by DerekHenry | Jan 6, 2022 | Efficiency, Excel Tips
Most accountants spend a lot of time on journal entries, especially during close time. Based on my experience and from hundreds of people I’ve consulted or worked with over the years, an average journal entry takes about 30 minutes to prepare and post from start to...
by DerekHenry | Dec 8, 2021 | Efficiency, Thought Leadership
Summary Building and maintaining good habits is a cornerstone of success, so it’s no wonder why there are so many books (or entire seminars built off of them) like the Seven Habits of Highly Effective People by Stephen Covey. I’m a huge Covey fan, so I...
by DerekHenry | Nov 3, 2021 | Efficiency
Summary I’ve noticed that a lot of people who have it together are masters at managing their schedule. They live and die by it. It’s more crucial in some roles than others, but even without a calendar full of meetings, there are many steps you can take to get the...
by DerekHenry | Oct 25, 2021 | Efficiency, Excel Tips
Summary I’m a big Excel fan. I’ve done some crazy things with it (some have nothing to do with financial data!). It’s great for some things, okay for others, and probably not appropriate at all for others. We’ll touch on a few examples of these in...
by DerekHenry | Oct 19, 2021 | Efficiency, Excel Tips
Summary When you hear the words “creative” and “accountant” in the same sentence, you probably either laugh or think of accounting scandals from the past 20 years. Creative accountants find easier ways to do things, reducing time and errors. In this article, we’ll...
by DerekHenry | Oct 13, 2021 | Shortcuts
Summary Have you ever wondered how some people breeze through their work, almost as if they’re in a trance? Chances are they are 1) really good at keyboarding (70+ wpm with few errors) and 2) they use a lot of keyboard shortcuts (100+ different shortcuts). There is...
by DerekHenry | Apr 1, 2021 | Efficiency, Excel Tips
Summary I’ve worked with many people throughout my career that spend a lot of time downloading, organizing, building, analyzing, reviewing, or distributing reports. Obviously many of those were financial in nature, but many were around other data points such as...
by DerekHenry | Mar 1, 2021 | Efficiency
Summary I share this fun fact often because it frequently surprises people: McKinsey found that the average worker spends 20% of their time looking for information. That’s about 10 WEEKS a year! Much of that time is spent dealing with email, and I covered that in a...
by DerekHenry | Feb 1, 2021 | Efficiency
Summary If you’re like most people, you spend a lot of time looking for things, and a lot of time managing email. In fact, McKinsey found that the average worker spends 20% of their time looking for information, and 28% of their time managing email. While there is...
by DerekHenry | Jan 1, 2021 | Thought Leadership
If you’re like me, you probably think to yourself on a daily basis “OMG, this is such a pain…” I’m admittedly very impatient and I can get frustrated easily. I like to think that it’s coming from a good place; after all, I just want things to be as good and easy as...
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