Assurance and Related Services
Assurance services that go beyond the expected
Our Assurance services do more than simply look at past events and performance to issue a report. We take a proactive approach, addressing the ecosystem of an organisation to provide value and insights.
How HongShine can help you
We can help you address complex accounting matters, transactional events, internal financial controls and an expansive range of topics that result from market disruptions. We continually adapt our service offerings to help your organization act with confidence as markets evolve.
For us, assurance is more than a reactive matter. We take a proactive approach, addressing the ecosystem of variables that decision-makers must consider—providing value and insight that brings greater clarity, inspires more confidence and unlocks opportunity that goes beyond the expected.
How it works
1
Send your request to us
By using the contact details listed on our website, your information and request will be sent directly to us.
2
Our team will contact you
Our Customer Success team will contact you within a few business hours.
3
Match with a Partner
4
Discovery meeting
See our range of Assurance and Related services
Feel confident in the state of your people, processes, infrastructure, and controls. We can work collaboratively to identify gaps, inaccuracies, and potential strategic opportunities for your organization’s Finance function.
Maintain a healthy control environment and a framework that can meet financial, operational, and legal requirements with the help of our specialists.
Accounting standards and financial reporting changes implementations
HongShine’s approach to implementing significant accounting or financial reporting changes includes the use of digital tools and accelerators to provide solutions across all aspects of implementation, including:
- Impact assessment and development of transition roadmap
- Data gap analysis and data validation support
- Accounting policies development and documentation
- Designing future state finance processes and target finance operating model
- Support with implementing digital solutions to manage the accounting or reporting change
- Support with change management, including communication, training and governance
Disruptive events and transactions related accounting solutions
Our deep accounting and financial reporting experience can help you successfully navigate the accounting issues arising from disruptive events and market transactions, such as restructuring, funding, divestments or disruptive M&A.
Our offerings include:
- Complex transaction or event related accounting services
- Climate change accounting and financial reporting advisory services
- Government Changes accounting and financial management support
- Accounting and reporting solutions across the lifecycle of disruptive events, such as:
- Accounting implications for structuring steps in M&A, demergers, carve-out or IPO
- Accounting impact of different transaction scenarios
- Accounting due diligence support
- Acquisition accounting
- Consolidation process support
- Harmonisation of accounting policies
Other finance function advisory services that HongShine can assist you in relation to disruptive events include:
- Finance function controls and compliance uplift
- Finance function integration; separation; exit or IPO readiness
- Run cost and project budgeting
- Finance operating model transition support
Infrastructure projects accounting solutions
- Investment in infrastructure provides one of the key opportunities to keep people employed, businesses afloat and to maintain the productive capacity of the economy. We can assist you to navigate the accounting complexities that arise across the lifecycle of infrastructure or capital projects, including:
- Accounting for procurement structures, such as leases, joint ventures, land swaps, public-private partnership (PPP)
- Accounting support for project funding, financing or re-financing, such as accounting impact of debt, equity or hybrid financing
- Accounting for asset utilisation or recycling, such as sale and leaseback, revenue securitisation, privatisation
- Accounting for service concession arrangements
- Accounting arising from precinct approach to infrastructure
- Accounting for capitalisation of project costs
- Accounting for project liabilities and contingent liability disclosures
On-call accounting services
We understand that accounting and financial reporting questions can arise at any time and require prompt attention. Our on-call accounting services provide you with access to support with accounting or financial reporting matters when you need it the most. The services are flexible and scalable as applicable to your circumstances, and include:
- Accounting analysis of transactions or accounting matters
- Supporting with drafting of accounting position papers
- Provision of accounting advice on specific transactions or accounting matters
- Facilitating workshops to discuss accounting issues
- Provision of accounting or financial reporting training
- Accounting function resource augmentation
- Supporting with conversion of financial reporting to various GAAPs
- Assisting with interoffice reporting package preparation or review