Category: Tips & tools
How to Deal with the New Revenue Recognition and Lease Accounting Standards? Help for Private Companies
What’s the biggest takeaway from the experiences of public companies that have adopted the new revenue recognition and lease accounting standards? For both accounting rules, the process has been more time-consuming and c…
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The Business Lifecycle: Know the Journey So You Can Plan Ahead
What do you see in the road ahead in 2019? Does it appear more uncertain than sure? Is it paved with growth opportunities or a pullback? For companies large and small, the path forward can take awhile to become clear. At R…
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Implementing the new revenue recognition standard—5 lessons learned from the front lines
“Overwhelming” is an understatement when talking about implementing the new revenue recognition standard. A huge amount of effort is needed, as the public companies that first adopted the new rules quickly disc…
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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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Small businesses targeted by phishing scams are more likely to get bitten
Cyber scammers have upped their game. The emails they send out to trick people into turning over confidential info (like usernames and account numbers) look more legit than ever. And the messages have become more sophistic…
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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…
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 MoreBuilding a strategic roadmap: 6 questions every new cannabis business needs to ask
A giant window opened up when Californians approved the adult use of cannabis a few months ago. Startups and companies looking to expand are taking advantage of the opening, but they have to act fast. As time goes on, it…
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…
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