Helping you to navigate the complexities of finance.
As wealth grows, so do the complexities that individuals face. Complex transactions not only offer remarkable opportunities but also require specialized expertise beyond basic accounting. Our team of seasoned professionals is equipped to assist you with the intricacies of financial reporting, risk management, and other challenging aspects of transaction-related accounting.
At RAMS, we provide comprehensive accounting resources to deliver thorough guidance and support in navigating the complexities of various accounting principles, standards, and regulations, including:
Financial Accounting Standards Board (FASB) Pronouncements: As the principal standard-setting body in the United States, FASB issues guidelines such as the Accounting Standards Codification (ASC) which cover complex topics like revenue recognition, lease accounting, and financial instruments.
International Financial Reporting Standards (IFRS): Issued by the International Accounting Standards Board (IASB), IFRS offers a framework for handling complex accounting issues globally and is widely adopted across many countries.
Publications from Professional Accounting Bodies: Organizations such as the American Institute of Certified Public Accountants (AICPA) and the Institute of Management Accountants (IMA) provide technical guides, research papers, and practice aids addressing complex issues in specific industries.
Accounting Software and Tools: We utilize advanced accounting software, including Enterprise Resource Planning (ERP) systems, to manage complex transactions, automate calculations, generate accurate financial reports, and ensure compliance with established standards.
Research Databases: Our access to databases like the Financial Accounting Research System (FARS) and Accounting Standards Premier allows us to tap into a vast collection of accounting literature, including academic research, regulatory guidance, and industry-specific resources.
