Pat Voll, vice president of RoseRyan, a founding FINACA member, weighed in on this question during a CFO.com debate along with three other experts. She urged senior executives to consider the “who” rather than the “what” when looking at where they store their information. … [Read more...]
AMS Summer Reading List: What Are You Reading This Summer? Top Ten Books
Summer is almost here, which means you may have an opportunity to catch up on your reading. We've put together a list of top ten choices with some of our favorite books. The Boys in the Boat: Nine Americans and Their Epic Quest for Gold at the 1936 Berlin Olympics by Daniel James Brown – The #1 New York Times–bestselling story about American Olympic triumph in Nazi Germany. Story about beating the odds and finding hope in the most desperate of times. The Alchemist by Paulo Coelho - This … [Read more...]
RoseRyan’s in Accounting Today: A playbook for developing a unique firm culture
RoseRyan’s journey to define and cultivate its culture. Vice President Pat Voll, notes that because of its deep foundation, RoseRyan is firing on all pistons, with the whole far greater than the sum of its parts. She urges taking the long view on this kind of work as well. Read Voll’s article, loaded with tips, here: … [Read more...]
An Updated Revenue Recognition Policy
By Michael Bevilacqua, Senior Operational CFO at Accounting Management Solutions If you’re a Chief Financial Officer, Chief Accounting Officer, Controller or any other title tasked with oversight of accounting policies, it’s a good guess that you, like most, have put off writing your new revenue recognition policy to comply with ASC 606. This is likely if you’re in an investor backed entity, owner managed entity, or any other entity that doesn’t quite crack the Fortune 1000. There are … [Read more...]
When to Hire a Controller and a CFO
Most CEOs are great at hiring the key individuals they need to execute on the operational aspects of the business. However, oftentimes there is a struggle with the question of “when should I hire more senior financial support?” Generally it does not happen until there is a crisis, such as feeling pressure from the bank or other stakeholders to provide necessary financial information that the company needs in times of critical assessment. Time after time, AMS receives emergency phone calls from … [Read more...]
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