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
(Controller at Vudu)
We have sales people and engineers traveling international. The calls on their cell phones have been super expensive. The cell phone company does not have any international plans. Basically, you have to pay outrageous per minute roaming charge. We have tried...
We have sales people and engineers traveling international. The calls on their cell phones have been super expensive. The cell phone company does not have any international plans. Basically, you have to pay outrageous per minute roaming charge. We have tried...
(President at The GSL Group, LLC)
Hi all, I am interested to see what, if any, errors or problems people commonly see with business valuations, either theoretical or empirical. One of the most common errors I see is the double-counting in the assessment of risk, which is often reflected in the...
Hi all, I am interested to see what, if any, errors or problems people commonly see with business valuations, either theoretical or empirical. One of the most common errors I see is the double-counting in the assessment of risk, which is often reflected in the...
(Controller, consulting at Consulting)
Need recommendation for a business valuation specialist/firm who can assist potential buyer with analysis of a small busines (<$1M in revenues) related in the healthcare/hospitality industry. Please no large, big name firms. Looking for experienced independent...
Need recommendation for a business valuation specialist/firm who can assist potential buyer with analysis of a small busines (<$1M in revenues) related in the healthcare/hospitality industry. Please no large, big name firms. Looking for experienced independent...
(Financial Consultant)
Does anyone have an example of communication given to Employees regarding ABX4-17, the new CA tax law that requires additional 10% withholding? Reference URL: http://www.ftb.ca.gov/law/legis/09_10bills/abx4_17_072309.pdf
Does anyone have an example of communication given to Employees regarding ABX4-17, the new CA tax law that requires additional 10% withholding? Reference URL: http://www.ftb.ca.gov/law/legis/09_10bills/abx4_17_072309.pdf
Anonymous
My company is in the process of outsourcing our HR function. We currently do not have an HR professional on staff. We are looking hard at a couple of companies. They are coming in next week to pitch their services. What pitfalls are in outsourcing? What should we...
(VP Finance/Corp Controller)
I have not been in a company with large, hard assets for many years but I understand there are some recent changes in standards for establishing and maintaining book value. We have some long-term hard assets we need to establish book values for. What is the current...
I have not been in a company with large, hard assets for many years but I understand there are some recent changes in standards for establishing and maintaining book value. We have some long-term hard assets we need to establish book values for. What is the current...
(Chief Finance Officer)
I just came from a summit of executives, where the hottest topic under discussion was talent acquisition. There was enthusiasm because talent is available. However, I was surprised to find that no one had a tangible plan for bringing in the right people. Given that we are...
I just came from a summit of executives, where the hottest topic under discussion was talent acquisition. There was enthusiasm because talent is available. However, I was surprised to find that no one had a tangible plan for bringing in the right people. Given that we are...
(Head of Tax Forecasting at NextEra Energy Resources)
I've attempted to sell the concept of multi-currency pooling to my parent company with no such luck for the past 3 years. I'd appreciate the assistance of the community in approaching this from a different angle. The Situation - My firm receives multiple...
I've attempted to sell the concept of multi-currency pooling to my parent company with no such luck for the past 3 years. I'd appreciate the assistance of the community in approaching this from a different angle. The Situation - My firm receives multiple...
(CEO/CFO at Proformative, Inc.)
Controlling email traffic is essential to keeping users happy. We do not wish to bother our members with incessant email traffic, and yet too much delay between someone asking a question and the membership reading and answering it may result in less utility to our users....
Controlling email traffic is essential to keeping users happy. We do not wish to bother our members with incessant email traffic, and yet too much delay between someone asking a question and the membership reading and answering it may result in less utility to our users....
(Controller/Technical Accounting Advisory.. at Consultant)
When do you accrue the liability for the share based payment awards (i.e. restricted share units (RSU) / performance share units (PSU)) if the RSU/PSU units are vested due to change in control provision. Is it based on the change of control date (assume February 28, 20X1...
