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Technical Accounting

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Mariam Montano
Title: Internal Auditor
Company: The Salvation Army
(Internal Auditor at The Salvation Army)
I am undertaking research on this to compare against our current practices.
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Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
How do you maximize your inventory turnover so you don't carry too much inventory, but don't run out? Are you using Distribution Requirements Planning or some other algorithim?
Member's Profile
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
Is anyone using FIFO, and if so, why? If you've been using it long enough, has the pendulum swings in our economy supported that choice or did you get "stung" by using...
Member's Profile
Radames Medina
Title: Principal Consultant
Company: Freelance Bookkeeper and Accounting Serv..
(Principal Consultant at Freelance Bookkeeper and Accounting Serv..)
We are a small technology company (just made 2 years old a few months ago). What can i do to minimize the taxes that we will have to pay on our revenue when it comes time for filing...
Anonymous Member
Anonymous
(n.a)
We are currently using $500 threshold to capitalize assets, and discussing increasing it to $2,500 per IR-2015-133. I would like to know how I should treat the existing assets,...
Anonymous Member
Anonymous
(Accounting Manager)
Is it appropriate to capitalize leasehold improvements that were paid for by the landlord? The improvements include general construction for office space build out
Anonymous Member
Anonymous
(Finance Director / Controller)
Sublease Question: Company A which is not involved in Real Estate renting or leasing in any way subleases space to Company B, at a loss of $5K per month.  On top of the difference...
Member's Profile
Jack Ormberget
Title: CFO
Company: Color Star Growers of Texas, Inc.
(CFO at Color Star Growers of Texas, Inc.)
Who pays business property tax on leased equipment? We are about to lease a piece of equipment for our manufacturing process.  It's an expensive machine and the lease extends...
Anonymous Member
Anonymous
(Accounting Manager)
Any insight into the proper accounting treatment for detachable warrants
Anonymous Member
Member's Profile
Cielo I.
Title: Sr. Accounting Manager
Company: ABX
(Sr. Accounting Manager at ABX)
As per the company policy assets are depreciated using the straightline method and depreciated in service date. However, in the JDE system we used straightline but have two...
Member's Profile
Susan Wayland
Title: Chief Financial Officer and Director of ..
Company: San Francisco Day School
(Chief Financial Officer and Director of .. at San Francisco Day School)
We are a non profit higher education organization and I am looking for ideas to make the monthly board of trustees financial report narrative more readible and accessible to our...
Member's Profile
Neil Brown
Title: CFO & CIO
Company: KatalystFP
(CFO & CIO at KatalystFP)
We have been paying a company to add new custom features to our business process system. Do we have to capitalize it all? Can we expense some of it? Any suggestions would be helpful.
Anonymous Member
Anonymous
(Consultant)
Valuation of balance sheet accounts when preparing foa an asset purchase presents unusual dynamics under percentage of completion accounting for long term projects.
Anonymous Member
Anonymous
(Controller)
Recently my company went through a virtualization project in which all our network switches and WiFi equipment were upgraded and configured. As part of this project our vendor built...
Anonymous Member
Anonymous
(Firefighter)
Hello, I am a member of a 503c Non-Profit. A few years ago a scholarship fund was started with the monies coming from donations made specifically for this purpose. Recently, the...
Member's Profile
Jitendra Pabrekar
Title: Sr. Manager, Valuation and Advisory Serv..
Company: Aranca
(Sr. Manager, Valuation and Advisory Serv.. at Aranca)
Employee Stock Ownership Plans (ESOP) came into existence in order to grant partial or complete ownership of businesses to their employees.  Here, the companies granting ownership...
Member's Profile
Rama Nair
Title: Independant Accounting Professional
Company: Independant Practioner
LinkedIn Profile
(Independant Accounting Professional at Independant Practioner)
As per SIC 15, lease incentives should be spread over period of lease and not first break clause. I have an instance whereby, the lease incentives were spread over the period of the...
Anonymous Member
Anonymous
(Senior Accountant)
Hello, My company is starting a new lease agreement for our office building. We recently signed up for a new lease ( 7/15-06/2020) with an option to renew with an additional 5 years....