Learn how carbon offsetting works, how to account and report for carbon offsets, and the many quality and reporting issues involved with carbon offsetting.
Read More
Learn about Up-C Structured IPOs and the ongoing discussions of whether this IPO strategy is really in the best interests of shareholders.
Emission allowances are tradable instruments that allow a business to emit a specified amount of a specific gas. This article can help preparers and users of financial statements understand how to treat these unique assets for accounting purposes.
The proxy statement, also known as DEF 14A, is a SEC mandated filing required for public companies that has a lot more information than many people realize.
As the SPAC boom fades, companies and their investors are exploring other alternatives to traditional IPOs. Companies may want to consider the Dutch Auction method that has been used in the past, notably by Google, to price shares and grant investors of all types access to the public offering process.
Learn the differences between a seasoned equity offering and secondary offering and how these differ from an IPO.
SOC reports provide assurance to a company about how third party service providers are handling information. Companies looking to go public should be aware of the differences between the three SOC reports to maintain an effective control environment and comply with SOX.
Overview Many investors are concerned about the potential effects of climate-related risks on individual businesses and industries. As a result, these investors actively seek out more information regarding environmental, social, and governance (“ESG”) related disclosures to inform their investment decision-making….
Dive into what a good M&A strategy looks like and how to successfully implement that strategy to create synergistic value and more.
Greenwashing is deceptive marketing used to promote an untrue image of a company. The SEC, the FTC, and consumers stand in the way of companies making such fallacious claims. This article expounds on how companies considering an IPO can avoid greenwashing.
This article outlines many of the benefits and reasons that companies choose to incorporate in Delaware over any other state.
Venture debt is a viable alternative to equity funding and traditional debt funding for smaller companies. This article provides an overview of what venture debt is, who provides it, why it may be preferable to equity, and the key terms and covenants associated with it.
How do you know if you’re ready to take your company public? Having clearly defined close procedures and an understanding of your accounting policies is a great place to start.
This article explains the reasons and motivations behind IPO underpricing. The understanding of these mechanisms can assist issuing companies in making strategic decisions regarding pricing during their IPO process.
Learn about what it takes to acquire or merge with a company put simply into 10 stages that each company must follow.
IPO lockups aren’t required, yet almost all IPOs include them. Learn why they’re important and what the common exceptions are.
Stock splits can be a challenging thing to explain to employees. Find out more about how you can facilitate this conversation.
Corporate responsibility initiatives are an important part of modern-day business management. Learn in this article about common pitfalls and best practices to help improve the quality of your CSR initiatives.
This article covers accounting for tranched preferred stock, why companies benefit from financing this way, and why investors benefit as well.
Understand and learn to identify embedded features economic and accounting impacts.
Investor Relations teams are an important part of going public. Read here about how, when, and more about creating a successful team.
Diverse teams are often said to perform better, but it can be difficult to determine why that is. This article offers evidence for why diverse teams perform better during or leading up to IPOs, as well as suggestions for how…
A roll-up merger is a form of acquisition strategy that is often attractive to investors for its ability to consolidate markets. In this article, we describe how roll-up mergers work and why they might succeed or fail.
Many companies don’t state that they will offer dividends in their initial public offering, but do soon after. This article describes why and when companies engage in a payout initiation post-IPO.
Before going public, some companies offer pre-IPO dividends to their shareholders. This article explains when and why companies use this strategy.
REIT IPOs face different registration requirements than other IPOs. This article details several key differences in this area.
The SEC requires companies to state their dividend policy in their registration statement. This article describes the dividend strategies that most registering companies follow.
A host of laws and regulations directly and indirectly govern the various cybersecurity requirements for any given business. Understanding how these laws and regulations impact a company’s need for security will help firms avoid costly lawsuits, loss of public trust…
By understanding and implementing a few basic principles, many businesses can greatly increase their level of technological and physical security.
By understanding several key frameworks and concepts, business leaders will be better able to create and manage their cybersecurity strategy.
Education on the main forms of insider trading and their consequences can prove to be the best preventative tool for your company.
Mezzanine lending is a hybrid loan option for companies that need an influx of cash but in which the owners want to retain control.
Common features, qualifications, and settlement of rapid IPO capital providers called bridge loans and their impact on startup companies.
D&O insurance is an important part of running a legally and financially secure business. This article is an overview of what D&O insurance is, how it works, and which companies should get it.
Understand the role of the audit committee and how to establish an effective committee.
A special purpose acquisition company (SPAC) is a company designed to raise capital through an initial public offering (IPO) for the purpose of funding the merger or acquisition of target companies within a specified timeframe.
The US stock exchanges might not be the best fit for some companies. When this is the case, listing on an international stock exchange may be a viable option.
Learn more about how a well-qualified CFO can help your company prepare for and conduct an IPO, as well as how and when you should begin your search for one.
This article is an overview of types of foreign currency risk, the potential points of exposure, and the risk mitigation strategies used to manage this risk.
