Stradling Yocca Carlson & Rauth: How the JOBS Act makes it easier for companies to raise money
The Jumpstart Our Business Startups Act (JOBS), passed in early 2012, mandates that the Securities and Exchange Commission (SEC) adopt rules to help start-ups and small businesses raise capital. Because of this, companies can advertise, market and publicly disclose that they are fundraising. The change also allows companies to raise up to $1 million from […]
Weaver: How forensic accountants and the public sector combat fraud
The vast amount of public funds and programs in federal, state and local governments can make it difficult to keep track of expenditures. Far too many people seize this opportunity to commit fraud, which in turn halts intended improvements or services. For example, the Houston-based Dubuis Health System and Southern Crescent Hospital for Specialty Care […]
Crowe Horwath: How to apply accounting rules for related-party transactions
Related-party transactions have played a significant role in accounting failures and frauds. In a study of Securities and Exchange Commission fraud allegations by the Committee of Sponsoring Organizations of the Treadway Commission, 18 percent of companies alleged to have committed fraud were accused of using related-party transactions to hide misstatements in financial reports. “Yet the […]
Industry experts offer advice, strategy in this month’s Insights
Saving money on 2013 taxes, health care reform and hiring best practices are among the topics featured in November’s Insights articles Akron/CantonBusiness InsuranceSeibertKeck: How the wealthy can prevent coverage gaps in their personal insuranceKevin Franczkowski, Client advisor Akron/CantonAccounting & ConsultingSS&G: How wealthy families can centrally manage assets through family officesFloyd Trouten, Director, Tax Akron/Canton/ClevelandBanking & […]
Why exercise can be a great way to boost your bottom line and trim your waist line
I remember, as a 5-foot-5-inch executive, being at senior-level conferences and trying to act “taller.” I noticed and later read that the majority of CEOs are more than 6 feet tall. That is a personal stat that is hard to change. Lately, there is one other stat that is getting a lot of attention: BMI. […]
Fred Koury: Difficult situations in life require a redoubling of efforts
Life has a way of presenting us with difficult circumstances. Sometimes it’s in our personal lives, and sometimes it’s in our business. If the circumstance is severe enough, it can create a crisis, which can often cause a feeling of hopelessness. When things outside your control come at you in droves, it becomes difficult to […]
Rod Covey: How to get the most out of your promotional dollar today
According to Ad Age, the nation’s 100 biggest advertisers spent an estimated $104.5 billion on advertising last year, an increase of only 2.8 percent from the previous year. This is the lowest growth rate since the ad industry recovery began in 2010, reflecting the slow pace of the U.S. economy as a whole. So the […]
Montage Insurance: Employer checklist for ACA action items
With so many health care reform law changes and updates, human resources professionals and companies are asking for a boiled down version of some of the main points that need to be highlighted, regarding the Affordable Care Act (ACA) and key pending action items. Smart Business spoke with Tobias Kennedy, executive vice president, Montage Insurance […]
Dana Sellers built Encore Health Resources into a multimillion-dollar company without a place to call home
When Dana Sellers started Encore Health Resources with Ivo Nelson in 2009, they did it without office space. Four years later, they have an office, but no one actually works there on a daily basis. There’s no receptionist or office manager. There isn’t a single office for any of Encore’s employees, not even Sellers, the […]
The coal conundrum: Striking a balance between old and new energy sources
Given the current economic and environmental realities, how do we find the right balance between the long-standing, heavy reliance on coal and alternative energy sources? Energy is a fundamental driver of economic development and a contributor to people’s quality of life across the globe. The energy sector, however, faces serious challenges in the 21st century. […]