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- Do you really need a CPA to work in the company?
Recent Activity
Jessica Bozzo
(Content Project Manager-Finance at Argyle Executive Forum)
Proformative recently became part of Argyle Executive Forum, a leading provider of business information and thought leadership to leading professionals from Fortune 1000 companies in North America, Europe, Asia and Australia. Argyle has a curated membership of over 2...
Anna Bielecki
(Controller at 6K Systems)
I became a member of Proformative and I was searching for education on fraud in the workplace. The site is not intuitive for me. where can I find an overview how it works. I started searching courses but I was rerouted to different website and I am not sure how that site...
Anonymous
(Analyst)
Hello Excel Experts, I am trying to cobble together a combo of a lookup and count of unique values within one formula. I want to lookup the number of customers per store in a database and return that unique value (as represented by " Customer ID" in the Database worksheet/...
Diane Robbins
(VP Finance at Private)
Wayne Spivak
(President & CFO at SBAConsulting.com) 
A Brooklyn federal judge reportedly came down hard on a Kirkland & Ellis LLP associate in a pre-motion conference on Thursday, taking the young lawyer’s firm to task for sending him instead of a partner to defend Facebook Inc. against claims it facilitated international...
Wayne Spivak
(President & CFO at SBAConsulting.com)
We’ve all created way too many Excel Spreadsheets that do standard types of reporting/data manipulation. What is in your ideal toolkit. Let’s say you could have up to 25 spreadsheets, all with the availability to be linked (where necessary), error and logic checked,...
Anonymous
(CFO)
First Issue: our CEO is feeling too involved with day to day operational matters at our $30M light mfg and distribution company, and I agree with him (I'm the CFO). We both agree that if we are to reach 100M, we will need to perform at a much higher level in Production and...
Wayne Spivak
(President & CFO at SBAConsulting.com)
There's an article on Yahoo Style "Interns Get Fired En Masse After Protesting Dress Code at Work" https://www.yahoo.com/style/interns-get-fired-en-masse-after-protesting-dress-201632030.html about a group of interns who summarily get fired for complaing about...
Anonymous
(Independant Consultant)
I'm considering opening a Beauty Salon in Miami, Florida and found out that most workers in this field in Florida are paid commission only. First, is this legal? If it is legal, would the workers need to complete a 1099 or W-2?
Wayne Spivak
(President & CFO at SBAConsulting.com)
If you do, if you haven't heard, you may be part of the 500 MILLION people who had their information hacked... Is it not time to discuss Cyber Security within our own organizations?
Anonymous
(Finance Director / Controller)
Quick question: We are concluding the first external review of our financials with external CPAs. The timing is a month or so before our next board meeting. What is the usual / preferred approach - to wait until the meeting to discuss the management letter and any...
Wayne Spivak
(President & CFO at SBAConsulting.com)
The Department of Labor (DOL) has finalized a rule that, effective Dec. 1, 2016, will make significant changes to the overtime regulations in the Fair Labor Standards Act (FLSA). As you know, employees covered by the FLSA must receive overtime pay for all hours worked over...
Anonymous
(Financial Analyst)
I have two very basic questions. Please advise. 1. I have seen a couple of people who work as a “Principal” in financial organizations. What does this designation mean? 2. What is the difference between “finance” and “accounting”.
Wayne Spivak
(President & CFO at SBAConsulting.com)
On Wednesday Sept 21st, I had the privilege of being the Master of Ceremonies of the awards segment (an annual event) held by the Association for Rescue at Sea on Capitol Hill. In attendance were industry representatives, members of Congress and their staffs and a broad...
Clinton Jones
(PM at Winshuttle)
A conversation I frequently have with accountants and controllers is around doing things more efficiently and effectively. The prophets of doom and gloom suggest that the role of accounting, bookkeeping and finance staff in general are being rapidly undermined by things...
Anonymous
(Senior Staff Accountant)
Our company is currently implementing a new ERP system. We are currently tracking IT labor cost directly associated with the implementation in order to capitalize those cost at the conclusion of the project (in accordance with ASC 350-40-30). My question is, is it required...
Wayne Spivak
(President & CFO at SBAConsulting.com)
Based on CEO John Stumpf's comments before the US Senate Banking Committee would you re-evaluate that relationship?
Dilan White
(owner at White's restaurant)
I'm going to open my first restaurant soon and my friend recommended to use this POS system for restaurants http://pos-ne.com/ I can't find any testimonials, looks like the company is pretty young and isn't famous yet but my friend states it works well and has a great...
Anonymous
(Director of Accounting)
We are selling products to a customer that is a reseller who has a revolving credit line with a bank who will fund the transaction to us within 30 days (for small discount). The bank will take on all the credit and collection risk. If the customer defaults and the bank...
Emerson Galfo
(CFO at C-Suite Services)
How many companies/CEOs have the guts to have this kind of thinking and establish this kind of culture..... Focus on the video of Jet.com CEO Marc Lore and the types/kind of transparency he cultivated. remember, that Jet.com was founded 2014, that is $3B in 2 years. By...
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