The table below contains the accounting and legal fees of IPO issuers for the years 2008-2012. As demonstrated in Table 1, a decreasing trend emerges in average accounting fees during the years 2008-2011. In 2012, however, average accounting fees increased … Continue reading
Monthly Archives: February 2013
EGCs: A Look at IPO Issuer Accounting Fees After April 2012
The JOBS Act, enacted on April 5, 2012, was intended to give small businesses a jumpstart. The act created a new category of company: the Emerging Growth Company (EGC), defined as an issuer with “total annual gross revenues” of less than … Continue reading
XBRL Implementation – 4th Anniversary
XBRL reporting was first mandated by the SEC in June 2009, with a gradual phase-in period lasting 3 years. The object of the regulation was to improve comparability of financial information across all public companies, making information more accessible and … Continue reading
Executive Office and Board Changes: Groupon and the Electronic Shopping Industry
All is not comfortable in the Groupon boardroom. Groupon’s share price has fallen over 80% since its November 2011 IPO, leaving many investors to raise questions about the current structure of the board and its executive office. This doubt is … Continue reading