Here’s Your Sign From the Universe to Find a Better Opportunity
From the moment you choose accounting as your major, the one thing you consistently hear from peers and professors is “go into public accounting when you graduate.” Many professors, being Big 4 alum themselves, urge you to take a traditional path: internship, graduate, full-time role, CPA exam, and then put in your mandatory two years […]
Get an Accounting Job with Startup Perks–Minus the Startup Risks
Looking for a job in the accounting field where you’ll get to interact with a wide variety of clients, gain a foothold in the ever-expanding tech market, and enjoy the benefits of a startup lifestyle without the fears of working for an unstable company? If that sounds appealing, FloQast may have a position for you. […]
No Matter the Timeline, Controllers and Their Teams Must Be Ready When the IPO Window Opens
Well, looky there, Sarbanes-Oxley requirements. In a perfect world, a private company that is planning to go public would take 12 to 24 months before the initial public offering launch date to make sure all of its i’s are dotted and t’s are crossed. But the world we live in ain’t perfect, and certain factors […]
Supporting the CFO Through the IPO Process Is a Big Task for Controllers
During the interview process for the job of corporate controller at Borderfree Inc., Scott Paterniani, CPA, was told by the company’s CFO, Ed Neumann, that he was focused on operations, scaling the business, and other strategic initiatives, and he needed someone with recent experience with an initial public offering and the Securities and Exchange Commission […]
10 Tips on How Controllers Can Survive Their First IPO
So far, 2018 has been a damn good year for IPOs in the United States. The U.S. IPO market is coming off a first quarter in which 44 companies, including Dropbox, went public, raising about $15.6 billion—the best quarter by proceeds in three years, according to a March analysis by research firm Renaissance Capital. That […]
Webinar: 5 Strategies for Streamlining Reconciliations in Excel
Hey there, accounting brethren. If you’ve emerged from your version of busy season unscathed and would like to squeeze in a little personal development, we recommend this free on demand webinar from our friends at FloQast: “5 Strategies for Streamlining Reconciliations in Excel.” It’s amazing how much time is wasted within accounting teams due to […]
More Than 30 Years After Its Debut, Many Controllers Still Head Over Heels for Excel
When Microsoft Corp. released its spreadsheet program, Excel for Windows (Excel 2.0), in late 1987, Lotus 1-2-3 was all the rage. “Among numbers-crunching accountants, corporate planners and business school students, the program has developed the kind of loyal following usually reserved for Madonna and the Boston Red Sox,” the New York Times wrote on Oct. […]
Controllers Say AI and Blockchain on the Cusp of Transforming SOX Compliance
When asked whether artificial intelligence and blockchain will play a role in accounting and finance teams’ Sarbanes-Oxley compliance efforts in the near future, Brian Christensen said, without hesitation, “Absolutely.” “The question is, how far down the road is that?” said Christensen, executive vice president of global internal audit and financial advisory at consulting firm Protiviti. […]
Controllers Talk About the Paths They’ve Taken Toward SOX Compliance
As we approach the “sweet sixteen” of the Sarbanes-Oxley Act later this summer, corporate controllers provided some perspective on how SOX compliance efforts have changed with the times and what challenges they continue to face. “I’ve seen quite a few SOX changes through the years and improvements to internal controls since the original COSO framework was […]
FloQast Founders on Competition, Accountants as Entrepreneurs, and How Teamwork Makes the Dream Work
As a freshman at Syracuse University, Chris Sluty knew his buddy and fellow Syracuse accounting major, Michael Whitmire, would start his own business one day. “I remember telling Mike, ‘Let me know when you start something, and I’ll be there,’” Sluty recalled. And Sluty was right. After they graduated from Syracuse in 2006, Whitmire went […]
Controllers Tight-Lipped About New Corporate Tax Changes
During an article brainstorming call I had with Caleb a couple Fridays ago, we both agreed that it would be interesting to ask corporate controllers and chief accounting officers what they thought of the Tax Cuts and Jobs Act, the sweeping tax legislation that was signed into law in late December. Surely they must have […]
How Accounting Teams Can Avoid the Year-End Audit Scramble
Webster’s defines the word “scramble” as “to move with urgency or panic.” If you want to see a scramble in action, turn on any college football or NFL game and watch the quarterback try to elude several angry 325-pound defensive linemen. While accounting and finance teams don’t have to worry about large, angry auditors chasing […]
Featured Job of the Week: Accountant with FloQast in Los Angeles
Our featured job this week is an Accountant with FloQast in Los Angeles. Position: Accountant Location: Los Angeles Employer: FloQast Requirements: 2+ years experience in public accounting (assurance) at a Big 4 or national firm; CPA, or CPA candidate; Solid understanding of GAAP; Team player attitude; Extremely organized and detail oriented; Commitment to self-improvement and success; […]
Love Technology & Accounting? This Company Wants to Hire You.
A software company that makes apps for accountants by accountants? It’s for real, and they’re looking to hire now. If your world is one where technology and accounting collide, you should check them out. FloQast is a startup in the conventional sense, and they’re growing rapidly. They just raised $25 million in series B funding, […]
Here’s How Thrive Market Woke Up From Its Month-end Close Nightmare
Imagine a month-end close process in which the close checklist, reconciliation schedules, and general ledger are in three different places, making it a nightmare for management to know what’s ready for review, if mistakes had been made, and what deadlines had been missed. Sounds dreadful, doesn’t it? But that scenario used to be a reality […]
Announcing Our Partnership with FloQast, the Startup Built by CPAs
Okay, some big news. Going Concern’s been at this for the better part of a decade, and one of our big goals for awhile now has been to produce more content for our readers who leave public accounting for industry. Which, let’s face it, most of you are going to do. You hear about us […]
Got Product Marketing and Accounting Experience? Here’s a Job for You.
FloQast, makers of some really cool software that helps accountants close their books faster, needs help from someone who can spread its message—someone who has strong accounting experience but can also sell clients on why this streamlined closing software is such a leap forward. They need someone who knows product marketing and accounting. But there’s […]
FloQast, an LA Startup Built by CPAs, Has New Career Opportunities for CPAs
For far too long, public accountants traveled a mostly predictable track; graduation, start with a Big 4 (or 6 or 8, depending on how far you want to go back) firm, put in your couple years and then it was off to private industry, government, or non-profit. Or maybe you’d stick around in public a […]
Accountingfly Featured Job of the Week: Senior Accounting Specialist with FloQast
Accountingfly’s featured job this week is a Senior Accounting Specialist with FloQast in Los Angeles, Calif. Position: Senior Accounting Specialist Location: Los Angeles, Calif. Employer: FloQast Requirements: 1-3 years public accounting experience; bachelor’s degree; CPA preferred About FloQast: FloQast is a fast growing, Los Angeles-based startup. We build cloud-based software that helps manage accounting departments by centralizing the workflow, […]
For Once, the Month-End Close Drives You to Drink for Fun
Please enjoy this sponsored content from FloQast. Join us on Thursday, May 18th from 6 to 8 p.m. for a happy hour panel discussion at the Stack Overflow office in New York City, where attendees can gain insight into best practices for managing the month-end close process. The panel will include accounting and finance executives […]