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Financial Accounting Advisory Services

So, how do we help today’s finance functions prepare for tomorrow’s challenges?

Understanding how business decisions affect your financial accounting and reporting is critical. Helping you to develop practical responses to how this impacts your people, your processes and controls and your systems is what allows you to confront changes with confidence.

Our teams can help you to:

  • Achieve best-in-class accounting and reporting

    Our Financial Accounting Advisory Services professionals advise leading organizations on technical accounting and financial reporting issues, including:

    • Complex issues arising from proposed new accounting guidance, including impacts on existing systems and processes
    • Enterprise-wide accounting policy frameworks and documentation
    • Streamlining financial processes and controls, including developing and/or integrating processes as part of finance transformations and ERP implementations
    • Accelerating GAAP, IFRS, and IPSAS conversions
    • Remediation of control accounts and material weaknesses
    • Accounting for financial derivatives and commodities contracts
    • Rationalizing statutory reporting processes
    • Developing tools for implementing new accounting standards and facilitating decision-making
  • Improve your accounting through IT and process enhancement

    Companies often struggle with effective management oversight, cost pressures and growing regulatory requirements. Many have difficulty monitoring all their methods and controls.
    Our Financial Accounting Advisory Services professionals can help companies to:

    • Assess, transform and reorganize your finance and control functions
    • Align accounting processes following new acquisitions
    • Improve the financial statement close process
    • Evaluate and redesign internal controls
    • Provide accounting support on consolidations
    • Assist with the accounting for tax-reporting
  • Meet regulatory, governance and financing-related needs

    The finance function often plays an extended role in a business, from managing volatility in commodity trading to overseeing foreign exchange exposure.
    Our Financial Accounting Advisory Services professionals can help companies to:

    • Address new regulatory requirements
    • Implement a corporate treasury function
    • Account for financial derivatives and commodities
    • Benchmark your corporate governance framework and audit committee oversight
    • Navigate your IPO or refinancing journey
    • Accounting for high-value mergers or acquisitions, and prospective carve-outs
    • Respond to corporate structuring
    • Structure complex domestic or international deals, and the related key accounting and financial reporting issues
  • Address other audit, attest and accounting impacts

    Management teams often receive recommendations on process and control improvements, and require external assistance to supplement a lack of resources or technical expertise.
    Our Financial Accounting Advisory Services professionals can help companies to:

    • Ensure financial and accounting processes are aligned with regulatory and governance requirements with our audit remediation services
    • Train their teams by providing training services for business professionals
    • Provide you with data analysis and data intelligence support

Want to talk further about improving your finance function? Contact us.

Contact us


EY - Ken Marshall Ken Marshall
Americas FAAS Leader
EY - Myles J. Corson Myles J. Corson
Americas FAAS Markets Leader


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