Technical Accounting

Tackling Accounting Challenges as Your Business Evolves

The Kranz & Associates Technical Accounting team offers a deep array of services. We roll up our sleeves and work with companies to assist with complex technical accounting matters, IPO preparation, accounting and reporting requirements resulting from M&A transactions as well as SEC reporting. Our service professionals have public accounting and industry experience with expertise across various industries in the public and private sectors.


Key service offerings are as follows:

Revenue Recognition

  • Assist management in the implementation or ongoing application of
    ASC 606 – Revenue from Contracts with Customers, and related policy documentation
  • Evaluate accounting treatment for unique revenue arrangements
  • Assist management to establish ongoing revenue reporting processes

M&A Transactions

  • Prepare technical position paper on purchase accounting and ensure appropriate accounting therein
  • Prepare Rule 3-05 financial statements if being acquired by an SEC registrant
  • Prepare carve-out financial statements
  • Assist management in its review of ASC 805 valuation reports

IPO Preparation

  • Assist with management of the IPO project and work with external auditors and others, as needed
  • Assist in drafting sections of the S-1 registration statements including dilution, capitalization,
    MD&A, financial information, footnotes, business section and risk section
  • Prepare quarterly financial information
  • Prepare EPS calculations and segment disclosures
  • Assist in drafting responses to SEC Comments, including cheap stock
  • Post IPO support (assistance with 10-K, 10-Q filing requirements)
  • Advise on SOX requirements and related management certifications

Accounting for Equity and Debt Financing Transactions

  • Evaluate debt, convertible debt, warrants, preferred stock and common stock for proper accounting,
    including identification and accounting for embedded derivatives
  • Evaluate debt refinancing events under debt modification/extinguishment rules
  • Prepare technical position memos on the classification of preferred stock

Share-Based Awards/Equity Matters

  • Draft technical position memos on matters such as modifications of awards, repricing events,
    non-employee awards and awards with performance and/or market conditions
  • Perform option expense calculations and prepare related disclosures
  • For private companies, assist with review of 409A valuation reports

Financial Statement Preparation

Audit Support

  • Provide leadership in the audit management process
  • Assist with audit preparation activities, including analysis and documentation support
  • Assist with preparation of technical memos
  • Interface with external auditors
  • Assist with resolution of accounting and audit issues


  • Lease accounting
  • Complex consolidation
  • Foreign exchange
  • Derivatives and hedge accounting
  • Impairment

For more information contact: admin@kranzassoc.com