Treasury

Anonymous Member
Anonymous
(xxx)
I have a deposit made at the bank on the last day of the month and the corresponding accounting entries are made on our books (Dr Bank Cr AR). However the bank has not made the funds...
Anonymous Member
Anonymous
(Sr. International Accountant)
If our foreign entities functional currency is local currency, we use the currency rate method to translate the foreign entities FS from LC to USD reporting currency. For BS we use EOM...
Member's Profile
Event Questions
Title: Event Questions
Company: Proformative
(Event Questions at Proformative)
This question was asked during the Proformative webinar "Key Elements of a Successful Hedge Program."  A video of the webinar can be viewed here: http://www.proformative...
Anonymous Member
Anonymous
(Director of Finance)
When calculating normalized EBITDA for bank covenants or valuation, do you exclude FX gains or losses? Situation: US corporate sells in Mexico and Canada and sales and receivables are...
Anonymous Member
Anonymous
(Controller)
We're considering have our bank issue a LOC for a new lease where we don't want to pay the large security deposit. All of the guidance I find is related to the bank/guarantor...
Member's Profile
Nelson Rodriguez
Title: Vice President
Company: Crestmark Bank
(Vice President at Crestmark Bank)
I wanted to get opinions from commercial banking BDO's and sales reps.  Does cold calling work in this business?  If so, any good books or programs out there that cater...
Anonymous Member
Anonymous
(Assistant Controller)
I've noticed more and more vendors who "require" that we pay them by credit card or ACH payment, in which we are required to give our bank account information for them to...
Anonymous Member
Anonymous
(Finance Director)
Hi, our company is setting up an Indian sub and needs to choose a bank to run monthly operating expenses/payroll through (1 wire a month) and keep a minimal balance other than that....
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...