At Blue Abaco Consulting we understand how overwhelming it can be for management to stay up to date with all the new accounting standards. Plus, there are several complex standards that management only needs to dust off and use every once in a while when they enter into a new transaction. We stay up to date with the accounting standards so we can provide you with the support you need to efficiently apply the guidance to your transactions.

Our areas of focus include:

Complex transactions
Assistance with applying accounting standards such as:

  • ASC 815 Derivatives and Hedging
  • ASC 480 Distinguishing Liabilities from Equity
  • ASC 805 Business Combinations
  • ASC 718 Compensation- Stock Compensation

Revenue recognition
Helping companies assess and implement the new revenue recognition standard ASC 606 “Revenue From Contracts With Customers” including:

  • Contract review and assessment
  • Reporting impact of applying the new standard
  • Discussing available transition methods
  • Contract database development and maintenance

If you need help applying complex accounting standards to a transaction, or if you want to know how new accounting guidance may affect your business, please give us a call at (813) 336-3660 or Email Us.