ACCOUNTING AND FINANCE SOLUTIONS

Technical Accounting

Significant complex non-routine technical accounting matters.

Financial Statements, Audit Preparation and Support

Audit preparation and support, including project management for the audit
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U.S. GAAP and IFRS conversions

Drafting SEC preclearance and consultation
correspondence and SEC comment letter responses
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Implementation and adoption of new accounting standards

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SEC Reporting

Financial statement preparation, including support for 10-K, 10-Q, S-1, S-3, S-4, F-1, 20-F, and other public company filings.

Revenue Recognition

- Adoption of new revenue recognition standard (ASC 606) including drafting position papers and policy memos

- Implementation of new policies, including assessing gross vs. net issues, variable consideration, contract modifications, timing of SaaS and software revenue, etc.

- Preparation of standalone selling price (SSP) calculations and subledger detail calculations for monthly revenue recognition

- Providing ongoing assistance with analyzing customer contracts

Stock-Based Compensation

Preparation of stock compensation calculations and memos to support management’s inputs and assumptions for Black Scholes Model valuation

Drafting memos to address accounting for performance and market-based awards

Drafting memos and calculations to support the accounting for stock modifications, cheap stock, secondary transactions and repurchases, and other technical issues

Business Combinations
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- Drafting memos to support business combination accounting conclusions, including purchase accounting memos

- Preparation of opening balance sheet workbook, Day 1, and push-down accounting

- Preparation of SEC and GAAP proformas

- Drafting memos to support conclusions for contingent consideration and earnouts

- Preparation of replacement award calculations

- Assessment of business combination vs. asset acquisitions, etc.

Lease Accounting Analysis

- Adoption of new lease standard (ASC 842), including drafting memos and policies

- Implementation of new policies and calculation of ROU assets and lease liabilities and determination of incremental borrowing rates (IBR)

- Assessment of lease agreements for embedded leases

- Providing ongoing assistance with analyzing lease agreements

Other Technical Accounting

- Drafting memos for debt and equity issuances, including convertible debt and SAFEs

- Drafting memos for convertible preferred stock, warrants, derivatives, and embedded derivatives

- EPS calculations and memos, including the basic and diluted impact

- Performing a software capitalization analysis and drafting memos

- Accounting for commercialization, collaboration arrangements, and clinical trials

- Drafting memos for the accounting for variable interest entities, joint ventures, etc.‍