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What does Sheila Saffold think?


Our policy is to capitalize items where the unit cost is more than $2,000 and we expect it to last more than one year. There is one caveat: for...
A good, clear policy makes a big difference. If the standards are ambiguous, you are in for a compliance/management headache. Something like "only...
Don't take answers at face value, probe a little further. For example, if someone represents they have experience doing journal entries in a the...
We are using a hybrid method that the gets the entry in quicker while maintaining an acceptable level of accuracy. We use the Sage fixed asset...
A high-performing team can be given the "reins" and allowed to run with it. Given them additional freedom to design their own assignments (that...
In my experience, it's important to minimize the audit's disruption to the work flow. Definitely ask the auditors for a list of documents they want...
I have to agree with Randy. Titles may set some initial expectations, but your performance determines how people perceive you. I have known VP's...
We use the McKesson PFM/PMM products. They generally work well for us, but can be pricey at start up.
Good morning. My hospital records the credit card fees as an operating expense. This handling developed from relative amounts and the nature of our...
Mark, hi. Thanks for your comments. Sorry, I forgot to include some important facts . . . . . the vendor gives us title to the equipment for $1 at...
I work at a large, urban teaching "safety net" hospital that grosses $150 mm/mo. in patient revenue. The total accounting/finance group is about a...
We've had a bad experience with Elavon (Nova). They charge us the wrong discount rates, the Virtual Merchant was difficult to implement, and they...