Questions about the application of generally accepted accounting principles to complex business transactions arise in many contexts: preparing financial statements, adopting a new accounting principle, responding to an SEC staff comment letter, defending prior conclusions in litigation or resolving disputes.
We explain our thinking in plain English. We also relate our positions to the economics of the transaction. While well-versed in the technical language of financial reporting, we take pride in our ability to state our views simply and concisely. Importantly, we tailor our communication style to ensure that our views are transparent regardless of the accounting knowledge of our client. Whether we are dealing with board members, chief executives, operating managers, analysts, accountants, regulators, or attorneys, our objective remains the same: to simplify the complex.
Our professionals have decades of experience dealing with tough issues. We can serve as a sounding board for your preliminary analysis, help identify the relevant issues and questions, assist in evaluating the appropriate accounting, comment on the documentation of your conclusions, and assess the quality of the company's proposed disclosures. Call on us to get our insight on the questions to ask and the alternatives to consider.
Complying with the requirements of GAAP is necessary but not sufficient for public companies. The professionals at FRA are well-versed in the SEC's rules and regulations related to financial information. Let our knowledge help you identify and address the SEC related aspects of a complex transaction.
The logic and clarity of an expert witness' position are critical to successfully resolving litigation. Whether you need a straightforward explanation of a specific accounting rule or an in-depth analysis of arguments to support or refute an accounting position, our objective remains the same: to simplify the complex.
With decades of experience in analyzing, defending and refuting the accounting for complex transactions, the seasoned professionals at FRA are well-equipped to prepare arguments for a mediated resolution or to serve as arbitrator. Speak to us about using our know-how to resolve a dispute involving a complex accounting transaction.