M&A deals fail at least 70% of the time. Poor integration—from people to processes—kill value. Our clients work with us to improve their odds for success. Are you conducting due diligence? Are your assets compatible? CFO Consulting Partners’ Allan Tepper, CPA/MBA, will discuss key pitfalls to avoid for any merger transaction during his “M&A Deal… Continue reading Allan Tepper Presents ‘M&A Deal Killers’ Jan. 26
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How CFOs Can Make Crypto Less Cryptic, More ‘Boring’
(This story originally appeared on CFO.com.) By Eric Segal The recent bankruptcy of FTX, one of the world’s largest cryptocurrency exchanges, underscores the need for companies in the fintech/crypto industry to develop and install robust internal controls and finance processes. FTX, led by 30-year-old Sam Bankman-Fried who has since resigned, was once valued at $32… Continue reading How CFOs Can Make Crypto Less Cryptic, More ‘Boring’
Audit Readiness: Choose Reward Over Risk This Year
Are you ready for the audit season? We advise our clients all the time to profit from our experience by helping them prepare annual financial statements, notes and work papers in advance of an audit. Being prepared for your next audit is part of our sage advice. With our Audit Readiness service, we can help… Continue reading Audit Readiness: Choose Reward Over Risk This Year
AM&AA Hosts 2023 Economic Outlook on Jan. 19
Finance challenges and macrotrends put a damper on last year. But does history have to repeat itself—at least so soon? Granted, the new year begins with a lot of baggage. The Consumer Price Index shot up 9.1%, the largest 12-month increase since 1981. To counter inflation, the Federal Reserve has made capital more costly, hiking… Continue reading AM&AA Hosts 2023 Economic Outlook on Jan. 19
Technical Accounting for a Privately Held Consumer Lender
Industry: Privately Held Consumer Lender Client Overview A subprime consumer lender, which experiences large credit losses as part of normal business operations, engaged CFOCP to better understand the Current Expected Credit Losses accounting model (CECL), which requires that all losses currently expected to occur over the life of a loan are recorded at the inception… Continue reading Technical Accounting for a Privately Held Consumer Lender
Finance Transformation (Food Manufacturer/Distributor)
Industry: Food Manufacturer/Distributor Client Overview A food manufacturer/distributor engaged CFOCP to support the incoming CEO’s vision for growth. The company, which recently went public, experienced challenges during a period of rapid growth from a series of acquisitions. CFOCP delivered several consulting activities, including: Stabilized accounts receivable collection process. Performed fully loaded unit costing for finished… Continue reading Finance Transformation (Food Manufacturer/Distributor)