Services

Accounting and Reporting Services

From accounting advisory to reporting advisory services

It’s time to take the pain out of accounting and reporting—and start seeing the opportunities it presents. Our advisory services for accounting and reporting can help you face the challenges presented by evolving accounting standards and business models, disruptive technology transformation, and global economic trends. Explore how our knowledge, experience, and tools can turn your accounting and reporting from burden to benefit.


 

 

Accounting Advisory Services

Keeping up with accounting standards. Designing accounting policy. Planning and solving for complex accounting issues. With so much on your accounting team’s plate, going it alone can be a risky approach. Deloitte’s accounting advisory offerings can help you navigate some of accounting’s most complex challenges. 

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Accounting standards implementation

Keeping current with changing financial accounting standards and new financial reporting requirements can be a heavy lift. Last-minute scrambling to meet them takes valuable time and effort away from your business’s growth drivers. Explore how we can help you responsibly plan for and implement major financial accounting standard updates.

. Leasing accounting standard

. Current expected credit loss standard (CECL)

. Revenue recognition accounting standard

. Hedge accounting standard

. Cloud computing accounting standard

. Dive deeper

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Accounting policy and process design

Efficient and effective accounting is grounded in thoughtful polices and processes. We can help your organization develop them. Did you recently go through an acquisition? We can help reconcile and align your policies post-merger. In need of accounting policy benchmarking and refresh, or business process rationalization and enhancements? We can help with those, too.

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Financial remediation and restatement

Planning for, responding to, and remediating complex accounting and reporting matters can be less daunting with experienced professionals by your side. Instead of engaging multiple service providers, let Deloitte help you plan for how to address challenges like restatements, investigations, and material weaknesses. Our knowledge and experience allow us to tailor our offerings to your needs in a broad range of areas:

. Accounting and reporting

. Internal controls

. Crisis management

Gain more knowledge about mitigating risk of remediation and restatement and responding to financial reporting issues with purpose

     

    Audit Readiness Services

    A positive financial statement audit experience is the product of preparation. Companies preparing for their first audit can struggle to grasp all that’s required. Put our financial statement audit experience to work for you. We’ll bring a holistic approach, employing leading practices and tools and an emphasis on flexibility and scalability. You’ll get up-front analysis and planning that increases the likelihood of a smooth audit.

    Start preparing >


    Technical Accounting and Reporting Advisory Services

    Technical accounting is more complex and challenging than ever. Deloitte provides the advisory services to help you confidently meet the challenge in an ever-changing financial reporting environment. Our technical accounting and reporting advisory services professionals put their deep technical and industry experience to work as they strive to assist with your company’s accounting and reporting capabilities. Address timely issues including impairment assessments for goodwill, intangibles, and long-lived assets; assessments of your ability to continue as a going concern; classification of share-based payment awards; accounting for convertible debt instruments; and much more. We can help make your approach whole through:

    • Access to an experienced and dedicated team dedicated to addressing your needs
    • Research, guidance, and training on things like new accounting standards, complex transactions, and disclosure requirements
    • Audit support and preparation, including draft accounting position papers, embedded derivative analyses, and consolidation analyses

    Explore our services >


    Cosource services

    Challenged with attracting and retaining skilled talent to manage the growing complexity and volume of accounting and reporting tasks?

    Deloitte’s cosource teams provide strategic insights, assisting clients in navigating challenges and seizing opportunities, while offering technical accounting and financial reporting support on a recurring, pre-established, and consistent basis—tailored to a client’s unique needs.

    Explore our services > 

    Reporting Advisory Services

    Today’s accounting departments are required to meet a multitude of reporting requirements for covenant compliance, Securities and Exchange Commission (SEC) compliance, and international reporting. Deloitte’s accounting and reporting advisory services has a suite of financial reporting offerings that can make your reporting a more efficient operation.

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    Statutory reporting
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    GAAP conversions

    Companies often don’t have the necessary resources or internal capabilities to perform conversions between US GAAP and non-US GAAP accounting standards. We can help assess, convert, and sustain conversions to and from US GAAP standards, International Financial Reporting Standards (IFRS), and other non-US GAAP measures. With the support of experienced and knowledgeable Deloitte professionals, you can realize the value of efficient conversions.

    Get an overview of the most significant differences between U.S. GAAP and IFRS® Standards. Read our 2021 roadmap edition of Comparing IFRS Standards and U.S. GAAP: Bridging the Differences.

      Managed services and technology

      Our accounting and reporting advisory services also includes managed services and technology that can enable you to more effectively address your needs.

      Derivatives and Hedging Advisory Services (DHAS) assist you with managing your interest rate, foreign currency, and commodity risks.

      Lease Abstraction Center of Excellence offers a quality-focused, yet cost-efficient approach to performing abstraction of lease data required under the lease standards.

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      Operations transformation for tax
      Redefine your tax operating model

      Learn how to transform your tax operating model to address tax management challenges and position your team—and your business—for the future.

      Contact us to learn more about our services

       
       
       
       
       
       
       
       
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      Sean Torr

      Sean Torr

      Managing Director | Deloitte & Touche LLP

      Sean is a Risk & Financial Advisory managing director and the Accounting & Reporting Market Offering leader in Deloitte & Touche LLP. He is a CPA with more than 25 years of experience assisting large,... More

      Jamie Davis

      Jamie Davis

      Partner – Audit & Assurance | Deloitte & Touche LLP

      Jamie currently is a clearing partner in Deloitte's National Office Accounting and Reporting Services group, where she consults with engagement teams on complex accounting matters, focusing on financi... More

      The services described herein are illustrative in nature and are intended to demonstrate our experience and capabilities in these areas; however, due to independence restrictions that may apply to audit clients (including affiliates) of Deloitte & Touche LLP, we may be unable to provide certain services based on individual facts and circumstances.