?? Lessons from Macy’s $150M Incident – Insights from Embarc Advisors Our managing partner, Jay Jung, shared his expertise with Inc. Magazine's Brian Contrerasto unpack the shocking $150M accounting mishap at Macy’s. ?? Three critical lessons for business owners: 1?? Reconcile your balance sheet regularly. - Is uncollected AR piling up? - Are deferred revenues increasing? - What’s happening with prepaid expenses? ?? Understand your balance sheet (in addition to the P&L) to avoid surprises. 2?? Audits don’t guarantee everything is fine. - Many business owners think their books are clean—until due diligence uncovers issues. - “Purchase price adjustments” like debt, debt-like items, and net working capital changes can be shocking — ?????? ?????????????? ??????????-?????????????? ????????????. 3?? The accounting talent gap is real. - If public companies like Macy’s face such challenges, imagine the strain on SMBs. - This incident underscores the importance of robust financial practices and the critical need for quality accounting. - Read the full story here: Inc. Magazine Article #Accounting #FinancialManagement #EmbarcAdvisors #BusinessGrowth #Entrepreneurship
Embarc Advisors
商务咨询服务
M&A and Corporate Finance Advisory. A holistic approach to top-tier services for every stage of your business journey.
关于我们
Embarc Advisors is building a disruptive corporate finance advisory firm focused on startups and the middle market. Founded by a former Goldman Sachs investment banker and McKinsey & Co. consultant, Embarc delivers the highest degree of advisory expertise. Rejecting the traditional transaction-fee-based business model, Embarc uses an hourly-rate-based fee model to provide a white-glove experience, driving above-market outcomes at an affordable cost. Our unique business model allows Embarc to support clients through the entire life cycle of their company from capital raise and strategic CFO services to outsourced corporate development and the sale of the business. The Embarc Advisors team is curated from a seasoned group of corporate finance experts with backgrounds in investment banking, private equity, consulting, investment management, and strategic finance/FP&A. Our team is uniquely positioned to provide 360-degree support across the full spectrum of corporate finance needs. Since its inception in 2020, Embarc has successfully closed multiple M&A transactions, executed capital raises from early-stage seed to $100M+ growth equity rounds, and supported sustainable, profitable growth of several companies as their strategic CFO team. Embarc Intro Deck here: https://docsend.com/view/b7s5dv79rinjx6u6
- 网站
-
https://www.embarcadvisors.com
Embarc Advisors的外部链接
- 所属行业
- 商务咨询服务
- 规模
- 11-50 人
- 类型
- 合营企业
- 创立
- 2019
- 领域
- M&A Buy Side、M&A Sell Side、CFO Advisory Services、Fractional CFO Services、Financial Due Diligence、Capital Raise、M&A Advisory、FP&A、Financial Planning and Analysis、Quality of Earnings、Debt Raise、Corporate Development、Strategic Finance和Staff Augmentation
Embarc Advisors员工
动态
-
Our Managing Director, Philip Alberstat, appeared on Live Now from Fox where anchor Austin Westfall asked him to share his thoughts on the recent Google Federal Antitrust Lawsuit. The Department of Justice has ruled that Google illegally monopolized the search market through exclusive deals. Some of the key takeaways from the discussion were: ?? Industry Implications: This landmark decision is set to reshape the operations of tech companies, emphasizing the need for compliance with antitrust laws and potentially fostering increased competition and innovation. ?? Regulatory Precedent: The ruling confirms that U.S. antitrust laws can effectively address monopolistic behaviors in the tech sector. ?? Enhanced Enforcement: The DOJ’s commitment to ensuring fair market practices aims to protect consumer interests. ?? Impact on Google: Google may need to revise its business practices, which could affect its market strategies and partnerships. Do you think Google is a monopoly or just has the best search engine? Link in the comments below: ?