Solutions
Accounting & Reporting Advisory (ARA)
Enhancing confidence in the accounting decisions made by finance leaders—proactive, practical, and business-oriented insights
Regulatory, technological, and business complexities are driving finance and accounting teams to re-evaluate their accounting policies, processes, controls, and systems. Do organizations have an advisor they can trust to stay ahead of the game?
Accounting & Reporting Advisory services
Staying ahead of new financial reporting requirements can be difficult—particularly for companies that do not have in-house resources to address complex accounting and disclosure matters. The complex accounting decisions organizations make can have a profound impact on how they are evaluated by stakeholders and the financial stability of their organization.
To enhance confidence in the accounting decisions made by finance leaders, Deloitte provides a pragmatic, business-oriented approach that considers the holistic impact to stakeholders and the organization.
Click each tile below to learn more about our Accounting & Reporting Advisory services:
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.
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
Recommendations
Strategic Communications
Building and elevating trust through multi-audience narrative development and execution