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Technical Accounting Advisory

PRIMARY CONTACTS:
Donald B. Applegarth, CPA, Nicholas D. Lombardo, CPA 

The Schneider Downs Technical Accounting Advisory Services team provides customized consulting and advisory solutions to meet accounting-specific compliance and regulatory needs.

With backgrounds in audit, valuation, tax and other disciplines, our diverse team of professionals routinely assists publicly traded and privately held companies with their most complex accounting issues.

Our team of subject matter experts works with clients ranging from small businesses to multi-national Fortune 500 clients. We can address a broad spectrum of technical accounting needs, including accounting standard implementation, complex transactional accounting matters, GAAP/IFRS conversions, SEC reporting, debt and equity financing, as well as regulatory and compliance requirements. We also offer on-call resources for technical accounting and financial reporting support.

Accounting for Complex Transactions

Many complex transactions require professional consultation. Our experts can assist you with any complicated transactions you encounter. We have subject matter expertise in  the following areas:

  • Business Combinations (ASC 805)
  • Complex Debt or Equity Arrangements
  • Consolidations/VIE Accounting
  • Derivative and Hedging Transactions
  • Fair Value Measurement
  • Impairments
  • Lease Accounting (ASC 842)
  • Other Complex Transactions and Accounting
  • Revenue Recognition (ASC 605 and ASC 606)

Technical Accounting and Financial Reporting

The corporate and regulatory environment is constantly evolving, which can cause significant challenges for organizations of all sizes and industries. While our clients often maintain adequate resource levels to address standard, recurring accounting needs, they often do not have the expertise or capacity to efficiently manage more complex accounting manners . This is where the Schneider Downs Technical Accounting Advisory Services team can provide immediate value.

Our team of technical accounting professionals is dedicated to staying current with the latest accounting changes and pronouncements. Using an interactive and high-touch consultative approach, our team provides the on-call technical and financial reporting capabilities your organization needs to stay within GAAP, IFRS and SEC requirements.  Key services include, but are not limited to:

  • Accounting Policies and Procedures
  • Bankruptcy and Liquidation
  • Consolidation
  • Debt and Equity Transactions
  • Derivatives and Hedging
  • Financial Reporting for Public and Private Companies
  • Financial Statement Conversion (GAAP/IFRS, Cash Basis to GAAP, etc.)
  • Foreign Currency
  • Impairment
  • Inventory Costing
  • Position Papers
  • Research
  • Restatements
  • Share-Based Compensation
  • Software Capitalization
  • Variable Interest Entities (VIE)

Implementation of New Accounting Standards

The Schneider Downs Technical Accounting Advisory Services team routinely monitors new accounting standard developments and pronouncements. Our team knows first-hand the challenges of implementing these standards and the stress  this adds on an organization’s resources, specifically time and people. By the time new accounting standards are issued, our team is fully prepared to help our clients understand and implement the required regulatory measures. Key services include:

  • Adoption of New Standards
  • Customized Project Plans for Client Assessment
  • Position Papers or Accounting Policy Revisions
  • Education on New Regulatory Standards

Reporting and Disclosure Preparation and/or Assistance

Our team can help you draft a complete set of financial statements in accordance with U.S. GAAP, IFRS or other statutory requirements. We can assist on a monthly, quarterly or annual basis.

For more information on our Technical Accounting Advisory Services, please contact us at [email protected].

Technical Accounting Resources

Related Services

About Schneider Downs Accounting Advisory Services

Through our Accounting Advisory Services, Schneider Downs offers various technical accounting advisory services in addition to outsourced accounting and financial advisory services for every type of organization, from small businesses with limited resources to large publicly and privately held entities that require a unique perspective.

Learn more at 5zsk.bagmakerblog.com/accounting-advisory-services.

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