Category: Compliance
The latest on leasing: Power through the new accounting standard’s implementation
Ready or not… here it comes! The new lease accounting guidance will be effective before we know it. ASU 2016-02, Leases (Topic 842) will result in some pretty dramatic changes to the balance sheet for companies that …
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Year-end checklist for finance teams—10 ways to end the year right
The exciting month of December offers a paradox to finance teams. They’re in retrospective mode while also planning for the year ahead. And they’re super busy while hoping to use up any leftover vacation days b…
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4 companies make the right moves along the business lifecycle
Every company is at a different stage along the business lifecycle. Some companies have just started out, some are surging forward, some are growing organically and others are fighting against fierce competition. Where is …
See MoreDon’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…
See MoreLive 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…
See MoreSOX 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…
See MoreHow 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…
See MoreTop 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…
See MoreRethinking 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…
See MoreWithout 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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