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Member's Profile
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
This article in CFO.com exposes how the CFO is being held accountable legally (in addition to ethically) for events occurring in their businesses. Do you agree with the trend? http://ww2.cfo.com/risk-management/2016/12/rising-risk-cfo/?mod=djemCFO_h
Anonymous Member
Anonymous
(Project Leader, FP&A)
Can anyone please share some research, or thought leadership on the future business model and value proposition of professional services such as management consulting, accounting, in specific. The current prevalent model is chargeable hours, whereas in the future, much of...
Member's Profile
Yulia Leonteva
Title: Financial Controller
Company: Cooper and Ella
(Financial Controller at Cooper and Ella)
We send publishers PR gifts, I just started a new job. Here are my challenges in accounting The warehouse issues invoices at full price for Public Relation Gifts that are at no charge. And I am now trying to figure out how to fix this. I can apply payments to them in the...
Member's Profile
Jason M. Jones LPA
Title: Business Finance & Operations Strategist
Company: N/A
(Business Finance & Operations Strategist at N/A)
I was recently laid off from a CFO consulting practice and I've always had a nagging feeling that I wasn't as valuable a consultant for the firm because I didn't have working knowledge of software other than QuickBooks, though I have tinkered around in demo versions of...
Member's Profile
Brandon Crossley
Title: CEO
Company: Poindexter
(CEO at Poindexter)
I've looked through a couple threads here, and there were a few replies talking about how small businesses should use Excel to do bottoms up modeling in their forecasting process. My team and I have created a tool to replace Excel for this exact purpose. My question is:...
Member's Profile
Anonymous Member
Anonymous
(CFO)
I am a new CFO. I've worked in banking for many years in the business and commercial side and was just hired 2 months ago as CFO of a small business ($6 million in sales last year) to save them from a bad financial spot. I have an MBA in Finance, but I have never served as...
Member's Profile
Pragya Tandon
Title: Director of Finance
Company: ClearVoice, Inc.
(Director of Finance at ClearVoice, Inc.)
Good Morning, What are best practices around offering benefits to employees while they are out on short-term disability and/or FMLA? My specific question is around the employee portion of the premiums. When an employee is on Disability and/or FMLA, the company is not...
Member's Profile
Tim Crossno
Title: CFO
Company: in-between
(CFO at in-between)
I am doing some work to cleanup our accounting for fixed assets and want to train some junior accounting people in the process.  Does anyone have any material they would recommend that would provide good guidance for beginners to follow?
Member's Profile
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
Stacey Nicholl wrote a blog entry on LinkedIn showcasing the skills that make a CFO great. I don't disagree with her. She is correct. However, I find that a "standard" resume doesn't convey this info, and that's what everyone wants. What do you think? https://www....
Anonymous Member
Anonymous
(Owner)
Small public client has about 100 optionees - they are doing all the accounting and reporting on Excel currently
Anonymous Member
Anonymous
(Controller)
I've been a Controller for over 10 years and am hoping to make the jump to CFO. My boss is open to it, but wants justification. What's your advice on making the transition? What are the added responsibilities? What do you see as the primary differences? I imagine if...
Member's Profile
Jeffrey Hales
Title: Accountant
Company: Healthcare Accounting Professional
(Accountant at Healthcare Accounting Professional)
Member's Profile
Sean Jones
Title: CEO QuickLoadz
Company: QuickLoadz
(CEO QuickLoadz at QuickLoadz)
The company I founded, QuickLoadz (located in the booming metropolitan area of Nelsonville, OH) has invented, patented and started manufacture of a brand new way to move sea shipping containers that is entirely novel, and is finally ready to be moving into production. Now...
Member's Profile
Quincy Johnson
Title: Controller
Company: QJ Inc
(Controller at QJ Inc)
I do all the accounting for my company. When I was brought onboard the books were a mess but I've managed to clean up most of it. Our structure is a US Parent, a UK subsidiary, and a Swiss subsidiary. Our US Parent underwent an audit of our consolidated group in June of...
Member's Profile
Rick Bigelow
Title: C0O
Company: LSSM
(C0O at LSSM)
Has anyone created a pricing model when selling to a managed services provider? We currently provide software to enterprises, but are getting a significant amount of interest from managed services providers. What is the best way to price software to allow the provider to...
Anonymous Member
Anonymous
(Fin Op)
Hi all. I'm advising a team of software designers in Accounting topics. They've been asking me a lot of questions about what areas in Accounting that may be prime for innovation or, at least, lots of improvement to reduce the pains/ challenges that us Accountants...
Member's Profile
Mark Sutherland
Title: CFO
Company: Profit By Design CFO & Controller Servic..
(CFO at Profit By Design CFO & Controller Servic..)
I have a 30M client who provides a 401K program for their EE's. I'm hearing complaints from EE's about poor fund selection and high fees. I've heard and read about these types of complaints before and have always been a bit skeptical about how committed providers are to...
Member's Profile
Anonymous

Quick question that's in dispute: Are spare parts capitalizable? My position is that unless they meet the definition of "extending the life or capabilities" of an asset (ie capitalizable in the first place), they are a prepaid expense until the time the spare...
Member's Profile
Alan Jones
Title: Controller
Company: Portlandia Restaurant Group
(Controller at Portlandia Restaurant Group)