Clarity for dynamic, fast-growth companies
Technology and life sciences companies can go from zero to skyrocketing sales seemingly overnight. Preparing for and managing this kind of rapid growth requires a clear-eyed view of strategy and operations. Without this clarity, there can be no true understanding of opportunity and risks, or the ability to manage stakeholder expectations.
DHG’s Technology & Life Sciences professionals will help you see where your company is, guiding your progress to where you want to be. We provide tax, accounting and consulting for every phase of your company’s lifecycle, working with you to develop and execute a plan that engages management, employees and stakeholders.
Local responsiveness and global market connections
When you work with DHG, you work with a partner who has the authority to make decisions and deploy resources quickly. We also offer connections to an international community of accountants and advisors via our Praxity alliance, supporting:
- New market entry
- International tax management and transfer pricing
- Strategic and operational consulting to manage growth
Above all, we hardwire your company’s strategy and operations to the P&L. The numbers let you see whether you are winning or losing, measuring performance to guide your development of a sustainable competitive advantage.
Revenue recognition models
Early-stage companies often struggle with revenue recognition, as initial sales may be slow and terms and conditions can be different for each customer. DHG provides critical guidance on the selection of the appropriate revenue recognition model for sale of goods and services, licensing and other revenue-generating activities.
Our accountants and advisors can work with your financial officers to comply with all FASB and SEC reporting requirements, while alerting and educating management on new FASB and IASB guidelines for revenue recognition.
If your company outsources business processes, then you will need to mitigate the risk of data being processed incorrectly, compromised or lost. We perform Service Organization Control (SOC) Reports for companies of various sizes across a wide range of industries. Your SOC report will provide a thorough analysis of your processes and controls to give your customers confidence in you.
Complex equity transactions
We have extensive industry-specific experience with companies in negotiations with venture capital and private equity firms. Our accounting and advisory professionals can support your need for the flexibility to meet changing market conditions. We can also help you comply with reporting requirements of complex capital structures with preferred and common stock classes and potentially dilutive securities such as warrants, options and convertible debt instruments.
These services include:
- Accounting for share-based compensation
- Valuation services
- Share-based compensation plan design
Every company has unique challenges and requirements for a stock compensation plan. DHG will work your management and board of directors to assure that your plan meets your requirements for incentivizing performance on a tax-advantaged basis.
Guidance for growth
As your company grows, accounting and financial reporting requirements become more complex. We can work with your financial officers, board of directors and audit committee on:
- Accounting and financial reporting policies
- Design and implementation of internal controls and procedures
- Accounting for collaborative arrangements
- Capital markets
- SEC compliance and disclosure considerations
- Regulatory compliance
- Preparation for liquidity events/IPOs
If your company plans to go public, then it will need accountants and advisors with IPO experience. DHG gives you this experience. The firm is registered with the Public Company Accounting Oversight Board, which inspects our audits to ensure that we have sufficient evidence to support our audit conclusions and evaluations of financial statements and internal controls.