With lean accounting and finance departments and an ever-changing accounting landscape, companies often struggle with the accounting and financial reporting requirements of non-recurring transactions. Such requirements can be complex and time-consuming, whether the matter is the result of a merger or acquisition, divestiture, initial public offering, significant new contract, or adoption of a newly issued accounting standard.

Our professionals’ large-firm and corporate experience, combined with a hands-on approach, uniquely positions Stout to deliver accounting expertise and horsepower around complex accounting and financial reporting topics. We offer a flexible and practical approach and can assist with projects large and small. Because we are not a CPA firm, Stout is not bound by independence restrictions.

Accounting for Complex Transactions

Whether providing informal feedback on complex contracts, or preparing accounting memoranda, journal entries, or financial statement disclosures, our professionals provide expertise across a wide range of technical accounting topics, including:

• Business combinations
• Complex equity and debt instruments
• Derivatives and hedging
• Stock-based compensation
• Impairments of goodwill, intangible assets, and fixed assets
• Consolidations and variable interest entities
• Carve-outs and divestitures
• Fresh start accounting

Public Company Readiness

Whether through an initial public offering, a SPAC transaction, or a direct listing, going public is a complex and resource-intensive process. Our professionals have deep experience in going and, perhaps more importantly, being public:

• Public company readiness assessment
• Project planning and management
• Technical accounting and accounting policy support
• SEC filing preparation and support, including with registration statements, Article 3-05 financial statements, and Article 11 pro forma financial statements

Adoption of New Accounting Standards

From gap assessments to project management, to full-service implementations, we support companies in adopting new accounting pronouncements, including:

• Revenue recognition (ASC 606)
• Lease accounting (ASC 842)
• Current expected credit losses (ASC 326)

Who We Work With

• Chief Financial Officers
• Chief Accounting Officers
• Controllers
• Managers/Directors of technical accounting and financial reporting
• Public and private companies
• Portfolio companies of private equity groups