Tuesday, October 3, 2017

GRLSTEM lines on cross functional support

 GRLSTEM lines on cross functional support:

www.GRLSTEM.com #CFO #CIO #ProjectManagement #BusinessAnalysis #Risk and #Analyst lines. Harmonization on #Risk + #Cyber needs through #GRC and #ITGRC horizons to needs.






Saturday, March 11, 2017

DCarsonCPA Accounting - Bringing it all back home in Context

DCarsonCPA Accounting - Bringing it all back home in Context (Beta released in Draft / will be back to fix this One / Edit and Smooth):

In order to make sure it doesn't get lost in translation where we start to mix macro and micro lines, we think it's critical at point to bring it all back home and have some lines on accounting here. Part of reluctance to do so had been that we want to make sure we are getting the calls on support and not giving the opportunity away. One things for sure after 22+ years on a topic you get to know it very very well, especially when the  basics remain as consistent as debits and credits. The challenge that get's lost in translation to non Accounting professionals is that the core structure of debits, credits and financials provides a consistent base to many points and many industries especially when you thrive with Economic, Risk, Legal, Financial and Technology Research and the Eco System lines of Entities (Industry - Public and Private, NGO, Non Profit and Government) on teamwork in support to Community and Societal needs.

The benefit and complexity of  22+ years on point on financials is that as you work in space you benefit from the routine of the work AND the growth that every one needs to make sure that they are staying neuro plastic and adaptive to a world that is rapidly changing around us through Technology and innovation. It is our duty and opportunity to consider how change will impact our core chosen profession to work with the debits and credits and the broader context line of what happens beyond financials where at the Entity level the goals on financials are growth , logistics of resources to needs across entities including cost accounting ,accounting, payroll, purchasing, invoicing, inventorying and benefit mapping, logging insurance, analyzing insurance policies, and more points on the routine roll of debits, credits, sub-ledgers, ledgers, financials, income statements , balances sheets, cash flows, analysis and the accounting of basis across a number of domains including but rarely limited to GAAP, IFRS, OCBOA, TAX, SEC, CFTC, and the many lines of SROs and speciality segments falling underUS Treasury, State Regulatory and Potentially Multi- National Domain Accounting  (for example US - CA, US-UK, US - India, US -  Latam and other points. We are forever transformed in perspective to accounting through the experience of building out the DCarsonCPA Lines to help on the Economy and Financials. Mammoth and Epic in context to a project we launched the DCarsonCPA as our open Thesis and Hypothesis on a walk to advanced Economic Education to help on the Macro Level Challenges on the Deficit and Debt  which loom large on the economy and  on a more personal level through a need to align to ever more opportunities for growth in a complex time in the Economy and Financials.

The ability to function between the micro and the macro is a critical element of leadership needs and growth and ability in up chain support to Leadership, Analytics, Dashboarding and many other needs including understanding accounting systems in relation to entities AND understanding accounting functions beyond the core domains and disciplines of audit, accounting, taxation, financial reporting and analysis, Accounting Information Systems, Controls, Finance, Balance Sheet, Liquidity, Cash Flows, Treasury, Risk Management and more. Accounting is the set of skills that helps you understand how something so simple can become so complex across roles standards , rules, functions,industries, personal preferences and nuances. But in the aggregate always reducing to a binary base of 2 points  - a debit and a credit.

Next on the line and a clarification for those who may not see it as clearly as we do. Starting from the base of what does it take or what did it take in the earlier days of our time to find the profession and build the skills ..... that will be next post potentially....

This one is just a quick introduction to kick this off and let you know we can help bring skills as a n Asset to your Balance Sheet and help you with the Debits and Credits through financials, controls, full cycle audit and analysis as is the core of our skills upon the solid line of Audit - CFO / Controlling over many years,

Dr. Goodwill
Cr. Knowledge

Bring it to the T - Accounts


Goodwill
DCarsonCPA



Knowledge
DCarsonCPA

We are going to make this a fun AND relevant web page. into a blog in compliment to the DCarsonCPA lines because learning is fun and applied knowledge and working with knowledge is far greater than the alternative of working without knowledge and in essence that is what accounting, is, the knowledge of your Entity or Individual / Family Financials in good times and bad and in times of process between end points where the goals are consistently to find growth in resources, logistics of efficiency and to find tolerable risk points in relation to growth to help protect the Wealth that your build through financials. You could say in a word that Accounting is the tracking and flow of needs to demand on demand or the identification of abundance or challenges in finding the resources to needs or being in between. Whether the news is good, bad or in different the financials is where you need to go to get the understanding and while finance can help at some levels to analyze financials in context if you want the process to work at the optimal points your going to need an accountant (and not a book keeper - who have a differing degree of skills that can for use of reference begin to corral the data but you you could say it's the accountant that rides herd to get the data marshaled to legible financials fit for the multitude of needs across GAAP, IFRS, OCBOA, Tax and other points.)


Need to spell that out because in the world that you may find book keepers who may not know that line beyond book keeping to true accounting and may state that they do, it may be possible but the high probability is 99% unlikely unless there is something substantial in there experience, studies or other points like perhaps having worked in accounting and then having shifted or who knows....The Book keeper is to the Accountant as the Paralegal is to the Lawyer for metaphor.

Last point because we feel the need to protect the domain of the next step of the line, a CPA, a CPA is an accountant who has committed to a rigerous exam and test and hours and hours of preparation across GAAP, IFRS, OCBOA, Tax, Compliance and many points relevant to the more skilled lines of accounting and frequently public accounting, audit and tax. Last point here since we have seen this if a bookkeeper tells you they are associated with a CPA , know that CPAs are licensed by the state( and bookkeepers are not) AND if someone is pitching to you through that angle - call the CPA they are associated with directly to confirm that point.  Mentioning this because it's not exactly the same thing and after all CPAs have been through to pass the exam and get licensed the Public needs to be aware that in that position they should reach out to the noted CPA for confirmation of that fact.

So we've quickly layed out and and shared here a heirachy we may return to:

Bookkeeper (No license, Degree may be HS, Associates or other)

Accountant or Auditor (Not necessarily a CPA but likely possessing and Degree in Accounting and Financials).

Certified Public Accountant (State Licensed Accountant)

There are many schools of Accounting. But not ALL schools are equal we went to PACE and Pace University is to Accounting as Harvard, Yale and Stanford are to the ivy league from where we stand. The only other school as strong is Villanova unless something has changed..... this is an Opinion that we stand upon. That noted brilliance can be found in many places but we'd like to recommend you go to PACE first and step by step compare the Pace Program to others.. to see the value. Let them know we sent you.

If you read the bit on Harvard, Yale and Stanford that is our bias and you are welcome to disagree and it doesn't mean that we don't see value at other points, we are just calling it as we see it and we are open in offering the opportunity to hear why you believe your Ivy League school is better we are glad to take a rational accounting look at it.


That's alot for a first post...we hope to keep it lively and engaging and it will be the points on accounting in many directions so we can let you know how deep the value is where we can help on your needs on accounting, financials, taxes , compliance / regulatory reporting and other points.

The DCarsonCPA lines are Out Magnum OPUS so it will all be here on one point or the next as we map to projects and opportunities from the lines of  www.dcarsoncpa.com .