Accounting & Reporting Advisory (ARA)

New accounting standard adoption services

Assurance services which address risks and improve reporting capabilities, as well as adopt and maintain compliance with the new accounting requirements.

From assessing the business impact on operations and financial statements to changes in accounting policy, Deloitte can assist along the roadmap for your implementation.

Key support areas include:

• Financial instrument accounting assurance (IFRS 9/ASC 326)
• Lease accounting assurance (IFRS 16/ASC 842)
• Revenue recognition assurance (IFRS 15/ASC 606)
• Insurance accounting assurance (IFRS 17)

24/7 on-call accounting advisory services

Assurance services providing access to the depth and breadth of technical professionals to assist with addressing the complex US Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) accounting issues. Services are on an “on-call” basis, making them flexible and scalable, and include:

• Accounting events
• Strategic transactions
• New accounting standard implementation
• Financial reporting

IFRS, PSAS, ASPE, US GAAP reporting & compliance guidance

Assurance services that help businesses assess the impact on financial statements from adopting new reporting frameworks.

Key assistance areas include:

• Financial statement impact assessment
• Development of methodological framework for adoption of, or transition from, different reporting frameworks
• Implementation of information systems

Technical assurance, remediation, and compliance

Assurance services that assist with addressing complex accounting issues and includes services such as white paper development to support accounting policy changes, benchmarking of financial reporting against peer groups and opinions on accounting positions.

Technical accounting managed services & talent sourcing

Deloitte’s managed services and sourcing allows you to supplement short and long-term finance talent resources within accounting teams, with Deloitte acting as a third-party service provider for management.

Environmental, Social, and Governance Reporting Advisory

Deliver a more holistic view of corporate performance that goes beyond traditional financial reporting and unlocks the value of your sustainability initiatives.

• Navigate the impact of ESG factors on your financial and regulatory reporting
• Create and disseminate strategic stakeholder communications related to ESG
• Deliver assurance around ESG measures and disclosures