Accounting and Reporting Assurance Services for US Reporting Companies

We offer access to the depth and breadth of our technical professionals to assist with addressing the complex US Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) accounting issues. Services are provided on an “on-call” basis, making them flexible and scalable, and may cover accounting events, strategic transactions, standards implementation, and assurance and financial reporting.

Offerings include:

• Drafting and/or reviewing accounting position papers
• Training and advising on applying U.S. GAAP and IFRS (including new accounting standards)
• Performing accounting research
• Drafting financial statement disclosures

We can help you address risk and improve reporting capabilities related to major accounting events and business transactions.

Offerings include:

• Preparation of carve-out financial statements
• Bridging carve-out financial statements to “deal basis” financial information
• Project management office services
• Technical accounting advice where there is significant complexity and or diversity in practice
• SEC Corp Fin pre-filing submissions and waiver requests
• Preparation of registration statements
• Preparation of accounting white papers and related documentation

Deloitte is well equipped to assist companies with understanding, assessing, implementing and operationalizing complex accounting and reporting changes. These needs typically arise from shifting regulations, new accounting standards, changes to business structure, and/or capital market transactions. Deloitte can assist you in understanding what the applicable standards require, and how your company can respond. We will also assist you in planning, resourcing, and controlling the change process.

Offerings include:

• Advice on data-gathering and maintenance processes
• Evaluation of the standard’s potential impact on your company
• Development of accounting position papers, policies, and financial statement disclosures
• Industry- and sector-specific insights
• Implementation road map development
• Project management services, support, and advice

For privately held companies, going public could yield tangible, financial value. When considering an initial public offering (IPO), account for the impact on all areas of the company to create the competence, confidence, and performance to enhance the value of the IPO. We can call on our deep and diverse experience to tailor an approach that fits your specific needs in preparing for your IPO, regardless of the stage of your company’s readiness. We look forward to helping you map each step on the path to your IPO and beyond.

Deloitte can help you address risk and improve reporting capabilites through the following IPO execution offerings:

• IPO readiness assessments

• Form S-1 preparation

• Gap analysis and remediation

• Accounting policy development and documentation

• Activity prioritization

• Disclosure drafting

• IPO roadmap development

• Preparation of MD&A and pro-forma information

• Project planning

• Tax operating model or outsourcing
  

Securities and Exchange Commission (SEC) reporting and disclosure requirements can be complex and difficult for companies of all sizes. Deloitte provides services that are valuable for entities that are already filing with the SEC, as well as those that are contemplating an initial public offering (IPO). Our services help companies understand and comply with the disclosure requirements for an initial registration statement and ongoing reporting requirements.

Offerings include:

• Financial statement and footnote disclosure review
• Comment letter review and response (including drafting responses)
• Pre-filing submissions with the SEC’s Division of Corporation Finance on form and content matters or financial statement waiver requests
• Technical accounting advice where there is significant complexity and or diversity in practice
• Peer/industry benchmarking
• Drafting footnotes / footnote effectiveness assessment
• Non-GAAP measures, compliance review and assessment
  

Deloitte's XBRL data quality services are tailored to individual companies and designed to meet the needs of management and audit committees. Our flexible approach can scale up or down to meet your specific engagement needs and objectives. Our professionals offer extensive XBRL experience, are industry specialists, have experience advising registrants in all phases, and can help you as you seek to reduce the risk of filing errors and increase data accuracy. Improve transparency and operational efficiency through eXtensible Business Reporting Language (XBRL) services, including software vendor assessment, training, and data-quality review.

Assessing and implementing XBRL is a new process for most companies, we can assist clients with:

• Explaining to management the applicable XBRL statutory or other reporting requirements
• Analyzing and commenting on the client’s integration of XBRL into the current reporting processes
• Providing sample planning roadmaps outlining typical XBRL reporting processes
• Providing detailed data quality reviews to identify potential compliance issues in XBRL data files
• Delivering recommendations and process enhancements to reduce future compliance issues
• Providing advice to management as they implement, or engage a third party to implement, XBRL reporting
• Training resources on detailed technical XBRL reporting practices
• Benchmarking XBRL reporting and underlying disclosure data against peer