Consolidation Accounting with Andrea Lockhart

Advisory CPA Group

Andrea is an accounting and audit professional with over 24 years of public and private industry experience. She has extensive knowledge of consolidation accounting and currency conversion with multi-national publicly traded companies using Hyperion Financial Management (HFM) and Hyperion Enterprise, and foreign currency translation. She is also an avid marathon runner and triathlete.

Advisory CPA Group

In this episode of Websuasion Conversation, we discuss accounting systems, preparing for growth, and focusing on niche groups.

Consolidation Accounting with Andrea Lockhart

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Andrea tells us about the turn of events that led to her attending North Carolina A&T.

Financial Audits

Andrea tells us about working for Ernst & Young performing financial audits

Consolidation Accounting

Andrea talks to us about combining multiple companies operating independently into one financial statement.

Publicly Traded Companies

Andrea talks about the guidelines that a publicly traded company must follow in reporting their financials.

A Shift in Experience

Andrea tells us about working for Servcorp and dealing with general accounting as well as reporting data to Australia.

Minimizing Exposure to Risk

Andrea discusses some of the reasons she chose a partnership as one of her first entrepreneurial opportunities.

Focusing on Niche Groups

Andrea talks about focusing on clients in the entertainment industry as well as government contracting.

Hyperion Software

Andrea talks about Hyperion, a software system she uses to consolidate financial statements for her clients.

Accounting Systems

Andrea discusses how important it is to have an accounting system to monitor expenses and deductions throughout the year rather than waiting until December.

Looking to Expand

Andrea talks about growing a company while keeping a manageable staff.

Business Development

Andrea discusses some of the networking opportunities to expand into the niche market of the film industry.

Preparing for Growth

Andrea tells us about the importance of preparing for growth and putting measures in place to deal with that growth.

Marathons and Triathlons

Andrea talks to us about how she started running and how that grew into competing in marathons and Ironman Triathlons.

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