Business
Ongoing Fraud on Wall Street
From accounting fraud to insider trading, there’s no denying the ongoing presence of Wall Street fraud in the modern financial world. Wall Street fraud is a practice that’s been around since Wall Street’s induction as a financial hub, and where large sums of money are found, so are people willing to exploit that resource. Despite…
Read MoreIPO Watchlist for the Rest of 2023
2023 IPO Watchlist for All Upcoming IPOs Keeping track of initial public offerings (IPOs) is needed for any business or investor. Having an IPO watchlist for the rest of 2023 can significantly impact financial well-being. With plenty of IPOs on the horizon, investors and companies require a comprehensive overview of what to anticipate in the…
Read MoreDissecting the First Republic Bank Bailout
Grasping the intricacies of the First Republic Bank bailout, in which the bank secured a $30 billion lifeline from leading American banks, is essential for both investors and customers. This guide delves into the bailout, exploring the factors that triggered the crisis, the key players involved, and the results. Continue reading to gain valuable insights into the…
Read MoreInside the Collapse of Silicon Valley Bank and Signature Bank
On March 10, 2023, the banking industry was rocked by the collapse of two major institutions: Silicon Valley Bank (SVB) and Signature Bank. SVB, once ranked as the 16th largest bank in the United States, made history as the second-largest bank to fail in the country. Its investments in long-term bonds at the wrong time…
Read MoreConducting a Business Valuation Before Purchasing or Sale of a Business
Understanding the intricacies of business valuation is critical when buying or selling a business. Read this article to learn more. What Is a Business Valuation? A business valuation is the process of determining the economic value of a business or company. It’s typically conducted by an independent third-party professional appraiser and involves assessing the current…
Read MoreInside the FTX Crypto Scandal
On November 7th, Sam Bankman-Fried had an estimated $16 billion fortune, largely invested in cryptocurrencies. By the end of the week, that fortune was gone. According to Bloomberg, it was one of “history’s greatest-ever destructions of wealth.” It occurred alongside the collapse of his crypto exchange, FTX, an event that has shaken the entire cryptocurrency…
Read More7 Key Factors Used to Value a Business
While it may seem like a simple game of numbers, business valuation is actually a complex process. Determining a company’s value depends on a number of different factors: some obvious and some less straightforward. Beyond that, the approach to business valuation can change depending on who is carrying out the valuation process, the type of…
Read MoreENSSCPA Sponsors One of Our Own in ‘The Crossing for Cystic Fibrosis’
The Crossing for Cystic Fibrosis is an incredible event where participants embark on an 80 mile journey across the Gulf Stream from Bimini in the Bahamas to the Florida mainland, on paddle boards. This long-distance endurance paddle challenge and international championship race is one of its kind, inspired by the undeniable health benefits linked to…
Read More7 of the Most Successful Deals on Shark Tank
Performing a business valuation is complicated, to say the least. From varying formulas to varying investor interests, a company’s value is largely dependent on revenue trends, industry and customer concentration, profit margins, EBITDA, personnel, and competitive advantages. But that’s not all that matters. Entrepreneurs must knock their pitch out of the park in order to…
Read MoreIPO Watch List for 2022
With significant rounds of fundraising over the last 10+ years, the market is bracing itself for a massive wave of IPOs. This wave is the result, in part, to the last decade of trillions of venture capital dollars directed to startups. Ernst & Young noted that 2021 gave us the highest yearly deal volume ever,…
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