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Q&A Forum

What budgeting and forecasting is done in well-run small companies?

Anonymous
(Finance Manager)
What budgeting and forecasting is usually done in well-run but small ($4 Million revenue) B2B companies? We have a fairly diverse and complex set of offerings including sales of softwar...
8996 Views | 17 Answers/Comments

Is it recognised if an elected secretary with the authority to sign all contracts for the company to sign her own contract agreement that was verbally approved by the president?

Ted Faxon
Title: President
Company: East Coast Dredge Inc.
(President at East Coast Dredge Inc.)
111 Views | 1 Answers/Comments

Contract signing athority

Ted Faxon
Title: President
Company: East Coast Dredge Inc.
(President at East Coast Dredge Inc.)
Is it recognised if an elected secretary with the authority to sign all contracts for the company to sign her own contract agreement that was verbally approved by the president?
75 Views | 1 Answers/Comments

Pricing question - New contact manufacturing company creating a quote for brands?

Anonymous
(Analyst)
Hello Experts, I am working with a contact manufacturing company that needs to create proposals for co-packing jobs. They know their direct costs (ingredients and labor), but the ove...
227 Views | 0 Answers/Comments

Can anyone recommend accounting system or billing software to automate the preparation of grant expenditure reports?

VIVIAN FRASER
Title: president
Company: urban league
(president at urban league)
As a human services agency most of our revenues are derived from providing social services which we have to seek reimbursement from federal, state, and local government. All require ba...
93617 Views | 3 Answers/Comments

Guidance around travel budget

Anonymous
(Strategic program manager)
Helping the team prepare travel budgets for FY19. Wanted to see if anyone has any average trip costs for domestic / international travel that I could use. Thinking something like: Ai...
25122 Views | 1 Answers/Comments

Management accountant consulting

Michael Jian
Title: Country CFO
Company: Huawei Technologies Co.,Ltd
(Country CFO at Huawei Technologies Co.,Ltd)
CMA certification has been getting more popular in China. Some say management accountant consulting would be promising. However, it seems to me that rare consultants engage their jobs a...
27286 Views | 1 Answers/Comments

What are the other qualifications can be studied after CMA

Vinoth Sairam
Title: Business advisor
Company: Shell
(Business advisor at Shell)
I would like to need your suggestion and advice... I have completed my CMA during 2015... But I would like to upgrade my skills and develop some knowledge which would be helpful for my ...
65736 Views | 2 Answers/Comments

For small business, which accounting program would work best, Quickbooks vs. Sage 50

Raul Valles
Title: Accountant
Company: Raul Valles & Associates
(Accountant at Raul Valles & Associates)
50334 Views | 6 Answers/Comments

How do I record the cumulative translation adjustment when consolidating a foreign subsidiary after translating their FS into the reporting currency?

Stephen Helfrich
Title: CFO/Consultant
Company: In Transition/Consulting/Interim CFO
(CFO/Consultant at In Transition/Consulting/Interim CFO)
I recently started working for a company that has a Mexican Mequilladora operation and they have not been correctly implementing FAS 52 as it applies to financial statement translation,...
214162 Views | 20 Answers/Comments

Unclaimed funds recovery agencies: Are they trustful?

Anonymous
(Accountant)
We are receiving calls from several agencies that say they have located a dormant/unclaimed cash asset held in our name and can help us to recover it. And they require to sign an agr...
78810 Views | 7 Answers/Comments

Three Types of Common Stock Transactions That May Affect Your IRC §409A Valuation

Jim Timmins
Title: Managing Director
Company: Teknos Associates
(Managing Director at Teknos Associates)
In the past, common stockholders had to wait for a company to complete an IPO or to be acquired in order to sell their shares.  But with the reduction in the number of IPOs and M...
7480 Views | 0 Answers/Comments

Who maintains your company's website?

Ryan Miller
Title: CEO
Company: Miller Manufacturing
(CEO at Miller Manufacturing)

Do you have an in-house person manage/maintain the website? Or do you outsource to a contractor?

60220 Views | 3 Answers/Comments

How to Set SMART Goals, Targets/Objectives for Accounting Department?

Andy Tan
Title: Supervisor
Company: AVS System Networks
(Supervisor at AVS System Networks)
In the company we are working now, it's required that Manager of each department has to set up annual targets/objectives for the department. It's quite easy for Sales or Product...
419740 Views | 20 Answers/Comments

Why do businesses reimburse for travel meals?

Richie Wohlers
Title: Controller
Company: Vision Mechanical Services
(Controller at Vision Mechanical Services)
A question I've often wondered, but never asked: why are businesses expected to pay for meals when employees travel? What is the logic involved? If I work from the office, I am eith...
66515 Views | 18 Answers/Comments

Quickbooks cash reporting

Anonymous
(Strategic program manager)
Could anyone recommend a good way to do cash reporting out of Quickbooks by department and class?
35254 Views | 0 Answers/Comments

Need expertise - Looking to Form an LLC in New Mexico and Foreign LLC in Ohio - Getting mixed answers from local accountants

Anonymous
(Owner)
I am looking to do a startup for a new LLC for a services business with most of the revenue earned via my website that is still under development. I reside in Ohio and will have a home...
50107 Views | 4 Answers/Comments

KPIs for the Accounting Department & Finance Department

scott graves
Title: CFO
Company: Armstrong Teasdale LLC
(CFO at Armstrong Teasdale LLC)
We are in the process of implementing Performance Boards in the Finance / Accounting department to document, track and drive performance.  Initially, we discussed tracking on a...
526906 Views | 42 Answers/Comments

How To Raise Money For A Startup?

Anonymous
Besides your own personal network, what is the best way to get investors for a startup? ...
276196 Views | 20 Answers/Comments

I am a commission only, outside sales person. After over 13 years at my company, they have put a tracker on us and are literally questioning every hour of our day and weeks.

Anonymous
(Sales representative)
They are also saying that our home office/admin days are no longer allowed and do not count that time toward our work hours that day. I work in alcohol distribution and am required to p...
631 Views | 0 Answers/Comments

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