CPE: 8 hours
Category: Accounting & Auditing
Advanced prep: None
Who should attend: CPAs, CFOs, board members, controllers for smaller companies, financial advisers, bankers, attorneys and investment analysts.
Starting a business requires capital, but how do you or your clients determine which funding option is the best fit? Gain the knowledge and tools you need to help your clients make decisions regarding financing sources, prepare necessary financial statements and avoid common pitfalls. You'll gain specific insights into what venture capitalists and angel investors do; how they view potential investments; what kinds of deals they want; and how they ultimately exit as investors. Learn about the investment environment and where to source the capital your clients need, from seed investments and crowdfunding, to expansion investing and later stage mezzanine financing. All these topics will be discussed in the context of the JOBS Act and the Dodd Frank Act.
Additionally, explore how to expand your scope of service beyond tax, preparation, review and compilation by lending your financial expertise to investment firms that need assistance with due diligence projects.
Formerly titled: Dealing with Venture Capitalists
- Recognize the historical and current status of the private equity capital market, including venture capital and angel investing.
- Determine how to prepare financial proposal packages for funding that meet AICPA standards.
- Identify the pros and cons of venture capital, crowdfunding and angel investing in the context of the JOBS Act and the Dodd Frank Act
- Identify the changes to AICPA accounting standards that relate to prospective financial statements.
- Determine resources to help your clients find the capital they need to start and expand their businesses.
- Private equity market: Yesterday and today
- What venture capitalists and angel investors look for
- Outside funding financial statements proposal
- Accounting standards affecting prospective financial statements, preparation, review and compilation
- Exit strategies and accounting implications