FP&A
Job prospect in developed country
Based on the career planning question of an Indonesian Big Four auditor, this article analyzes the practical difficulty of seeking employment in Australia, Canada, or the UK/Europe after accumulating five years of experience and obtaining CFA/ACCA, and explores the potential impact of a local master's degree on employment competitiveness.
Making Excel Forecasting Simple
A practitioner faces the challenge of forecasting with only Excel, needing to balance process simplification with maintaining accuracy in revenue, profit, and resource planning driven by direct labor. The article analyzes whether the proposed simplified method based on fulfillment cycles, percentage of completion, target profit margins, and historical data is feasible.
How can a nonprofit maintain net assets if depreciation expense is 25% of overall budget?
A nonprofit organization faces the risk of declining net assets as depreciation and amortization expenses from a property purchase account for 25% of its overall budget. This article analyzes its financial difficulties, proposes potential solutions, and invites professionals with similar experiences to share insights.
What is your opinion ? have you see something similar before ?
A sales manager at an ICT system integrator revealed that the company's management is planning to change the sales commission assessment benchmark from turnover-based (combined with gross margin) to invoiced amount-based (combined with gross margin per invoice). This adjustment involves differences in assessment logic, cash flow, and revenue recognition, which merits industry attention.
Any forecasting software take in inputs such as Sales Contract data?
A 15-person enterprise software company is seeking to migrate from Excel financial models to a modern framework, hoping to find software that can directly input key driver data such as sales contracts and automatically generate forecasts for the income statement, balance sheet, and cash flow statement.
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Manufacturing enterprises (such as Ford Motor Company) often establish captive financial subsidiaries to promote sales. In financial statements, the interest income and related expenses of this financial segment are presented separately. This article analyzes whether, when calculating gross margin, the sales and expenses of the financial subsidiary should be consolidated with business segments like automotive, or whether gross margin should be calculated based solely on core products (such as automotive sales and services), with the net interest income of the financial subsidiary treated as non-operating income or as an interest income/expense item.
Management accountant consulting
The popularity of the CMA certification is rising in China, and some view management accountant consulting as a field with potential. However, there seem to be few consultants actually working in this role, with financial management being more common. This article initiates a discussion on this phenomenon and seeks opinions from peers in different countries.
Guidance around travel budget
When preparing the FY19 travel budget, teams need to reference average costs for domestic and international travel. This article proposes a set of preliminary estimates (such as domestic flights $300-$600, international flights $7,000, hotels $300 per night, etc.) and seeks additional input from other practitioners to complete the budget more efficiently.
Need expertise - Looking to Form an LLC in New Mexico and Foreign LLC in Ohio - Getting mixed answers from local accountants
An Ohio resident plans to form a domestic New Mexico LLC to hide their home address, while also needing to register as a foreign LLC in Ohio due to having a home office and bank account there. Two Ohio accountants give different accounts of how Form 533B should be signed: one says it can be signed anonymously through a second registered agent, while the other insists on a personal signature. The article retains all details for expert reference.