
For early stage and development stage companies, one of the largest expenses incurred typically is costs associated with research and development (R&D). When developing new products and ideas, opportunities may exist to reduce payroll tax liability by qualifying for an R&D tax credit.
Preparing for an IPO (initial public offering) is an enormous task for any company. Going public requires credible, audited financial statements under PCAOB guidelines that will comply with strict SEC regulations. Withum performs PCAOB audits and ensures financial reporting compliance for companies planning for an IPO.
Properly capturing and understanding company data, especially for early-stage companies, can be difficult without the right tools. Using data analytics and artificial intelligence (AI) can help you store, share, and analyze your data easily to make smarter decisions for your business.
Cyber and Information Security
Life sciences companies are a prime target for cyber crime due to the nature and structure of your business. By identifying areas of vulnerability in your IT infrastructure, you can better mitigate the risk of cyber threats by adopting effective cyber and information security strategies.
Outsourced Accounting Systems (OASyS)
The rapid growth of your life science company can often put a strain on internal finance and accounting operations. Outsourced accounting, finance and CFO services can create greater flexibility, compliance and cost savings in a scalable manner to support the growth of your business.
Withum's Life Science Services Team is an active member of national and local centers of influence.
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