Discover and read the best of Twitter Threads about #Accountant

Most recents (5)

1/ I’m new here so thought I’d introduce myself.

I’m a career corporate CFO.

I specialise in very large private businesses (10 figure+ revenue biz)

I’ve been lucky to work with billionaire entrepreneur CEOs, and some outstanding listed CEOs

#accounting #accountant #finance
2/ I started in the Big 4, then jumped out 2 days after I qualified.

Then moved into FP&A / commercial roles initially in very large corporates.

I became CFO of a $1bn revenue consumer business whilst still 30 and have since done 10 years as CFO of very large and businesses
3/ I’m currently a few years into a high profile turnaround of a global business with listed securities, hence the anon account.

Most of my career has been in retail, leisure, consumer or manufacturing.

As well as finance, I have run procurement, IT, supply chain, commercial.
Read 9 tweets
There is an obscure problem when you join the BIG-4 Advisory or auditing, or consulting side of the profession within the services sector.
Most of the co-workers come from an #Accounting background, which makes things awfully difficult to communicate and interpret.
I remember working with an #Audit Expert, having a BIG-4 background.
The chap didn't understand anything except for debit, credit, and fraud risk.
The assignment required to be sophisticated Actuarial Finance, Mathematics, and Econometric Skill Sets to understand the GAPS.
Hence, the biggest problem in the Financial Risk Management, #ERM, Quantitative Risk Management, and other FE Financial Engineering related risk management processes, when working with a #BIG4 Firm, is the interaction with Accountants and Auditors who have their own Lingua Franca
Read 12 tweets
How Are LLCs Taxed? Your Beginner Guide

As a small business owner, it is vital to know where your money is going and what taxes you must pay every month, quarter, or year, so you can budget accordingly. Image
A limited liability company (LLC) is a business that gives the owners limited liability, so their assets are protected if they were to be sued or get into financial difficulty.
For this reason, it’s an incredibly popular business structure, but understanding how they are taxed can be complicated. We’ve broken it down for you here, so read on to understand exactly how LLCs are taxed so you can move forward with confidence.
Read 36 tweets
Remember this is the @SheriffBernal all the #LocalTrump types paid $500,000 to get into office?
And @RepJimmyPanetta so cozy with ‘Judge’ John Phillips (who clings to his title like an incontinent old man clings to his diaper) with #PLASHAWILL as the bag woman for both of these two: (and #BipartisanJimmy is silent on #MoCo #corruption 🤔)
And the multi-hundred millionaire #WarrenWayland who had the @CityofSalinas and County of Monterey name a stadium after him at the #Salinas Community Center. The #accountant who has paid huge fines for failing to timely report many, many campaign contributions?
Read 17 tweets
إيش تتوقعوا أهم مرحلة في مراحل الدورة المحاسبية؟
أهم مرحلة هيا مرحلة الثانية واللي هيا، تحليل العملية المالية وتحديد طرفي القيد المدين والدائن؛ لأنها الأساس الذي ستُبنى عليه بقية المراحل فأيّ غلط في التحليل سيؤثر على النتيجة النهائية🌟
المرحلة الثالثة: الترحيل إلى دفتر الأستاذ
بحيث يتم في هذه المرحلة نقل العمليات المدينة والدائنة من القيود المحاسبية إلى الحسابات الموجودة في النظام المحاسبي للشركة. وبعد ذلك يتم ترصيد الحسابات ونقل تلك الأرصدة إلى ميزان المراجعة💭✨
Read 43 tweets

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