Cash to GAAP Conversion
Cash-basis books converted to GAAP, with a team trained to keep them there.
Converts a client's books from cash-basis to accrual-basis (GAAP) accounting: reconstructing historical transactions, establishing accrual accounts, building supporting schedules (deferred revenue, prepaids, accrued liabilities), and training the accounting team on go-forward methodology. Typically triggered by a PE acquisition of a cash-basis business or audit preparation.
