Top Technical Accounting Consultants, Companies, & Consulting Firms
Technical accounting consultants are invaluable for their deep understanding of intricate accounting standards like GAAP (Generally Accepted Accounting Principles) and IFRS (International Financial Reporting Standards). They offer clarity and precision in navigating these complex frameworks, ensuring compliance and accuracy in financial reporting.
In this article, we’ll look at 10 of the best options out there when it comes to technical accounting consultants.
TL;DR Top 10 Technical Accounting Consultants, Companies, & Consulting Firms
Alpha Apex Group: Alpha Apex Group excels in enhancing financial clarity and operational efficiency through unmatched technical accounting consulting, specializing in GAAP, IFRS, and custom solutions for revenue recognition, lease accounting, financial instruments, and new standards implementation.
RSM Technical Accounting Consulting: RSM provides in-depth financial reporting and accounting advice across various industries, focusing on complex accounting solutions and strategic finance consulting for business growth and efficiency
Moss Adams Technical Accounting: Moss Adams offers expert technical accounting services to navigate financial reporting and risk management, specializing in business transactions and transformations for both public and private companies
Riveron: A business advisory firm that provides specialized accounting and finance services, leveraging expertise from former auditors and accounting executives for a deep understanding of complex issues without traditional audit service constraints
Aprio: A full-service advisory and accounting firm offering a broad range of services, including technical accounting consulting, with a focus on strategic transformations and providing skilled accounting resources for CFOs and controllers
Deloitte Technical Accounting and Reporting Advisory Services: Deloitte delivers comprehensive technical accounting and reporting services, assisting with complex accounting research and financial challenges, and focusing on agility and efficiency in dynamic business environments
Alpha Apex Group, Leaders in Technical Accounting Consulting.
Alpha Apex Group has established itself as a preeminent force in technical accounting consulting, offering unparalleled expertise to organizations grappling with the complexities of accounting standards, financial reporting, and compliance. Their team of seasoned professionals provides guidance on the application of GAAP, IFRS, and other accounting principles, ensuring that clients navigate the intricacies of financial reporting with accuracy and integrity. By offering tailored solutions that address specific accounting challenges, from revenue recognition to lease accounting and financial instruments, Alpha Apex Group enables businesses to enhance their financial transparency and operational efficiency.
Key Services:
Guidance on GAAP, IFRS, and other accounting standards
Revenue recognition and lease accounting advisory
Financial instruments and hedging strategies
Implementation support for new accounting standards
Internal controls and SOX compliance
Financial statement preparation and analysis
Why work with Alpha Apex Group:
Choosing Alpha Apex Group for technical accounting consulting means partnering with a team dedicated to upholding the highest standards of financial accuracy and regulatory compliance. Their approach not only ensures that financial statements reflect the true financial position and performance of the company but also strengthens the organization's credibility and stakeholder trust. Alpha Apex Group's commitment to excellence and their ability to deliver customized, strategic insights make them a vital ally for businesses aiming to navigate the ever-evolving landscape of accounting standards and financial reporting.
RSM offers specialized technical accounting consulting services, providing extensive financial reporting knowledge and unbiased financial advice for various business stages. Their team's expertise spans numerous industries, supported by robust company finance and deep technical knowledge.
Key Services
Accounting Standards Implementation
Capital Markets Services
Transformative Events Consulting
Accounting and Finance Optimization
Complex Accounting Solutions
Global Accounting Assistance
Strategic Finance Consulting
Why Work with RSM
RSM's in-depth financial reporting expertise and broad industry experience make them adept at navigating complex accounting and financial reporting challenges, providing valuable insights for business growth and efficiency.
Moss Adams provides technical accounting services to assist companies with complex business transactions and transformations. Their services are designed to help both public and private companies in various situations like mergers and acquisitions, divestitures, restatements, and adapting to new accounting standards.
Key Services
Consulting on New Accounting Guidance
Business Advisory for Executives and Audit Committees
Financial Statements and Audit Preparation
Support for Business Combinations
Evaluation of Equity and Liability Instruments
Assistance with Complex Accounting Issues
Why Work with Moss Adams
Their expertise in technical accounting ensures thorough navigation of financial reporting and risk management challenges, helping businesses capitalize on opportunities and avoid potential obstacles.
