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What does Regis Quirin think?

Regis Quirin is a financial executive with 23 years of corporate experience, i.e. New York Stock Exchange (4 years), JP Morgan Chase (14 years), and GMAC ResCap (5 years). Since January 2000, Regis has worked with small and medium-sized entities, i.e. joint ventures, start-up entities, ... See full profile

Your question is extremely timely. This situation is evolving daily. But no one can definitively tell you unless they know all the specifics, as...
I wrote a blog on Tips for working with a PEO, in June 2012, "A PEO is not a “Set it and Forget it Process.” It was also posted on this site....
If the faulty financials resulted in a total compensation package greater than the correct financials would have deemed fair and equitable, the...
I don't see a financial collapse on the horizon, doesn't mean we will not see some wild swings, but I do feel that we will soon be entering an era of...
The analysis you are doing is pretty interesting. I have done it before to justify a Management Services Fee. I was part of the team that...
I had a similar situation about 15 years ago. There is a standard letter, which is essentially a disclaimer, that your Director should feel...
The justification of non-operational and non-sales staff is related to how they support the efficient operations of the firm through either...
We use Paychex to process payroll and they will be handling all of our 6056 Reporting. The last time I looked at the topic in January (it was...
A Professional Employer Organization (PEO) is a co-employment arrangement where a business engages the PEO as the employer of record. The employees...
I have been associated with many organizations where the HR Manager and the CFO were separated. This structure does work. There is nothing...
Spread sheets are required and when used appropriately are needed. These tools allow for flexibility in your thinking. For any business that...
Excellent question, which at times causes friction. In my opinion – Firms produce tremendous amounts of data. The answer to the question has two...
Interesting concept. But, Insurance is tricky. I have seen companies over-insure, as they believe that the added safety cures all. Insurance comes...
A founder wanting financial data is good. In a perfect world, all senior managers should want details relating to their specific business and...
Anon - you are bringing up a completely different issue. The overall question, which is how I responded above, relates to including outside parties...
During my career I have seen instances of Sales Fraud. In these cases, there was an immediate termination, but nothing more. I have seen Accounting...
I don’t believe there is a correct answer to this question. Employees have a priority that evolves. The first drive is salary which is usually...
Jamie - I agree with you. I work in a Law Firm and understand the billing practices. The request is not clear. Variables may include - Billable -...
No silver bullet. The correct answer is "old school." The standard approach - establish spending policies and procedures; implement a Communications...
Identify a qualified investment advisor in your market and present the issue. Regardless of the advice you receive on this site, the economic times...
I personally believe Cyber Insurance will always be offered. Yet I have not seen any articles to the contrary. However, I see insurance companies...
We have an Accounting Supervisor or Accounting Manager clear the exceptions. Most of our exceptions occur when the recipient alters the check, i.e....
According to Forrester Research, the average cost of a security breach can be as much as $305 per record compromised. Consider that number against...
In organizations that I have been associated with, the Sales Agent proposes the payment terms to the Head of Sales, who approves, denies, or modifies...
If the recommendations come from trusted sources, that information has high value. AP is such a critical function that an error could cause so...