Examples of accounting-related advisory service include:

• Determine how specific accounting standards apply to your organization
• Research accounting guidance for specific transactions
• Assess the impact of new accounting standards
• Examine your financial statement presentation and disclosures for compliance with U.S. GAAP and/or IFRS
• Consult on the conversion from U.S. GAAP to IFRS, or vice versa
• Supplement your accounting policy or engagement team’s technical accounting knowledge

Examples of training-related advisory services include:

• Assess your current training program and recommend areas for improvement
• Create measurable learning objectives
• Review the instructional design of your existing training and recommend ways to increase participant interaction and knowledge retention
• Improve your post-course assessments with appropriately written test items
• Assist with the initial application and ongoing compliance with NASBA requirements
• Support the awarding of continuing professional education (CPE) credits

It varies. Sometimes it is the new CFO or Controller starting in a new industry wanting some “one-on-one” training. Other times it is the accounting policy group or an engagement team that want “our take” on a complex transaction prior to getting their auditors or national office involved. That said, the majority of our advisory services clients either are existing clients or have a past relationship with us.

We charge $500 per hour based on actual time incurred. As best we can, we will try to give you a cost estimate prior to starting work.

Our deliverables vary depending on the engagement, but most of the time will include a comprehensive memorandum with references to the applicable standards.

No. We do not charge for our time incurred related travel and, as professionals, we don’t feel it is right to charge you for our prep time.