Financial Reporting - Accounting Standards, Solon, OH

Financial Analysis
Written By Geof Pelaia
Financial Reporting - Accounting Standards, Solon, OH.jpg

PB Advisors was asked to read and understand the latest accounting standards issued by the Financial Accounting Standards Board (FASB) and explain how it would affect this Solon, Ohio manufacturing company. 

Financial Reporting Requested By: Chief Financial Officer

Solution:

  • Read and understood the latest accounting pronouncements

  • Discussed the company, its reporting structure and key accounting policies in place with the Corporate Controller

  • Researched the impact the pronouncements were having on the industry and how similar companies were dealing with them

Results/Deliverables:

  • Issued a report that summarized the accounting pronouncements and their potential affect on the company

  • Detailed several scenarios related to the adoption of the pronouncements and created financial models to analyze the impact

  • Met with the CEO and CFO to discuss our final analysis and overall conclusion and recommendation

Location: Solon, OH - 44139

Please contact us today to discuss your Financial Analysis and Reporting: 
Patrick Brogan, President
CPA, CIA, CFE
PB Advisors
440.915.1180 

Geof Pelaia
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