Technical Accounting

Introduction:

As companies scale, questions shift from “How do I record this?” to “What is the right accounting treatment under US GAAP or IFRS, and will my auditors agree?” Our technical accounting service gives you senior-level judgment and documentation on complex issues, without having to hire a full-time Director of Technical Accounting. We specialize in practical, defensible answers that work in the real world of audits, board meetings and are compliant with US GAAP and IFRS.

What We Do

  1. Revenue Recognition (ASC 606 / IFRS 15)
  • Review contracts and identify performance obligations.
  • Assess variable consideration (rebates, discounts, bonuses, penalties).
  • Determine standalone selling prices and allocation methods.
  • Evaluate contract modifications, renewals, and terminations.
  • Design revenue recognition models for SaaS, usage-based pricing, and long-term projects.
  • Draft revenue recognition memos and policies that auditors can rely on.
  1. Lease Accounting (ASC 842)
  • Identify leases and embedded leases in service or supply contracts.
  • Classify leases, determine terms, and select discount rates (with your input).
  • Build right of use asset and lease liability schedules.
  • Handle remeasurements for lease modifications.
  • Draft lease accounting memos documenting key judgments.
  1. Business Combinations & Investments
  • Determine whether a transaction is an asset acquisition or a business combination.
  • Assist with purchase price allocation and identification of intangible assets (using external valuation as needed).
  • Prepare opening balance sheets and measurement period adjustments.
  • Support goodwill and intangible impairment testing.
  1. Policies, Manuals & One-Off Questions
  • Develop or refresh your accounting policy manual (revenue, capitalization, leases, FX, etc.).
  • Create short, practical guidance for non-finance teams (sales, legal, procurement) on how accounting rules affect contract terms.
  • Provide ad-hoc technical advice when new scenarios arise (new business models, new geographies, new product offerings).

Deliverables You Receive

Depending on the engagement, you can expect:

  • Formal technical accounting memos (In the same style and format such as KPMG would make etc.)
  • Accounting policy documents for recurring issues
  • Implementation guidance for your finance and operations teams

Everything is designed so your auditors and can see a clear, logical trail from the standard to the conclusion which we arrive at in our memo.

How We Work

  • You come to us with a transaction, contract, or issue. We assess the relevant guidance and request the information we need.
  • We walk you through our reasoning, then produce written support and models you can use with auditors and stakeholders.
  • You get a single point of contact plus a small dedicated team if required. Who will assist you and work remotely as part of the Finance / Accounting department.
  • Important to emphasize here is the direct point of contact and no red tape or layers in communication. Will ensure two hours of overlap time between the US and India thus you can communicate with your offshore team on a daily basis

Who This Is For

  • Companies preparing for their first audit or first audit with a new firm.
  • Venture-backed companies approaching a significant funding round, bank facility, or IPO path.
  • Lean finance teams that can’t afford weeks of disruption every time auditors show up.