Valuations & Appraisals – When, Why & How

This Frequently Asked Question (FAQ) post addresses typical questions from companies regarding obtaining a valuation or appraisal.  This document is co-authored by Bruce Wynn of Morris, Manning & Martin, LLP and Dan Branch of Taylor Consulting Group, Inc. The following questions are commonly asked of technology and business services companies.  We hope this information is helpful to you.  Please note that there are additional questions that will be relevant in this area and you should consult your legal, tax and accounting advisor with any other questions.

1.  When do I need a valuation or appraisal?

Answer:  There are several situations where a valuation or

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FAQ: Negotiating a Line of Credit Facility with a Commercial Bank


Negotiating a Line of Credit Facility with a Commercial Bank

by: Ed Hirsch, MMM Corporate Technology Group and Neal Miller, TechCFO
This FAQ (frequently asked questions) provides answers to important questions for entrepreneurs to consider in negotiating a line of credit and other lending arrangements with commercial banks.  This FAQ can also serve as a sample checklist of relevant issues for your company in connection with bank financing.  Please note that other questions may be relevant to your company, and this is not a comprehensive review of all important issues.


1. Is this the right time for my company to pursue debt

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Corporate Questionnaire for 2011 Annual Meetings – Board and Shareholders

This 2011 Questionnaire is designed to prepare your private company for its annual meeting of the Board of Directors and Shareholders. Good corporate governance generally requires conducting these annual meetings. The following list of sample questions serves as a tool designed to aid in the preparation process to ensure a productive meeting.


1. Who should be appointed as Directors of the Company?

2. What are the names and office of the officers of the Company?

3. When was the last Annual Report filed with Office of Secretary of State? If you have a copy of the Report, please attach

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Software Case Highlights Criminal Exposure for Revenue Recognition of Software Sales

Former chief financial officer of Network Associates, Inc. (“NAI”), appeals his convictions for securities fraud and making materially false statements to auditors. The government alleged that NAI, under CFO’s supervision, violated generally accepted accounting principles (“GAAP”) by recognizing revenue from certain software sales earlier than it should have. CFO was indicted for concealing the allegedly improper accounting from NAI’s outside auditors and for filing reports with the Securities and Exchange Commission that, because of NAI’s accounting, allegedly misstated revenue in certain reporting periods between 1998 and 2000. CFO argued that no jury could have found him guilty beyond a reasonable

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