When thinking about how to structure the sale of a business, it is well known that buyers typically prefer to buy assets and sellers prefer stock[1] sales. There are a variety of reasons for… Read More

Enterprise Risk Management (ERM) is a comprehensive approach to identifying, assessing, and managing the risks that an organization faces. It is a strategic framework that aligns a company&r… Read More

Companies that have not yet adopted ASC 350-60, Accounting for and Disclosure of Crypto Assets (“ASC 350-60”), are required to adopt for fiscal years beginning after December 15… Read More

As businesses navigate the complexities of valuation, assessing the robustness of 409A valuation reports becomes essential, especially in light of potential IRS scrutiny and audit review. In… Read More

In November 2023, the Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU 2023-07) with the goal of enhancing segment disclosures under Topic 280 – S… Read More

Philadelphia, PA. – July 11, 2024 – Centri Business Consulting, LLC, one of the industry’s fastest-growing and most respected accounting and advisory firms, is proud to an… Read More

Philadelphia, PA – July 10, 2024 — Centri Business Consulting, LLC, one of the industry’s fastest-growing and most respected accounting and advisory firms, announces mid-ye… Read More

Executive Summary: This guide will examine different business models you can move to make improvements. (Such as using lean, six sigma, quality management, etc.) It will then discuss 4 s… Read More

Centri’s Bridging the GAAP newsletter highlights this month’s news, developments and emerging issues in the accounting and financial reporting world.  FASB Stan… Read More

Centri’s Partner and Capital Markets Practice Leader, Christopher Mora, is featured in an Observer article: Why Fast Fashion Giant Shein Is Going Public in London Instead of New York… Read More

Philadelphia, PA – June 13, 2024  – Centri Business Consulting, LLC, one of the industry’s fastest-growing and most respected accounting and advisory firms, has once a… Read More

Centri’s Managing Director and Healthcare Practice Leader, Kevin Dadey, is featured in a Modern Healthcare article: How M&A Scrutiny in Washington Could Affect Healthcare Deals. Th… Read More

Current Expected Credit Losses (CECL) is a financial accounting standard introduced by the Financial Accounting Standards Board (FASB). It replaced the Allowance for Loan and Lease Losses St… Read More

Centri’s Partner and Capital Markets Practice Leader, Christopher Mora, is featured in a Law360 article: Shein’s Pursuit of London IPO Proves US-China Rift Persists. The article… Read More

Centri is proud to be a sponsor of ACG Philadelphia’s member-only Private Equity Wine Tasting event, being held on Thursday, June 13th from 5:30 PM – 8:00 PM at the Union League… Read More

Philadelphia, PA – June 4, 2024  – Centri Business Consulting, LLC, one of the industry’s fastest-growing and most respected advisory firms, is a proud sponsor of The… Read More

Philadelphia, PA – May 30, 2024  – Centri Business Consulting, LLC, one of the industry’s fastest-growing and most respected advisory firms, is a proud Gold Sponsor of… Read More

Centri’s Bridging the GAAP newsletter highlights this month’s news, developments and emerging issues in the accounting and financial reporting world.  Standard… Read More

Tax is an inevitable part of doing business and between regulatory requirements changing or new circumstances, uncertain tax positions (UTPs) are inevitable too. From talking about the impac… Read More

Centri’s Mike Andrusko, Partner & Digital Assets Practice Leader, and Maxwell Heller, Managing Director & M&A Advisory Practice Leader, are featured in ACG’s Middle M… Read More

Philadelphia, PA – May 21, 2024  – Centri Business Consulting, LLC, one of the industry’s fastest-growing and most respected accounting and advisory firms, announces t… Read More

Philadelphia, PA – May 14, 2024  – Centri Business Consulting, LLC, one of the industry’s fastest-growing and most respected advisory firms, is a proud Silver Sponsor… Read More

Philadelphia, PA – May 14, 2024 – Centri is a proud Silver sponsor of the B. Riley Securities 24th Annual Institutional Investor Conference taking place May 22-23, 2024, in… Read More

Adapting to business trends quickly can be challenging if you have to balance working with legacy systems or strict regulations. But taking the steps to push your company forward can make al… Read More

