Chief Financial Officer (CFO) Network - The #1 Group for CFOs

Chief Financial Officer (CFO) Network - The #1 Group for CFOs

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Miles

Controlling Supply Chain, Operating Plan, Balance Sheet Assets

Founder and CEO, Recruiter.com

Fixed Asset Inaccuracies in Your Company's Financial Statements Can be Costly
This article shares BNA's own controller's perspective regarding proactive strategies to eliminate financial statement errors and avoid the hassles and embarrassment of restatements. Learn how comprehensive fixed asset software can prevent the pain of statement errors: http://bit.ly/sxFtUp


Hi everyone,

Hope you’re having a great day. There is a lot to talk about in the CFO Group discussions this week - share your expertise and ideas in some of these threads:

Tom asks:
Should a CFO be in control of Supply Chain functions | LinkedIn http://linkd.in/ug1jhc

Sitaram says:
Role of CFO in Annual Operating Plan / Business Forecasts | LinkedIn http://linkd.in/uZTwFq

Prabhash Jha wants to know what you think about:
CFOs and off balance sheet assets | LinkedIn http://linkd.in/rVaAop

And a great read from CFO.com: Haunted by Bad Growth Strategy? Here’s One Fix | CFO.com http://bit.ly/t1WXOV

Also, remember to stop by http://www.recruiter.com/career-advice/ for the latest tips and career articles.

Have a great week!

Miles
http://www.linkedin.com/in/milesjennings


Fixed Asset Inaccuracies in Your Company's Financial Statements Can be Costly
This article shares BNA's own controller's perspective regarding proactive strategies to eliminate financial statement errors and avoid the hassles and embarrassment of restatements. Learn how comprehensive fixed asset software can prevent the pain of statement errors: http://bit.ly/sxFtUp

  • Comment (3)
  • November 2, 2011
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Comments

  • Tom T.

    Tom

    Tom T.

    Regional Operation Manager at Sunstate Equipment

    Converting Real Property to personal property at an appropriate deprecation schedule is still underutilized.
    For many businesses it can be the most effective balance sheet improvement they can make.

    I just completed a Cost Seg study for a company that received a 100% refund for the last 2 years and will not pay income tax for the next 5 years.

    That's powerful.

  • Sumathy S.

    Sumathy

    Sumathy S.

    Financial Services at

    Fiscal cliff and the market trend is crucial in order to avoid the tax increases by next year. For fixed assets recording accuracies Market value Vs Book value also pushing to reach the desired recordings impacts the credibility.

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