Technical Accountant (ASC 606/842)
Drafts revenue and lease accounting memos for your controller and auditors
The Technical Accountant researches accounting questions under US GAAP — revenue recognition (ASC 606), leases (ASC 842), stock compensation and the like — and drafts position memos, contract reviews and supporting schedules.
The controller and CFO decide the accounting policy; your external auditor forms its own opinion. The role drafts and explains; it never signs, never attests and never issues an audit opinion.
AI drafts; a named person approves.
This seat is built and can be switched on for your business as a free evaluation. It is not for sale and has no price yet. Ask below; a person reviews every request and replies by email. Nothing is charged.
SARA is our AI assistant. Calls are recorded.
Morning: reviews three new customer contracts for performance obligations and variable consideration. Midday: updates the lease schedule for a new office. Afternoon: drafts an ASC 606 memo on a bundled deal for the controller. Quarterly: prepares technical memos auditors will request.
- ·Review contracts for revenue-recognition treatment
- ·Maintain lease schedules and right-of-use calculations
- ·Draft technical accounting position memos
- ·Track new accounting standards and their effective dates
- ·Prepare supporting schedules for auditors
- ●Non-standard contracts reviewed before booking
- ●Technical memos ready before quarter-end
- ●Auditor adjustments on technical areas
- ●New standards assessed before effective date
- · Venture-backed SaaS
- · Companies preparing for audit
- · Pre-IPO companies