MJBizDaily recently interviewed Centri’s Kevin McLaughin, Partner & Cannabis Practice Leader, about the state of cannabis bankruptcy reform for the article: Marijuana Bankruptcy Re… Read More

The transition to a modern Human Resources Information System (HRIS)/Human Capital Management (HCM) platform or Professional Employer Organization (PEO) solution can significantly enhance a… Read More

Growth is always top of mind for any business and mergers or acquisitions are certainly one way to achieve it. Strategic decisions like this can give companies access to new markets, resourc… Read More

Centri Business Consulting, LLC, is excited to announce its inaugural Centri Capital Conference on April 22nd, 2025, at Nasdaq in NYC. The conference will focus on navigating the c… Read More

Philadelphia, PA – May 1, 2024  – Centri Business Consulting, LLC, one of the industry’s fastest-growing and most respected advisory firms, is excited to announce its… Read More

In November 2023, the Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU 2023-07) with the goal of enhancing segment disclosures under Topic 280 – S… Read More

Most business’s primary objective revolves around enhancing equity value or market capitalization. For a publicly traded company, the goal is quantified by multiplying the share v… Read More

Centri’s Bridging the GAAP newsletter highlights this month’s news, developments, and emerging issues in the accounting and financial reporting world.  FAS… Read More

In case you missed it, join Centri’s Kevin McLaughlin, Partner and Cannabis Practice Leader, for the latest editions of our Cultivating Business video series. From navigating the benef… Read More

Centri’s Kevin Mclaughlin, Parter & Cannabis Practice Leader, and Maxwell Heller, Managing Director & M&A Practice Leader, are featured in a Cannabis Times article: Will Ba… Read More

Centri is excited to attend Association for Corporate Growth (ACG) DealMAX at the ARIA Hotel in Las Vegas, NV from April 29 – May 1. The conference will bring together the mi… Read More

Join Centri’s Cannabis Practice Leader, Kevin McLaughlin, for the latest edition of our Cultivating Business video series. This month, the discussion revolves around the value of imple… Read More

Change Healthcare, renowned as one of the largest vendor claim-processing networks globally and handles a staggering volume of patient records and transactions annually, was recently the vic… Read More

Pavlo AgeyevPartner Philadelphia, PA – April 4, 2024 – Centri Business Consulting, LLC, one of the industry’s fastest-growing and most respected accounting and advisory… Read More

Change is happening at a rapid pace across accounting and finance functions globally. The integration of automation tools like Alteryx is revolutionizing the way tax functions are managed. A… Read More

As artificial intelligence (AI) advances and becomes more integrated into our daily lives, organizations need to understand the potential risks and challenges associated with its use. To eff… Read More

Receiving an audit report with adverse findings can be disappointing and even daunting for your team. Despite that, there is a silver lining — you’ve now uncovered clear insight… Read More

Centri’s Bridging the GAAP newsletter highlights this month’s news, developments, and emerging issues in the accounting and financial reporting world.  FASB Sta… Read More

Today’s real estate environment can be challenging with certain sectors feeling the impacts more than others. To assist with many of the accounting and auditing requirements that need… Read More

Introduction PEOs (Professional Employer Organizations) have been around for decades.  A recent estimate suggests that PEOs provide payroll, benefits, and employment-related complian… Read More

Centri’s Ryan Starkes, Partner and Life Sciences Practice Leader, recently spoke on the “Market Outlook: Assessing Readiness for the Next IPO Window” panel at the Biotechno… Read More

Background The importance of climate-related disclosures for investors has grown as investors, companies, and the markets have recognized that climate-related risks can affect a company&r… Read More

Philadelphia, PA – March 13, 2024 – Centri Business Consulting, LLC, one of the industry’s fastest-growing and most respected accounting and advisory firms, is excited… Read More

Philadelphia, PA – March 12, 2024 – Centri is a proud sponsor of the Venture Connect Conference taking place March 20-21, 2024, in Raleigh, North Carolina. The conference will co… Read More

Companies that have not yet adopted ASC 326 – Current Expected Credit Losses (“CECL”) are required to adopt for fiscal years beginning after December 31, 2022. A common mis… Read More

Accounting transformation projects are complex and challenging and require careful planning, execution, and management. The ultimate goal of a transformation project is to implement strategi… Read More

