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AALogo wht 447x88
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INDUSTRY EXPERTISE

LIFE SCIENCES

SCOPE

Revolutionizing Healthcare

The life sciences industry is undergoing a transformative shift, with AI/ML adoption, personalized medicine, gene editing, and digital health driving innovation and improving patient outcomes while reducing costs.
of Accounting Firms are using AI or have plans for AI​
25 %
Accounting Firms are Working Remotely (at least part-time)​
80 %+
of Accountants are utilizing Cloud Accounting​
90 %+
Companies are Outsourcing Accounting and Business Process
37 %

OUR EXPERTISE

Specialized Accounting Practices for Innovation Success
Our services in Life Sciences Accounting cover a range of financial needs, including financial statement preparation, cost accounting, grant and contract management, R&D expense tracking, and tax planning.
Trending Insights

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Indirect Tax Compliance

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How AP Bots are Boosting Faster Payments

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Agile Short-Term Cash Flow Forecasting in Disruptions

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The Retail Revenue Revolution You Can’t Ignore

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Revolutionizing CPA Licensure

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Preparing Your Business for Lease Accounting Changes

ADDITIONAL INSIGHTS

Technology, Corporate Tax

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Preparing Your Organization for Generative AI Integration

Tokenization: A Catalysis for Change in Financial Services

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CFOs must be more than CPA

Blockchain’s Role in Shaping Secure Financial Practices

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How AI Is Reshaping Financial Regulations

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Corporate Tax Capitalizing Technology Expenditures

TAILORED SERVICES

Industries Expertise

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Knowledge

Our Life Sciences Accounting services are designed to provide tailored financial solutions to companies operating in the life sciences industry. From financial statement preparation and audit support to grant and contract management, research and development expense tracking, and tax planning, our experts help clients navigate the complex financial landscape of the life sciences industry. We understand the unique challenges and regulatory requirements faced by life sciences companies, and our experienced team is dedicated to providing accurate, timely, and cost-effective financial solutions that help clients achieve their business goals.

Resources

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Tax Credits: Inflation Reduction Act of 2022

The Inflation Reduction Act offers organizations unique opportunities to leverage tax credits and drive innovation—unlock significant savings today by discovering how your organization can cash in on substantial discounts with these valuable incentives. The Inflation Reduction Act (IRA) introduces over 70 dynamic tax credits—ranging from investment and excise to production

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Embracing Risk for Opportunity

Turn Risk into your greatest ally — Discover how smart risk management can unleash transformative opportunities for your business. In the vibrant and unpredictable world of business, risk is not just a hurdle to overcome—it’s an invitation to innovate and excel. Every decision you make opens the door to new possibilities,

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Tokenization: A Catalysis for Change in Financial Services

As financial institutions face economic challenges, discover how tokenization is transforming asset management and paving the way for a more agile and inclusive financial landscape. In the evolving landscape of financial services, institutions need to adapt in the face of economic constraints, high interest rates, and intensifying competition. As traditional

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Optimizing Your Physical Inventory for Saving Costs

Want to cut costs and improve cash flow? Discover how optimizing your physical inventory process can boost efficiency, reduce errors, and give your business a competitive edge. Effective inventory management plays a pivotal role in controlling business expenses. While many focus on sales, marketing, or production costs, inventory management—specifically physical

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Cost Optimization Takes Center Stage for CFOs

Amidst soaring inflation and market volatility, CFOs are prioritizing cost optimization, revealing how fractional CFO services can empower organizations to enhance efficiency and seize growth opportunities. As we move into the coming year, many Chief Financial Officers (CFOs) are placing a strong emphasis on cost optimization amid a backdrop of economic

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Enterprise Risk Management (ERM) Blueprint

In today’s fast-paced and complex business environment, organizations across all industries are grappling with increasing challenges and risks. The ultimate solution lies in implementing an effective Enterprise Risk Management (ERM) program, which not only addresses risks but also enhances overall business strategy. What is ERM?Enterprise Risk Management (ERM) is a

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Leveraging Data Analytics in Private Equity

Discover how data analytics is revolutionizing private equity, empowering firms to uncover hidden opportunities, minimize risks, and make smarter, faster decisions that drive long-term growth and outperform competition. As markets become more intricate, private equity firms (PEFs) are increasingly turning to data analytics as a strategic tool to enhance decision-making, optimize

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Unlocking Efficiency with Tax Technology Solutions

Discover how tax technology solutions can streamline compliance, improve accuracy, and reduce tax liabilities. Learn about the latest tools transforming tax operations for businesses of all sizes. IntroductionIn today’s digital landscape, businesses are turning to tax technology solutions to manage complex tax requirements more effectively. These advanced tools not only

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The Future of Corporate Tax

Explore the future of corporate tax, influenced by globalization, digitalization, and demands for fairness. IntroductionAs the world of business continues to evolve, so too does the landscape of corporate taxation. With governments around the globe reevaluating their tax policies, the future of corporate tax is poised for significant changes that

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Outsourcing Internal Audit Functions

In the contemporary business landscape, outsourcing internal audit functions has emerged as a strategic option for companies aiming to improve resource allocation, elevate audit quality, and minimize expenses. Many organizations are increasingly adopting this practice to enhance efficiency and manage costs effectively. This strategic decision can streamline operations and provide specialized expertise that typically

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SME Internal Controls for Risk Advisory

Small businesses are the backbone of the United States economy. It is, however, usually their small size that makes them more prone to risky instances such as fraud, operational inefficiency, and regulatory violations. Internal controls not only prevent loss for small businesses but also generate trust, efficiency, and long-term success.

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Financial Shared Services Centers

FSSCs enhance corporate financial operations by centralizing and standardizing processes, leveraging automation, and driving growth through innovation and technology, allowing organizations to thrive globally. The Financial Shared Services Center (FSSC) is a management strategy that consolidates the financial and accounting functions of multiple branches within a corporate group into a single, cohesive

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