The impacts of COVID-19 have catalyzed businesses to rethink current operations and unlock enterprise value by improving financial processes. The U.S. economy is projected to contract by nearly 6% in 2020 due to the coronavirus pandemic, twice the 2.9% contraction of the 2008 meltdown. Successful organizations thrive during economic downturns due to preparation and rapid […]
With the decision to divest a significant portion of their business, our client had to quickly review all balance sheet accounts to prepare for its eventual sale. As part of their assessment, they identified thousands of outstanding unprocessed intercompany transactions.
With a lack of internal resources that had technical accounting expertise, a pharmaceuticals client needed external assistance in creation of a technical accounting memorandum for external auditors. DayBlink was able to provide the necessary expertise and research to prepare the memorandum and defend our clients position with external auditors, we also prepared financial statement disclosures for all relevant transactions.