Pavic Consulting LLC

Our Revenue Recognition services assist organizations throughout their ASC 606 journey, from initial contract review to ongoing revenue model optimization.

We assist our clients to –

• Evaluate customer contracts and identify performance obligations under ASC 606.
• Assess variable consideration, constraints, and principal vs. agent relationships.
• Document revenue recognition policies and prepare technical memos.
• Draft footnote disclosures and amortization schedules for multi-element arrangements.
• Test and validate revenue models for audit readiness.
• Provide recommendations to refine processes and address emerging complexities.

Why it matters: Accurate ASC 606 compliance avoids revenue misstatements and builds investor trust, enabling smoother funding rounds and sustainable growth.

Our Lease Accounting services assist organizations throughout their ASC 842 journey, from initial lease identification to ongoing balance sheet maintenance.

We assist our clients to –

• Identify and analyze lease arrangements, including embedded leases.
• Classify operating vs. finance leases and calculate right-of-use (ROU) assets and liabilities.
• Develop lease accounting policies and prepare monthly journal entries.
• Create amortization schedules and impairment assessments.
• Draft required disclosures and support external audits.
• Recommend process improvements to streamline lease management.

Why it matters: Proper ASC 842 handling prevents balance sheet distortions and audit delays, optimizing cash flow and compliance for asset-heavy operations.

Our Share-Based Payments services assist organizations throughout their ASC 718 journey, from initial equity award design to ongoing expense recognition.

We assist our clients to –

• Review stock options, RSUs, PSUs, and other equity agreements for compliance.
• Determine fair value, vesting conditions, and classification under ASC 718.
• Evaluate modifications, accelerations, and repricings for impact analysis.
• Prepare expense schedules, journal entries, and deferred tax calculations.
• Draft footnotes and provide audit support for equity compensation.
• Deliver training to finance teams on equity plan administration.

Why it matters: Compliant ASC 718 reporting attracts and retains talent through transparent equity plans, while minimizing tax risks during growth phases.

Our Business Combinations services assist organizations throughout their ASC 805 journey, from initial transaction evaluation to post-acquisition integration.

We assist our clients to –

• Assess the substance of acquisitions, mergers, or reorganizations.
• Identify assets acquired and liabilities assumed, including contingent considerations.
• Manage purchase price allocation (PPA) with valuation specialists.
• Prepare technical memos and goodwill impairment testing.
• Draft financial statement disclosures and support audit inquiries.
• Recommend strategies for seamless post-deal financial reporting.

Why it matters: Precise ASC 805 application maximizes M&A value and avoids integration pitfalls, supporting strategic expansion and investor confidence.

Our Financial Instruments services assist organizations throughout their ASC 480/815 journey, from initial classification to ongoing fair value measurement.

We assist our clients to –

• Analyze convertible debt, SAFE notes, preferred stock, and equity-linked instruments.
• Identify embedded derivatives and bifurcate hybrid securities.
• Evaluate debt restructurings, modifications, and extinguishments.
• Perform fair value assessments and prepare hedge accounting documentation.
• Draft disclosures and support external audits for complex financing.
• Provide recommendations to optimize capital structure and compliance.

Why it matters: Robust ASC 480/815 compliance reduces financing risks and audit issues, allowing efficient capital raising and focus on core business growth.

Our SOX Compliance Services assist organizations throughout their SOX journey, from initial readiness to ongoing compliance. We help clients:

• Evaluate current state of risk and controls with COSO Framework.

• Document process narratives, flowcharts, and Risk Control Matrix.

• Test design & operating effectiveness of existing controls.

• Provide recommendations to strengthen processes and controls.

• Develop remediation plans to address deficiencies.

• Deliver training programs for process and control owners.

Why It Matters: SOX-ready controls build investor trust and reduce audit risks—essential for scaling U.S. companies and international subsidiaries.