DLA, LLC (“DLA”), an Internal Audit, Accounting & Corporate Finance Advisory Firm headquartered in the New York Metro area, is excited to announce the addition of Frederick P. Bara, CPA, to lead and expand the Firm’s tax practice.
In the first half of 2021, there was a surge in financial restatements. The reason relates to guidance issued by the Securities and Exchange Commission, requiring special purpose acquisition companies (SPACs) to report warrants as liabilities. SPACs are shell corporations that are listed on a stock exchange with the purpose of acquiring a private company, thereby making it public without going through the traditional IPO process. Historically, SPACs that offer warrants (which allow investors buy shares at a set price in the future) have reported those instruments as equity.
DLA, LLC (“DLA”), an Internal Audit, Accounting & Corporate Finance Advisory Firm headquartered in the New York Metro area, with additional offices in Boston and Central New Jersey, is excited to announce the addition of Alex Bogopolsky as Managing Director in the Accounting Advisory practice. Alex joins the Firm with more than three decades of technical accounting experience stemming from his auditor and consultant roles at the Big 4 and industry. “Alex will be an exciting addition to the DLA family,” stated DLA’s Founder and CEO, David Landau. “His technical accounting experience and background complement our rapidly growing Accounting Advisory group.”
The Financial Accounting Standards Board (FASB) recently conducted a post-implementation review of Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers (Topic 606). The rules were issued in 2014 but took effect in 2018 for public companies and in 2019 for private companies.
DLA, LLC (“DLA”), an Internal Audit, Accounting & Corporate Finance Advisory Firm headquartered in the New York Metro area, is excited to announce the addition of Yelena M. Talmazan, MBA, CIA, CISA as Managing Director in the Internal Audit practice. Yelena joins the Firm as a seasoned audit and business executive with over 23 years of experience in the financial services, consumer business, and technologies industries.
On June 16, the Financial Accounting Standards Board (FASB) issued a proposal that would enable private companies to have a more flexible approach when using a discount rate to measure lease liabilities. The discount rate directly impacts the lease liability that companies record on their balance sheets, and the proposed tweak would be a helpful simplification.
DLA, LLC (“DLA”), an Internal Audit, Accounting & Corporate Finance Advisory Firm headquartered in the New York Metro area, is excited to announce the promotion of several employees. “Our culture is to promote from within,” stated Founder & CEO David Landau. “Each of these employees have shown hard work, dedication, and commitment to our clients, and we are proud to have them on our team. I have no doubt that they will continue to excel and exceed our expectations in their new roles.”
DLA Capital Advisors is excited to announce that we are expanding our team with the addition of Matthew Lapish as Vice President.