Assurance Services
Business challenges today are more complex than ever before. Shifting tides of government regulations, emerging industries and leapfrog technologies mean your business needs informed, responsive professional service advisors. SGC’s assurance practice offers a comprehensive range of services to assist you identify and address business challenges and opportunities.
SGC assurance services include:
International Financial Reporting
SGC understands the importance of staying up-to-date with national and international accounting practices. In a global economy, discerning accounting firms know the value in understanding financial reporting standards beyond their own countries. International Financial Reporting Standards (“IFRS”) are already recognized by many international bodies, including the European Union, Russia, India, South Africa and Australia. Recently, the SEC removed the requirement for foreign private issuers reporting under IFRS to reconcile their financial statements to U.S. GAAP. This impending development signifies an important shift in the acceptance of IFRS on a national and international level. SGC is embracing the opportunity to offer our clients access to top quality advice with respect to IFRS. We know this capability benefits our clients as they operate on a global scale. The ability to understand, interpret and advise on financial statements prepared in accordance with IFRS will provide a competitive advantage.
As a firm, we are increasingly presented with opportunities to provide services for subsidiaries of companies with foreign operations. We provide assistance with:
Accounting Advisory Services
Financial reporting in today's environment is more complex than ever and changing at an unprecedented pace. Many companies are finding it increasingly difficult, if not impossible, to keep up. In addition, regulations have severely limited the ability of companies' external auditors to assist them as they previously did in implementing and reporting on these complex matters.
In response to these issues, SGC can provide specialty accounting advisory services. You will benefit from our expertise in a variety of service areas, including:
• Assistance with the preparation of Financial Statements and Disclosures
• Assistance with the Implementation of New Accounting Standards
• Research and Review of Unique or Complex Issues
• Provision of Technical Training
• Assistance with Purchase Accounting
SGC assurance services include:
International Financial Reporting
SGC understands the importance of staying up-to-date with national and international accounting practices. In a global economy, discerning accounting firms know the value in understanding financial reporting standards beyond their own countries. International Financial Reporting Standards (“IFRS”) are already recognized by many international bodies, including the European Union, Russia, India, South Africa and Australia. Recently, the SEC removed the requirement for foreign private issuers reporting under IFRS to reconcile their financial statements to U.S. GAAP. This impending development signifies an important shift in the acceptance of IFRS on a national and international level. SGC is embracing the opportunity to offer our clients access to top quality advice with respect to IFRS. We know this capability benefits our clients as they operate on a global scale. The ability to understand, interpret and advise on financial statements prepared in accordance with IFRS will provide a competitive advantage.
As a firm, we are increasingly presented with opportunities to provide services for subsidiaries of companies with foreign operations. We provide assistance with:
- Repairing financial statements prepared in accordance with IFRS
- Consolidating foreign subsidiaries that have been prepared on IFRS for statutory audit purposes in the local jurisdiction
Accounting Advisory Services
Financial reporting in today's environment is more complex than ever and changing at an unprecedented pace. Many companies are finding it increasingly difficult, if not impossible, to keep up. In addition, regulations have severely limited the ability of companies' external auditors to assist them as they previously did in implementing and reporting on these complex matters.
In response to these issues, SGC can provide specialty accounting advisory services. You will benefit from our expertise in a variety of service areas, including:
• Assistance with the preparation of Financial Statements and Disclosures
• Assistance with the Implementation of New Accounting Standards
• Research and Review of Unique or Complex Issues
• Provision of Technical Training
• Assistance with Purchase Accounting