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Q&A Forum

Setting up Business in India: Selecting an appropriate Framework

Shashi Mohan
Title: Designated Partner
Company: RakChamps
(Designated Partner at RakChamps)
Selecting an appropriate form of a business is the most important aspect of setup. India has a Federal Structure of Governance and accordingly both the Central Government and State Gove...
569 Views | 0 Answers/Comments

New Revenue Recognition Rules Require Software

Robert Kugel
Title: Senior Vice President
Company: Ventana Research
(Senior Vice President at Ventana Research)
For most of the past decade businesses that decided not to pay attention to proposed changes in revenue recognition rules have saved themselves time and frustration as the proponen...
1646 Views | 0 Answers/Comments

How to Account for Collection Doubt

Event Questions
Title: Event Questions
Company: Proformative
(Event Questions at Proformative)
  "When there are collectability issues in a revenue recognition sense in the subscription business, is the collectability risk evaluated customer by customer or evaluated ...
538 Views | 0 Answers/Comments

Who Holds The Key To Successful Cost Savings?

Anders Liu-Lindberg
Title: Regional Finance Business Partner
Company: Maersk Line Northern Europe
LinkedIn Profile
(Regional Finance Business Partner at Maersk Line Northern Europe)
All companies keep their eyes on the cost development and in general try to minimize their cost base. Some do it via projects looking into specific areas whereas others who have to cut ...
803 Views | 0 Answers/Comments

Can BOD stock option approval predate employment start date?

(VP of Finance)
For example, our BOD meeting is in Feb and occurs every quarter. We have accepted offers which we want to include in Feb approval. But the employees will not be on board until March. Th...
3769 Views | 4 Answers/Comments

Ten Tips to Avoiding E-mails that Lower IQs

Ernie Humphrey CTP
Title: CEO & COO
Company: Treasury Careers
LinkedIn Profile
(CEO & COO at Treasury Careers)
I try to be self-aware, and as I have spent more time in the consulting arena it has become clear to me that I need help in the arena of effectively communicating via e-mail. In taking ...
1887 Views | 0 Answers/Comments

Guidance on Recognizing Professional Services Revenue on a Monthly Basis?

(Director of Financial Planning and Analy..)
The short version of my issue is that I would like to modify our revenue recognition policy for our professional services so that we can recognize on a monthly basis based on the number...
2249 Views | 3 Answers/Comments

Narrow exemptions cause inefficiency, inequity and complexity - HR 867 and S. 1179

Annette Nellen
Title: Professor
Company: San Jose State University
(Professor at San Jose State University)
    H.R. 867 and S. 1179 (114th Congress) propose to modify IRC Section 263A(f) on interest capitalization to add an exemption to the rule. It would read: “(5...
386 Views | 0 Answers/Comments

New models challenge tax laws

Annette Nellen
Title: Professor
Company: San Jose State University
(Professor at San Jose State University)
  You may have heard the news report that a women in Omaha, battling cancer, received about $50,000 from strangers after she set up an account with GoFundMe. It was also rep...
1082 Views | 4 Answers/Comments

Issues with sales tax auditor

Event Questions
Title: Event Questions
Company: Proformative
(Event Questions at Proformative)
  "If you have issues with your sales tax auditor, what can the auditor's supervisor do that actually makes a change in the audit determination?" This question ...
944 Views | 1 Answers/Comments

How do I escape spreadsheets?

Event Questions
Title: Event Questions
Company: Proformative
(Event Questions at Proformative)
  "Which are the main steps to move away from spreadsheets towards higher automation in an online ERP platform? Approximately, how long does it take?" This question...
1328 Views | 7 Answers/Comments

Tools for Ethical Success

Curtis Verschoor
Title: CEO
Company: C. C. Verschoor & Associates
(CEO at C. C. Verschoor & Associates)
A new report predicts ethical pitfalls for 2015 and suggests ways to stay ahead of the curve. The most important lesson to be learned from 2014 regarding ethics and compliance is tha...
1335 Views | 0 Answers/Comments

Metrics - Linking KPIs with Business Strategy

Regis Quirin
Title: Director of Finance
Company: Gibney Anthony & Flaherty LLP
LinkedIn Profile
(Director of Finance at Gibney Anthony & Flaherty LLP)
In most organizations, the accounting or finance group is responsible for assembling a series of reports after month-end and after the accounting close. The reports are assembled and di...
1065 Views | 0 Answers/Comments

What can be included in Landed Cost of Inventory

Len Green
Title: Performance Improvement Consultant and E..
Company: Haygarth Consulting LLC
LinkedIn Profile
(Performance Improvement Consultant and E.. at Haygarth Consulting LLC)
The situation: a company distributes a product. It either drop ships it from its suppliers to its customers, or it stores it in rented storage (esp. seasonally) until customer orders pr...
1037 Views | 3 Answers/Comments

Expense or capitalize advertising production costs?

Doug Thompson
Title: Director of Revenue
Company: Castlight Health
(Director of Revenue at Castlight Health)
Would the costs of producing a video ad be expensed upfront or capitalized? ...
4461 Views | 3 Answers/Comments

Which is better for employee and employer, paid vacation or pay raise?


pay raise vs vacation

8224 Views | 12 Answers/Comments

Are there any tools around for automating or at least helping with the close process?

Jeff Taylor
Title: CFO
Company: Communications Co.
(CFO at Communications Co.)
I'm not looking for something to close the books for my team - I think that doesn't and can't exist. However, there must be some tools out there that help you capture your c...
6286 Views | 8 Answers/Comments

What is the correct balance sheet presentation of Directors' current account?

(Financial Analyst)
Hi all, Kindly assist on the correct treatment of directors loans on the balance sheet. Do we present it under short term or long term liabilities? ...
7004 Views | 6 Answers/Comments

LinkedIn profile updates - how detailed?

(Client Services Finance manager, North A..)
How detailed should you be on your LinkedIn profile?  I've just finished updating my resume and plan on updating my LinkedIn profile this weekend.   I am current...
12852 Views | 29 Answers/Comments

What are successful accounting personality types, traits, or profile?

4202 Views | 4 Answers/Comments

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