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insights from the embarker blog

Clancy Fossum

Recent Posts

Our Accounts Receivable Template and Tips Will Help Fuel Growth

Clancy Fossum . June 28, 2019

Money might not make the world go ‘round, but it certainly comes in handy when running and growing a business. Your accounts receivable plays a significant role on that front, making certain you’re adequately paid and on time for the goods and...

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Tagged: accounting tips, accounts receivable

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A Useful Template and Best Practices for Accounts Payable

Clancy Fossum . June 18, 2019

As far as your financials go, it doesn’t get more fundamental than your accounts payable. Your AP is a structural foundation of your enterprise, no matter how big or complex your operations might be. However, many companies still struggle with...

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Tagged: accounting tips, accounts payable

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Providing Financial Reporting For Private Equity/Venture Capital

Clancy Fossum . May 14, 2019

Growth is the lifeblood of any organization. It’s why you exist in the first place, and separates the winners from the losers. It lies at the combustible intersection of capital, innovation, and strategy, where if you lack in one element, the...

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Tagged: private equity, financial reporting, venture capital

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Stay on the Good Side of Risk With The ASC 815 Hedge Accounting Update

Clancy Fossum . May 09, 2019

Hedge accounting. The term alone sends shivers down the spine of even veteran accountants, unfamiliar with its supposed vagaries and complexities. Sure, hedging isn’t the most popular of topics in the accounting world these days, especially with...

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Tagged: ASC 815, hedge accounting

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George Helock Brings Mile High Experience and Skillset to Embark’s Denver Team

Clancy Fossum . May 07, 2019

To paraphrase a classic, if you build it, they will come. When we wrote about our new (at the time) Denver office back in 2018, we predicted that Embark’s “unrelenting commitment to our team will undoubtedly disrupt the Denver market by...

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Tagged: financial consulting, denver

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How Did Rev Rec & Leases Implementations Go In 2018?

Clancy Fossum . April 25, 2019

Given the hullabaloo over the new lease accounting and rev rec guidance, it only makes sense to take a step back, get a lay of the land, and see how companies are doing on the compliance front, don’t you think? Embark certainly does. That’s why...

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Tagged: revenue recognition, Lease Accounting

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Embark’s New Dallas Market President, Chad Robottom, Personifies Our Ideals And Ambitions

Clancy Fossum . April 23, 2019

At Embark, success is self-perpetuating. Build an exciting, robust, and satisfying environment of extremely intelligent and driven people and, lo and behold, that success builds upon itself. For that reason and roughly one million more, we...

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Tagged: company culture, dallas

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5 Things to Think About For Your Upcoming Financial Transaction

Clancy Fossum . March 21, 2019

Financial transactions like a merger or acquisition, carve-out, divestiture, or IPO can play a pivotal role in your company’s future as long as you adopt a well-informed approach that vastly increases the odds of a successful transaction. Such an...

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Tagged: IPO, accounting tips, M&A activity

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3 Strategies To Help You Through High-Growth

Clancy Fossum . March 19, 2019

While no two companies are ever alike, there are common threads in strategies for high growth enterprises that are consistent across many different industries and environments. Embark learned this lesson while experiencing our own recent growth...

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Tagged: hypergrowth

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Accounting Month-End Close Checklist and Best Practices

Clancy Fossum . March 07, 2019

Take a stroll through your accounting department as the end of the month approaches and you might just notice a palpable tension in the air. Pulses quicken, patience shortens, and pupils dilate as your highly qualified team dives into yet another...

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Tagged: accounting tips

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