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Category Archives: Going Public
Direct Offering Costs
ASC 720-15-15-4(m) lists “Costs of Raising Capital” as excluded from the ASC 720 “Start-up Costs” topic. But what is the GAAP authority for netting “direct offering costs” against the proceeds that a company raises from selling stock rather than reporting … Continue reading
Posted in Accounting How-to, GAAP, Going Public
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OTCBB Sold To The Highest Bidder?
Reverse merger expert David Feldman says he hears it’s close…
Posted in Going Public
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SEC Comments Analyzed
Deloitte, the auditing superpower, has published a survey of SEC comments in an attempt to figure out common areas where financial reports leave questions and gray area. It’s good reading for public market participants of all stripes.
Posted in Accounting How-to, Going Public
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Cheech Marin, CFO
Medical Marijuana, Inc. says it’s going for the brass ring… It sounds like it’ll file an S1 to get public on OTC-BB. I’d love to see those accounting records…. Uh, yeah, man… the receipts are back there.
Posted in Going Public
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