“I met Megan just over 3 years ago when I was hired by Warner Chilcott. As I have progressed in my own responsibilities as a Treasury Analyst, I have had the honor and pleasure of working more closely with Megan. She has a wealth of knowledge to share and is an absolute expert in building financial models and understanding the financial structure of a company. She has an approachable and calming demeanor and is always more than willing to share her knowledge and provide guidance where it pertains to such areas as supply chain, transfer pricing, inter-company loans, forecasting...the list goes on. Megan was a mentor to me in my development of the cash flow forecast. She provided constructive criticism and assisted me in developing a plan to create a formal process and design a template and model in excel. She has a very positive attitude and is always willing to take on more responsibility to assist in any way she can in a team environment. While I did not report to her directly, her door was always open and she always had words of advice and encouragement. She helped me to gain confidence in my own expertise in the Treasury function. I am honored to have met her and to have had the pleasure to work with such a brilliant person. I feel her greatest strength, aside from her wealth of knowledge in finance, is her genuine desire to see her colleagues and those who report to her, succeed in what they do. She will be a strong asset to any company she is employed to work for.”
About
Leader in process improvement across all areas of finance with a focus on accounting…
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Best time of the year. We officially made it through Winter ... & more importantly March Madness is here. 🏀 🏀 🏀 The games haven't even started…
Best time of the year. We officially made it through Winter ... & more importantly March Madness is here. 🏀 🏀 🏀 The games haven't even started…
Liked by Megan Schoeps, CPA
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Montauk Brewing went from a small tasting room to New York’s #1 craft brewery, growing from 500 to 60,000 barrels. But scaling a business isn’t just…
Montauk Brewing went from a small tasting room to New York’s #1 craft brewery, growing from 500 to 60,000 barrels. But scaling a business isn’t just…
Liked by Megan Schoeps, CPA
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Financial Planning & Analysis (FP&A) is no longer just about forecasts and spreadsheets. Today’s FP&A professionals must combine technical expertise…
Financial Planning & Analysis (FP&A) is no longer just about forecasts and spreadsheets. Today’s FP&A professionals must combine technical expertise…
Liked by Megan Schoeps, CPA
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Wishing the LinkedIn Community an awesome Hump Day! My team Alexa Finnerty, Erika Danielle Aguila, Eric Schindler, Chris Sholtis and I are sourcing…
Wishing the LinkedIn Community an awesome Hump Day! My team Alexa Finnerty, Erika Danielle Aguila, Eric Schindler, Chris Sholtis and I are sourcing…
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If you work with lease contracts, you know how long and packed with information these documents can be. And while it may be tempting to skim them, they contain critical information that accountants need to ensure compliance with leasing standards. ASC 842 has specific requirements for how leases should be recorded on the balance sheet depending on the lease term. This means that accountants must abstract key information from lease contracts to account for these nuances. But collecting this information doesn’t have to be a lengthy process. You can rely on software and AI to quickly abstract lease information and ensure you meet the requirements of ASC 842. Linked in the comments, you will find a blog that explains the importance of lease abstraction and how AI can help. 👇 #leaseaccounting #AI #automation #blog #newblog
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To commemorate the new year, we've looked back to reveal your top article of 2024… When the Public Company Accounting Oversight Board (PCAOB) declared a crisis due to a reported shortage of 340,000 accountants, we analysed potential causes and whether a quicker path to CPA licensure could help to solve it. If you missed last year's analysis, with viewpoints from the AICPA and considerations around the future of the profession, you can still catch it here: https://lnkd.in/eS8Zgzja #cpa #cpajobs #accounting #publicaccounting #tax #audit
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As it’s become increasingly popular for external CPAs and even CFOs to help run a company’s financial operations, the AICPA is looking to amend the standard for financial statements prepared by an external entity. The change is looking to address the uncertainty, confusion and diversity of practice with respect to the subject, said Michael Glynn, associate director of audit and attest standards and staff liaison for the AICPA’s Accounting & Review Services Committee. #accounting #externalCFOs #outsourcing https://lnkd.in/epiFcW2i
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How to effectively retain accounting talent in 2024 ⬇️ Research from the Pennsylvania Institute of Certified Public Accountants (PICPA) indicates a rising need for nuanced retention strategies. After surveying both current and former CPAs and other accounting professionals, researchers found: - It's not just about the money 💵: Employees tended to depart from their roles due to a combination of factors including work-life balance, benefits, and recognition from management. - Many professionals are here to stay 🤝: Plenty of the professionals that were surveyed wanted to stay in their profession and with their employer. - Compensation and workload management are key 📍: Professionals want more flexibility over location and working hours. Read the full article here: https://buff.ly/4bj2IJl #compensation #CFO #accounting
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