Governance IssuesTM
Volume 2021, No. 2
April 22, 2021
In This Issue
From SPACkled to ESG to changing audit firms, we address the latest topics in accounting and financial reporting. Tell us your thoughts!
Should Your Company be SPACkled?
The latest and newest ‘craze’ to hit Wall Street are Special Purpose Acquisition Companies, or SPACs. While SPACs have been around for decades, their popularity has recently increased exponentially. There have been 433 IPOs on the US stock market this year, as of April 21, 2021. That is +982.5% more than the same time in 2020, which had 40 IPOs by this date. The majority of these IPOs have been SPACs.
By Ron Kral, CPA, CMA, CGMA
Whether you’re looking for a new perspective, enhanced access to resources or greater responsiveness; it is important to prioritize the transition and not take anything for granted. The transition of audit firms can be made easier with a vetting process to identify the right firm, people, processes and technology to meet your needs towards seamless onboarding. Here are some steps to help ensure a smooth transition. 
The transition of audit firms can be made easier with a vetting process to identify the right firm, people, processes and technology.
As ESG activities increase in relevance and importance to stakeholders, companies seek to understand ESG disclosures and reporting, and determine the best path forward.
Whether you are a director or an executive already well into the journey of developing and communicating your company’s strategic sustainability plans or in the earlier stages, the rising public demand for environmental, social and governance (ESG) reporting is becoming a force that cannot be ignored by boards and management teams.
Kral Ussery serves US public and private companies to protect and grow shareholder value, as well as non-profits and governments with internal controls and in combating fraud. Download our services flyer.
About Governance IssuesTM
Governance Issues™ is an electronic newsletter published by Kral Ussery LLC, a public accounting firm delivering advisory services, litigation support and internal audits. Topics focus on our practice areas of SEC compliance, governance, controls, IT general controls, risk assessments, IPO readiness, M&A transactions, restructuring, valuations, US GAAP and internal auditing.
Content in this newsletter is for general information purposes only and should not be used as a substitute for professional consultation.
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