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Fi
INTRODUCTION
This financial analysis indicates the signficant accounting and financial issues at various stages of a company's life cycle:: incepetion, early growth, pre IPO, IPO, fast growth, slow growth, downturn The analysis addresses the following financial issues Equity financing by type Equity financing by source Debt financing CFO support Advisors to the CFO Who manages cash Cash managmetn objectives Compliance and reporting issues Combinations Financial reports Boards Accouting systems Top financial offices Significant accounting issues
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FINANCIAL ISSUES
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pr ei
fa st
0 no 0
1-3 no 1
common seed preferred venture preferred take company public -- ipo take company private secondary offering floorless preferred founder angel venture public hedge fund owner bank -- factoring bank -- asset based line of credit bank -- bridge loan leasing company -- equipment line other -- mezzanine
debt financing
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50-500 yes 20+
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FINANCIAL ISSUES
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pr ei
fa st
0 no 0
1-3 no 1
cfo support
quarterly conference calls road shows to fund managers financial press releases financial conferences analyst presentations comparables analysis annual meetings investment bankers investor relations firm outside accountants informal cfo outside advisors meet the payroll minimize equity investment adequate, safe return conserve "excess" cash xxx xxx
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xxxx xxxx xxx xxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxx
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50-500 yes 20+ xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxx
ea
in
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FINANCIAL ISSUES
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fa st
0 no 0
1-3 no 1
irs state tax authorities sec -- proxy, s-1, s-3, 8k, 10q, 10k nasdaq listing compliance nasdaq delisting foreign subsidiaries mergers acquisitions dispositions none informal formal board of directors audit committee compensation committee investment committee board of advisors
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combinations
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50-500 yes 20+ xxxx xxxx xxxx xxxx xxx xxx xxx xxx xxxx xxx
ea
in
financial reports
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boards
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FINANCIAL ISSUES
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pr ei
fa st
0 no 0
1-3 no 1
accounting system
none single user single user multi user multi currrency function specific (e.g., mrp, time rptg) owner part time accountant controller cfo revenue recognition going concern foreign exchange debt vs equity
xxx xxxx xxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx
xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx
xxxx
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50-500 yes 20+
ea
in
ip
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do w nt
500-400 yes 20+ xxx xxx xxx xxxx
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500-400 yes 20+ xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx
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do w nt
500-400 yes 20+ xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx
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gr ow th
do w nt
500-400 yes 20+ xxxx xxxx xxxx xxxx xxxx xxxx xxxx xxxx
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