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Questions

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 compensated...
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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
(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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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/...
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...
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...
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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...
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
(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...
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
(Principal)
We have a PE firm asking for a "quality of earnings" report or analysis. Is their a standard form or template for this?
Anonymous Member
Anonymous
(Sr. Legal Assistant)
I am in the state of California and I would like to know whether it is lawful for a company to change the payroll cut off days for nonexempt employees to accommodate the staff...
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Chris Shumate
(Corporate Accountant at Empire Corporation of Tennessee, Inc.)
I am curious, I have a sort of education-a-holic type thing going on where I continue to want to gain more knowledge. I am working toward my CPA currently. My ultimate goal is to...
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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 a...
Anonymous Member
Anonymous
(Vice President of Finance and Administra..)
I am involved in a start-up healthcare company on the peninsula (Menlo Park). Currently it's a single member LLC which will go to a partnership relatively soon. We are still in the...
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...
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Sara Voight
(Controller at Critical Signal Technologies, Inc)
What are the best programs to get employees involved and engaged at/with work? Or is it even reasonable to expect engagement type programs really work? We have various departments with...
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