ABP #181 - Accounting in a Startup Company
The accounting challenges in a startup organization.

The accounting challenges in a startup organization.
When to provide training and how to motivate the staff
Revenue recognition for contracts with customers
How to segregate accounting duties in a small business
How to account for freight
What a manager expects from a staff accountant
The new accounting standard that allows goodwill amortization
How to gain an understanding of undocumented controls and processes
A look at underlying patterns that govern accounting behavior
Tips on proper use of accruals and deferrals
How to maximize cash from collections
Controls for wire transfers, investments, and loans
How to reduce the risk of petty cash losses
Tips on how to improve the reconciliation of accounts
The pitfalls and possibilities of changing careers
How much systems integration is necessary?
The incremental approach to organizational upgrades
Advice regarding training for your accounting career
Problems with the chart of accounts and account code structure
Whether to obtain an accounting certification, and which one to pursue.
Guidelines for when to write a procedure
When to use a soft close, and to what extent it should be used
Accounting for a business when it is about to be liquidated
Bob Poley discusses the mechanics of intercompany accounting
Why not to use the senior accountant title
The effect of new rule changes on continuing professional education for CPAs
A new standard has been released that addresses how reclassified other comprehensive income items are to be reported
How not to cut expenses
Focusing on cost reduction through cost objects
Dr. Philipp Schaberl discusses required changes to the reporting of other comprehensive income