these firms. If you check the GAO reports about accounting restatements from 1997-2006, more than 75% restatements come from small /medium-sized firms.
It is amazing how the executives can misapply accounting in these firms.
use numbers, not your personal experience to talk about business.
For lots of small firms, it does not make much sense to listed on the exchanges these days. They can easily get money from VCs, who monitor them in a much better way.
