Questions

Member's Profile
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
If your accounting system doesn't automatically create a SCF, which method do you use and why? Direct Method Indirect Method In addition, has any banker/investor or regulatory body...
Member's Profile
Christie Jahn
Title: CFO
Company: Atlantic Wireless Communications
(CFO at Atlantic Wireless Communications)
This comment was made by James Scott on another topic but raised a question for me. "The primary problem is that employees have no "skin in the game" to really watch what they spend...
Member's Profile
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
Every so often this topic appears on Proformative, but is never really examined in depth. So I did a fast Google (love the all purpose word, noun, verb, adverb) and saw this "...
Anonymous Member
Anonymous
(CFO)
We are a small company looking to use a virtual data room and we look at some partnering opportunities. Are there any recommendations? What is typical cost? We are pretty simple. Not a...
Anonymous Member
Anonymous
(Consultant)
I just joined a software-as-a-service company in the finance department (small company, very small finance department).  I do not have previous SAAS experience as I was...
Member's Profile
Simon Westbrook
Title: CFO
Company: Aargo Inc.
( CFO at Aargo Inc.)
I am working with a Company that really hasn't addressed the issue of formal internal controls, documentation and compliance. Does anyone have a Sarbanes Oxley checklist, ...
Anonymous Member
Anonymous
(Accountant)
Hello, I would like to know the best way to categorize property expenses (purchase costs, holding costs, selling costs) for home flipping business. Should they belong to COGS or OPEX?...
Member's Profile
Chris Shumate
Title: Corporate Accountant
Company: Redline Contract Services, LLC
(Corporate Accountant at Redline Contract Services, LLC)
David McCann recently posted an article on CFO.com (http://ww2.cfo.com/bankruptcy/2014/09/radioshack-cfo-jumps-sinking-ship/) on September 15 regarding RadioShack's most recent CFO...
Member's Profile
Jeff Ferber
Title: founder
Company: WhatWeOrder
(founder at WhatWeOrder)
I’m in the planning phase of a feature for my startup, a feature intended to help accountants close the books for quarterly cutoff. I’d like to make sure we’re...
Anonymous Member
Anonymous
(Director)
Our company has does acquisitions of professional organizations. The purchase price is determined as a mutliple of EBITDA.We pay the Target with a combination of cash, promissory notes...
Member's Profile
Madan Aggarwal
Title: VP Operations
Company: Unify Square, Inc.
(VP Operations at Unify Square, Inc.)
Member's Profile
Bob Manzi
Title: Corporate Controller
Company: Clarity Media Group, Inc
(Corporate Controller at Clarity Media Group, Inc)
We are looking at mileage reimbursement rates for 2015. We currently reimburse our local sales reps a flat amount ($ .27) per mile. I'm trying to get a sense of what other...
Member's Profile
Christy Fliflet
Title: VP Finance
Company: FEI
LinkedIn Profile
(VP Finance at FEI)
I am curious if anyone has used a merchant account auditing service to audit their credit card merchant statements and look for potential savings? A company providing this service has...
Member's Profile
Jeffrey Ishmael
Title: Chief Financial Officer
Company: Cylance, Inc.
(Chief Financial Officer at Cylance, Inc.)
Hoping to solicit feedback from this forum regarding any experience with the NetSuite RevRec module, which we are in the midst of implementing. It has been explained to us that after...
Member's Profile
Sara Voight
Title: Controller
Company: Critical Signal Technologies, Inc
(Controller at Critical Signal Technologies, Inc)
We have a contractor who will be submitting weekly invoices to us for his work at our company. No issue as we will track this and provide him with a 1099 at year end for his services....
Anonymous Member
Anonymous
(Controller)
Sublease Question: Company A which is not involved in Real Estate renting or leasing in any way subleases space to Company B, at a loss of $5K per month.  On top of the difference...
Member's Profile
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
What type of travel policies do you use? Do you require budgets? Have a Per Diem rate, and if so how is that calculated? Lodging, certain hotel chains/star listing/Per Diem? Air, do...
Member's Profile
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
Which do you find better: NPV or the IRR and if IRR, do you consider MIRR?
Member's Profile
Brett Bennett
Title: Controller
Company: Demandbase
(Controller at Demandbase)
Our company currently factors in unbilled revenue or contracts that have been signed but no revenue incurred yet in our calculation of DSO. Are these appropriate DSO calculation...
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