Integrated approach to core financial and accounting issues
Focus on the issues that matter
As the global economy begins to emerge from recent economic upheaval, several key changes are taking place across the business landscape. We see an increasing trend for regulators to focus on changing and updating financial and accounting standards to reflect a new business imperative, with the ultimate goal of eventually achieving a consistent global framework. At the same time, companies are becoming more active with acquisitions, divestitures, restructuring or other transformational initiatives.
We advise our clients on the implications of these financial and accounting changes, and provide them with guidance and potential solutions to best prepare for and implement those changes, And for those companies increasing M&A activity or undertaking financial transformations or similar projects, our knowledge of how these accounting changes will impact those decisions has proven extremely valuable. This intersection of accounting acumen and business advice is where Financial & Accounting Advisory Services (FAAS) can add true value to your organization.
Q3 financial reporting update webcast, September 17
Are you current with the latest developments affecting financial accounting and reporting? Register for our live quaterly Thought Center webcast where a panel of Ernst & Young professionals will review the highlights of this quarter’s technical accounting, tax and regulatory developments.
Business implications of changing revenue recognition standards
The Financial Accounting Advisory Services (FAAS) Group has released the premiere edition of a new thought leadership series, Practical matters for the c-suite. This first edition Revenue: Will your key metric change? discusses the converging revenue recognition standard, and highlights how the proposed changes to the US GAAP accounting standard will impact many organizational functions, including financial, tax, IT systems, and business processes.
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