Financial Reporting & Technical Accounting

To ensure their compliance readiness, companies partner with SolomonEdwards for necessary insight, a tangible impact assessment to develop a compliance readiness roadmap for new accounting standards (whether revenue recognition or lease accounting), and an implementation plan. Our Technical Accounting team compares your current of accounting and revenue reporting methods with the underlying components of the revenue cycle – from contract to cash receipt – to the standard’s requirements. This evaluation process identifies potential areas of risk and applies necessary changes to achieve compliance.