CohnReznick

Interesting takeaway from the Grant Thornton-CBIZ transaction: The story isn't the deal itself. It's what it signals about the future of professional services.   Scale, specialization, and AI are increasingly becoming strategic imperatives, while the lines between accounting, advisory, and technology continue to blur.   The real question: What will clients expect from their advisors in 2030 that they don't today?   Having invested heavily in these capabilities ourselves, it's exciting to see the profession continue to evolve. Always happy to connect and discuss what this means for organizations navigating change. #CohnReznick #CapitalMarkets #AI #IPOReadiness

Many congratulations to our client, Brag House, on the successful completion of their merger with House of Doge!!! Appreciative of the opportunity to support Brag House at such a pivotal moment in its growth journey. Huge congratulations to everyone working on it! And special congrats to Daniel Leibovich, Lavell Juan, and Rene Rodriguez! Looking forward to seeing what’s next. 🚀 Swami Venkat CohnReznick #CapitalMarkets #CFOAdvisory https://lnkd.in/gPvQwnzP

At CohnReznick Advisory, we offer a comprehensive set of services tailored to your specific growth challenges and industry nuance. Whether you’re looking for focused solutions to make an immediate impact in a single area, or a full transformation that will redefine how your business operates, we can help you achieve game-changing results. We have executed projects across a range of situations, providing solutions covering M&A support; restructuring; performance improvement; project finance; valuation; data and business analytics; cybersecurity; technology; and risk management, among others.   💡 Whether you’re navigating growth, transformation, or uncertainty—having the right partner can make all the difference. Feel free to reach out - I'd be happy to connect and share how we’re helping organizations succeed.   Learn more: https://lnkd.in/gNptixe9 #CohnReznick #CFOAdvisory #FinanceTransformation #Consulting #Leadership #FPandA #DigitalTransformation #GCS #IPO #CapitalMarkets #IPOReadiness

🚀 What SpaceX’s CFO comp structure signals for IPO readiness   The recent news around SpaceX tying its CFO’s equity compensation to EBITDA targets and retention incentives post-IPO highlights something I see frequently in IPO readiness work: the transaction is only half the story. The incentives you set post-IPO matter just as much.   After SpaceX’s IPO, its CFO became a billionaire, raising a very real challenge: how do you retain and motivate leadership once they’ve achieved generational wealth? From a technical accounting and IPO readiness perspective, there are a few important takeaways finance leaders should be thinking about:   ✅ Performance metrics aren’t just external—they’re embedded in comp When equity awards are tied to metrics like EBITDA, those KPIs aren’t just used for investor messaging, they directly influence behavior and decision-making. ✅ EBITDA (and non-GAAP metrics) will face increased scrutiny Using adjusted EBITDA as a compensation trigger makes sense for capital-intensive, high-growth companies, but it also raises the bar for governance, consistency, and transparency. ✅ Retention strategy should be built into IPO planning IPO windfalls can create unintended consequences. Compensation structures need to be designed to align long-term performance with continued service, not just reward past value creation. ✅ Private-company comp practices don’t always translate cleanly Large, performance-based equity tied to operational milestones (like EBITDA) is more common pre-IPO—but public company scrutiny means these programs must evolve quickly.   Big picture: Your accounting policies, KPIs, and compensation design are more connected than ever. What you measure, how you report it, and how you incentivize around it all need to align—before you ring the bell.   If you’re thinking about IPO readiness or re-evaluating your finance and comp structures ahead of a major transaction, happy to connect and share what we’re seeing in the market. #IPO #CapitalMarkets #TechnicalAccounting #CFO #ExecutiveCompensation #FinanceTransformation #SOX #CohnReznick #IPOReadiness https://lnkd.in/gC_CrKCq

On June 23, CohnReznick will be hosting a complimentary webinar on ASU 2024-03 and the expanded disclosure requirements related to the disaggregation of income statement expenses (DISE), and what this new standard means for your organization.   As financial reporting expectations evolve and transparency becomes increasingly critical, this session will focus on the practical implications of DISE and the challenges organizations may face when preparing for implementation. Our team will provide insight into the core requirements, including what must be disaggregated, where disclosures are required, and how these changes may impact your current financial reporting processes.   To learn more or register, please click https://brnw.ch/21x386u. If you have any questions, feel free to reach out to me directly. Marisa Garcia Swami Venkat Mohammad Hasham, CPA, CA, CMA Eric Wade, CPA, MBA Katerina Abdrashitova Sajjad R. Chloe S.

If you are attending CFMA's Annual Conference, this is a can't miss session with CohnReznick 's very own David Sun, CISSP, CCE, EnCE . #CFMA #Construction

If you’re a cannabis operator, investor, or ancillary business, you’ve probably had the same questions over the last two weeks: - What does this actually change right now? - What’s still uncertain? - What decisions should we (not) rush into while guidance evolves? The CohnReznick Cannabis Industry Group is hosting a 60-minute briefing to separate signal from noise and focus on practical considerations you can act on. You will hear from many of my favorite industry experts; such as Travis Butler , Joe Doll , Adam Korenfield - CPA (he/him) , Seth Sherer , Jaime Reichardt and Michael Harlow (me)! We’ll discuss: - What the reclassification announcement tells us so far — and what it does not - Potential implications across regulatory, tax, operational, and investment considerations - Near-term risk and opportunity scenarios as guidance develops and enforcement priorities evolve If your 2026 planning touches cannabis in any way, this is one you won’t want to miss. Wednesday, May 13 | 1–2 p.m. ET Register here 👉 https://lnkd.in/eEZVx_7V #cannabis #medicalmarijuana #regulatory #tax #compliance #investing #riskmanagement

Pleased to share a new publication from our CFO Advisory practice at CohnReznick: Entering the U.S. capital markets—what foreign companies must know. While the U.S. remains the most attractive venue for raising capital, successfully accessing the market requires thoughtful preparation and a well‑designed financial reporting strategy. Mohammad Hasham, CPA, CA, CMA and Katerina Abdrashitova co‑authored this practical guide for foreign companies considering a U.S. capital raise or IPO, drawing from our hands‑on experience advising clients through every stage of the process. 📖 Read the full article: https://brnw.ch/21x25yv Entering the U.S. market is far more than a listing decision—it’s a financial reporting transformation. Accounting choices influence systems, internal controls, governance, timelines, and ultimately investor confidence. Early planning is essential. Companies should clearly define their path forward, assess gaps early, and prepare for the required changes. While accelerated timelines can be achieved with the right resources, proactive planning helps avoid unnecessary pressure. A disciplined gap analysis and an accounting strategy aligned with capital‑markets objectives are critical to executing successfully. If a U.S. IPO or cross‑border transaction is on your horizon, this is essential reading. We’ve guided companies through it, learned what works, and are pleased to share those insights. #USCapitalMarkets #IPOReadiness #CFOAdvisory #AccountingAdvisory #CrossBorderIPO #ForeignPrivateIssuer #IFRS #USGAAP #SPAC #CapitalMarkets #GlobalExpansion

We are hiring top technical accounting talent to join our growing team! Reach out to me or any of our team members. https://lnkd.in/eZBwEmHQ CohnReznick Swami Venkat Eric Wade, CPA, MBA Mohammad Hasham, CPA, CA, CMA