• Accounting Advisory

Helping you navigate complex standards.

For many companies, the U.S. Generally Accepted Accounting Principles (GAAP) are an essential component of their financial reporting processes, both internally and externally. But the complex standards can be difficult to navigate – and changes in the reporting standards can have a big impact, both on your financial statements as well as your overall business.

That’s where we come in. At BDO, our U.S. GAAP Consulting professionals provide a full range of accounting services, including:
  • Business combination and asset acquisitions
  • SEC-related rules and regulations
  • All aspects of ASC 805
  • Share-Based Compensation
  • Navigating grant-date determinations, terminations, and modifications
  • Complex financial instruments, including derivatives
  • Convertible debt and other redeemable instruments
  • Revenue recognition policies and disclosures
  • Lease accounting policies and disclosures
 
Meeting new standards and regulations, head-on.
Both U.S. GAAP and IFRS reporting standards continue to evolve every day. And while current expected credit losses, lease accounting, and revenue recognition changes may make the headlines, numerous other standards have been updated as well, each impacting balance sheets and financial reporting for current and prior reporting periods.

BDO offers comprehensive guidance on all aspects of new standards implementation. We help clients understand effects on reporting, disclosure requirements, whether or not changes to internal controls are needed, how to communicate with relevant parties, and how much time it will take to manage it all. Our professionals are deeply experienced in the nuances of regulatory language – in many cases participating in the writing itself as part of AICPA panels.