Benefits of an accounting adviser

Amid tightened budgets, constrained resources, evolving requirements, and a scarcity of talent, in-house accounting and reporting functions are being asked to be more strategic and add value. Here are eight possible benefits of an accounting adviser:

• An experienced perspective – Ae you facing challenges such as talent shortages, increasing responsibilities, and the need for insights to help inform your accounting conclusions in your finance team? How can accounting advisers with deep and diverse experience across industries help you to address these issues?
• Lead an open dialogue – Are you struggling with auditor engagement? How can having an open dialogue with an accounting adviser about transaction structures and their accounting implications help you to alleviate these issues?
• Translate the nuances of accounting guidance – Struggling to explain complex accounting guidance to non-finance leaders and preparing for Board or audit Committee presentations? What are the benefits of having an experienced accounting adviser assist with these tasks?
• Advocate for a chosen approach – Facing difficulties advocating for your approach in discussion with our independent auditor, especially on judgmental accounting issues where differing views might arise? Find out the benefits of having an accounting adviser assist in these scenarios.
• Examine alternative angles – What are the potential advantages of an accounting adviser’s insight into diverse accounting conclusions, particularly when a company’s resources limit exploration of optional strategies?
• Address thorny issues early – Dealing with last-minute complications due to late identification and resolution of complex accounting issues? How can accounting advisers help you to identify complex problems in advance?
• Improve internal controls – Struggling with improving internal controls, assessing the control environemnt, and controlling complex transactions? How can an accounting adviser help you address these issues?
• Improve audit readiness: Are you struggling with the demands of the financial statement and internal controls audit while maintaining your day job? Wondering how can an accounting adviser with an audit background help address these issues? Learn about the potential advantages they provide

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Our team of experienced professionals, world-recognized professionals in their field, and are involved in a wide range of engagements related to accounting services, economics and finance. We provide critical insight and expertise in legal and regulatory reporting to enable strategic decision-making by executive management teams.

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