This blog post was originally posted on Austin Technology Council's weekend update on August 19, 2016.
You have probably heard by now about the new revenue recognition standard that goes by the acronym ASC 606. If you have, you know its importance.
Consero founded in 2006, and from the very start, we wanted to focus on providing high-quality service to high-growth companies. We aimed at offering a superior alternative to a traditional in-house .
Gimmal’s private equity backers saw the potential for the records management company to transition from services to software, but first, Gimmal had to ensure the finance function could handle the .
One thing today is sure – businesses are no longer being run and operated in the same way as before.
All companies in the US, mostly private companies that follow the U.S. Generally Accepted Accounting Principles, or GAAP, need to start implementing the new revenue recognition rules if they haven’t .
In our cooperation with many private equity firms, we’ve realized one thing – they all have very similar problems with their portfolio companies.
In every business, no matter the type or size, members leave, and often they are essential employees. Turnover is commonplace and cannot be eliminated. The turnover rate can be reduced, but it cannot .
Every company that wants to get a better handle on their finance and accounting function has the eternal dilemma of either hiring an in-house team to perform it within the company or retain the .
The private equity firms of the world deal with a lot of money – the whole market is worth around 3 trillion dollars according to individual reports.
Every private equity firm out there, when they make an investment and acquire a company, they are already thinking about their end game – their exit strategy. The primary goal of most private equity .
