Finance Practice

Audit Preparation

Turnkey US GAAP conversions, ASC technical accounting memos, and reconciled PBC workpaper binders for PCAOB and AICPA audits.

PCAOB & AICPA Audit Readiness

Audit Fieldwork Cycle Compression (Weeks to Sign-Off)

Empirical Mandate Exhibit

Deploying PBC workpaper binders and ASC technical memos prior to auditor arrival compresses fieldwork duration and eliminates scope-overrun billings.

The Transaction Challenge

Transitioning from unaudited, tax-basis, or review-level financials to a first-time PCAOB or AICPA multi-year audit is a monumental undertaking. When companies enter audit fieldwork with un-reconciled balance sheet accounts, undocumented revenue or lease policies, or incomplete Prepared-by-Client (PBC) schedules, audit timelines slip by months and professional fees spiral.

The DiedrichCo. Execution Methodology

Acting as your technical accounting quarterback while strictly respecting external auditor independence, DiedrichCo. prepares bulletproof audit binders prior to fieldwork. We execute cash-to-accrual and US GAAP conversions, author comprehensive technical accounting position papers across complex standards, compile Regulation S-X pro forma and carve-out financial statements, and manage day-to-day auditor inquiries through sign-off.

Technical & Regulatory Standards

PCAOB & AICPA Audit Readiness & PBC Workpaper Binders • Technical Memos (ASC 606 Revenue, ASC 842 Leases, ASC 805 Business Combinations, ASC 718 Stock Comp, ASC 326 CECL) • SEC Regulation S-X Rule 3-05 & Article 11 Pro Forma Financials.

Execution Scope

Key Deliverables & Advisory Focus

Senior Principal Accountability

Cash-to-Accrual & US GAAP Conversions

Engineered to institutional, audit-ready, and board-defensible standards.

Technical Accounting Memos (ASC 606, 842, 805)

Engineered to institutional, audit-ready, and board-defensible standards.

Complete Audit PBC Workpaper Binders

Engineered to institutional, audit-ready, and board-defensible standards.

Regulation S-X Pro Forma & Carve-Out Schedules

Engineered to institutional, audit-ready, and board-defensible standards.