Technical Accounting

Implementing New and Emerging Standards

Accounting policy is a rapidly changing world that requires businesses to perform complex accounting policy research and implementation in a number of areas of U.S. GAAP and IFRS. Recently, businesses have faced accounting issues around consolidation, derivatives, business combinations, impairment, troubled debt restructurings, bad debt and loan loss methodologies, going concern and foreign currency accounting, among others.

Anticipate and Respond to Accounting Challenges

Due to the changing standards around revenue recognition, leases, and current expected credit loss (CECL), companies across all industries are facing significant new changes.

With our deep expertise in helping public and private companies implement emerging and ongoing accounting standards, analyzing and documenting complex transactions, and assessing necessary changes to financial reporting and operational processes, our professionals work alongside our clients and their auditors to anticipate and respond to these accounting challenges.

Focus Areas

New Accounting Standards

Assist with the research, analysis, and disclosures associated with the new revenue, leasing, CECL, and other emerging standards
.
.

Complex Transactions

Research the accounting implications of complex transactions; calculate the impact of the transactions on the company and document the basis conclusions in an audit-ready memorandum

Accounting Policies

Establish / review accounting policies across all accounting and reporting areas
.
.
.
.

Our Services

Review and Research Complex Arrangements

Draft Technical Accounting Position Papers

Prepare Accounting Analysis and Calculations

Draft Accounting
Policies

Provide Project Management and Executive Reporting

Case Studies

ACCOUNTING POLICY ADVISORY REVENUE RECOGNITION

A Publicly-Traded Leading Global Research, Technology and Consulting Firm

Learn about how we prepared a comprehensive set of revenue recognition policy memos for the client,
covering all significant business units and revenue streams.

CECL Results And Their Interpretation: What’s Next?

In this video, we discuss key considerations when comparing CECL results to current Allowance for Loan and Leases Losses (ALLL) reserves and share illustrative analytical approaches that are proven to be very useful when helping our clients implement the new accounting standard.

Watch Video