Accounting

Member's Profile
Allan Kaplan
(CFO at Euclid Systems Corporation)
Looking for opinions - do you include the freight charges passed through to customers as top line revenue, or as a reduction of your cost of goods sold? Thanks.
Member's Profile
Member's Profile
Anders Liu-Lindberg
Title: Regional Finance Business Partner
Company: Maersk Line Northern Europe
LinkedIn Profile
(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...
Member's Profile
Kee Johnson
(self at self)
New to accounting packages, but I am self employed with several legal entities (SCorp, LLC, personal). In setting up desktop quickbooks, would each entity have a separate chart of...
Anonymous Member
Anonymous
(Controller and HR Director)
How do you account for receiving rent from a tenant renting a few rooms from you? You maintain the original lease and are only sub-renting. What is the GAAP rule? Is it recorded as...
Member's Profile
David Smith
(Manager at Private)
Member's Profile
Anders Liu-Lindberg
Title: Regional Finance Business Partner
Company: Maersk Line Northern Europe
LinkedIn Profile
(Regional Finance Business Partner at Maersk Line Northern Europe)
The Finance function is undergoing a rapid change like everything else in business. In order to maintain its relevance, not only as a stand-alone function, but also as a part of...
Member's Profile
Herbert Wong
(Director at Glendowie)
We bought and took over a company on 30 November last year. Its balance date was 31 December 2014. The audit had just completed. My Director is not comfortable to sign the 2014...
Member's Profile
Mary Driscoll
Title: Senior Research Fellow
Company: APQC
(Senior Research Fellow at APQC)
By Mary Driscoll, senior researcher at APQC and a regular blog contributor to www.proformative.com APQC is conducting research on why big companies are squeezing their small suppliers...
Member's Profile
Mark Koch
(Controller at Turtle Beach)
Controller with a $200M Revenues company that sells consumer electronics to all major national retailers. Accounting team is struggling from frequent payment deductions on customer...
Anonymous Member
Anonymous
(President)
I currently show a revenue line on my income statement line for "Vendor rebates." I see GAAP guidance that VENDORS should record rebates as a reduction in their sales prices...
Member's Profile
Regis Quirin
Title: Director of Finance
Company: Gibney Anthony & Flaherty LLP
LinkedIn Profile
(Director of Finance at Gibney Anthony & Flaherty LLP)
Following is a letter that was forwarded to the Securities and Exchange Commission, in response to a request for comment, regarding the Pay vs. Performance proposal. June 24, 2015...
Member's Profile
Joan Green
(VP Finance at National Counseling Group)
We are a healthcare provider and I am looking for ratios - either # of staff or % of revenue that should be spent on billing and collecting. We are reorganizing from decentralized to...
Member's Profile
Alexey Poverinov
(CEO at Alexey)
Hello, I'm thinking of moving outside of the US to live with my family. My LLC is currently set up in the US and I have the following questions: 1. Can I set up my company in Hong...
Member's Profile
Matthew Gallatin
(CFO at ShareThis, Inc.)
Has anyone used any 3rd party applications to integrate Quickbooks data with Salesforce?  Our company is a heavy user of Salesforce to track pipeline, opportunities and wins....
Anonymous Member
Anonymous
(CFO)
I have a controller who has been the top accounting person for 25+ years. She is very loyal, hardworking and most of the time detail oriented and yet she is an absolute disaster for me...
Member's Profile
Dan English
(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...
Member's Profile
Deanna Miller
(Chief Financial Officer at Professional Plumbing Group)
Has anyone had a positive experience outsourcing credit and/or collections? My gut feel says this is too linked to the customer experience to work, but I need more than gut feel to...
Member's Profile
Michelle Sanders
(Controller at Benefit Services of America)
We have ongoing projects for internally developed software. We have never retired any of our fully amortized assets. Trying to figure out the best way, no actually trying to identify...
Member's Profile
Anders Liu-Lindberg
(Regional Finance Business Partner at Maersk Line Northern Europe)
Earlier this week I published a blog (http://www.proformative.com/blogs/anders-liu-lindberg/2015/06/13/why-accountants-are-threatened-species#comment-26333) about how I saw a trend of...