GAAP vs. Tax Rules: The Controversial Role of the Direct Write-Off Method
Executive Summary: The Heart of the Controversy The direct write-off method is a debated accounting approach because it sits between clear financial reporting and tax compliance. It records bad debts only when a specific amount is confirmed as uncollectible. Understanding the Direct Write-Off Method What is the Direct Write-Off Method? According to Aptora, the direct […]
How Integrated POS and ERP Systems Support Multi-Channel Retailing
Being on multiple marketing channels is now widely considered essential to sustainably grow a business. For retail companies looking to get an edge over their competitors, increasing the available channels generally improves their reach and provides a more nuanced view of customer preferences, resulting in higher revenue. There is a fundamental downside to multi-channel marketing […]
Compass Minerals appoints Jeffrey Cathey as CFO
Compass Minerals, a leading global provider of essential minerals, yesterday announced the appointment of Jeffrey Cathey as the company’s new chief financial officer (CFO). In this role, Cathey will be responsible for all aspects of financial management, including accounting, reporting, tax, internal audit, treasury, financial planning and analysis, and investor relations. Cathey joined Compass Minerals […]
Groupon announces CFO succession
Groupon, Inc., one of the leading destination for local services & experiences, yesterday announced the appointment of Jiri Ponrt as Chief Financial Officer. Mr. Ponrt will succeed Damien Schmitz in that capacity and will become a member of the company’s Leadership Team. Mr. Ponrt intends to relocate to Chicago. Jiri Ponrt is joining Groupon from Pale […]