Riveron is a nationally recognized business advisory firm, primarily focusing on accounting, finance, technology, and operations. This firm stands out for its commitment to working closely with each client, treating their business with the same care and attention as their own.
Key Services
Business Combinations
Technical Accounting Matters
SEC Financial Reporting Solutions
Lease Accounting Services
Revenue Recognition
Current Expected Credit Losses
Bankruptcy Accounting
Accounting for Income Taxes
Why Work with Riveron
Riveron's unique approach involves a blend of expertise from former auditors and accounting executives, ensuring a deep understanding of specialized and complex accounting issues. They are not constrained by traditional independence rules, as they do not offer audit, review, or compilation services, allowing for a more engaged and flexible partnership with clients.
Aprio stands out as a full-service business advisory and accounting firm. It provides Technical Accounting Consulting (TAC) Services, offering deep expertise and additional bandwidth to execute and implement strategic transformations. CFOs, controllers, and accounting managers rely on Aprio for its results-oriented services, including highly skilled contract accounting and finance resources.
Key Services
Business Advisory: Blockchain Accounting & Tax, Business Valuation, Digital Transformation & Cybersecurity, ESG, Government Contracting Consulting, etc.
Assurance: Financial Assurance, Non-Financial Assurance, Information Assurance, Internal Audit Services
Tax: Business Tax, Individual & Family Tax, International Tax, State & Local Tax (SALT), Sales Tax Consulting and Compliance, Business Tax Credits & Incentives, R&D Tax Credits
Outsourcing: Outsourced Accounting, CFO Advisory Services, Payroll & HR.
Talent Solutions: Financial & Accounting Staffing, IT Staffing, Dental Staffing
COVID Relief Assistance: Employee Retention Credit Audit and Controversy Services, ERC Services, Provider Relief Fund
Why Work with Aprio
Aprio's diverse range of services, combined with its expertise across multiple industries, makes it a reliable choice for businesses seeking broad accounting and advisory solutions. Its international presence and multilingual team offer tailored support for a global client base, ensuring Aprio remains a top choice.
Deloitte offers a comprehensive range of Technical Accounting and Reporting Advisory Services, focusing on providing support for a variety of complex accounting and reporting challenges. These services are designed to assist CFOs, CAOs, controllers, and their teams, offering agility, dynamic response, and efficiency in the face of demanding business environments.
Key Services
Assisting with complex accounting research, including financial instruments, stock-based compensation, and business combinations
Drafting or reviewing accounting policies, technical memos, and financial statement disclosures
Conducting earnings per share calculations and providing guidance on accounting conversions (e.g., GAAP to IFRS)
Offering training on new or proposed accounting and reporting standards
Providing assistance with IPO execution and other capital raises, as well as supporting new public companies with financial reporting requirements
Why Work with Deloitte
The depth and breadth of Deloitte's knowledge in operational and technical accounting, governance, risk, controls, and controllership transformation are evident in their collection of services. These offerings are aimed at helping organizations prioritize their most pressing needs and identify strategic opportunities in today’s accounting and reporting environment.
7. Kranz Consulting
Kranz Consulting is a prominent accounting and financial solutions firm that specializes in supporting start-ups and venture capital companies. The firm, boasting nearly 30 years of experience, provides a comprehensive range of services tailored to the needs of high-growth businesses. Kranz Consulting prides itself on turning complex challenges into opportunities, helping businesses navigate growth and change effectively.
Key Services
Technical Accounting
CFO Advisory & Strategic Finance
Fractional Outsourced Accounting
Audit Preparation
Mergers & Acquisitions, IPO & SPAC
Digital Assets & Crypto Accounting
Shareholder Services
Human Resources & Legal
NetSuite & Technology Consulting
Why Work with Kranz Consulting
Kranz Consulting distinguishes itself by offering customized solutions built for each stage of a company's growth journey. The company's approach is client-centric, focusing on empowering teams with tailored, strategic support to navigate and adjust to business challenges.
8. EisnerAmper
EisnerAmper is a reputable firm specializing in accounting, audit, tax, and advisory services. The firm caters to a broad range of clients, including large enterprises, privately owned companies, and high-net-worth individuals. They are well-equipped to address near and far-term accounting issues.
