Accounting Advisory Services

The firm focuses on technical accounting advisory rather than audit, tax, or wealth management. Its work typically includes helping companies implement complex U.S. GAAP standards such as the revenue recognition standard (ASC 606) and the lease accounting standard (ASC 842). It also provides support during M&A transactions, including due diligence, opening balance sheet preparation, and post-deal integration. Because it does not perform attest services, it can take a more consultative role on accounting treatments under SEC and FASB rules.

Public records do not indicate that Accounting Advisory Services, L.L.C. is registered with the SEC as an investment advisor or with FINRA as a broker-dealer. Its name and structure suggest a non-discretionary consulting model focused on corporate accounting matters. Without an executed search of the SEC's Investment Adviser Public Disclosure database, a definitive confirmation is not available, but existing public data points toward a pure advisory, non-investing mandate.

A traditional CPA firm typically performs attest engagements — such as financial statement audits and reviews — which require strict independence from the client's accounting decisions. Accounting Advisory Services, L.L.C. does not hold itself out as providing these attest services. This structure allows the firm to advise on accounting policy elections, prepare complex technical memorandums, and even assist with drafting financial statement disclosures without creating an independence conflict, making it more of an outsourced technical accounting department than an auditor.