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
(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,...
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,...
(Accounting Manager at Private)
(CFO at Private)
(group financial manager at La Poire)
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...
(Consultant at HWG, Inc.)
Hi There! Maybe you saw the post that my client is moving to a new payroll system. I was talking to the vendor about account set up and he made a comment about salaries in the COGS that made me curious. He said that some of his clients include salaries for...
Hi There! Maybe you saw the post that my client is moving to a new payroll system. I was talking to the vendor about account set up and he made a comment about salaries in the COGS that made me curious. He said that some of his clients include salaries for...
(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
(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...
(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,...
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,...
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...
(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...
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...
(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...
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...
(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...
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...
(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...
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...
(Accountant at ZECO)
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...
(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...
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...
