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October 2016 Newsletter San Diego
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Time Off to Vote Notice

by Laura Nieman, HR & Operations Manager, Pro Back Office

With the upcoming election on November 8, employers must post the “Time Off to Vote Notice” by Friday, October 28.  The California Elections Code requires employers to post a notice to employees advising them of provisions for taking paid leave for the purpose of voting in statewide elections. 

Employers must post the employee notice at least 10 days before a statewide election. This posting must be in the workplace or a location where employees can see it as they enter or exit their place of work.

Read More Here,,,

What is Project-Based Accounting and When is it Useful? 📝
by Mike Ford, Chairman, Co-Founder & COO at Pro Back Office

Project accounting is accounting performed on a project-by-project basis, tracking various individual components of the project. This ensures that your project stays on budget, tells you what you should be billing, and informs the project’s overall profitability. It can be used in a wide range of fields and businesses, including construction, government contract work and medical services to name a few.

Compared to standard accounting, project accounting is much more focused and gives you a closer look at day-to-day finances, including budgets, costs, estimates, bookings, billings, and more. From there, you can determine trouble areas that could negatively impact margins and can find ways to optimize cash.

Read More Here,,,

Employee Spotlight: Meet Greg Leiser

by Marchella Marconi, Marketing Assistant at Pro Back Office

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Sailing on the Buddy Lloyd with First Mate Laura off the coast of Dana Point!

Greg Leiser, Consulting CFO for Pro Back Office, has an extensive history and noteworthy career as a CFO and Vice President of Finance for a multitude of impressive companies. The most intriguing position being at the Walt Disney Company where he was a senior accountant for Lucasfilm Ltd. Greg was with the company during the years renowned filmmaker George Lucas released some of America’s favorite films: Indiana Jones and the Temple of Doom and Star Wars: Episode VI - Return of the Jedi.

Today, Greg has been with Pro Back Office LLC as a consulting CFO for the past two and a half years. When asked what he likes most about working for Pro Back Office Office, his response highlighted some of the aspects of the internal work environment that truly distinguishes Pro Back Office from other outsourced
accounting firms. 

Read More Here,,,

Good Reads


The Real Costs of a 409A Valuation: Prices, Factors & Considerations

Controlling Vs Non-Controlling Interest: Levels of Value



5 Trends Fueling Big Growth for Small Business

Community Events


10/27 - Dynamic Disruption Sales and Marketing Summit

11/03 - BEC Voting is One Thing, Making it Count is Another!

11/03 - Connect Frameworks Workshop: Business Aspects of Patents 

11/07 - Junior Achievement National Entrepreneurship Month 

11/09 - SDBJ 2016 Women Who Mean Business Awards

11/29 - BBB Torch Awards for Ethics

"It isn't what you have or who you are, or where you are or what you are doing that makes you happy or unhappy. It is what you think about it.” - Dale Carnegie 

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About Pro Back Office

Pro Back Office (“PBO”) gives you access to highly skilled finance and accounting talent. We have more than 45 professionals in our San Diego office and serve clients throughout the Pacific Southwest region.  Our back office management and project consulting professionals offer expertise in all aspects of finance and accounting from the bookkeeping role to the CFO. 
 
The three partners of PBO – Scott Palka, Jennifer Barnes and Mike Ford – bring a combined 70+ years of finance, accounting and business consulting experience.  Many of our team members have Big 4 experience in audit and consulting.  PBO’s client base covers many industries including: manufacturing, construction & development, real estate, food & beverage, medical device & life science, non-profit, professional services, healthcare, technology and software.  Our model provides a comprehensive and personalized solution for your finance, accounting and consulting needs by giving you support at varying levels. PBO aims to push work down to the lowest level resource in a cost effective and efficient manner.  Please visit our website at www.probackoffice.com for more information.

 
Copyright © 2016 Pro Back Office, All rights reserved.


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