Accounting

Member's Profile
Sharon Desser
Title: Director of Finance and Human Resources
Company: Brightidea, Inc
(Director of Finance and Human Resources at Brightidea, Inc)
We are considering changing our Fiscal Year End from Dec 31 to Jan 31. Can I poll the community for the Pros and Cons?
Member's Profile
Vijay Srinivasan
Title: Consultant
Company: Al Ahli Group
(Consultant at Al Ahli Group)
Can anyone provide me with comprehensive Finance & Accounting Manual or Policies & Procedures/ Standard Operating Procedures (SOP's). I would be grateful if someone can...
Member's Profile
Chris Shumate
Title: Corporate Accountant
Company: Redline Contract Services, LLC
(Corporate Accountant at Redline Contract Services, LLC)
According to what I have found in the U.S. Master Tax Guide for 2014, it says that documentary evidence is not generally required for expenses that are less than $75. We have a policy...
Member's Profile
Bryan Frey
Title: VP Finance/Corp Controller
Company:
(VP Finance/Corp Controller)
Confusing, I know. The story is that my company books many service deals. Some are collectible before services have been rendered, some after. So the revenue recognition is separate...
Member's Profile
Doug Sleeter
Title: President
Company: The Sleeter Group, Inc.
(President at The Sleeter Group, Inc.)
  A client recently called our office and told us he had a 680 FICO credit score and because of this, he wasn’t qualified for a Small Business Association (SBA) loan. This...
Member's Profile
Doug Sleeter
Title: President
Company: The Sleeter Group, Inc.
(President at The Sleeter Group, Inc.)
  There should be no doubt among accounting professionals that cloud solutions and web-based applications are changing how we all do business. Those avoiding Facebook, Twitter,...
Member's Profile
Jean Chidley
Title: CFO
Company:
(CFO)
Is anyone aware of an accounting policy statement supporting treatment of credit card fees as an offset against revenue (e.g., cost of services sold) as opposed to an operating...
Member's Profile
Srini Janaswamy
Title: Director of Finance
Company: CounterPath Corporation
(Director of Finance at CounterPath Corporation)
Hi there, I work for a SaaS company and we are capitalizing development costs in line with ASC 350-40. Could some one please direct me to some material and/or literature that deals...
Anonymous
(Accounting Supervisor (CPA))
How do you account for significant post-implementation expenses designed to increase functionality? Had these expenses been incurred during the development phase, they certainly would...
Member's Profile
Dave Key
Title: Managing Director
Company: Cloud Strategies
(Managing Director at Cloud Strategies)
Why are high growth Subscription companies often unprofitable?  High-growth recurring revenue-based companies are often unprofitable, yet financial institutions value them highly...