Marcum CPA- Partner Neil Prasad Says It Is Important Companies Get House In Order So They're Good With Compliance; Same Thing With Legal; Have Good Understanding Of Operations Teams; And On Finance And Accounting Side Make Sure You Are Keeping Books And Records Up To Date And Getting Audits Done; When Time Comes To Raise Capital Or Get Loan You You Dont Want To Lose Valuable Time; Brings Credibility To Team And Opportunity To Get Credit
Portfolio Pulse from Benzinga Newsdesk
Neil Prasad from Marcum CPA emphasizes the importance of companies maintaining compliance, legal understanding, and up-to-date financial records. This preparation is crucial for raising capital or securing loans, enhancing credibility and credit opportunities.
October 08, 2024 | 3:59 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
The emphasis on compliance and financial readiness by Neil Prasad could impact MSOS, as companies within the ETF may need to ensure they are prepared for capital raising or loan opportunities.
MSOS, being an ETF focused on cannabis, includes companies that may benefit from improved compliance and financial practices. However, the article does not specify any direct impact on MSOS, leading to a neutral short-term price impact.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50