Treasury

Member's Profile
GA SU
Title: General Accountant
Company: TMS
(General Accountant at TMS)
Hi, I would like to know if anyone has any advice. We had expense incurred in December but I received the actual bill [invoice] from supplier end of January. If I enter the expenses as...
Anonymous Member
Anonymous
(Consultant)
Valuation of balance sheet accounts when preparing foa an asset purchase presents unusual dynamics under percentage of completion accounting for long term projects.
Anonymous Member
Anonymous
(Controller)
For example: The Equity total of the subsidiary is $1M, at $200K Common Stock, $700K Retained Earnings and $100K in Currency Translation Adjustment. The parent owns 60% and the NCI...
Anonymous Member
Anonymous
(Global FM)
Our company is a private company, it has online sales in the US, for now, all transactions go through our PayPal US dollar account and the US subsidiary recognize the sales. But we now...
Anonymous Member
Member's Profile
Krista Mann
Title: Vice President and Chief Financial Offic..
Company: Uptake Medical Corp
(Vice President and Chief Financial Offic.. at Uptake Medical Corp)
The US parent company has a wholly-owned, foreign subsidiary who is providing sales and customer service in Europe.  We have an intercompany service agreement in place...
Member's Profile
Cynthia Hendrix
Title: Owner
Company: Abri Services
(Owner at Abri Services)
Do I record these as COGS or are they considered a Banking Expense?
Member's Profile
Chris Shumate
Title: Corporate Accountant
Company: Redline Contract Services, LLC
(Corporate Accountant at Redline Contract Services, LLC)
Companies that practice cash pooling are likely to benefit by keeping positive balances in accounts that end up going negative from time to time due to the timing of cash flow. Banks...
Member's Profile
Stephen Helfrich
Title: CFO/Consultant
Company: In Transition/Consulting/Interim CFO
(CFO/Consultant at In Transition/Consulting/Interim CFO)
I recently started working for a company that has a Mexican Mequilladora operation and they have not been correctly implementing FAS 52 as it applies to financial statement translation...
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...