Fractional Controller: Case Study

SUMMARY Chris Perillo was offered to replace Michael Grant, who has resigned and gone to the competitor Universal Business Solutions, Inc. Previously, Perillo managed a group of 15 software developers, but now he is assigned with a bigger and more prestigious position; the Vice Presidency of Operations for Health and Financial Services. Chris needs to review all the material in the in-basket, as well as the voice mail and e-mail and prioritize the response to each item. Perillo must make good decisions in a good time manner in order to gain confidence from the President and CEO and also all his new subordinates. Each decision will directly affect his career, so as the future of the organization. The case presents a realistic situation

Ethics Case 3-16 You are in your third year as an accountant with McCarver-Lynn Industries, a multidivisional company involved manufacturing, marketing, and sales of surgical prosthetic devices. After the fiscal year-end, you are working with the controller of the firm to prepare supplemental business segment disclosures. Yesterday you presented her with the following summary information:

 ACCOUNTING CASE ASSIGNMENT #1 ATHINA BUILDING SUPPLIES LTD. October 4th, 2013 To: CFO of Athina Building Supplies Ltd. From: CA Re: Issues and Recommendation Regarding Athina Building Supplies Ltd. ROLE I am an advisor to the CFO hired to evaluate the events that occurred during the year ended December 31st, 2017, and to prepare a report

Date: October 11, 2011 To: Mr. Philip Long From: Mr. Kunal Patel Subject: Recommendations Introduction Below are my recommendations to Mr. Philip Long, the CFO of DeviceCo, regarding tasks he has assigned me to do. The tasks entail answering the following questions in my analysis of whether LeaseMed is a Variable Interest Entity (VIE) and if DeviceCo should consolidate LeaseMed as a primary beneficiary: (1) Does DeviceCo qualify for the business scope exception, (2) Does LeaseMed have sufficient equity to finance its activities without additional subordinated financial support, and on the basis of that answer, is LeaseMed a VIE, and (3) Is DeviceCo still required to consolidate LeaseMed as its primary beneficiary?

Team Bio 1: Joshua Leavitt, CEO As CEO, Joshua is responsible for strategic vision, sales and marketing, finance and accounting, and operations. After nearly 20 years in finance, Joshua was in the process of leaving his old job, where he stored his own personal information and managed his boss’ personal risk

Mr. Lucio has been employed by TCP since 2011. He is responsible for subcontracting with federal and local agencies. He supervises training and conducts program monitoring.

I am writing to tell you of the many fine qualities of Eric Ovalle, whom I have known for more than 3 years. In this time that have Known Eric Ovalle I have come to see that he is tirelessly hard working, kind and dedicated individual in both his personal and educational life. Eric Ovalle is about to graduate from the University of Houston-Downtown next semester and I can assure you that he will be a great contribution to your company.

Sponsor: Our CEO is aware of the ongoing organization issue and is fully supporting this project. He is overseeing the budget and keeping our warehouse focused on the need for it to be implemented. He is also responsible to approve any cost overruns and overtime pay when necessary

Individual Final Project You have been named the Chief Financial Officer (CFO) of a two year old company, CUNY Analytics. Financials have been prepared by a bookkeeper. As CFO, you responsible for the preparation of accurate financials, analysis and review of the financials before they are released and communication of the results of your company to banks, investors, creditors and the government, as necessary.

As an accountant manager, Mr. Stoecklein manages a group of accountants responsible for setting out financial documents for external stakeholders. Because it was the beginning of May, his team was busy with closing the books, so I was able to see a meeting he conducted to make sure everything is going according to plan. He has been in this position for 11 years now. Prior to that, he worked four years at KPG, one of the “Big Four” accounting firms.

The area that I chose to discuss under the CFO is the Director of Budgeting. The roles and responsibilities include handling the budget, and managing all expenditures and its limits, supervising staff, and analyzing profit goals, revenue, and expenses while complying the regulations of not only the company but the

Accountable, diverse results oriented Medical Billing and Coding leader with 15 years of experience specializing in executing measurable and sustainable results supporting growth and innovation agendas. Outstanding qualifications in building and managing relationships with deep expertise in medical coding and reimbursement driving change through public affairs activities

The CFO or chief financial officer oversees three directors: a human resource director, senior director or controller, director of accounting, and all receptions. He or she is basically over day to day operations on the business side of the business; handling finical problems paying bills and overseeing the employees of the company. Another depart that helps and is on the same operational side of the franchise is the Operations and Information department. Which is ran by a vice president, that oversees; technology, operations, risk management, and has a staff accountant.

• Dena Marshall, Interim Chief Operating Officer; She talks on the meeting and inform the CEO what is happening in GOSH and is responsible for everything what happen in the GOSH so every important information is inform to her.

As the new CEO of XYZ global financial services, I will immediately engage and communicate with the firms stakeholders via hosting a Town Hall webcast in order to inform and empower the firms stakeholders (JWI 505, Week 1, Lesson1). I will inform and increase the knowledge of our employees and shareholders by reviewing our capital strengths, reduce uncertainty about the new regulatory environment and our new compliance plans, and defines our new customer focus. I will empower and transfer authority to our stakeholders by reviewing our strategy based on the mission and values of the organization to continually train and successfully attract high-quality employees and provide a candid assessment of where our country and the world are today and discuss our opportunities for success and anticipated challenges.