article thumbnail

Financial Accounting and Reporting for SPACs: Expert Tip

JD Supra: Mergers

phase, especially in the area of financial statement readiness and accounting. Here are highlights from my conversation with Jenn Calabrese and Alison Yablonowitz of Calabrese Consulting, a leading accounting and financial reporting services firm in the SPAC market. By: Woodruff Sawyer

article thumbnail

Working Capital and Accounts Receivable

JD Supra: Mergers

One of those nuances is the interplay between accounts receivable and working capital. When acquiring or selling a company, many nuances exist in various stages of the process, some of which are not readily apparent on their face. By: Winstead PC

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Accounting Firm Mergers & Acquisitions – Financial Advisory & Valuation Services For Success

JD Supra: Mergers

Accounting firm mergers and acquisitions (“M&A”) are blossoming due to strong recurring revenue models, a great record of organic growth over three decades, light asset investment requirements, and economic recoveries and growth worldwide following the pandemic. These factors have created the opportunity for industry consolidation.

article thumbnail

Accounting Information System (AIS)

Wall Street Mojo

What Is Accounting Information System? For example, AIS may be a very simple ledger for various accounting, costing, and financial reports like Statement of Profit and Loss, Balance Sheet, etc. Table of contents What Is Accounting Information System?

article thumbnail

Operating Lease Accounting

Wall Street Mojo

Operating Lease Accounting Definition Operating Lease Accounting refers to the accounting methodology used for leasing agreements where the lessor retains the ownership of the leased asset. The lessee records rental payments as expenses in the books of accounts. Show the journal entry for the operating lease transaction.

article thumbnail

Zero Balance Current Account: A Quick Explainer

Razorpay

Powerful current accounts always come with a caveat; a minimum balance requirement. Whether it is a few ten thousand or a few lakhs, most accounts are not zero balance current accounts. Would a zero balance current account really be so beneficial to businesses?

article thumbnail

Corporate Accounting: Meaning, Importance & Explanation

Razorpay

Corporate accounting is a special kind of accounting meant for businesses to record and monitor money movement. Knowing how corporate accounting works and its role in facilitating the growth of a business is important because it plays a fundamental role in the smooth functioning of business financials.