Technology and New Media

The world of technology and new media is vast and far reaching but has one common theme – growth is driven by disruptive change. Technology is anything but one size fits all, with enterprises in this space focusing on social networking, software, digital and mobile advertising, and e-commerce. Today, technology pervades almost every aspect of our lives – a trend that is sure to continue.

Technology and new media companies can either drive change or face the risk of obsolescence. No technology-focused business is immune to this risk. From seed, expansion and later stage companies to the most established technology companies in the world, every enterprise must continually assess customer feedback, evaluate product offerings, invest in research and development, and identify new markets to remain competitive and grow.

At Reznick Group, our goal to provide best in class financial accounting, tax and advisory services, guided by the following principles:

We stay connected. We employ a service approach that includes a close monitoring of our clients businesses and industries. Complexity and responding to change is not unique to only the operating aspects of a technology business, but also has implications on financial, accounting, and tax reporting. We are connected within the technology community from both a local and national perspective.

We respond to change. New technologies and service offerings often lead to different and more complex arrangements with customers, suppliers, investors and lenders. Navigating the accounting impacts of these new arrangements can be a challenge for our clients. We are proactive in assessing and communicating the financial and accounting implications of changes that impact our clients’ businesses.

We deliver industry insights. While Reznick Group is fully engaged in accounting and tax issues, we also have our pulse on the technology community. This keeps our business advice current and relevant as it relates to new entrants in the marketplace, recent transactions, and innovative investing and financing techniques. Our insights into technology and new media allow us to add value well beyond providing year end assurance and tax services.

We serve companies from early to late stage. Our clients include companies of all sizes, from seed stage to mature companies that serve regional, national, and international markets. Our service offerings are tailored to suit resource constraints and needs within each growth stage.

Technology and new media companies trust Reznick Group for timely advice on accounting, tax, and business strategies that can help their companies grow. We earn this trust by demonstrating our deep understanding of the industry specific issues they face and by delivering on our commitments.

Services

  • Audits and reviews
  • Audit readiness and transaction services
  • Revenue recognition advisory services
  • Technical accounting support services
  • Preparation of income tax provisions
  • Tax compliance, planning and strategy implementation
  • Due diligence and acquisition analysis
  • Compliance with Section 404 of Sarbanes-Oxley (SOX)
  • Stock and option valuation and purchase price allocations