News & Insights
Riveron brings a unique perspective on transactions, business transformation and accounting advisory developed through guiding our clients in times of high growth and distress, integrations and separations.
The SEC is required to review the filings of public companies at least once every three years, with many companies selected for review more frequently. Comments from those reviews are largely based on a registrant’s disclosures and other publicly available information, including press releases, analyst calls and information on the registrant’s website. However, non-public information such as whistleblower tips and PCAOB inspection reports can also be considered.
As the end of the financial reporting year approaches, external auditors are finalizing their risk-assessments and determining which financial statement accounts and processes will garner the most attention. In turn, companies are preparing to respond to numerous requests to facilitate the timely completion of a successful audit. “When CFOs and Controllers are asked about expectations for a successful audit, the most frequent response is ‘limit surprises’,” says one assurance senior manager at a Big Four audit firm. Frequently, the best path to achieving an efficient audit is to proactively evaluate and address potential audit issues before they become issues at all. In this article, Riveron explores some of the most significant emerging audit issues that represent time-saving opportunities if addressed prior to the year-end reporting period.
In today’s deal landscape, risk mitigation is critical to closing transactions. During due diligence, workstreams are compartmentalized and assigned to specialists in legal, financial and other subject matters. However, one focus often remains unexamined: the myriad of operationally-driven risk factors that could undermine the deal thesis.
In today’s volatile business environment, companies rely heavily on their finance function for financial and operational reporting, business analytics and performance management. An under-utilized finance function can limit a company’s visibility into business performance preventing them from achieving their strategic growth goals. In this webinar Riveron provides key takeaways on how to streamline and optimize your finance function so your company can increase efficiencies, free up employee bandwidth, and achieve strategic initiatives.
Product complexity, globally dispersed manufacturing and distribution networks require companies to delicately balance logistics costs with the ability of supply chains to react to changing customer needs. Supply chain agility is no longer a luxury, but a necessity to improve profitability and cash flow.
Riveron Launches Cloud ERP Practice for Private Equity Firms, Corporations and Lenders Across Various Industries
Riveron, a business advisory firm, has launched a dedicated cloud-based ERP practice, helping their customers successfully leverage technologies in order to achieve diverse and evolving goals. Riveron provides its customers with a unique combination of consulting, public accounting and industry experience.
“Every industry has unique business needs and objectives they are trying to achieve. Delivering accurate data and supporting analysis is critical for high-performing organizations to remain competitive. We are committed to enabling technologies that provide the greatest return on investment,” said Ryan Senter, Executive Managing Director, Riveron. “By combining business process leading practices with Riveron’s extensive technical acumen around systems like NetSuite, our customers can streamline and scale their businesses like never before.”
Accounting professionals, as the stewards of financial information, have a unique opportunity to take the lead in adopting the new lease guidance and implementing lease accounting software. Approaching the adoption methodically, which includes collecting data, making policy decisions, and applying operational realities, accountants play a distinct role in developing the processes and implementing the systems that guide an organization into the future.
Yes, complying with the new lease accounting standard presents a compliance burden. But the effort may well lead to operational and cost improvements. Read more on this subject, as Riveron’s Bill Maloney, Udit Sharma, and Patrick Garrett contribute in this thought provoking article on CFO.com.
In a robust market with aggressive valuation multiples and significant deal activity, Buyers need to remain honest with themselves and ensure that their due diligence processes are adequate in addressing deal risks. Here are some tips to Buyers to keep in mind when performing financial due diligence for a potential M&A transaction.
To maximize revenue, cash flow, profitability, patient satisfaction and successful health outcomes, all stakeholders in the U.S. healthcare system need to understand how their business is impacted by particular internal and external drivers.