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Member's Profile
Ben Chang
Title: Director of Finance and Accounting
Company: Transportation & Logistics
(Director of Finance and Accounting at Transportation & Logistics)
I have recently moved to a small business (less than $20m in revenues) and am use to seeing bank covenants use trailing 12-month earnings (EBITDA) as a measure for leverage and debt service. However, our current covenants are using tangible net worth to measure leverage. I...
Anonymous
(CEO/CFO)
I was contacted by a company called Execreps, which is essentially a talent agency for corporate execs. To wit, if you are a CFO and want to get on to corporate boards, they will help you find those positions, get the inside track through their connections/reach, and then...
Member's Profile
Wayne Spivak
Title: President & CFO
Company: SBA * Consulting LTD
LinkedIn Profile
(President & CFO at SBA * Consulting LTD)
Which may be good news for those of us looking for our new home. This according to an article on CFO.com. John Touey writes "The problem is this: The gaps between organizational levels have widened to the point where it’s difficult for many companies to promote...
Member's Profile
Wayne Spivak
Title: President & CFO
Company: SBA * Consulting LTD
LinkedIn Profile
(President & CFO at SBA * Consulting LTD)
Most of our monetary policies we have today can be traced back to actions taken by Alexander Hamilton, our first Secretary of the Treasury (and father of the US Coast Guard). Bitcoin supplants, from my understanding, central banks, FX exchanges and such. What do you think,...
Member's Profile
Greg Kading
Title: Principal
Company: Gregory Kading LLC
(Principal at Gregory Kading LLC)
I've seen recommendations to use the Class field on all transactions, but unsure how that would work with intercompany transactions and eliminations.  Does anyone have experience with subsidiary companies within QB with billing back and forth between the parent...
Member's Profile
AJ Jem
Title: Sr. Accountant
Company: not disclose
(Sr. Accountant at not disclose)
Our company received an insurance invoice at Jan 2014 for period covering Feb 2014 - jan 2015. we're in March 2014 but we were short in cash so we didn't pay the invoice yet (yes it's over due). We know it's an obligation and we'll need to pay for it but...
Member's Profile
syed abid saeed
Title: manager accounts
Company: t ent pvt ltd
(manager accounts at t ent pvt ltd)
I am working as a Manager Accounts and using quick-books enterprise solution 12 R. We have more Five projects at the moment under one company (i.e. XYZ pvt ltd.), and want to manage all project from this company, that each project have its own customize financial statements...
Member's Profile
Christie Jahn
Title: CFO
Company: Atlantic Wireless Communications
(CFO at Atlantic Wireless Communications)
The word on the street is that companies will face in excess of 20% increases in health care over the next two years. This has started a look into alternate health care options. When I worked for a school district several years ago we were self funded. This options has...
Anonymous
(Partner)
We are a small business. We have just received a renewal quote for a medical insurance from a major carrier. The costs went up 47%. Additional, the cost will vary by each participant (takes into consideration age and a number of dependents). Is this consistent with your...
Anonymous
(CFO)
My company knows I'm planning on retiring in the near future, and they've indicated they want to go ahead and start looking for my replacement. They would like to find someone who would be willing to work directly under me (essentially shadowing me) for one to two...
Member's Profile
Regis Quirin
Title: Director of Finance
Company: Gibney Anthony & Flaherty LLP
LinkedIn Profile
(Director of Finance at Gibney Anthony & Flaherty LLP)
Simply stated, there are three types of employees - "over achiever," "under achiever," and the dreaded "happy in the middle" - -"Over-Achiever" - This individual should be recognized as potential future management. This person can be...
Member's Profile
Allan Eisenberg
Title: Dr.
Company: On call
(Dr. at On call)
For many years company has clear policy of paying accrued vacation in cash when an employee leaves. January 2014 regardless of reason for departure an employee leaving will cash out all accrued and unused vacation. January 15 company announces a new vacation plan goes into...
Anonymous
(vp hr)
Has anyone worked with the PEO Insperity? Will you share your experience with us? Thanks
Anonymous
(President)
My sales director is moving to another city and wants to continue selling as an outside contractor. Since he is going from employee to independent contractor, will I have a problem if he receives a W-2 and a 1099 from us for 2014?
Member's Profile
Regis Quirin
Title: Director of Finance
Company: Gibney Anthony & Flaherty LLP
LinkedIn Profile
(Director of Finance at Gibney Anthony & Flaherty LLP)
Background - Effective July 1, under the Foreign Account Tax Compliance Act ("FATCA"), payments made to foreign entities may be subject to a 30% withholding. While there are exclusions, the place to start is to obtain a completed Form W-8BEN-E from the foreign...
Member's Profile
Huyen Ngo
Title: Senior consultant
Company: PricewaterhouseCoopers
(Senior consultant at PricewaterhouseCoopers)
The brokerage company (securities company) has fluctuated income from service fee, margin lending, term deposit, proprietary trading (bond, stock, etc), so how to prepare a cash flow forecast especially for income? should it perform rolling cash flow forecast? and how long...
Member's Profile
Richard Rafdahl
Title: President - Purchasing Consultant.
Company: Cost Reduction Specialists Inc. ----847..
(President - Purchasing Consultant. at Cost Reduction Specialists Inc. ----847..)
Now that revenues are increasing and many businesses are on more solid financial footing, are we taking our eye off of expense management? Curious what your thoughts are since it seems that the pendulum has swung from revenue growth in 2008 as a top priority to a "lean...
Member's Profile
Huyen Ngo
Title: Senior consultant
Company: PricewaterhouseCoopers
(Senior consultant at PricewaterhouseCoopers)
The brokerage company (securities company) has fluctuated income from service fee, margin lending, term deposit, proprietary trading (bond, stock, etc), so how to prepare a cash flow forecast especially for income? should it perform rolling cash flow forecast? and how long...
Member's Profile
Annette Nellen
Title: Professor
Company: San Jose State University
(Professor at San Jose State University)
  The complexity of completing one's federal and state income tax returns is not necessarily tied to one's income level. One of the more complex federal tax rules is the Earned Income Tax Credit (EITC) for low-income workers. Could the individual income tax...