Accounting

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C Marie
(Owner at Self Employed)
I am a CPA accounting for a development project. The project will receive payments from the County Government for 20 years as an incentive to build their under a Brownfield Development...
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Wayne Spivak
(President & CFO at SBAConsulting.com)
Do you use them? When (what time of year)? Why (activity)? And where do you find them? Do you ever hire them full-time? And finally, what has been your overall experience?
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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...
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Anders Liu-Lindberg
Title: Regional Finance Business Partner
Company: Maersk Line Northern Europe
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(Regional Finance Business Partner at Maersk Line Northern Europe)
I’ve been talking a lot about why finance business partners are the new black in Finance lately. Every transformation effort in the finance function is aimed at empowering these...
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Wayne Spivak
(President & CFO at SBAConsulting.com)
How do you keep tabs on the decision making on what is and isn't material? What litmus test or tests do you use? Are there different values for different possibilities?
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Anonymous
(VP)
What will be the best way of handling both receipt and disbursements of revenue collected on behalf of a clients.
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Anonymous
(Accountant)
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Anders Liu-Lindberg
Title: Regional Finance Business Partner
Company: Maersk Line Northern Europe
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(Regional Finance Business Partner at Maersk Line Northern Europe)
First of all I have nothing against accountants and once or twice I have been called one myself. However, in today’s business environment and with the current trends in Finance...
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Andre Solomon
(Interim/Contract Chief Financial Officer at Your BottomLine CFO )
If a company lays off an employee and the employee signs a severance agreement that allows him to receive his salary for another six months. Does the company have to recognize the...
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Wayne Spivak
(President & CFO at SBAConsulting.com)
A recent article in CFO.com states auditor with real-life experience (not in public) who then return to public make better audtiors. Not only does this make basic sense, but are we...
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Tammy Corley
(AP Supervisor at Weir SPM )
Should this practice be allowed? I say absolutely not. The processor and Supervisor hats cannot be worn by the same person.
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Sara Voight
(Controller at Critical Signal Technologies, Inc)
Our process is to take incomming invoices and match them up with approved PO's and Receivors/Packing Slips before inputting into our accounting system. This is all done...
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Anonymous
(Manager)
2014 - no accrual booked 2015 - bonus paid for 2014 performance
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Anonymous
()
The parent has sold an asset classified as AUC to the subsidiary. To record the sale the parent should post the following : Dr Receivable 720 Cr Revenue 600 Cr VAT 120 Dr CoS 585 Cr...
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Gaelekane Mohale ACPA, ACCA,..
(Revenue Accountant at BOCODOL)
Where the company receives an insurance claim for faulty work done during construction of a building, for example, the heating and cooling system need to be redone. Where the claim is...
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Anonymous
(Director, International Finance)
Struggling to come up with the proper revenue recognition for our revenue share arrangements. We sub-license our franchise rights to initial customers. These initial customers then...
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Biljana Majstorova
(TLA at FMCG)
Hi all, We purchased a production machine which is still on AUC. The acceptance test is still not commenced, due to a contractual term that the acceptance test will be signed when the...
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Accounting Professional
(VP of Accounting at Anonymous)
Our HR department is taking the position that our Company's stock option environment has become too complex. It used to be fairly straight forward, they were generally all non-...