Over the past few months, intheBlk has been working on building a Black-Scholes calculator to assist accountants with...

Once a biotech company is public, controls are put into place to ensure compliance with financial regulations. System...

Once the performance obligations in a  biotech collaboration agreement have been identified and revenue has been...

Under ASC606, collaboration revenue is recognized as a company incurs costs to deliver the performance obligation....

ASC 606 has made understanding revenue recognition patterns more complicated. Having an understanding of the model...

A smooth accounting close is critical to producing financial statements efficiently and effectively. Public companies who...

Upgrade your ERP | Pre- or Post-IPO?

by Paul Giese on Jul 2, 2018 8:02:00 AM

Almost all biotech startups use Quickbooks as their initial enterprise resource planning (ERP) software. With good reason...

Interpreting the revenue recognition accounting guidance for your biotech collaboration is challenging if you aren't a...

In May 2014, the Financial Accounting Standards Board (or FASB) issued ASU 2014-09, Revenue from Contracts with Customers...