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Member's Profile
Rich Welch
Title: CFO
Company:
(CFO)
I’m CFO of a ~100 person private company and am not terribly happy with my 401k provider. Their response is slow and their 401k management systems are sorely lacking. I want to put our 401k business out to bid. Anyone have any recommendations of 401k service...
Anonymous Member
Anonymous
(Director, International Finance)
We have a number of customers in Argentina that have overdue royalty invoices to our US company. Given the current currency regulations in Argentina, these customers are unable to send money out of country. One optoin we were given involves buying dollar-denominated bonds...
Member's Profile
Alan L
Title: developer
Company: n/a
(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...
Member's Profile
Bryan Frey
Title: VP Finance/Corp Controller
Company:
(VP Finance/Corp Controller)
The EDD just hit me with an Employment Tax Audit. In my 15+ years of being a CFO at 5 companies I've never had one of these. What should I expect? How should my team and I prepare? Any lessons learned would be greatly appreciated.
Member's Profile
Tom Sheppard
Title: President
Company: The Sheppard Group
(President at The Sheppard Group)
This isn't a question I have had to deal with n few years and it seems to have changed, I am working with an early stage consumer products company, that has established a brand for themselves in their industry. In reviewing their books they are amortizing their...
Member's Profile
Leslie Karnauskas
Title: CFO
Company: BMGI
(CFO at BMGI)
I am trying to find out what the standard finders fee might be for fund raising in the range of $1M to $5M. Can anyone tell me what current market rates for fees might be please. Thanks!
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...
Member's Profile
Paul Shapiro
Title: Consultant
Company: Paul G. Shapiro, CPA
(Consultant at Paul G. Shapiro, CPA)
My company recognizes revenue monthly on a recurring revenue basis. A customer is ending their contract early and buying out their remaining term (all in 2012) at a discount. Since no additional services will be provided, can I recognize all of the revenue in 2011?
Member's Profile
Andrea Bornschlegel
Title: VP, Finance & Administration
Company: Cloudmeter, Inc.
(VP, Finance & Administration at Cloudmeter, Inc.)
Two-part question/discussion about being a CFO/Controller without a CPA, primarily from the small/private company perspective:   1)  Besides bulletins from/consultations with your external accountants (and Proformative discussion boards), any other key...
Anonymous Member
Anonymous
(VP, Controller)
Our workers comp insurance company is stating that we should be charged workers comp insurance for independant contractors, who receive a 1099, if they do not provide proof of having their own workers comp policy coverage.  Is anyone else experiencing this?...
Member's Profile
Mike Larkin
Title: CFO
Company:
(CFO)
Commissions paid to distributors for sales made by the company to end users in the distributor's territory. Is a COGS (or debit to Sales) or a Selling expenses (SG&A)  
Member's Profile
Paul Cunningham
Title: VP of Finance & CFO
Company:
(VP of Finance & CFO)
An LLC member that put cash into the company originally as debt is now going to convert the debt to member units. I need to prepare a white paper in the event the IRS shows up to prove there is no cancellation of debt tax effects for that member. I have prepared a valuation...
Member's Profile
Scout Young
Title: CFO
Company: Private
(CFO at Private)
Effective cost reduction ideas needed.
Member's Profile
Christopher DeVine
Title: Accounting Manager
Company: Jones Lang LaSalle
LinkedIn Profile
(Accounting Manager at Jones Lang LaSalle)
Anyone have any thoughts on this new FP&A analyst certification?  I'm a little confused to the intent as IMA offers the CMA which tests Financial Planning along with other management accounting skills.  Thoughts?
Member's Profile
Gary Eldsman
Title: CFO
Company: Private
(CFO at Private)
What are good questions to ask a tax accountant when interviewing them?  What are the best ways to determine if they are right for the job?
Member's Profile
Matt Dawson
Title: CFO
Company: Dcs
(CFO at Dcs)
Hi.  Does anyone have a good template for doing "all in" employee costing?  In order words, pay rate, burden, office space, equipment, etc.? 
Anonymous Member
Anonymous Member
Member's Profile
Brett Bennett
Title: Controller
Company: Demandbase
(Controller at Demandbase)
Our company currently factors in unbilled revenue or contracts that have been signed but no revenue incurred yet in our calculation of DSO. Are these appropriate DSO calculation methods? We also only invoice customers at month end, so in calculating DSO percentages during...