An IPO company is likely to raise a significant amount of capital during the IPO, but even more important than the money a company raises is how the company uses its IPO proceeds.
Learn how pre-IPO companies can restructure debt to navigate financial distress.
Almost half of the small cap companies that go public are no longer public five years later. This article explains what can happen to public companies after the IPO, including the circumstances where companies may be delisted, or choose to deregister with the SEC.
Unprofitable companies can have successful IPOs because of certain universal dynamics, but contextual factors may impact valuations.
The day of the IPO is only the beginning for a public company. After the IPO there are a variety of new pressures, requirements, regulations, and relationships that a public company needs to be aware of to be successful.
A debt IPO is the first issuance of corporate debt to the public by private companies that seek to raise money in a liquid capital market. This article hopes to provide the institutional details of a debt IPO as a cost-effective alternative to traditional equity IPO for healthy private businesses that consider going public.
Some IPO stock prices have been shown to have negative abnormal performance. This article summarizes the research that has been done to explain this.
ESG reporting can seem like a daunting task, but it doesn’t have to. Learn the basics in this article.
Understand shareholder activism and learn how you can prepare for activism as a pre-IPO company.
Avoid the most common IPO pitfalls, including inadequate preparation, corporate governance, business models, regulatory violations, and false expectations.
Learn to understand the tax and economic differences between transaction structures for your next M&A negotiation.
EY produces an annual report that highlights trends related to IPO registration statements. Check out a summary of this year’s trends.
Looking for startup friendly debt? Revenue-based financing has allowed hundreds of growing companies leverage monthly recurring revenues to avoid the costs of dilution.
Before you decide to acquire another company, be sure to carefully identify synergies and consider how to avoid your cognitive biases that could destroy value.
A well-planned and economically supportable transfer pricing policy can have a large impact on a company’s profitability. Learn about the current issues and potential solutions for transfer pricing in our digital world.
Different stakeholder groups often measure the success of an IPO in different ways. Learn about the most common measures of IPO success and why each measure may or may not be appropriate in different situations.
Learn the unique valuation principles that are used for technology and SaaS companies to maximize your valuation potential.
Before engaging in a merger or acquisition, be sure to learn about the services and incentives of advisors on each side of the deal.
Before determining how to compensate employees, learn how restricted stock units and awards are accounted for and the tax implications for your business.
Executives have identified five key issues to consider when choosing the right stock exchange for your company. Learn how the NYSE and Nasdaq compare on each of these issues.
Learn about Reg A+ offerings (mini-IPOs) and what to expect if your company is considering this alternative form of equity financing.
Understand the value and importance of Sarbanes-Oxley as we delve into the how and why of becoming SOX compliant.
This article will help you understand the strategies and trade-offs involved in maintaining or ceding control of both the majority ownership and management control of your company.
Looking to acquire as you prepare to go public? This article discusses the pros and cons of pre-IPO acquisitions.
This article introduces Reg FD and summarizes industry professionals’ insights on how to make sure public companies are Reg FD complied.
Understanding TAM is important for defining your company’s strategy and determining a valuation during all stages of a start-up’s life cycle.
Having a good Board of Directors is the key to a successful business. Learn more about the roles of the Board of Directors and how to form an effective Board in this article.
Private equity can be confusing, but it doesn’t have to be. Learn the basics of the private equity industry in this article.
Lots of companies, including foreign companies, list on U.S. stock exchanges. Check out this article to find out why.
Reverse mergers are a way to go public without going through an IPO. If you’re unfamiliar with reverse merger, SPACs, or seasoning requirements, this is the article for you.
Term sheets are complex documents full of legal jargon. Learn about some of the lesser-known provisions within a term sheet while gathering helpful negotiating tips.
This article describes Spotify’s direct listing and examines the advantages and disadvantages of a direct listing in comparison to the traditional IPO process.
This article explores and compares the old and new lease accounting standard. Learn how a lessee properly accounts for leases under the new leasing standard
Negotiating debt covenants is often part of getting a bank loan. This article describes different types of debt covenants and their impacts on your business.
This article will help you to understand what steps you need to take to gather the group of people that will guarantee you navigate the high growth and IPO stage successfully.
Understanding the ins and outs of IPO pricing can help you know what to expect on the day of your IPO.
Term sheets are complex documents full of legal jargon. Learn about some of the most important provisions within a term sheet while gathering helpful negotiating tips.
Delve into the mechanics of how investors structure convertible debt arrangements with valuation caps and conversion discounts to protect the value of their investments.
Investors often receive anti-dilution provisions in funding arrangements. Learn more about these provisions and how they can affect the ownership structure of your startup.
This article moves beyond the basics of stock compensation (including stock options) and touches on the accounting complexities associated with stock compensation awards.
This article gives an overview of financial restatements, including types of restatements, public reactions, and methods to prevent them.
Startups often use cash accounting method, yet public companies must use accrual accounting method, so when is the proper timing to make the switch?