Key Services
Bankruptcy & restructuring
Change management
Compensation resources
Corporate finance
Digital transformation
Grants management
Retirement plan administration & consulting
Wealth management
Why Work with EisnerAmper
EisnerAmper is able to deliver targeted value and custom-tailored solutions, leveraging its broad-based experience to meet the unique needs of its clients. The firm's global reach and commitment to quality services make it a reliable choice for tackling complex business challenges.
9. Plante Moran Technical Accounting Advisory
Plante Moran's Technical Accounting Advisory service stands out for its expert guidance through intricate accounting and finance challenges. Their team is adept at identifying and addressing gaps in financial reporting, compliance with accounting standards, and process improvements.
Key Services
Accounting standards implementation
Financial accounting transformation
Financial planning and analysis
Financial post-merger integration
Financial reporting and consolidations
Purchase accounting
Transitional assistance
Treasury and finance
Why Work with Plante Moran
Choosing Plante Moran for technical accounting advisory means gaining access to a team that combines deep technical expertise with a personal approach. They focus on understanding the unique challenges of each client and offer tailored solutions, ensuring not just business success but also personal satisfaction and growth.
10. Centri Consulting
Centri Consulting specializes in technical accounting, offering tailored services to businesses focusing on growth rather than the complexities of accounting standards. Their team of experts assists in creating technically sound position papers, suitable for regulatory agencies and auditors.
Key Services
Current Expected Credit Losses
Revenue Recognition Analysis
Lease Accounting Analysis
Business Combination Analysis
Purchase Price Allocations
Financial Instruments and Derivatives
Variable Interest Entities (VIEs)
Stock Compensation Matters
Segment Reporting Analysis
IFRS to U.S. GAAP Analysis
Discontinued Operations Analysis
Debt Extinguishment and Modifications
Tax advisory support
Why Work with Centri Consulting
Centri Consulting is adept at navigating complex accounting databases and U.S. GAAP, IFRS, and other generally accepted accounting principles. They focus on delivering thorough research and well-supported conclusions in their accounting position papers, ensuring stakeholders are well-informed about updated policies and their financial statement impacts. Their services are particularly beneficial for businesses prioritizing growth over in-depth accounting research.
11. Zeroed-In Consulting
Zeroed-In Consulting is a forward-thinking consulting firm specializing in technical accounting services. Their focus lies in solving complex accounting and finance issues with an approach that emphasizes agility, leveraging modern tools and technologies. They aim to create efficiencies across business functions, allowing leaders to concentrate on growth.
Key Services
Acquisition/Business Combination Accounting (ASC 805)
ASC 842 Implementation (Leases)
Revenue Recognition Review (ASC 606)
Complex Debt/Equity Accounting
Share-Based Compensation (ASC 718)
Why Work with Zeroed-In Consulting
Zeroed-In Consulting is distinguished for its expertise in navigating US GAAP complexities and providing solutions that align with current standards. Their team, equipped with significant public accounting experience, offers specialized services in technical accounting areas, ensuring compliance and readiness for financial reporting and audits.
Key Factors to Consider When Choosing a Technical Accounting Consultant
Let’s explore some of the key factors to keep in mind when choosing your next technical accounting consultant:
Expertise in Specific Accounting Standards: Look for consultants who are well-versed in the latest accounting standards relevant to your industry
Industry Experience: Select a firm that has a proven track record in your specific sector, understanding its unique challenges and opportunities
Quality of Client References: Prioritize consultants with strong testimonials from past clients, particularly those in similar industries or with similar needs
Customization of Services: Ensure the firm can tailor its services to your specific needs, rather than offering a one-size-fits-all solution
Regulatory Compliance Knowledge: The consultant should be up-to-date with the latest regulatory changes and compliance requirements
Communication and Reporting Skills: Effective communication and clear reporting are crucial for a successful partnership
What Technical Accounting Consultant Will You Choose?
Whether it's navigating evolving accounting standards, improving financial reporting, or ensuring regulatory compliance, the importance of selecting the right technical accounting consultant cannot be overstated.
Your choice will significantly impact your company's financial integrity and strategic decision-making. Remember that the best consultant will not just meet the technical requirements, but will also align with your company's culture and values over time.
