Questions
Questions and the resulting answers are a great way to find what you need to know to do your job and advance your career. If you're looking for answers to a specific question, try a keyword search from the header of any page. For example, you could search for “non-profit accounting” or browse our questions section for a wider variety of accounting questions and answers of interest to you.
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Recent Active Questions
(Treasurer at Private)
Anonymous
(Assistant Controller)
I have no public accounting experience & I’ve been working in one particular segment for the past 17 years. I’m little over 40. The recruiters insist I will get better offers for Controller positions if I get my CPA. I have no public accounting experience...
Anonymous
(Assistant Treasurer)
Anonymous
(Treasury Manager)
(CFO at Xpert Exposition Services)
I currently manage two company files within Quickbooks Pro 2012 which cannot be open simultaneously. This makes for a frustrating and time consuming user experience. We are now in the process of setting up another entity, and I know more headaches await me should I try and...
I currently manage two company files within Quickbooks Pro 2012 which cannot be open simultaneously. This makes for a frustrating and time consuming user experience. We are now in the process of setting up another entity, and I know more headaches await me should I try and...
Anonymous
(Founder)
To add a little detail, we're a $6 million home services small business that is going to become a medium size business by the end of this decade. We're fairly early in the research and selection process. On criteria for "best," our goals are: - Easier to...
(Controller at TouchCommerce)
My company is a technology services company servicing ecommerce clients. We presently are compensated on a pay for performance basis (i.e. sales conversion) and also perform services that we do not receive compensation. Would like to convert to a professional services model...
My company is a technology services company servicing ecommerce clients. We presently are compensated on a pay for performance basis (i.e. sales conversion) and also perform services that we do not receive compensation. Would like to convert to a professional services model...
What international bank would you recommend for a young company with less than $25 million in sales?
(Owner/Senior Consultant at Interim Finance Services)
The Silicon Valley company expects to grow rapidly with international sales in Asia and Europe, and only wants to use one international bank. Citibank and BofA come to mind immediately, but should any others be considered?
The Silicon Valley company expects to grow rapidly with international sales in Asia and Europe, and only wants to use one international bank. Citibank and BofA come to mind immediately, but should any others be considered?
(CFO at Private)
(Partner at Rounded Third)
Does anyone have experience with cloud based accounting packages used for providing accounting services to multiple clients? What packages are most user friendly, cost effective, or flexible. Thanks for your insights.
Does anyone have experience with cloud based accounting packages used for providing accounting services to multiple clients? What packages are most user friendly, cost effective, or flexible. Thanks for your insights.
(President & Chief Financial Officer at SBA * Consulting, LTD)
Don't wanna pay taxes? Work near SUNY Gov. Andrew Cuomo wants to create tax-free hot spots near the state's public universities. In an attempt to shed New York's image as a "tax capital" of the U.S., Governor Andrew Cuomo on Wednesday unveiled the...
Don't wanna pay taxes? Work near SUNY Gov. Andrew Cuomo wants to create tax-free hot spots near the state's public universities. In an attempt to shed New York's image as a "tax capital" of the U.S., Governor Andrew Cuomo on Wednesday unveiled the...
(Assistant Controller at UT)
I have a multiple element question where our customers buy our service and we provide equipment at no additional cost. The agreement states that we have a right to the equipment if the contract is cancelled within 3 years of the signed date; after 3 years, the equipment...
I have a multiple element question where our customers buy our service and we provide equipment at no additional cost. The agreement states that we have a right to the equipment if the contract is cancelled within 3 years of the signed date; after 3 years, the equipment...
(Vice President at RoseRyan)
The new COSO internal control framework has just been issued – and while companies are encouraged to use the new framework as soon as feasible, there is a transition period allowed through Dec 15, 2014. I’m curious to hear your thoughts on how you see this...
The new COSO internal control framework has just been issued – and while companies are encouraged to use the new framework as soon as feasible, there is a transition period allowed through Dec 15, 2014. I’m curious to hear your thoughts on how you see this...
(Consultant at HWG, Inc.)
Hi there! A client is implementing a new payroll system. Yea! And it is happening Tuesday! (May 28) It has been years since I implemented a payroll system, and I could use a refresher on configuing the accounts. So the questions are: 1...
Hi there! A client is implementing a new payroll system. Yea! And it is happening Tuesday! (May 28) It has been years since I implemented a payroll system, and I could use a refresher on configuing the accounts. So the questions are: 1...
Anonymous
(CFO)
I am reaching out to see if anyone in the community has any helpful resources that they would share regarding best practices for cash management for small and mid-size businesses. Of particular interest are the tools that people use to consistently monitor the banks...
(Controller at South Shore YMCA)
We are setting up a process for different branches in our organization to ensure proper capture, valuation etc of Gifts In Kind...also interested in setting a threshold for values since many items may be smaller in nature and the sheer bulk of recording in both donor...
We are setting up a process for different branches in our organization to ensure proper capture, valuation etc of Gifts In Kind...also interested in setting a threshold for values since many items may be smaller in nature and the sheer bulk of recording in both donor...
Anonymous
(Controller)
Anonymous
(Manager)
I really enjoyed Cindy Kraft's post and subsequent lively discussion in these pages last week about "The 5 Worst Things You Can Do In Your Career." I'm coming up on a transition and have already achieved at least two items on Cindy's "Worst Things...
