Accounting & Business Advisory Blog

On April 5, 2012, President Obama signed the Jumpstart Our Business Startups (JOBS) Act into law. The Act was approved by Congress in late March. A primary goal of the JOBS Act is to improve small companies’ access to public capital markets. The Act amends a number of provisions of the securities laws to ease the process and costs associated with raising capital from the public.

To encourage private companies to complete initial public offerings (IPOs) of their equity, the Act creates a new...

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Most companies use financial statements either to acquire financing or as an integral business tool. However, many companies don’t fully understand their statements. We get many questions from clients regarding accounting statements and standards. Financial statements should be tailored so owners or management of a business can use them to run the business -- they are their scorecard. Forget about what a third party may need; you should use it to see how you are doing on a daily, weekly, monthly...Read More >>