Both the FASB and IASB have recently released new, revised or updated standards (IFRS 15: ASC 606/IFRS 16: ASC 842) which have to be implemented within a short time frame. The process of the adoption of these standards is similar to that of converting to a new regulatory standard for the first time.

With over 17 years experience leading accounting change projects, you can be sure of receiving quality service tailored to meet your specific needs.

Accounting Change

    Services include:

  • Development of a conversion plan
  • Impact assessment (gap analysis, accounting memos)
  • Design and implementation (system selection, chart of accounts, accounting policies, financial statements)
  • Workshops and training sessions
  • Overall project management
  • Post-implementation support