Technical Accounting

Navigating complexity, from transactions to shifting standards.

As your business responds to transformative change, you not only need business agility and insight, but also the practical expertise to address the financial and technical accounting implications of events.

RGP’s highly skilled technical consultants help you reach auditable accounting conclusions documented with authoritative guidance that enable you to stand up to auditor judgments within a framework that works for your organization. With 10–15 years of industry experience on average, including positions with top public accounting firms, our CPAs specialize in Technical Accounting. We’re here to serve as your advocate and support your response to external audits and SEC reporting.

How We Work

RGP not only brings the right solutions to every project, we bring the right people, with the right processes and system expertise to meet your needs and seamlessly integrate with your team. We offer a flexible methodology, tailored to your company, with scalable solutions ranging from strategic leadership through hands-on execution.

Collaborating to Bring Relevant Expertise

Often, the events or regulatory requirements driving the need for Technical Accounting involve cross-functional expertise and collaboration. We frequently partner with other RGP practice areas, including Transaction Advisory, Internal Audit and Compliance, and Project Management, as well as team members from your own organization or other consulting partners.

Accounting Support for Transactions
Significant transactions such as initial public offerings (IPOs), mergers and acquisitions, divestitures and restructuring trigger major overhauls in your operations and drive the need for specialized financial reporting. Our technical accounting experts support a variety of transaction requirements, including purchase accounting, financial due diligence and financial statement pro-forma preparation for carve-outs, spin-offs, exits or restructuring opportunities.

Public Readiness Assessment
If your business is preparing for an IPO (initial public offering) or SPAC (special purpose acquisition company) transaction, we can prepare the financial statement and registration, including S-1 documentation, equity compensation award design, internal controls architecture, and accounting policy development and support for external audit.

Equity Administration and Accounting
There’s more to administering equity compensation than just issuing awards and grants and tracking those awards on a spreadsheet. No matter how large your company, or whether it’s public or private, equity administration cuts across business areas and requires specialized knowledge.

Accounting Standards Implementations
In addition to constants such as GAAP and similar reporting standards, public and private companies alike must keep up with and comply with accounting rule changes, such as those for lease accounting and revenue recognition, as well as new rules for insurance companies and estimating credit losses.

  • Lease Accounting: The new standards (ASC 842, IFRS 16 and GASB 87) require organizations to recognize obligations for real estate, equipment and other leased assets on their balance sheets, a shift that has affected company accounting policies and procedures, information systems, debt covenants and financial ratios.
  • Revenue Recognition: The technically complex revenue recognition standards (ASC 606 and IFRS 15) are no longer industry-specific and significantly changes revenue recognition from previous GAAP.

RGP’s technical accounting experts have helped hundreds of companies prepare for adoption and implementation of these new accounting standards and rule changes under US GAAP, IFRS and GASB, as well as ongoing management and compliance. From roadmap planning and process design to change management, our team can help you throughout every step of the journey to compliance.

Success Stories

Employee Spotlights

Our people make it all happen. Learn more about our collaborative, talented and diverse team.