What is Bitcoin Halving? The bitcoin blockchain relies on miners that compete to validate and add blocks of transactions to the blockchain ledger. To incentivize these miners to compete i… Read More

Philadelphia, PA – March 6, 2024 – Centri is a proud Diamond Sponsor of the 36th Annual ROTH Conference taking place March 17-19, 2024, in Dana Point, California. This is Centri… Read More

Philadelphia, PA – March 5, 2024 – Centri Business Consulting, LLC, one of the industry’s fastest-growing and most respected accounting and advisory firms, has capped… Read More

Centri’s Partner and SEC & Financial Reporting Practice Leader, Derek Kearns, is featured in a CFO Brew Article: New SEC Regs Won’t Squash SPACs. Within the article, Derek di… Read More

Centri’s Bridging the GAAP newsletter highlights this month’s news, developments, and emerging issues in the accounting and financial reporting world.  FASB Sta… Read More

Cannabis companies face unique challenges due to the federal prohibition of cannabis. They extend from the starting point of establishing a business to well after any profits are made. Chief… Read More

Month-End Close Checklist & Best Practices Your month-end close is a critical process for your business, ensuring the accuracy and completeness of your financial reporting. Many organ… Read More

Optimizing operational efficiency in the fast-paced world of private equity is a strategic imperative, especially in the current exit environment. By fine-tuning processes, minimizing costs… Read More

Summary of Lyft’s Earnings Report Press Release Error In Lyft’s earnings report recent press release on Feb 13, 2024, there was an accidental addition of an extra zero to the… Read More

The Securities and Exchange Commission (SEC) is required to review every public company’s financial statements at least once every three years. During their review, they may provide co… Read More

Summary of Lyft’s Earnings Report Press Release Error In the Lyft’s earnings report recent press release on Feb 13, 2024, there was an accidental addition of an extra zero to… Read More

Join Centri’s Cannabis Practice Leader, Kevin McLaughlin, for the latest edition of our Cultivating Business video series. This month, the discussion revolves around the… Read More

Philadelphia, PA – February 15th, 2024 – Centri Business Consulting, LLC is excited to announce the addition of a new Senior Director, Frank Angeleri, to the firm. Frank joins Ce… Read More

On July 26, 2023, the SEC adopted new cybersecurity disclosure rules required for all publicly traded companies in their upcoming annual reports beginning with December 18th year-end filers… Read More

The Securities and Exchange Commission (SEC) introduced fresh regulations and changes on January 24, 2024, aimed at improving transparency and bolstering investor safeguards during initi… Read More

Merger and acquisitions (“M&A”) activity fell to its lowest level in ten years globally in 2023, as high interest rates and an economic slowdown weighed on companies’ d… Read More

Centri’s Ryan Starkes, Partner and Life Sciences Practice Leader, and Charles Higgins, Managing Director, present “Valuing Contingent Value Rights (CVRs) in Life Sciences Transac… Read More

Joe HayesManaging Director John SwanickSenior Director Philadelphia, PA – February 6, 2024 – Centri Business Consulting, LLC, one of the industry’s fas… Read More

Centri is proud to be the Cocktail Sponsor of the 31st BioNJ Annual Dinner Meeting and Innovation Celebration being held on Thursday, February 8th at the Hilton in East Brunswick, NJ. Thi… Read More

Centri is excited to attend Association for Corporate Growth (ACG) M&A South at the Hotel at Avalon & Conference Center in Alpharetta, GA, on February 5-7. The conference w… Read More

Centri is proud to be a sponsor of the BIO CEO & Investor Conference being held on February 26 & 27, 2024 at The New York Marriott Marquis in New York City, NY. The BIO… Read More

This special edition of Centri’s Bridging the GAAP newsletter highlights the year in review for the accounting and financial reporting world.  FASB Standard Setter Up… Read More

Philadelphia, PA – January 30, 2024 – Centri Business Consulting, LLC, one of the industry’s fastest-growing and most respected accounting and advisory firms, announces the… Read More

Centri is proud to be a Promotional Sponsor of the Microcap Conference being held on January 30 – February 1, 2024 at Caesars Atlantic City Hotel & Casino in Atlantic City, NJ… Read More

Centri is excited to attend Flaster Greenberg PC’s 4th Annual M&A Conference. Attendees will have the opportunity to network and make meaningful connections with other profess… Read More

