DELIVERING RESULTS WITH PRECISION
Navigating Complex Accounting Challenges in Financial Services
Technical & Transactional Accounting
Implementation of US GAAP:
When it comes to technical and transactional accounting, a meticulous approach is paramount. This involves comprehensive research, precise analysis, and detailed documentation. Areas of focus include revenue recognition, credit impairment (CECL), transfers of financial assets and securitizations, mortgage servicing rights, asset impairments, interest rate derivatives, fair value measurements, equity and debt arrangements, consolidations, business combinations, stock-based compensation and leases. Our expertise ensures accurate financial reporting in accordance with US GAAP.
Purchase Accounting
In the realm of purchase accounting, attention to detail is key. We address the intricate and judgmental aspects of acquisition-related accounting treatment. This encompasses the preparation or review of purchase accounting entries and subsequent adjustments. Our attention to detail approach enhances the accuracy and transparency of financial statements.
Internal & External Reporting
SEC Reporting
Review and assist with SEC regulatory reporting of quarterly and annual reporting (Forms 10-Q and 10-K) or registration statements, including the complexities of Initial Public Offerings (IPO’s), (Forms S-1, S-3 and S-4).
Internal Reporting (Private or Public)
Review and assist senior management with internal management reporting, including operational, accounting, finance and risk management matters. Provide regulatory reporting assistance for banks, credit unions and mortgage bankers, as well as, management and board level reporting.
External Audit Reporting
Reconciliation and Schedules
Review of client prepared account reconciliations, equity and fixed asset roll forwards, and other schedules requested by the audit team as well as various testing procedures ahead of the audit team to minimize audit adjustments.
Assistance with the Audit Firms
Assist and enable effective communication with your audit firm, respond to auditor inquiries, including drafting of technical memoranda.
Financial Reporting
Assistance with the reparation of GAAP compliant financial statements including drafting of the primary financials footnotes, review of classification of expenses and completion of disclosure checklists required by the audit firms.
Systems, Process & People
Close Process Re-Engineering
Elevate the efficiency of your accounting organization through our in-depth analysis and redesign of close process activities.
Business Process Review & Optimization
Unlock operational excellence with our proficiency in best practices and extensive experience in process design. Our services encompass data gap analysis, thorough documentation and re-engineering of data and process flows, along with a review and optimization of system architecture. We ensure your operations are finely tuned and highly efficient.
Phone
(415) 463-4223