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Balance Sheet

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Ronald Pressler
Title: Senior Accountant
Company: in-between
(Senior Accountant at in-between)
I am looking for budgeting and forecasting guidance on how to budget an income statement, balance sheet and prepare a cash forecast. I just started my job and need to put together...
Member's Profile
Alan Hart
Title: Consultant
Company: Pacific Shine Group
(Consultant at Pacific Shine Group)
Why you must make sure financial information is periodically, timely and properly communicated to those who really need it  It’s no secret that accurate and complete data is...
Member's Profile
Davis Wright Tremaine
Title: Law Firm
Company: Davis Wright Tremaine
(Law Firm at Davis Wright Tremaine)
*By John W. Hanley, Jr.* In August 2010, the Financial Accounting Standards Board (FASB) released proposed new accounting rules for real estate and equipment leases. If these...
Member's Profile
Patricia Shepherd
Title: VP Finance/CFO
Company: XAware, Inc.
(VP Finance/CFO at XAware, Inc.)
I have a quick question I'm hoping someone can assist me with.  We had paid a security deposit to our landlord many years ago.  This was booked on the balance sheet...
Member's Profile
Anna Bielecki
Title: Chief Financial Officer / Controller/Sen..
Company: ToBe Enterprises
(Chief Financial Officer / Controller/Sen.. at ToBe Enterprises)
Somebody asked me recently how the money received and disbursed in the process of managing receivables and payables for clients should be recorded. They record it now as current asset...
Member's Profile
Bryan Frey
Title: VP Finance/Corp Controller
Company:
(VP Finance/Corp Controller)
Confusing, I know. The story is that my company books many service deals. Some are collectible before services have been rendered, some after. So the revenue recognition is separate...
Member's Profile
Wende Mutschler
Title: President
Company: Basic Bookkeeping Inc
(President at Basic Bookkeeping Inc)
Anonymous Member
Anonymous
(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?
Anonymous Member
Anonymous
(Advisor)
So if I pay my suppliers with a purchasing card (Visa/MC/AMEX) how is that payment treated? Meaning if it is considered a “trade receivable” and millions of dollars are...
Anonymous Member
Anonymous
(Student)
I was wondering if you could help me out with a financial statement question for a possible job interview? My question is if you were a bank and a company was trying to borrow money...
Anonymous Member
Anonymous
(Sr. International Accountant)
They should go to other comprehensive income (PL) account. Right? our funcational currency is USD . Thanks for any guidance.
Anonymous Member
Anonymous
(Senior Director)
Hello, Our Company is in the process of enhancing our bookkeeping and accounting processes. Historically, we have done pro forma bookings and income projections in excel, but now we...
Member's Profile
Chilufya Ng'onga
Title: accounts intern
Company: eclof zambia
(accounts intern at eclof zambia)
I have got a situation here. My balance sheet and trial balance are balancing well. But there seems to be a problem with the cashflow statement. I believe the foreign currency...
Anonymous Member
Anonymous
(Controller)
I worked for a privately held company which is a subsidiary of a foreign company. Currently on the balance sheet there is a bug liability on the books (due to the parent) which is...
Anonymous Member
Anonymous Member
Anonymous
(CFO)
My company has a rather strong balance sheet - a few hundred million in inventory and receivables - with a good track record of turning those into cash. We also have strong public...
Member's Profile
Michelle Hall
Title: Consultant
Company: RoseRyan, Inc.
(Consultant at RoseRyan, Inc.)
I have always been active in sports, but as I grow older, I’m starting to experience a few aches and pains. It has made me reflect on the need for an often-ignored element of...
Member's Profile
Thomas Sabath
Title: Controller
Company:
LinkedIn Profile
(Controller)
Where is the proper place on the Balance Sheet for the GL account of Factored Receivables. Contra-Receivable or Short Term Lilablity?
Member's Profile
Bryan Frey
Title: VP Finance/Corp Controller
Company:
(VP Finance/Corp Controller)
How receptive have you found your boards to pro forma reporting in their board reports?
Member's Profile
Steve Zimmerman
Title: Managing Director
Company: Chapman Associates
(Managing Director at Chapman Associates)
Almost two-thirds of privately-held or family-owned business owners fail to formally plan their exit strategy.  The results further reinforce the owners’ failure to plan....