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Q&A Forum

Where do you see the biggest cost and efficiency gains from moving to the cloud?

Event Questions
Title: Event Questions
Company: Proformative
(Event Questions at Proformative)
This question was asked by an attendee during the Proformative webinar "The Evolving Role of Finance Leaders: Owning Technology" held on November 14, 2012.  A video of th...
1893 Views | 2 Answers/Comments

Puzzles, Mysteries, and Big Data

Randall Bolten
Title: CEO
Company: Lucidity
LinkedIn Profile
(CEO at Lucidity)
Last week I led a workshop on management reporting at the IMA Northern Lights Council’s annual seminar in Minneapolis. While there, I had the opportunity to sit in on se...
598 Views | 0 Answers/Comments

unlimited PTO

Anonymous
(Accountant)
If my company replaces earned vacation with an unlimited PTO policy, will there be any income statement impact? We won't be accruing any vacation expense and we won't have to pa...
7258 Views | 20 Answers/Comments

ERP software that manages inventory by length

Len Green
Title: Performance Improvement Consultant and E..
Company: Haygarth Consulting LLC
LinkedIn Profile
(Performance Improvement Consultant and E.. at Haygarth Consulting LLC)
If you can recommend ERP software that specifically manages inventory using length units of measure (in addition to other units of measure), please let me know. This would be relevant t...
2272 Views | 4 Answers/Comments

How To Get Ahead In Accounting

Event Questions
Title: Event Questions
Company: Proformative
(Event Questions at Proformative)
  "What is the path for a standard accounting career background to move to a more strategic finance position? What skills should one attain and how can they be obtained?&qu...
1276 Views | 5 Answers/Comments

How to compute for Performance Bonus of employees

Anonymous
(HR Manager)
The Company is engaged in events management. So for every event the Company will set aside 5% from the Gross Profit for the employee incentive. So, how do I go about in drafting a polic...
1719 Views | 6 Answers/Comments

The Art of Managing a Crisis

Ernie Humphrey CTP
Title: CEO & COO
Company: Treasury Careers
LinkedIn Profile
(CEO & COO at Treasury Careers)
In light of recent events, it has caused me to reflect. When was the last time I saw anyone or any company effectively manage a crisis? Unfortunately, I could not think of a single exam...
838 Views | 1 Answers/Comments

Tesla homepage/twitter hack......

EMERSON GALFO
Title: CFO
Company: C-Suite Services
LinkedIn Profile
(CFO at C-Suite Services)
Here is a synopsis of how Tesla's twitter and homepage account got hacked. SecurityWeek, which spoke with a Tesla spokesperson, explained that the two accounts were hijacked via a s...
1229 Views | 1 Answers/Comments

Where To Present Capital Expenditures?

Event Questions
Title: Event Questions
Company: Proformative
(Event Questions at Proformative)
  "Should capital expenditures, traditionally a cash flow item, and often a big line item, be presented in the management P&L? " This question was asked at a r...
1394 Views | 4 Answers/Comments

Accounting to FP&A Possible?

Anonymous
I currently work as a corporate senior accountant for a mid-sized company. Prior to my current job, I worked as an auditor for 5 years for a small CPA firm. I have been a senior account...
852 Views | 3 Answers/Comments

COSO Internal Control—Integrated Framework 1992 vs. 2013

Regis Quirin
Title: Director of Finance
Company: Gibney Anthony & Flaherty LLP
LinkedIn Profile
(Director of Finance at Gibney Anthony & Flaherty LLP)
By December 31st 2014, companies that utilize the 1992 COSO Internal Control—Integrated Framework are expected to have fully transitioned to the 2013 framework.  If you are a...
4124 Views | 3 Answers/Comments

Does anyone have recommendations for the best tests to give candidates (Excel/Online S/W)

Tina Duncan
Title: HR Administrator
Company: Yoga Yoga
(HR Administrator at Yoga Yoga)

I am looking for free testing links to test candidates on Excel, Basecamp, Google Docs, and online skills.

2480 Views | 6 Answers/Comments

How Do I Get Out Of Extra Reporting For Our Founder?

Event Questions
Title: Event Questions
Company: Proformative
(Event Questions at Proformative)
  "We have founder that requires their own set of accounts be used in reporting, so we must convert our P&L into those accounts. How do you suggest I get out of doing t...
681 Views | 8 Answers/Comments

SaaS Buyers and Customers Beware: Data Issues are Cloudy

Robert Kugel
Title: Senior Vice President
Company: Ventana Research
(Senior Vice President at Ventana Research)
There’s a long history of companies not paying close enough attention to the contractual elements of acquiring software. Today, this extends into the world of cloud computing. Man...
616 Views | 1 Answers/Comments

How to Get Business Users to Switch from Spreadsheets

Robert Kugel
Title: Senior Vice President
Company: Ventana Research
(Senior Vice President at Ventana Research)
In our benchmark research at least half of participants that use spreadsheets to support a business process routinely say that these tools make it difficult for them to do their job. Ye...
9219 Views | 8 Answers/Comments

Start-up informational video and website re-design

Anonymous
(CFO)
This is outside the finance function but we are a 1 year old start-up that is gearing up for our product introduction. We are looking for providers that can make a more polished product...
1238 Views | 1 Answers/Comments

How To Improve "The Devil's" Image Problem?

Event Questions
Title: Event Questions
Company: Proformative
(Event Questions at Proformative)
How can CFOs be seen as the voice of reason by Sales and Marketing who often view the CFO as "the devil?" This question was asked at a recent webinar, now available on-dema...
2947 Views | 20 Answers/Comments

Forecasting Tool

Nick robson
Title: Vice President
Company: JPMorgan Chase & Co.
(Vice President at JPMorgan Chase & Co.)

Does anyone have a great forecasting tool for a production environment? Multiple products with varying schedules. Thank you, Nick

4551 Views | 16 Answers/Comments

What are the best tools to manage a remote employee?

Carrie Scott
Title: VP Finance
Company: Private
(VP Finance at Private)
7365 Views | 13 Answers/Comments

Accounting for Gift Cards Sold at Discount

Anonymous
(Financial Analyst)
I am working with a client who is considering selling gift cards at a discount (e.g., pay $90 for a $100 gift card). I know that when ordinarily accounting for gift cards, you debt cash...
6120 Views | 5 Answers/Comments

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