Questions

Anonymous Member
Anonymous
(CFO)
I was curious to gain some insight as to what others use as annual reviews and maybe share some best practices. I have seen annual reviews based on performance, based on peer reviews (...
Anonymous Member
Anonymous
(Finance Manager)
Looking for a seasoned CFO consultant who has experience in going public, mergers, working with VCs. Our software company is ready to take the next step and we would like to consult...
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Wayne Spivak
(President & CFO at SBAConsulting.com)
Today I received 6 calls, back to back with different phone numbers from the telemarketing department about Credit Safe. I spoke to them yesterday and they only called a few more times...
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Alan L
(developer at n/a)
If you own an LLC taxed as an S-Corp the IRS requires that you pay yourself a 'reasonable' salary but they refuse to provide specific guidance beyond that. If you pay yourself...
Anonymous Member
Anonymous
(Assistant Controller)
I'm the assistant controller of a firm. A new controller has been hired and his wife is our new CPA. Is there an ethical issue here? What risk do I face? Any advice? Help???
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John P. Hart
(Vice Pres - CFO at Nova Pressroom Products, LLC)
We've experienced an increase in accounts switching to Credit Card payment systems using V-Card, P-Card systems. We're talking B2B payments - usually in the $2-5k range, some...
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Chris Shumate
(Corporate Accountant at Empire Corporation of Tennessee, Inc.)
If you're looking for a corporate accountant to add to you team, what skills and experiences are needed? What are you looking for in a corporate accountant? Are corporate...
Anonymous Member
Anonymous
(Finance Director)
I am wondering how often companies report to the staff the state of the financial position of the company, if at all. I work at a nonprofit and find it very challenging to communicate...
Anonymous Member
Anonymous
(Personal finance educator)
Hello, I'm looking to increase my skills in financial analysis and a good certification program would work great, in my opinion. Does anyone want to recommend a good one, or give...
Anonymous Member
Anonymous
(Accounting Manager)
We are considering implementation of one of these software package for bank recons with activity of approximately 2,000 transactions per day. What vendor did you ultimately select and...
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ron gerhart
(Executive Director at PCC Inc.)
I operate a summer camp from Jul 1 to Aug 11. My fiscal is July1. I send out tuition invoices on March 31 and final payment is due by May 30 for the summer camp, which starts July 1....
Anonymous Member
Anonymous
(CFO)
Background: We are a <$50M, privately held C Corp with 70 shareholders. We have 5 layers of capital, with VC money senior preferred. A marketing exercise with bankers showed us that...
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Wayne Spivak
(President & CFO at SBAConsulting.com)
Reuters (http://reut.rs/1ez4glb) is reporting pay cuts for the CEO and other senior executives as well as saying they will on-board more non-company Board members (especially lawyers...
Anonymous Member
Anonymous Member
Anonymous
(CFO)
If I was going to audit our existing processes to look for vulnerabilities what would be the best way to start my assessment?
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Kim Supercynski
(CFO at Lincolnway Energy, LLC)
What mitigating controls should we have in place if we go to electronic signatures on checks?  How are companies doing electronic signatures. jpeg in the accounting software or a...
Anonymous Member
Anonymous
(Internal Audit)
We are a rapidly expanding school network. We uses spreadsheets ("enrollment model") tracking student enrollment, teacher staffing level, student attrition, class size etc,...
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Wayne Spivak
(President & CFO at SBAConsulting.com)
It seems in the CFO literature that we CFO's are hoarding cash again. Are we? And if we are (more than usual that is), why? Rainy day fund? Armageddon? The great depression?
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Stephanie Clevenger
(Accounting Manager at Sonendo Inc)
I work at a medical device startup and we have just started accepting credit cards from customers to pay their invoices and now I have to book the fees associated with the settled...
Anonymous Member
Anonymous
(Financial Accountant)
My company is selecting a PSA solutions -- we're primarily looking at FinancialForce, SciForma, and KeyedIn Projects. Does anyone have experience with those systems and comments on...
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