ADVERTISEMENT

Topics

Member's Profile
Wayne Spivak
(President & CFO at SBAConsulting.com)
In an old article dated 2014, Brent Beshore lays out his perception of EBITDA and how according to people like Warren Buffet it means absolutely nothing. http://www.forbes.com/sites/brentbeshore/2014/11/13/ebitda-is-bs-earnings What's your opinion?
Member's Profile
Tom Roberts
(Independent Computer Networking Professi.. at uviewit, inc)
Hi, I am the CEO of a start-up and came across your website. We are in talks with a Distributor about selling our product but have many issues concerning giving them Exclusivity for OEM and Aftermarket and whether they should pay a startup fee... Our tech product is new in...
Anonymous Member
Anonymous
(Sales)
If a company offers rebates, say 5%, based on a customer purchasing a set amount of goods in a year, does the company offering the rebate have to, by law or by GAAC rules, have to maintain actual monies to cover the cost of those rebates? Thank you.
Anonymous Member
Anonymous
(Principal Consultant)
For example, suppose there were an excellent opportunity to save a CFO's company a lot of money and boost EBITDA, at a cost set equal to a fixed, small fraction of whatever money would be saved. This sounds quite attractive, but nonetheless, how effectively could it be...
Member's Profile
Marc Ostroff
(CFO at Atomic Fiction)
Anyone have any experience working with GPS Capital Markets? Good? Bad? Just doing some due diligence before furthering my relationship with them for some currency trading between US Dollars and Canadian Dollars.
Anonymous Member
Anonymous
(Customer Relationship Manager)
I save and make businesses money, and do not get paid until any of my recommendations are approved, implemented, and the results are formally documented as credits on bills, or cash in bank. My partner is a specialist that worked in revenue retention for major telcos. CFOs...
Anonymous Member
Anonymous
(Partner)
Client's consultant early exercised non-quals and then made an 83(b) election on the shares received (which are restricted/not yet vested) upon exercise resulting in an income event for the individual/deduction for the Company. The income event resulted in a shortfall (...
Member's Profile
Brett Bennett, CPA
(Head of Finance at Bugcrowd Inc)
Wondering what your company's best practices and methods for calculating DSO?  Currently, our company includes unbilled revenue or amounts from sales contracts that have been signed but no revenue has been generated yet.  It appears this is skewing the...
Member's Profile
Brian Barnier
Title: ValueBridge Advisors, Principal/Member
Company: Expert Member, Boardwise.biz
(ValueBridge Advisors, Principal/Member at Expert Member, Boardwise.biz)
What is “short-termism?” The tendency to invest in proposals with quicker benefits (net of costs) while sacrificing initiatives with greater net benefits received over a longer time – even after adjusting those proposals for differences in strategic...
Member's Profile
Ernie Humphrey CTP
(CFO at Function Form Staging & Design)
According to a survey of over 600 CFOs: 44% would allocate the funds heaviliy to recruit and retain top talent across the enterprise and process improvements 24% would devote it all to improving technology 20% would launch a comprehensive Finance Transformation Project 10...
Anonymous Member
Anonymous
(CFO)
What dollar amount threshold is needed before a PO is required to be generated? If my AP person got her wish there would be a requirement for a PO for every purchase but that would be not practical and a huge drain on labor to generate especially for $25 order. Our expenses...
Anonymous Member
Anonymous
(Manager)
Does anyone have experience with Quickbooks Pro vs Premier? We use Pro and were thinking of upgrading, but it seems expensive for the better reports, budgeting, forecasting, etc. Or, maybe something else altogether would be better. We have a small chain of self-storage...
Anonymous Member
Anonymous
(President)
I enjoyed the discussion on determining an appropriate hourly rate for part-time CFO services, and found it very useful. Thanks to all of you that provided feedback. I pose a new challenge. I am preparing quarterly financial statements for a microcap OTC Pink company. Given...
Member's Profile
Wayne Spivak
(President & CFO at SBAConsulting.com)
Reuters is reporting that the CEO, CFO & CAO have resigned after an audit found that the financial's were shanghaied. What's your opinion on why these three highly compensated individuals would risk public embarrassment, loss of their jobs, and possibly criminal...
Member's Profile
John Olson
Title: Associate
Company: Radius
(Associate at Radius)
International expansion for young and fast-growing companies is a tricky proposition for a variety of reasons. Uncertainty surrounding revenue, profitability and market position can lead to conflicting priorities between management and board members. Furthermore,...
Anonymous Member
Anonymous
(Director)
Hello and thank you in advance for any help you might be able to provide. As a privately held business owner, I am very intrigued by Warren's view and ability to buy a private business while still enabling the management team to retain its entrepreneurial drive. Would...
Anonymous Member
Anonymous
(Financial Analyst)
I have been working in finance/accounting for more than 5 years but have never seen anything like this before. Was wondering if this is just a co-incidence, laziness, incompetency or some conspiracy? what do you think??? Have a very interesting case/mystery to share. One of...
Member's Profile
Jon Placa
(Director of Finance and Operations at NarrativeDx)
A bit of background: We are a Software-as-a-Services (SaaS) company that recently renewed a client's contract. However, the renewal took place during their current trial period. As a result, we're currently delivering services to a client from an old contract, but...
Anonymous Member
Anonymous
(staff Accountant )
Can anyone provide me with an authoritative answer on reimbursed expenses being reported on a 1099-MISC.
Member's Profile
Ernie Humphrey CTP
(CFO at Function Form Staging & Design)
Here are the results from a survey of over 600 senior finance leaders: Strategic Activities- 66% Leading within & Beyond Finance- 26% Tactical Activities- 7% Attending Meetings- 1% Reading and Responding to E-mails- 0% Thoughts?