When do you accrue the liability for the share based payment awards (i.e. restricted share units (RSU) / performance share units (PSU)) if the RSU/PSU units are vested due to change in control provision. Is it based on the change of control date (assume February 28, 20X1...
(Controller/Technical Accounting Advisory.. at Consultant)
Did you already start considering the impairment under FAS 144 (aka ASC 360, Property, Plant and Equipment) for your year end reporting?
Did you already start considering the impairment under FAS 144 (aka ASC 360, Property, Plant and Equipment) for your year end reporting?
(Controller/Technical Accounting Advisory.. at Consultant)
SEC has a road map which would allow the U.S. to implement IFRS sometime in 2014. Will SEC/FASB give away U.S. GAAP for IFRS? What are your thoughts on IFRs vs GAAP?
SEC has a road map which would allow the U.S. to implement IFRS sometime in 2014. Will SEC/FASB give away U.S. GAAP for IFRS? What are your thoughts on IFRs vs GAAP?
()
We are currently audited by PwC but I want to explore using a less expensive firm for 2009. Any recommendations?
We are currently audited by PwC but I want to explore using a less expensive firm for 2009. Any recommendations?
(VP Finance at Force10 Networks)
Folks - We are looking to benchmark what % sales other firms spend on marketing. Any comments would be appreciated. Thanks - Dan Morgan
Folks - We are looking to benchmark what % sales other firms spend on marketing. Any comments would be appreciated. Thanks - Dan Morgan
(CEO/CFO at Proformative, Inc.)
During the Beta, we are working on adding some commerce elements to Proformative.com. Don't worry, none of it will come from the Finance and Accounting professionals :) (it is for things like recruiters paying for job postings). There are no lack of providers out...
During the Beta, we are working on adding some commerce elements to Proformative.com. Don't worry, none of it will come from the Finance and Accounting professionals :) (it is for things like recruiters paying for job postings). There are no lack of providers out...
(President)
A hot topic of HR professional groups like the Society of Human Resource Professionals (SHRM), is the need for corporations to publish a written policy providing employees guidance on the acceptable use of social networks. These policies are not simply limited to...
A hot topic of HR professional groups like the Society of Human Resource Professionals (SHRM), is the need for corporations to publish a written policy providing employees guidance on the acceptable use of social networks. These policies are not simply limited to...
(CEO)
I am attempting to complie a listing of the most efficient strategies to cost-cut and increase efficiency in this current economic climate. Please let us know some strategies yu have employed that have greatly assisted you receintly. Thanks Reference URL: http://www.ubcnc...
I am attempting to complie a listing of the most efficient strategies to cost-cut and increase efficiency in this current economic climate. Please let us know some strategies yu have employed that have greatly assisted you receintly. Thanks Reference URL: http://www.ubcnc...
(President & CFO at Aribex)
I attended a presentation at UVEF today by Skullcandy Founder & CEO Rick Alden. By the way, Rick is being considered for the Entrepreneur of the Year award for 2009 by Entrepreneur Magazine. Vote for Rick here: http://www.entrepreneur.com/e2009/vote/established.php...
I attended a presentation at UVEF today by Skullcandy Founder & CEO Rick Alden. By the way, Rick is being considered for the Entrepreneur of the Year award for 2009 by Entrepreneur Magazine. Vote for Rick here: http://www.entrepreneur.com/e2009/vote/established.php...
(CFO)
My company is developing some hardware (can't disclose right now) that is connected online and will receive continuous software updates. I'm being told that we will have to recognize revenue ratably over the expected life of the hardware. Does anyone have...
My company is developing some hardware (can't disclose right now) that is connected online and will receive continuous software updates. I'm being told that we will have to recognize revenue ratably over the expected life of the hardware. Does anyone have...
(VP of Finance & CFO)
As a company surviving but with poor results due to this economy we are now struggling to get bid bonds and performance bonds. Anyone know of a bonding company that is not so afraid of less than perfect financial statements?
As a company surviving but with poor results due to this economy we are now struggling to get bid bonds and performance bonds. Anyone know of a bonding company that is not so afraid of less than perfect financial statements?
