FP&A
-
What are the metrics to measure a company’s financial transparency?
The question is about financial reporting transparency: What are the possible measures of financial reporting transparency? If one wants to compare two companies based on the transparency of their financial reports, what are the possible measures that can be used?
1
-
How to account for product pricing changes
I have a question regarding pricing products. Let’s say I have a product, price=x But now it has increased by 5%, so p=x+(x*5%) How to deal with this change in price, since we have got it with x and now it’s x + 5% or any amount. …
1
-
Allowance for doubtful / bad debt expense / ytd writeoffs
On my company's income statement I see this (I am making up numbers): bad debt expense is $900 out of which $600 is due to covid impact. YTD writeoffs is $150. Provision YTD on BS is $1500 and provision on 12/31 is $700. Here is what I understand /don't understand from this: 1. where…
-
Contract signing athority
Is it recognised if an elected secretary with the authority to sign all contracts for the company to sign her own contract agreement that was verbally approved by the president?
1
-
Pricing question - New contact manufacturing company creating a quote for brands?
Hello Experts, I am working with a contact manufacturing company that needs to create proposals for co-packing jobs. They know their direct costs (ingredients and labor), but the overhead and step costs are TBD. Let’s use an example: Candy Brand wants a quote for 12,000 units. Let’s assume th…
-
What are the other qualifications can be studied after CMA
I would like to need your suggestion and advice... I have completed my CMA during 2015... But I would like to upgrade my skills and develop some knowledge which would be helpful for my future, could you please what should be next upgrade of skill in my career... Whether is there any qualifications …
2
-
Quickbooks cash reporting
Could anyone recommend a good way to do cash reporting out of Quickbooks by department and class?
-
I am a commission only, outside sales person. After over 13 years at my company, they have put a tracker on us and are literally questioning every hour of our day and weeks.
They are also saying that our home office/admin days are no longer allowed and do not count that time toward our work hours that day. I work in alcohol distribution and am required to put together wine lists, beer menus, cocktail lists, presentations, etc which I need to do from home and they aren’…
-
Need expertise - Looking to Form an LLC in New Mexico and Foreign LLC in Ohio - Getting mixed answers from local accountants
I am looking to do a startup for a new LLC for a services business with most of the revenue earned via my website that is still under development. I reside in Ohio and will have a home office here as a single person LLC. Since I am starting this business from home until I can start generating con…
4
-
Guidance around travel budget
Helping the team prepare travel budgets for FY19. Wanted to see if anyone has any average trip costs for domestic / international travel that I could use. Thinking something like: Airfare Domestic flight avg = $300-600/trip depending on distance Airfare Int'l avg = $7k per trip Hotel = $300/n…
1
-
Management accountant consulting
CMA certification has been getting more popular in China. Some say management accountant consulting would be promising. However, it seems to me that rare consultants engage their jobs as management accountant. Finance management is quite common. How is it going in your country? Thanks, Michael
1
-
student
Manufacturing Companies and Auto Companies like Ford Motors have captive finance subsidiary to finance their customers and dealers to enhance sales. In the Financial Statements, sales (interest earned and accruing on finance receivables) and expenses ( overheads and interest on debt) of such f…
-
Any forecasting software take in inputs such as Sales Contract data?
Background: 15 person software company focused on enterprise-sales Scenario: Currently looking to move from our excel-based financial model into a more modern framework. Our current Financial Model takes into account key-drivers such as Sales Contracts (e.g Total Value, Project Term, Invoice Fre…
1
-
What is your opinion ? have you see something similar before ?
My Company is a ICT system Integrator and I am the sales manager. the Management wants to change the sales plan from Commission based on Turn over Numbers (Taking into consideration the Gross Profit Margin) to Commission based on Invoiced Numbers (Taking into consideration the Gross Profit Marg…
-
How can a nonprofit maintain net assets if depreciation expense is 25% of overall budget?
My nonprofit went into real estate by purchasing a building that dwarfs the core c3 on the balance sheet. So depreciation/amortization expense is killing me. It seems like the only way for me to maintain net assets is to have a surplus greater than depr/amort and then lock it up in cash (or other…
1
-
Making Excel Forecasting Simple
I have Excel as my only source for forecasting and have been tasked with making it less detailed and simpler to use and follow. The challenge is that our industry is very direct labor driven and without planning out billable hours per customer, it becomes difficult to plan revenue, margins, and re…
3
-
Job prospect in developed country
Hello. I’m an auditor at a big 4 firm in a developing country (indonesia). I’m really interested in finding a job in a developed country (australia, canada or uk/europe) within the next 4 years. By that time I would have around 5 years of work exp. at a big4, and (hopefully) have cleared the CFA…
-
Can anyone recommend accounting system or billing software to automate the preparation of grant expenditure reports?
As a human services agency most of our revenues are derived from providing social services which we have to seek reimbursement from federal, state, and local government. All require backup copies of all invoices and bills for any charge allocated or billed to the grant. Our accounting department …
3
-
Do you have a guide for viewing Past Webminars?
I tried to view some past webminars but it never worked. Can you send me a guide or procedure? Thank you and Happy 2018! JY
1
-
Aprroach in Application of New Accounting Standard in your organization?
From Managerial Perspective, what approach would you choose in Application of New Accounting Standard in your organization?
2
-
Headcount - Are employees who terminate at the end of the month included as reportable headcount at month end
If an employee terminates at the end of the month, do you include the employee in the headcount for the month or as a termination for the month? Thanks!
2
-
Can you recommend a data room for M&A transactions
The last time this question was asked on Proformative was in 2014. I'm wondering if anyone can provide recent experience/suggestions for a data room to be used for M&A transactions. Thanks!
2
