Balance Sheet

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Dan Ryan
(CFO at Privately held)
We have recently gone through a restructuring that resulted in a number of write-offs of assets and taking charges for the estimated cost of transition of certain employees. Are these...
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Ronald Pressler
(Senior Accountant at in-between)
I am looking for budgeting and forecasting guidance on how to budget an income statement, balance sheet and prepare a cash forecast. I just started my job and need to put together...
Anonymous Member
Anonymous
(Financial Analyst)
Hi all, Kindly assist on the correct treatment of directors loans on the balance sheet. Do we present it under short term or long term liabilities?
Anonymous Member
Anonymous
(Advisor)
So if I pay my suppliers with a purchasing card (Visa/MC/AMEX) how is that payment treated? Meaning if it is considered a “trade receivable” and millions of dollars are...
Member's Profile
Patricia Shepherd
(VP Finance/CFO at XAware, Inc.)
I have a quick question I'm hoping someone can assist me with.  We had paid a security deposit to our landlord many years ago.  This was booked on the balance sheet...
Anonymous Member
Anonymous
(Student)
I was wondering if you could help me out with a financial statement question for a possible job interview? My question is if you were a bank and a company was trying to borrow money...
Anonymous Member
Anonymous
(Sr. International Accountant)
They should go to other comprehensive income (PL) account. Right? our funcational currency is USD . Thanks for any guidance.
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Anonymous Member
Anonymous
(Senior Director)
Hello, Our Company is in the process of enhancing our bookkeeping and accounting processes. Historically, we have done pro forma bookings and income projections in excel, but now we...
Member's Profile
Bryan Frey
(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
Chilufya Ng'onga
(accounts intern at eclof zambia)
I have got a situation here. My balance sheet and trial balance are balancing well. But there seems to be a problem with the cashflow statement. I believe the foreign currency...
Anonymous Member
Anonymous
(Controller)
I worked for a privately held company which is a subsidiary of a foreign company. Currently on the balance sheet there is a bug liability on the books (due to the parent) which is...
Anonymous Member
Anonymous Member
Anonymous
(CFO)
My company has a rather strong balance sheet - a few hundred million in inventory and receivables - with a good track record of turning those into cash. We also have strong public...
Member's Profile
Michelle Hall
Title: Consultant
Company: RoseRyan, Inc.
(Consultant at RoseRyan, Inc.)
I have always been active in sports, but as I grow older, I’m starting to experience a few aches and pains. It has made me reflect on the need for an often-ignored element of...
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Thomas Sabath
(Controller)
Where is the proper place on the Balance Sheet for the GL account of Factored Receivables. Contra-Receivable or Short Term Lilablity?
Anonymous Member
Anonymous
(CEO)
I'm showing Treasury Stock on Balance Sheet, which will retain shares, and buyback options. Should these be two separate ledgers? Should I include in my projections some shares being...
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Bryan Frey
(VP Finance/Corp Controller)
How receptive have you found your boards to pro forma reporting in their board reports?
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Davis Wright Tremaine
Title: Law Firm
Company: Davis Wright Tremaine
(Law Firm at Davis Wright Tremaine)
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Steve Zimmerman
Title: Managing Director
Company: Chapman Associates
(Managing Director at Chapman Associates)
Almost two-thirds of privately-held or family-owned business owners fail to formally plan their exit strategy.  The results further reinforce the owners’ failure to plan....