StatTrading
The concept of StatTrading is that creators and users of financial statements both demand and supply statistics. By networking creators and users via an anonymous exchange, the supply of statistics becomes one with the demand for statistics.
By licensing StatTrader to CPAs for use by their clients, clients will get an additional CPA service in the form of comprehensive and relevant benchmarking statistics (See Benefit to your firm). And, by inviting and or enrolling their client’s bankers and investors into the service, CPAs can control the distribution of their client’s confidential information while also collecting debt capacity, debt structure and valuation statistics, which is entered by bankers and investors in exchange for statistical averages from these entries (i.e., StatTrading).
Benchmark Stats
Benchmark stats include comparative trends in sales growth, profitability ratios, asset turnover and financial ratios, which are all based upon the historical financial statements of each member. The role of StatTrader is to compute, encrypt and collect these anonymous entries (made by CPA Licensees or enrolled Members) in exchange for the network’s statistically processed results of these entries within each profile.