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Questions

Anonymous Member
Anonymous
(Sales)
If a company offers rebates, say 5%, based on a customer purchasing a set amount of goods in a year, does the company offering the rebate have to, by law or by GAAC rules, have to...
Anonymous Member
Anonymous
(Director)
Hello and thank you in advance for any help you might be able to provide. As a privately held business owner, I am very intrigued by Warren's view and ability to buy a private...
Anonymous Member
Anonymous
(Customer Relationship Manager)
I save and make businesses money, and do not get paid until any of my recommendations are approved, implemented, and the results are formally documented as credits on bills, or cash in...
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Wayne Spivak
(President & CFO at SBAConsulting.com)
In an old article dated 2014, Brent Beshore lays out his perception of EBITDA and how according to people like Warren Buffet it means absolutely nothing. http://www.forbes.com/sites/...
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Thomas Roberts
(Senior Software Developer at Spearstone, LLC)
Hi, I am the CEO of a start-up and came across your website. We are in talks with a Distributor about selling our product but have many issues concerning giving them Exclusivity for...
Anonymous Member
Anonymous
(Principal Consultant)
For example, suppose there were an excellent opportunity to save a CFO's company a lot of money and boost EBITDA, at a cost set equal to a fixed, small fraction of whatever money...
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Marc Ostroff
(CFO at Atomic Fiction)
Anyone have any experience working with GPS Capital Markets? Good? Bad? Just doing some due diligence before furthering my relationship with them for some currency trading between US...
Anonymous Member
Anonymous
(Tax Manager )
Client's consultant early exercised non-quals and then made an 83(b) election on the shares received (which are restricted/not yet vested) upon exercise resulting in an income...
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Brett Bennett, CPA
(Head of Finance at Bugcrowd Inc)
Wondering what your company's best practices and methods for calculating DSO?  Currently, our company includes unbilled revenue or amounts from sales contracts that have...
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Ernie Humphrey CTP
(CFO at Function Form Staging & Design)
According to a survey of over 600 CFOs: 44% would allocate the funds heaviliy to recruit and retain top talent across the enterprise and process improvements 24% would devote it all...
Anonymous Member
Anonymous
(CFO)
What dollar amount threshold is needed before a PO is required to be generated? If my AP person got her wish there would be a requirement for a PO for every purchase but that would be...
Anonymous Member
Anonymous
(Manager)
Does anyone have experience with Quickbooks Pro vs Premier? We use Pro and were thinking of upgrading, but it seems expensive for the better reports, budgeting, forecasting, etc. Or,...
Anonymous Member
Anonymous
(President)
I enjoyed the discussion on determining an appropriate hourly rate for part-time CFO services, and found it very useful. Thanks to all of you that provided feedback. I pose a new...
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Wayne Spivak
(President & CFO at SBAConsulting.com)
Reuters is reporting that the CEO, CFO & CAO have resigned after an audit found that the financial's were shanghaied. What's your opinion on why these three highly...
Anonymous Member
Anonymous
(Financial Analyst)
I have been working in finance/accounting for more than 5 years but have never seen anything like this before. Was wondering if this is just a co-incidence, laziness, incompetency or...
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Jon Placa
(Director of Finance and Operations at NarrativeDx)
A bit of background: We are a Software-as-a-Services (SaaS) company that recently renewed a client's contract. However, the renewal took place during their current trial period. As...
Anonymous Member
Anonymous
(staff Accountant )
Can anyone provide me with an authoritative answer on reimbursed expenses being reported on a 1099-MISC.
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Ernie Humphrey CTP
(CFO at Function Form Staging & Design)
Here are the results from a survey of over 600 senior finance leaders: Strategic Activities- 66% Leading within & Beyond Finance- 26% Tactical Activities- 7% Attending Meetings- 1...
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Faye S. Creech
(Sr. Accountant II at Builders Mutual Insurance Company)
We have some payments made to both claimant and attorneys for settlements for health claims. It is clear from the IRS website that we send the 1099MISC for the full amount to the...
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Matt Jackson
(Operational Excellence and turnarounds f.. at Jackson Consulting)
I am working with a client that has a cumbersome process for getting new items approved, setup, and communicated to stakeholders. One special requirement is that items need to be...
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