Jaime KrugPartner & Chief Operating Officer Philadelphia, PA – January 23, 2024 – Centri Business Consulting, LLC, one of the industry’s fastest-growing and most… Read More

Philadelphia, PA – January 22, 2024 – Centri Business Consulting, LLC, is excited to announce the promotion of 13 individuals to the roles of Managing Director, Senior Direc… Read More

New Year, New Cybersecurity Program! Now that we are in a new year, it’s the perfect time to enhance or implement a cybersecurity program. Now more than ever, it’s imperative… Read More

New Year, New Cybersecurity Program! The start of a new year is the perfect time to enhance or implement a cybersecurity program. Now more than ever, it’s imperative to have a stron… Read More

Cannabis companies face unique challenges due to the federal prohibition of cannabis. Unlike businesses in virtually all other industries, cannabis operators in financial distress have tradi… Read More

Centri Business Consulting is pleased to present a CPE course with the Virginia Society of Certified Public Accountants Northern Chapter: Streamlining Accounting: Best Practices and Challeng… Read More

Centri’s Partner and Life Sciences Practice Leader, Ryan Starkes, CPA, was interviewed by WRAL during a segment about the Raleigh market’s economy. Following the Raleigh Chamber… Read More

Philadelphia, PA – January 9th, 2024 – Centri Business Consulting, LLC is pleased to announce it has secured a growth capital facility from Fulton Bank, a subsidiary of Fulton Fi… Read More

Overview In November 2023, the Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU 2023-07) with the goal of enhancing segment disclosures under Topic 2… Read More

U.S. GAAP requires companies to reduce deferred tax assets to the amounts that are more likely than not to be realized. ASC 740-10-30-17 requires companies to assess realizability of deferre… Read More

Join Centri’s Cannabis Practice Leader, Kevin McLaughlin, for the latest edition of our Cultivating Business video series. This month, the discussion revolves around legal challenges f… Read More

Accounting Treatment Background and Summary of FASB Fair Value Update Currently, most public entities account for holdings of crypto assets as indefinite-lived intangible assets in accord… Read More

What is current expected credit loss (CECL) and why is it important? Ultimately, while it’s been beneficial to financial statements, has been a challenge for accounting teams to implem… Read More

Is your company looking to go public? If so, it is time to start planning. Navigating public markets and the Initial Public Offering (IPO) process can be time-consuming and expensive both be… Read More

Challenge A public mortgage Real Estate Investment Trust (REIT) identified that, as a smaller reporting company, they would be required to adopt new accounting guidance referred to as CEC… Read More

Accounting and finance leaders face increasing pressure to deliver fast reporting, manage risks, and provide strategic insight with less time and resources. However, many organizations still… Read More

Centri’s Partner and Risk & Sustainability Practice Leader, Mihir Jhaveri, is featured in a Compliance Week article: More Companies Enter “Discovery Phase” of ESG Repor… Read More

Gerald WikPresident & Partner Philadelphia, PA – December 4th, 2023 – Centri Business Consulting, LLC, one of the industry’s fastest-growing and most respected a… Read More

Centri’s Senior Advisor, Jerry Maginnis, is featured in an Accounting Today article: Stop Talking About the Talent Shortage and Start Solving It! Within this article, Jerry shares his… Read More

People are your most crucial asset. You can trace a direct line from your employees to the company’s financial performance. Given that people are also likely your organization’s… Read More

Introduction Financial Planning and Analysis (FP&A) is a crucial aspect of any business, providing insights into a company’s financial health and helping to shape its strategic… Read More

Centri’s Bridging the GAAP newsletter highlights this month’s news, developments, and emerging issues in the accounting and financial reporting world. FASB Standard Sette… Read More

Contingent value rights (“CVRs”) remain popular instruments in M&A transactions to help bridge the valuation gap between buyers and sellers. CVRs are typically structured suc… Read More

Join Centri’s Cannabis Practice Leader, Kevin McLaughlin, for the latest edition of our Cultivating Business video series. This month, the discussion revolves around how to position yo… Read More

Contingent value rights (“CVRs”) remain popular instruments in life sciences transactions to help bridge the valuation gap between buyers and sellers. In life sciences transactio… Read More