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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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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...
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...
Anonymous
 (accounting)
I am considering becoming a CPA, in Calfornia. I have had a lot of accounting and finance experience but think I need the certification at this point of my career. Anyone has any good suggestions for good on-lines classes, or any other suggestion for that matter? thank...
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Member's Profile
Kim Hall
Title: Consultant
Company: HWG, Inc.
 (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...
Member's Profile
Kim Hall
Title: Consultant
Company: HWG, Inc.
 (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...
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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,...
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Scout Young
Title: CFO
Company: Private
 (CFO at Private)
I'm advising a small company ($10m) that offers both a subscription software platform (with a multitude of options) and still more options for various add-on services. The services may be one time or ongoing (e.g. support), which is changeable to different levels of...
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Matt Treat
Title: Accounting Manager
Company: Private
 (Accounting Manager at Private)
Member's Profile
Member's Profile
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,...
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...
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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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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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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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Michel Morin
Title: Director of Finance
Company: Imacuclean Cleaning Services, Inc.
 (Director of Finance at Imacuclean Cleaning Services, Inc.)
I need to draft a PPM and I am searching for PPM samples, preferably in the software industry. The "Risk Factors" section is particularly challenging. Does anyone have suggestions? Thank you.
Member's Profile
Hadji Amran
Title: Accountant
Company: ZECO
 (Accountant at ZECO)
Looking for activity based budgeting definition, meaning, uses & examples.