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Qualified Audit Opinions Crater IPO Dreams (Part 1)
Have big dreams of going public? Then the stakes are much higher for you! And depending on the outcome, a qualified audit opinion could crater
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Accounting and bookkeeping saves money, facilitates tax compliance, and provides insight into company performance.
You love growing cannabis, selling cannabis products, or simply participating in this revolutionary emerging market. What you don’t love is the technical accounting and bookkeeping practices happening behind the scenes that directly impact the success and growth potential of your cannabis company. Getting accounting and bookkeeping Standard Operating Procedures right saves money, facilitates tax and regulatory compliance, and gives you strategic insight into your company’s performance. Failing to do accounting and bookkeeping correctly can result in lost revenue, regulatory infractions, and tax troubles that can undermine performance.
Have big dreams of going public? Then the stakes are much higher for you! And depending on the outcome, a qualified audit opinion could crater
Many cannabis operators may have millions in revenue coming in, but in the end they are running a loss position. Why? There’s likely many things
So much is happening in your cannabis business at all times, and there’s always something operators should be worried about, right? Especially when it comes to
Local governments have begun scrambling to grant tax breaks and minimize the tax burden to cannabis businesses in California. The rush to give tax relief
Oregon cannabis retailers are struggling. According to the Oregon Liquor Control Commission, cannabis demand is declining throughout the state. This is bad news for cannabis
Now you’ve decided to take your cannabis company public or have your sights set on that goal for the future. Be sure you understand the
(Part 1: Cash Flow Issues) Cash is the lifeblood of your cannabis business, and cash flow issues can be a constant headache operators. In this video,
January 2022 Cannabis Industry Roundup In case you missed our livestream, you can still check out our January 2022 cannabis industry round-up, where we discuss
Many operators hope the recreational market will come to fruition and sales will triple overnight. Similarly, business owners are looking for options to grow their
Looking for Connecticut Market Updates? You’ve come to the right place! The eruption of the Connecticut cannabis market is on the horizon. Although medical use
The financial close process includes a few different steps. First, we review and reduce the account balances before the accounting cycle is due to close. We begin by looking at the journal entries for each transactional activity.
This then will guide us to the review stage. We close financials within 10-15 days by helping your company upgrade their current close process. This helps shorten the number of days to close books (within that 10-15 day range) and designs processes around closing which improves the accuracy of numbers presented.