GAAP / SEC Guidance

When you have a Securities and Exchange Commission (SEC) accounting problem or a Generally Accepted Accounting Principles (GAAP) issue that you are unsure how to handle, Hein’s Business Advisory professionals can help resolve it. We provide the objective review and knowledgeable recommendations you need to find the best accounting solution–and present it confidently to your external auditors.

It’s a major challenge for most companies to resolve the complex business issues associated with SEC compliance, issues such as:

  • Equity offerings
  • Stock-based compensations
  • Revenue recognition
  • Accounting for income taxes
  • Business combinations

Hein is a powerhouse in terms of SEC expertise. Our decades of experience working with diverse companies and navigating the intricacies of SEC rules and GAAP enable us to provide the expert guidance that’s so critical to your business.

Our professionals serve on boards and committees of the National Association of Corporate Directors (NACD) and Institute of Internal Auditors (IIA), as well as many industry specific associations. Our partners communicate regularly with public company policy makers, including the:

  • Financial Accounting Standards Advisory Council (FASAC)
  • Professional Practice Executive Committee (PPEC) of the Center for Audit Quality (CAQ)
  • Financial Accounting Standards Board (FASB)
  • SEC
  • Public Company Accounting Oversight Board (PCAOB)

This involvement on boards and committees in Washington D.C, combined with our expertise in audit, often allows us to learn what the regulators are thinking before the news is released. And, it adds to the level of competence we provide in guiding you. We tailor our services to your needs, assisting you either before or after you’ve prepared your financial statements, in two basic approaches:

  • Prevention—we work alongside your staff to perform the necessary research, determine the conclusions, and make final decisions on the application of rules before you create the financial statements.
  • Detection—we perform the research and provide an in-depth review of your financial statements after the initial draft has been created. This method provides for minimal interruptions to your staff.