The stakes:
US GAAP standards are important on two accounts:
· On one hand, as the USA represent such a significant player in the international economy, USA standards are widely implemented: by American subsidiaries, operating world-wide, as well as non American firms aiming to access the leading world-wide financial market: Wall Street.
· On the other hand, the standards are subject to thorough and detailed research and are based on a found conceptual framework, often providing inspiration to other Standard Setting bodies, including the IASB.
For the above two reasons, knowledge of the US GAAP is essential.
CBM services:
· To mobilise and prepare the company to the challenges resulting from the financial harmonisation changes.
· To advise and assist in the realisation of the transitional project.
· Diagnostic: identification, evaluation, and resolution of technical issues on all aspects of Financial Reporting: evaluation, presentation, disclosure.
· Personalised follow up and coaching of the key players.
· To train and develop relevant competencies
· Identifying the firm's needs and designing a plan of action to be implemented.
· Identifying and designing the tools required to implementing the changes.
· Prepare and run workshops and training courses.
CBM will guide you through all the steps of your project to implement US GAAP.