Consulting

AC Sondhi & Associates provides consulting services to preparers and users of financial information. We have extensive expertise to advise both public and private companies on the interpretation, application and implementation of US Accounting or GAAP and International Accounting Standards (IFRS).

Financial Reporting Services (recognition, measurement, disclosure and presentation) include helping public and private companies on the application of existing and newly reporting standards, resolving conflicts with external auditors, developing responses to SEC Comment Letters, and assistance with implementation of new software solutions.

With the recent adoption of new reporting standards, we have provided consultation services to the manufacturing, software and technology companies on the implementation on ASC606, Revenue, ASC 842, Leases and ASU 2018-5, Customer’s Accounting for Implementation Costs in Cloud Computing Arrangements.