terms of insurance contracts and could have a major impact on accounting professionals — especially those who work for […]

Automation in Accounting

August 2, 2017 

Among these is artificial intelligence, or AI, which has permeated nearly every industry, including accounting. Writing for the Motley Fool, tech specialist Andrew Tonner reveals a projection that 85 percent of customer service interactions will occur between customers and chatbots by 2020, based on Gartner research. Because of its ubiquity and usefulness, a Bank of America report estimates the economic impact of AI to be an increase of between $14 trillion and $33 trillion. If you’re bold in embracing the technology’s potential, automation and AI can help you drive decision-making and high-level operations strategy in bookkeeping and invoicing. It’s anticipated […]

Using AP Automation for Fraud Prevention

August 2, 2017 

Fraud continues to cost American businesses millions of dollars every year. The Association of Certified Fraud Examiners, or ACFE, prepared a detailed report in 2012 as well as a corresponding infographic in 2016 to detail the devastating effects of fraud on global businesses. According to the ACFE infographic, the average organization loses 5 percent of its total revenue to fraud. Even worse, the ACFE analyzed 2,410 occupational fraud cases whose combined losses totaled more than $6.3 billion. The organization identified the three most common types of fraud: 1. Asset misappropriation2. Corruption3. Financial statement fraud Of these, financial statement fraud can […]

Nurse Volunteering Opportunities: Making an Impact Overseas

July 24, 2017 

Nurses and nursing students who study, intern, and work close to home have countless opportunities to learn and build relevant skills. However, those who take their experience overseas to participate in nurse volunteering opportunities have the chance to enhance their abilities while providing medical care in locations that need it the most. Nurses looking to advance their careers through a nursing degree such as an online Bachelor of Science in Nursing to Doctor of Nursing Practice (BSN to DNP) can gain unique capabilities and make an impact on global healthcare by volunteering overseas. What Is Volunteering for Nurses? From participating […]