Revenue recognition verification

Who this is for

Finance teams preparing statutory accounts, group packs, or investor reporting where revenue is material and contracts are not purely point-of-sale. Typical clients include trading houses, software and content licensors, logistics providers, and construction-related service groups with multi-year arrangements.

What you receive

• A scoped engagement letter defining the reporting period, entities, and contract populations in scope
• Walkthroughs of your revenue process with the people who own billing, contracts, and the general ledger
• Sample selection and detailed testing of performance obligations, transaction price allocation, and cut-off
• A written findings memorandum with recommended adjustments and disclosure points
• A closing discussion with your finance lead (and statutory auditors if you invite them)

What is not included

Statutory audit opinions, tax advice, valuation opinions, and restatement project management are outside this engagement. We verify recognition logic and evidence; we do not replace your appointed auditor.

How the work runs

1. Scoping — We review a contract inventory extract and sample agreements to size the population and fee.
2. Fieldwork — Testing against ledgers, invoices, delivery evidence, and amendment history.
3. Findings — Draft memo for your comments, then a final version timed to your close.

Preparation on your side usually includes access to signed contracts, billing schedules, and a knowledgeable process owner. Constraints we flag early: incomplete contract archives, revenue shared across many legal entities, and tight closing windows that limit sample size.

Fee and next step

Fees are quoted as a fixed amount after scoping, reflecting entity count, contract complexity, and whether fieldwork is on-site. Start with a scoping call or compare related work under Engagements.