Technical Accounting Advisory

Whether you employ a single accounting and finance specialist or an entire team, odds are you may experience a resource limitation when it comes to preparing for external audits and addressing technical GAAP-related accounting and financial reporting matters and concerns.

With complex reporting requirements changing rapidly, many organizations face a significant burden attempting to keep pace.

  • GAAP to IFRS Conversion
  • Lease Accounting
  • Revenue Recognition
  • Implementation of New Authoritative Guidance
  • GAAP Position Paper Support
  • Equity, Debt & Derivative Accounting
  • Impairment Assessments
  • Tax Provisions
  • Accounting for Uncertainty in Income Taxes
  • Compensation Accounting
  • Audit Support & Readiness
  • IPO Readiness
  • SEC Regulations & Related Matters

The New Revenue Recognition Standard

The FASB and IASB’s converged standard on revenue recognition is a historic change that establishes a global model for virtually all industries in U.S. GAAP, including those that previously followed industry specific guidance. Effective standards are in place as of 2018, and that means it’s critically important for your business to have an understanding of the standard’s core concepts. We recommend reading our five-step revenue recognition model in detail.

The New Revenue Recognition Standard

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