Topics

Member's Profile
Chris Shumate
(Corporate Accountant at Empire Corporation of Tennessee, Inc.)
If you're looking for a corporate accountant to add to you team, what skills and experiences are needed? What are you looking for in a corporate accountant? Are corporate accountants really just staff accountants, junior accountants, senior accountants, etc., under a...
Member's Profile
Wayne Spivak
(President & CFO at SBAConsulting.com)
It seems in the CFO literature that we CFO's are hoarding cash again. Are we? And if we are (more than usual that is), why? Rainy day fund? Armageddon? The great depression?
Anonymous Member
Anonymous
(Controller)
As of August 1st, we will be charging a non-refundable deposit of 10-20% of deal value. Initially, I will book this to customer deposit (liability) until we have delivered on our end. The majority of our customers who sign deals follow through on them (ie more than 90...
Anonymous Member
Anonymous
(Internal Audit)
We are a rapidly expanding school network. We uses spreadsheets ("enrollment model") tracking student enrollment, teacher staffing level, student attrition, class size etc, and making forecast 2 to 5 years out. The Model is leveraged by pretty much everyone in the...
Anonymous Member
Anonymous
(Director)
We are looking into purchasing software to keep track of our stock ledger (we currently use excel). We have about 500 shareholders, 50 option holders, and there are about 100 transactions per year, excluding equity raises. Any suggestions? I have heard of Solarium and Stock...
Anonymous Member
Anonymous
(Finance Manager)
Looking for a seasoned CFO consultant who has experience in going public, mergers, working with VCs. Our software company is ready to take the next step and we would like to consult with someone who has extensive experience in raising money and went through this process at...
Member's Profile
Carter O'Brien
(Controller at Private)
Any suggestions on software, but more importantly, any suggestions on what we should be looking for out of the software?
Anonymous Member
Anonymous
(CFO)
I am in a fairly new position as CFO at a 25M company. The company uses an ERP/Accounting program that is highly customized, and has a lot of operational nuances specific to the company. I've seen this situation before, wherein the Controller appears to possess a...
Anonymous Member
Anonymous
(CFO)
I was curious to gain some insight as to what others use as annual reviews and maybe share some best practices. I have seen annual reviews based on performance, based on peer reviews (360 Evaluation), based on behaviors etc. What do you all find is the best method to...
Member's Profile
Wayne Spivak
(President & CFO at SBAConsulting.com)
Today I received 6 calls, back to back with different phone numbers from the telemarketing department about Credit Safe. I spoke to them yesterday and they only called a few more times in the last couple of weeks. They claim to be a competitor of D&B. I can't tell...
Member's Profile
Alan L
(developer at n/a)
If you own an LLC taxed as an S-Corp the IRS requires that you pay yourself a 'reasonable' salary but they refuse to provide specific guidance beyond that. If you pay yourself too low of a salary (and receive a lot of income via dividends taxed at 15%) then they...
Anonymous Member
Anonymous
(Assistant Controller)
I'm the assistant controller of a firm. A new controller has been hired and his wife is our new CPA. Is there an ethical issue here? What risk do I face? Any advice? Help???
Member's Profile
John P. Hart
(Vice Pres - CFO at Nova Pressroom Products, LLC)
We've experienced an increase in accounts switching to Credit Card payment systems using V-Card, P-Card systems. We're talking B2B payments - usually in the $2-5k range, some >$25k. Business is conducted using Purchase Orders, manufacturing (quick turn around),...
Anonymous Member
Anonymous
(Finance Director)
I am wondering how often companies report to the staff the state of the financial position of the company, if at all. I work at a nonprofit and find it very challenging to communicate to our staff the status of our financial position. Most of the staff do not understand...
Anonymous Member
Anonymous
(Personal finance educator)
Hello, I'm looking to increase my skills in financial analysis and a good certification program would work great, in my opinion. Does anyone want to recommend a good one, or give opinion on a specific one? Please note that I can only attend a program in person if it was...
Anonymous Member
Anonymous
(Accounting Manager)
We are considering implementation of one of these software package for bank recons with activity of approximately 2,000 transactions per day. What vendor did you ultimately select and why? We are interested in ease of set up and use as well as the flexibility to add other...
Member's Profile
ron gerhart
(Executive Director at PCC Inc.)
I operate a summer camp from Jul 1 to Aug 11. My fiscal is July1. I send out tuition invoices on March 31 and final payment is due by May 30 for the summer camp, which starts July 1. What date should I post on my billing invoice - March 31, July 1 ?
Anonymous Member
Anonymous
(CFO)
Background: We are a <$50M, privately held C Corp with 70 shareholders. We have 5 layers of capital, with VC money senior preferred. A marketing exercise with bankers showed us that we would not likely get enough via a sale to pay anyone other than the VC's. I.e.,...
Member's Profile
John Olson
Title: Associate
Company: Radius
(Associate at Radius)
By Luigi Nicoletta, Senior Manager, Tax and Global Mobility Since 2012, the largest employers in the United Kingdom have been required to automatically enrol nearly all of their employees in a pension and to make minimum contributions. Over the next several years...
Member's Profile
Wayne Spivak
(President & CFO at SBAConsulting.com)
Reuters (http://reut.rs/1ez4glb) is reporting pay cuts for the CEO and other senior executives as well as saying they will on-board more non-company Board members (especially lawyers and accountants). Is this enough to instill confidence in the marketplace?