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. Proformative members can ask a Question at any time. Questions and answers are visible to everyone. You can ask a question, answer, comment anonymously or just read and enjoy the discussion. Can’t find what you want? Ask your own question to start a discussion and get your answer.

Recent Active Questions

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M. Feldman
Title: Controller
Company: Private
 (Controller at Private)
I’m part of a small group tasked with planning a corporate retreat. The purposes in general are relaxation, team-building and brainstorming new ideas. I’ve got the relaxation part covered, if the other two don't get in the way. I could use some ideas,...
Anonymous
 (President)
I am joining a startup company as CFO/COO. The company has raised some initial angel financing, but needs to raise additional funds before salary can be paid. Salary would be accrued, and I realize it may get nixed as a condition of additional financing. I am being offered...
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...
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David Wittenberg
Title: Decision Architect
Company: Verax Point
 (Decision Architect at Verax Point)
I'm looking for organizations or articles focusing on Finance's strategic support of the Marketing function.  By "strategic support," I mean well beyond traditional financial analysis.  How can we: Build stronger rapport with the marketing...
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Matthew Gallatin
Title: CFO
Company: ShareThis, Inc.
 (CFO at ShareThis, Inc.)
Has anyone used any 3rd party applications to integrate Quickbooks data with Salesforce?  Our company is a heavy user of Salesforce to track pipeline, opportunities and wins.  We use Quickbooks for our accounting software.  I would like to be able to pull...
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Vernon Reizman
Title: CFO
Company: RCM Industries, Inc.
 (CFO at RCM Industries, Inc.)
We agreed with a key long term supplier, whom we have an excellent relationship with, to change payment terms from 1%10 n30 to straight n30. In return the supplier brought their price down. We took advantage of the payment reduction but 2 of our 4 divisions missed the...
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Kyle Breen
Title: Senior Financial Analyst
Company: CHEP
LinkedIn Profile
 (Senior Financial Analyst at CHEP)
Thanks for the help in advance. Where is a good, easy to use site to find IFRS Standards with interpretations? Maybe with some examples as well? I'm coming from GAAP which was far easier to find resources for. Every website I am looking at shows a ton of information on...
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Bill Mongan
Title: VP - Finance
Company: Generac Power Systems, Inc.
 (VP - Finance at Generac Power Systems, Inc.)
We are searching for a CPM solution (consolidation/reporting, planning and budget tool) to help with consolidation and budgeting, as we have had some recent acqusitions and need a better tool.  We are looking at several vendors in this space - INFOR, Oracle HFM,...
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Christie Jahn
Title: CFO
Company: Atlantic Wireless Communications
 (CFO at Atlantic Wireless Communications)
We are looking for a solution for IT. We don't currently have an internal IT department and it wasn't a big deal before now. We have close to 100 computers spread out across several counties. We had a company install a diagnostic tool and sent us a performance...
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Hadji Amran
Title: Accountant
Company: ZECO
 (Accountant at ZECO)
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Lisa Wu
Title: Controller
Company: Vudu
 (Controller at Vudu)
Can some body recommend a good ERP system for a service company? A system good in tracking work orders, time and material. thanks!
Anonymous
 (Director of Accounting)
How does your company classify franchise taxes and gross receipts taxes on the income statement (other expenses included in EBITDA or below the line in income taxes? Our auditors want us to reclassify these into EBITDA but GAAP does not require it. We would like examples of...
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Heidi Day
Title: CEO/FOUNDER
Company: Ma'Tiqulous Creations
 (CEO/FOUNDER at Ma'Tiqulous Creations)
OPENING SALON/SPA NEED CONTRACT AGREEMENT IF ANYONE CAN HELP. THANK YOU, FIRST TIME BUSINESS OWNER, HEIDI
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William Robertson
Title: Founder
Company: WLMR5 LLC
 (Founder at WLMR5 LLC)
Our interim CFO is recommending we look at Financial Force, Netsuite and Intacct. Right now, we're on QuickBooks. Would like to improve my own knowledge and take the deep dive into reviews and whatever else I can discover. We're definitely agreed on cloud vs hosted...
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Klien Keen
Title: Financial Controller
Company: ,
 (Financial Controller at ,)
I am looking to hire a Financial Modeler for modeling projects. Other than the usual HR type of behavioral questions, what technical questions can I ask to differentiate the better modelers from the crowd? An example I can think of is "In what circumstance is Vlookup...
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Wayne Spivak
Title: President & Chief Financial Officer
Company: SBA * Consulting, LTD
 (President & Chief Financial Officer at SBA * Consulting, LTD)
Intellectual Property (IP) is more than just patents, trademarks and service marks.  It can encompass any copyrightable attribute aspect of your company as well as proprietary information that is developed. In recent years, the rate of IP theft and prosecution (either...
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Scott Kleinberg
Title: CFO
Company: Undisclosed
 (CFO at Undisclosed)
I'm curious if recent private company option repricings have included terms other than just price, i.e. changes to vesting, numbers of shares outstanding, option life, etc.  Also, if you've done recent repricings, did you do it with an offering circular, or...
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J Cilur
Title: Assistant Controller
Company: UT
 (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...
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