Technical Accounting

Technical expertise to enable more opportunities

When you need technical accounting expertise for complex transactions or assistance in implementing the latest US GAAP standards, BerryDunn’s technical accounting team has specialized industry experience and rigorous quality control standards to help you move forward with confidence.

Whether you’re preparing for a merger or acquisition, seeking improved inventory accounting, or implementing the latest accounting standards, our experts will advise you throughout the process, including reporting for financial statements. We partner with you to understand your needs, research the most effective treatments, prepare recommendations, and successfully implement changes.

Services

From implementing the latest accounting standards to technical and specialized accounting for your most complex business transactions, our team of experienced accountants is here to guide you.

Accounting standards implementation

Complex accounting

Specialized accounting

Accounting standards implementation

Keeping up with ever-changing accounting standards is a challenge for every organization. We work as your partners, providing the industry-specific guidance and resources you need to avoid risks and take advantage of opportunities.

Lease accounting

We help you accurately identify and recognize leases for financial reporting and stay compliant with ASC 842 Leases.

Revenue recognition

We know the ins and outs of new revenue recognition standards, including ASC 606 and Subtopic 340-40.

CECL consulting

Our team of dedicated CECL experts works with you to produce a robust program that sets you up for success.

Governmental accounting

We stay apprised of GASB standard updates and work with clients to plan, implement, and monitor necessary changes.

Complex accounting

With the complexities of business combinations, equity instruments, and asset acquisitions, you need specialized expertise to ensure accuracy, compliance, and efficiency. Our experienced consultants support your most complex needs with industry knowledge and focused attention, helping you understand the full impact on your financials.

Accounting for income taxes

Our tax experts help you manage risk and stay compliant with accounting for income taxes under US GAAP or IFRS.

Equity instruments

We help you accurately account for stock options, restricted stock awards, warrants, and stock appreciation rights under GAAP.

Business combination accounting

If you’re considering an acquisition or a sale, our experts can advise on the complexities involved in business combinations.

Governmental accounting

We work with you to address complex accounting issues and maintain a state of perpetual readiness.

Asset acquisitions

We can help you determine asset acquisitions from business acquisitions and what is required in each situation.

ESOP accounting

We provide initial and subsequent year ESOP accounting and can help you understand the impact to the equity section of your financial statement from the beginning.

Specialized accounting

Our industry-focused teams work collaboratively to provide tailored services to meet your specific needs. Our manufacturing and construction experts work exclusively with clients in those industries and can advise you on the best solutions for your organization.

Inventory costing

We help you identify and implement the most effective inventory model for your operations—FIFO, LIFO, standard cost, or actual cost.

Construction accounting

Our construction team can help you navigate the specific nuances of accounting for construction companies.

Governmental accounting

We help ensure records are clear, regulations are scrupulously followed, and operations are compliant.

Benefits of technical accounting with BerryDunn

Deep industry experience

Our diverse team has a wide array of industry expertise from construction, manufacturing, renewable energy, technology, and others.

Collaborative

Every client’s experience is unique, and we tailor our services, and our team, based on what’s best for you, drawing from talent across our firm.

Partnership

We partner with you to make each interaction easy, productive, and efficient.

Technical expertise

Our team has the depth and breadth of technical expertise to tackle your complex business needs.

What to expect at BerryDunn

BerryDunn’s technical accounting team works closely with key stakeholders to help ensure records are clear, regulations are scrupulously followed, and operations are compliant. We work with your team to address complex accounting issues, implement new accounting pronouncements, and maintain a state of perpetual readiness for whatever comes next.

About us