SOMERVILLE, Mass., March 27, 2019 (GLOBE NEWSWIRE) -- Danforth Advisors, LLC, the life science industry’s leading resource for operational accounting, finance support, CFO services and strategic advisory, today announced the launch of a risk management consulting practice to complement its growing portfolio of flexible, scalable service offerings. Led by industry veteran and newly-appointed Managing Director Stacey Jacobson, CPA, the new practice will include advisory and implementation services relating to Sarbanes-Oxley (“SOX”) readiness/compliance, internal controls, process design, information technology (design, implementation and control assurance), corporate governance and enterprise risk management.

“We partner with life science companies at all corporate stages to expertly meet their accounting and operational finance needs as efficiently as possible, adding or changing resources as the companies evolve,” said Gregg Beloff, Co-founder and Managing Director, Danforth Advisors. “With the addition of risk management consulting services, we can further support our clients with the creation of internal controls, SOX and corporate governance-related programs using established, customizable templates and tools. As our clients mature, we will be able to provide even greater support in preparation for an IPO and life as a public company.”

“I’m pleased to join the Danforth team in working with some of today’s most promising life science companies, applying proven methodologies and control techniques to ensure organization-wide compliance and mitigate risk,” said Stacey.

Formerly a Deloitte partner with more than 25 years of experience, Stacey’s expertise lies in creating and implementing sustainable, systematic and integrated solutions for internal control/enterprise risk programs on a cost-effective basis. She has extensive experience serving life science companies in the areas of SOX, enterprise risk management, system and organizational controls reporting, information technology, corporate governance, internal audit, compliance programs and financial processing/reporting. Prior to her tenure with Deloitte, Stacey had direct experience working as a regional controller, systems implementation project leader (including implementing/configuring Lawson, Oracle, Workday and SAP) and director of internal audit/compliance. She holds a BS in Accounting from Drexel University and is a member of the American Institute of Certified Public Accounts (AICPA).

About Danforth Advisors
Danforth is the financial backbone to hundreds of life science companies, providing integrated and scalable consulting teams ranging from staff accountant through CFO. The company’s services span the full breadth of a finance organization’s needs, whether short or long term, including accounting and operational finance support, capital raising, financial planning and analysis, IPO preparation and post-public SEC compliance. Founded in 2011, Danforth has been a strategic and trusted thought partner to more than 350 life science companies, private and public, across all stages of the corporate life cycle. The company is headquartered in Boston, Massachusetts with additional operations in the emerging life science clusters of metropolitan New York, Philadelphia, Pittsburgh, Colorado and Texas. Additional information is available at www.danforthadvisors.com. 

Media Contact: Felicia Krupps 617-418-9434