FP&A
-
Benchmark for audit fees
We are a $100m revenue private company in professional services (revenues contract/project based, no inventory, limited supply chain). I am interested in whether anyone has a benchmark % of revenue range for the audit fee for this kind of company?
5
-
Basic accounting process maps
I have a new client who needs a total overhaul of her accounting system. I want to use process maps to demonstrate what her accounting processes look like today and what they should look like. I can create the maps of her current processes, aka the "as is" maps, but am hoping someone has already …
2
-
FEI - Is it really worth it?
I'm considering whether or not to renew my membership in FEI. I've been a member for few years, and each year have attended a few of the local chapter meetings. The local meetings seem to be the biggest benefit of membership because of the networking opportunities and speakers. About 50% of the mee…
12
-
Vendor Management Systems - a hardship on small companies - any recourse?
We are a small IT Firm that works with mostly Fortune 100 companies. We have noticed a trend towards Vendor Management Systems where we are required to gain access to a platform where we can enter our invoices, upload POs and generally conduct most of our financial inquiries. I would guess that thi…
2
-
Financial Reporting and Planning Software
My company is planning to change/upgrade our financial reporting and planning software. Hoping to get first hand experiences on specific software products that Proformative members have used and liked. We are a ~$50M company with ~20 reporting entities. Need a product with that facilitates both mon…
3
-
Why exactly is 0.6 percent rise in construction spending important?
I asked the above question to some construction financial managers and executives via LinkedIn. So far I have not received any responses. I wanted to see what other executives that may not be in the construction industry think. Any economists or otherwise brilliant people have any insight? I read a…
6
-
What business advice do you recommend, continue consulting or get a job?
I run a small consulting practice that I have been self funding. Up to now, I've been doing all the marketing, networking, pipeline building, and working as a consultant. In order to grow and I need a sales person. The problem is my own consulting work has stopped and I only have 5 months reserves …
3
-
What's the best business advice you've ever received?
As a follow-up, where do you find good advice now?
14
-
Cash flow forecasting software recommendations needed please
This is for a professional services consulting business.
8
-
If an employee gives up a bonus to purchase a stock option or SAR, what should we use as the correct grant date fair value?
If an employee gives up a bonus to purchase a stock option or SAR, say $15 per option, but the black scholes model is saying the fair value is $14 per option, what should we use as the correct grant date fair value?
1
-
Option-pricing method of valuing multiple classes of shares
I was wondering if anyone out there has recent experience using the Option-pricing method (OPM) for valuing multiple classes of stock. My company has common and series A preferred. I use DCF to arrive at an enterprise value and I have my Black-Scholes assumptions (risk free rate, volatility, etc.…
1
-
Do Finance teams really need a desk?
I saw this article from CFO Magazine and thought it was really neat. I don't think it would work for our setting but love the innovative and collaborative thinking abilities. Could you work like this? http://360.steelcase.com/articles/the-next-office-why-ceos-are-paying-attention/
11
-
Is it common practise to grant a venture debt lender a first security priority lien on all assets including IP?
We are a software company and in the process of raising venture debt. Some lenders we are speaking to have asked to grant them a first security priority lien on all assets including intellectual properties. Is it a common practise? What do we have to give up if we propose to carve out the IP? thank…
3
-
Invoicing in Brazil
We are a US based recruiting firm that specializes in outsourced recruiting (RPO). One of our biggest clients is a US based, international company, that has recently opened a division in Brazil. We are currently doing the recruiting for their Brazil entity and billing the headquarters in the US for…
1
-
Equity Compensation in start up for CFO/COO
I am joining a startup company as CFO/COO. The company has raised some initial angel financing, but needs to raise additional funds before salary can be paid. Salary would be accrued, and I realize it may get nixed as a condition of additional financing. I am being offered equity in the company, ho…
3
-
Looking for Accounts Payable Best Practices / Efficiencies while maintaining good internal controls
Our organization deals with a large volume of employee and physician expense report reimbursements. We currently use a signature stamp to stamp between 200-300 checks per week and have Executives manually sign over a specific dollar threshold. I am looking to print electronic signatures on checks …
3
-
Board of Directors; how does one find these positions?
I feel I have the right credentials, business experiences and outlook to be an asset. I've always been an "out of the box" sort of guy, and understand that not all ideas are workable, not all ideas are genius, and nothing and no-one is perfect. So how does one go about this process?
4
Previous
