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Anonymous Member
Anonymous
(Director of Finance)
Our employees have to work 40+ billable hours in a week to be paid overtime. Right now we are adding Holiday time into that bucket but not PTO or Admin time. There has been questions as to why not add the PTO time in also. Comments or suggestions?
Anonymous Member
Anonymous
(Corp Controller)
My company entered into a contract w/ a customer who pays their invoice in USD but the functional currency (and expenses borne to service the customer) is Euro. As long as the relationship between the Euro and USD doesn't fluctuate +/- 10% from the rate at contract...
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Jennifer Duff
Title: CFO
Company: MPAY Inc.
LinkedIn Profile
(CFO at MPAY Inc.)
I am looking for ideas on putting together a comprehensive new hire process from the requisition stage all the way through onboarding/orientation. Does anyone have flowcharts or examples they would like to share?
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Anonymous Member
Anonymous
(CFO)
I was reading a related post regarding COGS tracking for a manufacturing company, and was curious about proper tracking of COGS in the food and beverage industry?
Anonymous Member
Anonymous
(CFO)
Any suggestions other than senior accountant or staff accountant?
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Christie Jahn
Title: CFO
Company: Atlantic Wireless Communications
(CFO at Atlantic Wireless Communications)
At what point in your career do you need a title change?
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Anders Liu-Lindberg
Title: Regional Finance Business Partner
Company: Maersk Line Northern Europe
(Regional Finance Business Partner at Maersk Line Northern Europe)
In this last post about disruption for now, we will take a look at the CFO's role in a company in terms of defending against, predicting and creating disruption. The old fashioned CFO Starting with the old type of CFO who is focused on backwards looking financial...
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Robert Kugel
Title: Senior Vice President
Company: Ventana Research
(Senior Vice President at Ventana Research)
In our benchmark research at least half of participants that use spreadsheets to support a business process routinely say that these tools make it difficult for them to do their job. Yet spreadsheets continue to dominate in a range of business functions and processes. For...
Anonymous Member
Anonymous
(Financial Manager)
We are a church that oversees, as part of its complete ministry, a sending Mission Board. This Mission Board is set up to support missionaries administratively and manage their support funding. Donors send support made payable to the mission board for tax purposes. What is...
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Doug Sleeter
Title: President
Company: The Sleeter Group, Inc.
(President at The Sleeter Group, Inc.)
Running a successful business is no easy feat. Planning and projecting will only get you so far, and after a while, you’ll need to grow, learn and adapt in order to achieve continued success. In my years of starting and running a business, working with small business...
Anonymous Member
Anonymous
(Financial Analyst)
Hi all, Kindly assist on the correct treatment of directors loans on the balance sheet. Do we present it under short term or long term liabilities?
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Dan English
Title: Corporate Controller
Company: Larson-Juhl US LLC
(Corporate Controller at Larson-Juhl US LLC)
We are an LLC. The PE group owns 49% and the majority owners are going to buy out their interest for $40m using bank debt. Net total equity of the company is $10m. At the end of the day the bank debt will be pushed down to the companies books. Can you help with the journal...
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Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
Many of us have had to make loans to our employees. Whether its short-term (a weeks advance on payroll) or longer-term, how do you handle them? Do you charge interest and at what rate? Do you have them sign promissory notes? Do you do a payroll deduction (which may or may...
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Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
I have yet to reconcile these expenditures which belong to the landlord with GAAP requiring capitalization. If you are dealing with a Lender or Creditor, first thing they do is discount the entire amount from your assets and any calculation based on your assets. Then why...
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Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
Does this encourage you to invest? Is their flagging economy and quality control issues still a deterrent to you for that investment? What's on your horizon?
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Michael Goldberg
Title: Chief Financial Officer
Company: MG Financial
(Chief Financial Officer at MG Financial)
We are an educational software development start up company that is developing a library of digital assets that will are planning on minimally customizing and reselling with for other clients. Should the cost of the build of the initial product be capitalized and amortized...
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Doug Sleeter
Title: President
Company: The Sleeter Group, Inc.
(President at The Sleeter Group, Inc.)
From time to time, practitioners ask me my opinion about partnerships – specifically, should they enter into a partnership arrangement with another CPA or accountant? I think there are definite plusses when it comes to partnering up with someone else, whether it is...
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Samuel Dergel
Title: Director - Executive Search
Company: Stanton Chase International
LinkedIn Profile
(Director - Executive Search at Stanton Chase International)
Dear CEO, I noticed in the news that the CFO you hired with big fanfare only a couple of months ago has left. Your press release quoted your recently new and currently past Chief Financial Officer saying that he is returning to his previous employer because the role is too...
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Jenna Alcantara
Title: Bookkeeper
Company: Nick&susie
(Bookkeeper at Nick&susie)
My family has a very small rental business and uses quickbooks 2015 for the bookkeeping. We have book keeper in one state, an a accountant in another. I'm wondering if the multi user will work for us or if we need the online package? Thank you.