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Member's Profile
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
If your accounting system doesn't automatically create a SCF, which method do you use and why? Direct Method Indirect Method In addition, has any banker/investor or regulatory body required one method over the other?
Member's Profile
Christie Jahn
Title: CFO
Company: Atlantic Wireless Communications
(CFO at Atlantic Wireless Communications)
This comment was made by James Scott on another topic but raised a question for me. "The primary problem is that employees have no "skin in the game" to really watch what they spend and then to provide the necessary data in expense reports (i.e. receipts and other info to...
Member's Profile
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
Every so often this topic appears on Proformative, but is never really examined in depth. So I did a fast Google (love the all purpose word, noun, verb, adverb) and saw this "PERSONAL CAREER MARKETING PLAN" from USC, used in something called "Michigan Saves...
Anonymous Member
Anonymous
(CFO)
We are a small company looking to use a virtual data room and we look at some partnering opportunities. Are there any recommendations? What is typical cost? We are pretty simple. Not a lot of documents...really looking at it more for the security and control. Thanks for...
Anonymous Member
Anonymous
(Consultant)
I just joined a software-as-a-service company in the finance department (small company, very small finance department).  I do not have previous SAAS experience as I was previously in a different industry.   The company's former auditors (they reviewed, not...
Member's Profile
Simon Westbrook
Title: CFO
Company: Aargo Inc.
( CFO at Aargo Inc.)
I am working with a Company that really hasn't addressed the issue of formal internal controls, documentation and compliance. Does anyone have a Sarbanes Oxley checklist,  advice, or a good reference to facilitate the process of organisation?
Anonymous Member
Anonymous
(Accountant)
Hello, I would like to know the best way to categorize property expenses (purchase costs, holding costs, selling costs) for home flipping business. Should they belong to COGS or OPEX? or any other treatments that most commonly used by the home flipping industry? Thank you.
Member's Profile
Chris Shumate
Title: Corporate Accountant
Company: Redline Contract Services, LLC
(Corporate Accountant at Redline Contract Services, LLC)
David McCann recently posted an article on CFO.com (http://ww2.cfo.com/bankruptcy/2014/09/radioshack-cfo-jumps-sinking-ship/) on September 15 regarding RadioShack's most recent CFO. He, John Feray, "jumped ship" for personal reasons, as the article points out...
Member's Profile
Jeff Ferber
Title: founder
Company: WhatWeOrder
(founder at WhatWeOrder)
I’m in the planning phase of a feature for my startup, a feature intended to help accountants close the books for quarterly cutoff. I’d like to make sure we’re addressing the actual pain points. What’s the difficult or time-consuming part about...
Anonymous Member
Anonymous
(Director)
Our company has does acquisitions of professional organizations. The purchase price is determined as a mutliple of EBITDA.We pay the Target with a combination of cash, promissory notes and earnout agreements. I just started here a few months ago, so I was not involved in...
Member's Profile
Curtis Verschoor
Title: CEO
Company: C. C. Verschoor & Associates
(CEO at C. C. Verschoor & Associates)
A new survey highlights ways companies can improve their corporate culture, while governments try to hold individuals more accountable with oaths, delayed bonuses, and penalties. Ethics training throughout an organization is believed to be a critical determinant of the...
Member's Profile
Madan Aggarwal
Title: VP Operations
Company: Unify Square, Inc.
(VP Operations at Unify Square, Inc.)
Member's Profile
Bob Manzi
Title: Corporate Controller
Company: Clarity Media Group, Inc
(Corporate Controller at Clarity Media Group, Inc)
We are looking at mileage reimbursement rates for 2015. We currently reimburse our local sales reps a flat amount ($ .27) per mile. I'm trying to get a sense of what other companies (particularly in Colorado) are doing.
Member's Profile
Salena Oppus
Title: Senior Consultant
Company: RoseRyan Inc.
(Senior Consultant at RoseRyan Inc.)
So you just walked through the doors as the new CFO. You’ve already met the key players, you understand your role, and you have a pretty good understanding of the company. Only when you become part of the company can you get a real picture of what goes on in the...
Member's Profile
Christy Fliflet
Title: VP Finance
Company: FEI
LinkedIn Profile
(VP Finance at FEI)
I am curious if anyone has used a merchant account auditing service to audit their credit card merchant statements and look for potential savings? A company providing this service has recently done a review of a three month sample of our merchant statements. They found that...
Member's Profile
Jeffrey Ishmael
Title: Chief Financial Officer
Company: Cylance, Inc.
(Chief Financial Officer at Cylance, Inc.)
Hoping to solicit feedback from this forum regarding any experience with the NetSuite RevRec module, which we are in the midst of implementing. It has been explained to us that after the processing of an initial transaction that will be subject to deferment, that we need to...
Member's Profile
Sara Voight
Title: Controller
Company: Critical Signal Technologies, Inc
(Controller at Critical Signal Technologies, Inc)
We have a contractor who will be submitting weekly invoices to us for his work at our company. No issue as we will track this and provide him with a 1099 at year end for his services. The scope of his work is now changing such that he will be traveling...
Anonymous Member
Anonymous
(Controller)
Sublease Question: Company A which is not involved in Real Estate renting or leasing in any way subleases space to Company B, at a loss of $5K per month.  On top of the difference in base rent, it will pay the rent related taxes passed through by the (over) landlord....
Member's Profile
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
What type of travel policies do you use? Do you require budgets? Have a Per Diem rate, and if so how is that calculated? Lodging, certain hotel chains/star listing/Per Diem? Air, do you permit only coach, or do you allow business class, 1st Class? How bout booking air fare...