Category: In the trenches

Ethics: it’s a matter of trust

Recently we have read press coverage about the CEO of Yahoo losing his job for including on his resume a degree he didn’t have. And last fall, the CEO of Hewlett Packard lost his job over false expense reports. In both c…

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BayBio Entrepreneur & Investor Roundtables event puts industry changes into relief

Last night, as a BayBio partner, I attended the Ninth Annual Entrepreneur & Investor Roundtables event in Palo Alto. This BayBio event gives entrepreneurs in start-up life sciences companies an opportunity to meet and …

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Team leadership: a key ingredient in the CFO sauce

I’ve read a number of articles lately regarding what makes a great CFO. They list key attributes, such as business acumen and the ability to lead the business with the management team, but one attribute that’s consiste…

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Stock compensation rules mask true operating performance

The other day a client asked which current accounting requirement is the worst from a U.S. GAAP standpoint. There are a few poor standards out there, but to me the answer is easy: FAS123R, now known as ASC 718, accounting …

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2011 economic forecasts: be alert, stay flexible

I recently attended two economic forecast presentations that gave different sets of views on how—and how much—the economy will grow this year. Both were very interesting and provided lots of information, trends and pre…

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What’s the big deal about blogging?

When RoseRyan made the decision to initiate a company blog and asked for volunteers, I found my hand going up of its own volition. After all, I knew something about blogging—I had watched Julie and Julia. Twice. Then, i…

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XBRL tagging: lessons from the first wave

This past fall I attended a panel discussion presented by the SEC Professionals Group on detailed XBRL tagging. Overall it was very helpful and provided great insight into what other companies experienced for their first e…

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Rev rec worries? Just give it time (and remember to breathe)

The new rev rec guidelines have made for some labor-intensive process changes in some of the client companies that we work for. It took me back in time to the initiation of Sarbanes-Oxley (SOX) compliance and how it mad…

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Feds award $1B for R&D to small biotechs

The life science community has been anxiously waiting for the announcement of the awards for the $1 billion Qualifying Therapeutic Discovery Project program and the results are out! Many Bay Area companies did quite well, …

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