Fast moving technology and life sciences companies need an accounting firm that can keep pace with their changing financial objectives. CohnReznick can help you make smarter accounting, tax, and business decisions to keep your company moving forward.
1. Achieving
your goals.
Capitalizing
on your ideas.
Fast moving technology and life
sciences companies need an
accounting firm that can keep
pace with their changing financial
objectives. CohnReznick can help
you make smarter accounting, tax,
and business decisions to keep your
company moving forward.
TECHNOLOGY AND LIFE SCIENCES INDUSTRY
2. Overview
Technology and life sciences companies are vital components
of the U.S. economy. They create products and services that
produce jobs, fuel retail sales, and save lives. Often, these
visionary companies are on a more aggressive growth trajectory
than other businesses, requiring infusions of capital to expand
operations or implement sophisticated controls and procedures
to address heightened government regulation.
As one of the top accounting, tax, and advisory firms in the United
States, CohnReznick has a proven track record in helping private,
public, and venture and private-equity backed technology
and life sciences companies succeed at each stage of their life
cycle. Clients benefit from our deep resources, our hands-on,
entrepreneurial culture, and our integrated service capabilities
across a range of critical areas. We help them to more effectively
manage growth while meeting the rising expectations of investors
and the financial community.
Value Proposition
CohnReznick currently serves numerous technology and life
sciences clients throughout the United States. These include
software developers and publishers, digital media, internet
and e-commerce services providers, and telecommunications
companies. In the life sciences sector, our clients include drug
development companies, CROs, and diagnostic and medical
device companies.
CohnReznick’s team of professionals has extensive knowledge
in dealing with accounting and tax issues specific to technology
and life sciences companies—issues such as multi-element
revenue recognition and intellectual property valuations. Our flat
organizational structure means that clients have direct access
to our partners and the financial knowledge and resources they
provide. The value we deliver includes:
• Full life cycle experience: We have comprehensive experience
helping companies move from point to point throughout their
life cycles. This experience includes advising on funding, capital
raises, mergers and acquisitions, valuations, and IPOs or other
liquidity events.
• Access to financial resources: Our reputation for high standards
and integrity has helped us open doors in the financial
community for our clients. We have exceptional relationships
with many private equity and venture capital firms.
• Tax mitigation: We can help our clients reduce their tax
obligations by leveraging our knowledge of highly technical
tax programs. These include research and development (R&D)
tax credits, orphan drug tax credits, and more.
• Global reach: For clients with international operations, we
address accounting and tax concerns across the globe
through our affiliation with Nexia International. As a leading
provider of audit and advisory services in the world, the Nexia
network gives us access to accounting and business advisory
professionals in 590 offices operating in more than 100 countries.
Industry Involvement
Our technology and life sciences industry professionals are
often called upon to provide thought leadership to national
and regional industry associations that support our clients.
These include:
• Angel Venture Forum
• Association for Corporate Growth
• BioNJ
• Connecticut Technology Council
• Crossroads Venture Group
• Los Angeles Venture Association
• Mid-Atlantic Venture Association
• New Jersey Technology Council
• New York Biotechnology Association
• Northern Virginia Technology Council
• The Industry Entrepreneurs
3. Services
Accounting and Assurance
• Audits, reviews, and compilations to satisfy regulatory, bank,
and equity financing requirements
• Accounting for equity compensation
• Revenue recognition
Tax
• Tax planning
• Tax compliance
• Tax credit application and advisory services
• State and local taxes
• International taxes and transfer pricing
Advisory
• Internal controls
• IPO readiness services
• Investor preparation and introductions
• Merger and acquisition planning
• Licensing agreement services
• Royalty services
• Identifying and monitoring key performance indicators
• Valuation (intellectual property, purchase price allocation,
stock, and options)
Learn More
Including CohnReznick as part of your technology and life
sciences advisory team will provide you with access to deep
industry knowledge and experience.
For more information on how your company can benefit
from our services, visit: cohnreznick.com/technology or
cohnreznick.com/lifesciences.