ForensisGroup Revenue Recognition Expert Witnesses work with this generally accepted accounting principle (GAAP) that determines the specific conditions in which revenue is recognized or for which it is accounted. Revenue generally is recognized only when a critical event has occurred, and the amount of revenue is measurable.
They have held positions where timely and accurate revenue accounting and reporting is required for large and small companies where they have been in charge of the revenue recognition process for multiple revenue streams, ensuring revenue and related commissions are recognized in accordance with relevant accounting standards and accounting policies.
They perform regular revenue recognition, billing, and period end closing responsibilities. These include tasks such as month-end close responsibilities (G/L account reconciliations, variance analysis, and reporting; month-end billing and invoice generation (electronic invoicing to vendor systems); and maintaining control standards on manual and one-time special invoicing events through documentation and loading into the financial software.
Our Revenue Recognition Expert Witnesses have in-depth knowledge and working experience with ASC 605/606 and its application to SaaS or software.
Many are CPAs with Big 4 experience. They have held positions such as Director of Revenue, Lead Revenue Auditor, Finance Director, and Financial Revenue Recognition Analyst in Controller Departments.
For more than 20 years, ForensisGroup has worked at locating the most credible of experts, no matter what the field. Call us today to learn more, and we’ll get started on matching you with one of the nation’s most reputable Revenue Recognition experts for your case.
