Financial reporting packages are complex – to say the least – for publicly listed companies. As accounting standards become more multifaceted, public companies are challenged now more than ever to meet rigorous compliance standards.
To ensure financial reporting readiness, our subject matter expertise and knowledge on the most recent accounting standard updates is at your disposal.
Staying on top of the latest requirements in financial reporting is only half the expertise-equation we provide. Another, equally crucial part is ensuring that you are always kept informed and updated as changes in reporting occur. Transparency + communication = the foundation of our operations.
Our signature approach includes assessing your current situation, providing a diagnostic and preparing you for the future. We can intervene on time-sensitive issues, or ensure projects are managed from beginning to end. Our team members specialize in the accounting standards (ASPE, IFRS, US GAAP), financial reporting and continuous disclosure requirements under securities regulations (AMF, SEC) needed to help your business stay compliant, and can assist with managing relationships with regulators.
Lease accounting: practical implementation
Given the nature and complexity of such requirements, organizations will need between 12 and 24 months to comply with these standards, requiring substantial time and effort. Our robust and comprehensive implementation solution guides your organization through the transition.
Optimization of the financial close: finding the balance between costs, time and quality
Organizations that struggle to finish their financial close on time are more likely to commit serious errors. They don’t have time to address the entity-level controls and advanced analysis that could help management understand risks and make better decisions. We customize a roadmap to optimize your organization’s specific financial close process.
Preparing to go public: towards a compliant, efficient and effective future state
Publicly listing your company’s shares adds additional complexities to the preparation of your financial reporting package. We partner with your legal counsel and underwriters to guide your company through this rigorous process. We assess your current situation, provide a diagnostic, and get you ready for the future.
- Monitor and assist you in implementation of new accounting standards
- Analyze the accounting treatments of complex transactions
- Technical support when converting financial statements to another basis of accounting and assistance in project management
- Assist in accounting manual writing
- Prepare training material and facilitate training sessions
- Assist with the structure and content of financial records (financial statements, MD&A, annual report)
- Prepare financial records
- Optimize the financial close process
- Offer translation services
- Help prepare accounting arguments
- Produce an accounting expert report for the courts
Meet our expertsThe people behind the expertise.
Lyne GaulinCPA, CA, CPA (Illinois), LL. B.
Audrey MercierCPA auditor, CA, CFE, CFF, CBV
Marie-Claude FrigonCPA, CA
Massimo CecereCPA, CA, CRMA
Yves NadeauCPA auditor, CA, CRMA, CFE
Food for thoughtWhat’s in the news & what you need to know.
Survey Of Bank Forecasts – September 2019.
With Canada being affected by good and bad economic winds, and possible ugly geopolitical events, the dispersion of forecasts has increased markedly. This understandably demonstrates a lack of consensus by the surveyed banks and reflects the uncertainty in global economic conditions. The good; robust domestic growth buoys Loonie amidst tough commodity sector and trade protectionism […]Click to read more.
Culture Corner: Speaking out and listening – two parts of the same equation.
Each month, we interview a Richter partner to gain insight into how our leadership finds balance and focus in a demanding job, and what non-technical skills contribute to career success. Speaking out in the workplace is not the easiest of things. Whether you are a new employee, you just got your first full-time job, or […]Click to read more.
Survey Of Bank Forecasts – August 2019.
Canadian economy holds strong; USD tested by trade policies The weeks since our July publication have been eventful. The most notable development that exerted downward pressures on the global economy is the tit-for-tat escalation in the U.S.-China trade conflict. This came on the same day as Federal Reserve (“Fed”) Chair Jerome Powell delivered his speech […]Click to read more.
A holistic approachfocused on you
Whether for business or personal; with one challenge or our full suite of services, Richter’s approach is always strategic, insightful and all-encompassing. Guided by our values and rooted in trust, we’ve helped clients thrive for over 90 years.