TBH Consulting LLC

With the new year upon us, Public and Private companies should be considering all of the Accounting Standard Updates (ASUs) issued by the FASB during the 2024 calendar year. Refer to our website for a summary of the Recently Issued Accounting Standards that may be relevant to you or your client’s financial statements. https://lnkd.in/gJMwQYP9

As a newly public company, intense pressure to perform will immediately set in. Your company will need to balance short-term demands and long-term goals. You have the obligation to be transparent with shareholders, comply with reporting requirements, maintain strong performance, and act with integrity – all of which contribute to forming a positive public company image. Developing and maintaining this image is especially important as a public company to reaffirm trust and broaden market support for your company. The foundation of your public image is set in the People you employ to lead, the Processes you develop to operate, and the Technology you implement to support your business. Let TBH help you prepare for the IPO journey and the years to follow.

Remembering Dr. Martin Luther King Jr. today and the powerful impact he made. His vision of equality, justice, and unity challenges us to keep working toward a better, more inclusive world.

Join us in congratulating Abby Goodrich on her well-deserved promotion to Senior Associate!

Wishing you all a prosperous and joyful 2025! Let’s make it a year to remember!

Wishing everyone a joyful and peaceful holiday season! We hope this time brings you peace, happiness, and plenty of moments to enjoy with loved ones.

In preparing the Registration Statement, a company must consider numerous required disclosures including a prospectus summary and business risks, uses for the IPO proceeds, selected financial data, business information, related-party transactions, stock ownership, dividend policy, capitalization and dilution, underwriting, security distribution, and MD&A. The preparation of the Registration Statement involves the coordination and collaboration of multiple parties including internal counsel and management, external counsel, underwriters, consultants, and auditors. As accounting and financial advisors, TBH is ready to assist in the preparation of your company’s registration statement. Contact us via LinkedIn or email (info@tbhconsulting.com) to start the conversation.

This Thanksgiving, we're thankful for our amazing team, clients, and family and friends. Wishing everyone a joyful and grateful season!

Today, we pay tribute to the courageous men and women who have served our country with dedication and sacrifice. Let’s express our deepest gratitude and find ways to support veterans in their continued journey.

One issue we see companies struggle with is adapting to the accounting and financial reporting requirements of a public company. There are several common issues faced during SEC reviews and throughout the IPO process. Common reporting differences between a private and public company include: ·??????Segment Reporting ·??????Stock-Based Compensation ·??????Earnings per Share ·??????MD&A ·??????Compensation Discussion and Analysis ·??????Goodwill ·??????Private Company Elections and Retroactive Application TBH can help you bridge the accounting and financial reporting gap so that you can continue to focus on your business throughout the IPO process. Refer to Section ‘IPO Readiness: Accounting and Financial Reporting’ within our TBH Insight for more details: https://lnkd.in/g92QwCss.