Category: Compliance

Getting ready for your first audit: what every small business should know

We can see the sweat from here. Your small business is up for its first-ever audit, and you’re concerned about how long the process will take, keeping cost down, and—above all—getting a clean opinion. It’s natural …

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Don’t go it alone—why every cannabis company needs the right set of partners

It’s all about who you know. In the high-velocity world of cannabis companies, this mantra is so true. When starting out or expanding into new territory, with limited resources and an uncertain future, companies often do…

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Live and learn: Passing on wisdom from the tech sector to the cannabis sector

The pressure is always on. In Silicon Valley, we’re accustomed to tech startups moving at the speed of light to get their innovative products to market. All while fending off tough competition, being careful with their c…

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SOX is ever-evolving: 5 ways to shore up your controls program

Talk about mixed messages. The new presidential administration wants what they consider “costly and unnecessary regulations” wiped out. At the same time we have continued pressure by regulatory agencies to strengthen a…

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How to amp up your year-end disclosures for the revenue accounting changes ahead

It’s always healthy to take a fresh look at your disclosures and discussions in your annual reports. Situations change, boilerplate language doesn’t always cut it, and changes in accounting policies make it a necessity…

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Top 5 financial mistakes that startups make—and how to avoid them

The odds are tough for any startup. The business model is unproven, and the shift from prototype to product can take awhile. It’s all-hands-on-deck, which can be rough going when the team is so small. On top of that, eve…

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Rethinking revenue and realizing opportunities in the new rules

It’s game time. Deals your company is making now could be affected by the new revenue recognition standard, and the effective date will be here before you know it. This is why it is so important for finance organizations…

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Without the right tone at the top, you could be encouraging fraud

Stop us if you’ve heard this one before. A top executive of a public company suddenly resigns. This person had bypassed the company’s processes and procedures to move forward with a huge transaction that really should …

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SOX compliance evolves: What’s worked so far and what’s still out of whack

When SOX was first invented, we all struggled to figure out what companies were supposed to be doing, and what auditors were expecting to see. All this happened while the auditors were trying to follow new audit rules just…

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What’s your move? The big consideration for data security

RoseRyan VP Pat Voll recently weighed in on a recent CFO.com debate that posed the question “Is your data more secure in a data center or in the cloud?” CFO published her bylined article alongside other data-…

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