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Q&A Forum

Financial Analysts vs Data Scientists - Darwinism In Action?

Event Questions
Title: Event Questions
Company: Proformative
(Event Questions at Proformative)
  "Do you believe that data scientists will slowly supplant traditional finance roles (e.g. Financial Analyst) in most organizations?" This question was asked at a...
1462 Views | 1 Answers/Comments

Everything Old is New Again: Big Fat Phones and Desktop QuickBooks in the Cloud

Joanie Mann
Title: Principal Consultant
Company: Cooper Mann Consulting
LinkedIn Profile
(Principal Consultant at Cooper Mann Consulting)
Everything Old is New Again: Big Fat Phones and Desktop QuickBooks in the Cloud Every year that passes leaves some reminder of the time – some person or occurrence which t...
4962 Views | 1 Answers/Comments

Which accounting software is most useful and easiest for SMBs to use?

Anonymous
(CFO)
11421 Views | 32 Answers/Comments

How to get my boss fired?

Anonymous
(Controller)
Let me first say that I really enjoy my job and feel committed to the company I work for and the people I work with. I've been here for a couple of years. About 4 months ago they hi...
11418 Views | 30 Answers/Comments

World Class Forecasting Benchmarks

Event Questions
Title: Event Questions
Company: Proformative
(Event Questions at Proformative)
"Does anyone have "world class" benchmark results for forecast accuracy or know where I might find some?" This question was asked at a recent webinar, now availa...
1988 Views | 1 Answers/Comments

Ocean freight bill audit and payment

Anonymous
(Certified Public Accountant )
We are looking to automate our process for reciving and processing invoice for ocean freight. There are several software options but does anyone have experience of this - in particular ...
1256 Views | 1 Answers/Comments

Payroll processing....

Ken Bozzini
Title: CFO
Company: DaBoz & Associates
(CFO at DaBoz & Associates)
We are a private company with 55+ employees with 1 employee in OR. We have a 401k and FSA, and use payroll to track PTO. We currently use ADP, along with its tax filing services...
4119 Views | 15 Answers/Comments

how do I account for a loss of asset

Judy Gardner
Title: NA
Company: NA
(NA at NA)
Company had fixed asset vehicle that was wrecked and totaled by insurance company. Received payment that was equal to book value. Do I debit Accumulated Depreciation and credit fixed as...
787 Views | 2 Answers/Comments

Politics and Taxes - Why call for abolishing the IRS?

Annette Nellen
Title: Professor
Company: San Jose State University
(Professor at San Jose State University)
  We now have two presidential candidates who promote abolishing the IRS - Senator Ted Cruz and Senator Rand Paul. (For example, see Christian Science Monitor of 3/25/15 on ...
1442 Views | 7 Answers/Comments

Need Feedback on Moving Production to Mexico

Anonymous
(CFO)
One of my clients has asked me to assist them in evaluating the benefits of moving their production from Orange County CA to nearby Tijuana Mexico, perhaps using a Maquiladora "She...
1365 Views | 3 Answers/Comments

Feedback on the PEO Insperity

Anonymous
(vp hr)

Has anyone worked with the PEO Insperity? Will you share your experience with us? Thanks

1665 Views | 6 Answers/Comments

Upgrading Accounting software, considering ERP for future scalability, any recommendations?

Carla Salazar
Title: Chief Financial Officer (CFO)
Company: Crafts Americana Group, Inc.
(Chief Financial Officer (CFO) at Crafts Americana Group, Inc.)
We currently use Great Plains version 10. It served us well but would like a package built on new technology, on the cloud, reliable and secure. At this point I would like to replace ou...
1609 Views | 7 Answers/Comments

Top 25 Accounts Payable Best Practices

Julie Gilmore
Title: Auditor
Company: Broniec Associates
(Auditor at Broniec Associates)
When you hear the term “audit”, it tends to have a negative connotation. The fact of the matter is, an accounts payable audit is a process that can have very positive busine...
10507 Views | 6 Answers/Comments

Qualified Opinion - what now?

Anonymous
(Board of Directors, Audit Committee Chai..)
We may be issued a qualified opinion on our audited financials this year. We are opting to do this as we do not agree with the treatement of a specific item. We don't have much hear...
5194 Views | 4 Answers/Comments

Demanding Customers: Why You Should Cherish Each One

Ernie Humphrey CTP
Title: CEO & COO
Company: Treasury Careers
LinkedIn Profile
(CEO & COO at Treasury Careers)
It is human nature to want everyone we deal with to be happy, and to avoid and dismiss those who truly challenge us. In business, this can be a huge inherent barrier to innovation and m...
824 Views | 0 Answers/Comments

Strategy + Cost Reduction = Cost Optimization

Jennifer Eversole
Title: Partner & Knowledge Enthusiast
Company: Management Stack, LLC
LinkedIn Profile
(Partner & Knowledge Enthusiast at Management Stack, LLC)
Revenue – expenses = net income. It doesn’t take a math wiz to understand that reducing expenses increases net income, at least in the short term. But cutting the wron...
1670 Views | 2 Answers/Comments

Growing through Productivity Increases

Regis Quirin
Title: Director of Finance
Company: Gibney Anthony & Flaherty LLP
LinkedIn Profile
(Director of Finance at Gibney Anthony & Flaherty LLP)
Productivity is an economic concept that is discussed in the press quite often.  Increases in productivity occur when the quantity of inputs declines, to produce a measure of outpu...
1240 Views | 2 Answers/Comments

I am interested in the size of a traditional finance (CFO org) team in a $250M +/- public company? We have approx 50 Worldwide excluding order managment, IT functions which report to CFO but are not traditional "finance"

Anonymous
(VP Business Operations)
812 Views | 2 Answers/Comments

How do you book pledges that the donor has cancelled?

JUDY BROWN
Title: Chief Financial Officer
Company: Regional Youth Services, Inc. dba FAMILY..
(Chief Financial Officer at Regional Youth Services, Inc. dba FAMILY..)

We had a capital campaign drive. Employee who pledged an amount has resigned and rescinded their pledge.

732 Views | 3 Answers/Comments

A CFO Success Story: Ken Goldman, CFO of Everbridge

Samuel Dergel
Title: Director - Executive Search
Company: Stanton Chase International
LinkedIn Profile
(Director - Executive Search at Stanton Chase International)
This following is from an interview with Ken Goldman, recently hired as CFO of Everbridge, as announced in CFO Moves. This interview was edited for clarity. SD: Ken, congratulations ...
953 Views | 0 Answers/Comments

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