Helping Technology Companies Stay One Step Ahead
Technology companies are not only competing with tremendous global innovation and change but are also faced with the increased complexities of financial reporting. Understanding and properly implementing the accounting rules is critical to the financial health of your business, but can be a challenge.
Turn to the dedicated technology team at Elko & Associates. Our professionals have the expertise in dealing with technology companies to help you stay competitive – whether you focus your business efforts domestically or internationally. We offer a full range of accounting services for technology-driven companies from start-up to middle market. We can also help you achieve success with:
- Revenue Recognition – Our goal is to help you avoid the pitfalls related to contract negotiation and revenue recognition. Through our understanding of the technical standards, we can help you structure customer agreements to maximize revenue recognition.
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- Asset Capitalization - We understand the impact asset capitalization can make to your overall financial picture. However, determining when and which costs you are allowed to capitalize can be difficult. Our experienced staff can guide you through this process.
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- Due diligence - Whether you are a bank, venture capitalist or a company trying to grow through merger and acquisition, we’ll help you mitigate your risks by reviewing the accounting policies, earnings and cash flow projections, asset valuation, and tax implications of how a deal is structured.
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- Employee incentive programs – In order to attract and retain top talent, employers must offer a way to reward and recognize their employees. The Elko team can help you develop and account for an employee incentive program that fits the size, complexity and philosophy of your company.
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We want to be a valuable resource to our technology clients. With so many new advancements in the field of technology, we want to ensure we are aware of them. To support our efforts in doing so, we have joined Pennsylvania Bio. In addition, Colleen is a board member of the Chester County Keystone Innovation Zone (KIZ). KIZ is a Department of Community and Economic Development initiative focused on the building of knowledge-based economies and the cultivation of entrepreneurship in Pennsylvania. KIZ is aligning and rallying the area's best resources to support growing life-science, bio-technology and information technology companies.
Contact Colleen Cooke-Varallo for more information about our accounting services for technology-based companies. |
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