Learn about the mechanics of liquidation preference calculations and how these provisions can influence the amount that shareholders receive during an exit.
ERP systems are an important aspect of a growing business. Learn when to implement and what needs to be considered before implementation.
Public companies are required to file registration statements, annual reports, and other forms with the SEC. Learn more about the common types of SEC filings in this article.
Explore this interactive map to understand how different states and countries regulate cryptocurrency.
What is the Black-Scholes Model (BSM), how is it developed, and how does it compare to lattice models? The answers can be found in this article.
Quarterly reporting is critical for public companies. Learn the requirements and best practices for efficient quarterly reporting in your S-1 and 10Q.
Earnings quality refers to the quality and reliability of your financial statements. Learn how investors will analyze your earnings quality during the valuation process.
In a supercharged IPO, certain companies can take advantage of otherwise dormant tax benefits during their IPO. Learn more about Up-Cs and other supercharged IPOs in this article.
This article provides an easy-to-understand overview of how stock options work and why startups use them.
Startups typically raise capital by issuing convertible preferred stock or convertible debt. Find answers to frequently asked questions about these financing arrangements.
Cryptocurrencies have devoted enthusiast and detractors, but for many, cryptocurrencies are still shrouded in mystery. This article provides an overview of cryptocurrencies to help unravel the mystery surrounding the Cryptosphere.
The annual number of Initial Public Offerings in the United States has changed dramatically since the dot-com era. This article articulates those changes and addresses the potential causes for the change.
The deadline to implement ASC 606 is coming quickly. Here are a few things to consider as you navigate the new revenue recognition standard.
This article will help your company identify reportable segments and prepare the proper disclosures related to operating segments.
Learn the SEC’s reporting guidelines and regulations surrounding Non-GAAP financial measures in your S-1 and other filings.
KPIs are powerful tools for measuring performance. Learn how to choose KPIs and report them in your MD&A.
An effective flux analysis can help you understand changes in your financial statements and communicate them effectively in your S-1.
Fewer regulations and more flexibility—a private placement may be a good source of funding for your company’s next big project.
Top executives require top compensation. Learn the common types of the executive compensation and the required disclosure.
Provides practical advice on IPO timing. Explores factors that help identify open market windows, such as the VIX Index.
After reading about blockchain and cryptocurrency, you’re ready to explore ICOs. They may even be your next source of funding.
Term sheets explain the details of a VC firm’s investment offer. Learn more about these important documents and discover some tips for navigating negotiations.
The first installment in the Cryptosphere—Unraveling the Mystery series. An overview of what blockchain technology is and how it may fundamentally change the way the financial markets operate.
An overview of the MD&A and 8 strategies to help you write a more effective one.
Securing capital from outside investors will dilute your ownership position. Learn about how funding rounds and stock option pools can affect your startup’s ownership structure.
An overview of the common financial-reporting pitfalls you may receive SEC comments on in your S-1 filing.
Investment Banks perform some of the most important work in an IPO. Find out what these banks do and how to select the right one for your IPO.
Gain an understanding of the exception to the SEC significance tests (Regulation S-X Rule 3-05), given to companies going through an IPO.
Understand the tests required by the SEC for determining the significance of an acquisition. Three tests required and the related financial statement requirements.
Understand the costs of going public. Common ways companies incur costs in an IPO, and provides an estimate of those costs.
Develop a broad understanding of the IPO process and discover tips about how to prepare for an IPO, including what major pitfalls to avoid.
This article highlights a few of the common advantages and disadvantages of an IPO that you should consider before making your decision.
There are many alternatives to an initial public offering. This article explains the different alternatives you should consider if you are thinking about an IPO.
Gain a broader perspective about startup financing and find out how startups raise capital to fund their growth.
Founders have more financing options than ever before. Cut through the confusion and get an in-depth look at the different types of startup investors.
Follow the financing path of startups from seed money to exit and learn about the pros and cons of bootstrapping.
Find out how Venture capital (VC) firms are structured, how they decide which startups to invest in, and what characteristics you should look for in a VC investor.
As you prepare to go public, your company may qualify for special treatment under the JOBS Act. Here’s an explanation on the parts of the Act matter to you.
Before you can go public, you’ll need a full-scale, GAAP audit. Get informed about how and what to prepare for your company’s pre-IPO audit.
Learn how to account for convertible debt and its complex elements. This article delves into one of the most challenging subjects to understand for finance and accounting professionals today.
Understand convertible debt’s most complex elements as we discuss eight particularly challenging points of interest related to convertible debt.
Dives into the process of 409A evaluations that should be planned on and performed early on in the IPO process to avoid incurring unnecessary costs.
This article addresses the topic of cheap stock and the complications that can arise from accounting for stock compensation plans when going public
Filing an S-1 is an essential part of the IPO process. Introduce to the different sections of an S-1 and tips on what to include and how to draft the S-1.
