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Certified Public Accountants
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Public Company & Capital Formation Services

Due to the increased operating costs associated with the complex regulatory requirements required by public companies, business leaders are seeking high-quality alternatives to national accounting firms.

At RubinBrown, we specialize in serving mid-size companies. We have made significant investments in our existing resources to build a dedicated service team focused on meeting your specific needs.

Our professionals have experience providing external and internal audit services, so you will benefit from our knowledge of your business from both perspectives.

Our professionals have expertise in the following areas:

  • Stock compensation and options
  • Accounting for income taxes
  • Derivatives
  • Business combination accounting
  • Revenue recognition
  • Consolidation of variable interest entities

RubinBrown has experience in auditing a variety of entities registered with the Securities and Exchange Commission (SEC), from start-ups to mature companies, and also qualified benefit plans that are required to file Form 11-K.

RubinBrown is registered with the Public Company Accounting Oversight Board (PCAOB). In 2012, RubinBrown was reviewed by the PCAOB and our inspection resulted in a clean opinion.

You may view our inspection report by clicking here.

Your Public Company & Capital Formation Team

Members of our management group have served numerous publicly held companies prior to joining RubinBrown. Our partners and managers serving public companies spend substantial time keeping current on the latest developments from the SEC and the PCAOB.

We have experience in guiding public companies through complex accounting areas such as business acquisitions and divestitures, stock options and warrants, segment reporting, convertible debt, derivatives and income taxes.

Additionally, we know that companies are faced with tight deadlines for SEC filings. Our team of professionals has a strong commitment to timely and proactive service to minimize the time pressures public companies face.

Public Company & Capital Formation Services

Each of our Public Company & Capital Formation team members receives ongoing education and training, ensuring you profit from the most up-to-date service and guidance on SEC accounting and reporting issues.

Our professionals are equipped to meet your assurance needs, as well as provide specialized advisory services:

  • Financial statement audits
  • Tax compliance and advisory service
  • Due diligence
  • Agreed-upon procedures and other attest work
  • Internal audit services
  • Sarbanes-Oxley section 404 compliance services and software
  • Technical accounting assistance
  • IPO assistance

SEC Advisory Services

SEC reporting in today’s environment is more complex than ever and changing at an unprecedented pace. Many public companies are finding it increasingly difficult, if not impossible, to keep up.

In addition, the Sarbanes-Oxley Act and other regulations have severely limited the ability of companies’ external auditors to assist you as they previously did in implementing and reporting on these complex matters.

In response to these issues, RubinBrown and our Public Company & Capital Formation Services Group have developed "SEC Advisory Services."

You will benefit from our expertise in a variety of service areas, including:

  • Preparation or review of financial statements and disclosures
  • Review of 10-Q, 10-K and other public filings
  • Assistance with the implementation of new accounting standards
  • Research and review of unique or complex issues
  • Provision of technical training
  • Assistance with purchase accounting

 

SEC Accounting Standards Updates

Effective in 2014
(for public calendar year-end companies)

ASU 2014-06 — Technical Corrections and Improvements Related to Glossary Terms

Effective upon issuance (March 14, 2014)

Q1 2014

ASU 2013-12 — Definition of a Public Business Entity—An Addition to the Master Glossary

The term “public business entity” is being used to consider the scope of new guidance beginning in 2014.

Q1 2014

ASU 2013-11 — Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists (EITF Issue 13-C; ASC 740)

Fiscal years (and interim periods within those years) beginning after December 15, 2013

Q1 2014

ASU 2013-08 — Amendments to the Scope, Measurement, and Disclosure Requirements (ASC 946)

Interim and annual reporting periods in fiscal years that begin after December 15, 2013

 Q1 2014

ASU 2013-07 — Liquidation Basis of Accounting (ASC 205)

Effective for entities that determine liquidation is imminent during annual reporting periods beginning after December 15, 2013 (and interim reporting periods therein)

 Q1 2014

ASU 2013-05 — Parent’s Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity (EITF Issue 11-A; ASC 830)

Fiscal years (and interim periods within those fiscal years) beginning after December 15, 2013

 Q1 2014

ASU 2013-04 — Obligations Resulting from Joint and Several Liability Arrangements for Which the Total Amount of the Obligation is Fixed at the Reporting Date (EITF Issue 12-D; ASC 405)

Fiscal years (and interim periods within those fiscal years) beginning after December 15, 2013

 Q1 2014

ASU 2012-05 — Not-for-Profit Entities: Classification of the Sale Proceeds of Donated Financial Assets in the Statement of Cash Flows (EITF Issue 12-A; ASC 230)

Fiscal years (and interim periods within those years) beginning after June 15, 2013

 Q1 2014

ASU 2011-06 — Fees Paid to the Federal Government by Health Insurers (EITF Issue 10-H; ASC 720)

Calendar years beginning after December 31, 2013

 Q1 2014

 

 

Effective after 2014
(for public calendar year-end companies)

 

ASU 2014-15 — Presentation of Financial Statements — Going Concern (Subtopic 205-40), Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern

Effective for annual periods ending after December 15, 2016, and interim periods within annual periods beginning after December 15, 2016.

 Q1 2017

ASU 2014-14 — Receivables—Troubled Debt Restructurings by Creditors (Subtopic 310-40), Classification of Certain Government-Guaranteed Mortgage Loans upon Foreclosure an Entity’s Ability to Continue as a Going Concern

Effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2014.

 Q1 2015

ASU 2014-13 — Consolidation — (Topic 810), Measuring the Financial Assets and the Financial Liabilities of a Consolidated Collateralized Financing Entity

Effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2015.

 Q1 2016

ASU 2014-12 — Compensation — Stock Compensation (Topic 718), Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period

Effective for annual periods and interim periods within those annual periods, beginning after December 15, 2015.

 Q1 2016

ASU 2014-11 — Transfers and Servicing (Topic 860), Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures

Effective for the first interim or annual period beginning after December 15, 2014.  Disclosures for transactions accounted for as secured borrowings: Effective for annual periods beginning after December 15, 2014, and for interim periods beginning after March 15, 2015.

 Q1 2015

ASU 2014-10 — Development Stage Entities (Topic 915), Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation

Amendments to ASC 915: Effective for annual reporting periods beginning after December 15, 2014, and interim periods therein.  Amendments to ASC 810: Effective for annual reporting periods beginning after December 15, 2015, and interim periods therein.

 Q1 2015

ASU 2014-09 — Revenue from Contracts with Customers (Topic 606)

Effective for annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period.

 Q1 2017

ASU 2014-08 — Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360), Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity

Effective for all disposals (or classifications as held for sale) of components of an entity, and all businesses or nonprofit activities that, on acquisition, are classified as held for sale, that occur within annual periods beginning on or after December 15, 2014, and interim periods within those years.

 Q1 2015

ASU 2014-05 — Service Concession Arrangements (Topic 853)

Effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2014.

Q1 2015

ASU 2014-04 —  Receivables—Troubled Debt Restructurings by Creditors (Subtopic 310-40), Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure

Effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2014.

Q1 2015

ASU 2014-01 — Investments—Equity Method and Joint Ventures (Topic 323), Accounting for Investments in Qualified Affordable Housing Projects

Effective for annual periods, and interim reporting periods within those annual periods, beginning after December 15, 2014.

Q1 2015

ASU 2013-06 — Not-for-Profit Entities (Topic 958), Services Received from Personnel of an Affiliate

Effective for fiscal years beginning after June 15, 2014 and interim and annual periods thereafter.

Q1 2015