Tag: accounting
SubscribeAccounting Issues Warrant Caution on SPACs
If you need proof that no good deed goes unpunished, look at Luminar Technologies. Like so many other companies in recent years, it went public through a SPAC merger. But when it did the right thing and posed an accounting question to the ...
Read MoreFive Key Considerations for Audit Committees During the Pandemic
The pandemic has everyone rethinking how they do things, whether it be personal greetings, grocery shopping, organized sports—or, in the case of audit committees, financial oversight. In January, we examined five items that the SEC wanted o...
Read MorePPP Presents PR, Accounting Pickles for Public Companies
Shake Shack is one of America’s favorite guilty pleasures. But it turns out the Shack isn’t immune to feeling some guilt itself. Last week, it returned a $10 million loan it had ordered from the Paycheck Protection Program (PPP). After disc...
Read MoreIntelligize Report: Unicorn IPOs Offer Rainbow of Storylines
Last year at this time, Intelligize published its first-ever report on unicorn IPOs. Now we’re releasing our second edition, and like the sequel to a hit movie, this one features bigger names, more funding, and better special effects. Okay,...
Read MoreRegulators Getting Bad Vibes From Goodwill
The balance sheets of public companies currently hold $5.5 trillion in assets lumped under the heading of goodwill. The term, which connotes feelings of cheer and good tidings, is accounting speak for the difference between the purchase pri...
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