Defensible positions for complex transactions
Complex fact patterns require defensible documentation — not just an opinion, but a memo your auditors can rely on. We deliver audit-ready technical accounting memos backed by Big 4 partner experience and accelerated by vLogic, the AI engine we built for technical accounting work.
A different approach to technical research
Traditional accounting firms bill hourly for junior staff to read through 100-page enterprise contracts and manually search FASB libraries. It takes weeks, and the resulting draft still requires heavy partner revision. We approach this differently.
The vLogic advantage
We ingest your contracts through vLogic, the AI platform we built for accounting workflows. It instantly maps contract clauses to relevant ASC guidance, providing paragraph-level citations and standardizing the baseline analysis. What used to take days of manual reading is completed in minutes.
Partner-level judgment
Automation handles the mechanical data extraction, but accounting is ultimately about judgment. A former Big 4 audit partner evaluates the gray areas, finalizes the conclusions, and ensures the documentation meets the exact standards expected by your external auditors.
Where we focus
Revenue Recognition (ASC 606)
We specialize in complex revenue arrangements. We combine the power of vLogic and our technical expertise to analyze and document the nature, amount, and timing of revenue from contracts with customers. The final memo will clearly document the core principles of ASC 606 by applying the following steps: a) identifying the contract with a customer, b) identifying the performance obligations, c) determining the transaction price, d) allocating the transaction price to the performance obligations, and e) recognizing revenue as each performance obligation is satisfied.
Business Combinations (ASC 805)
When you close an M&A transaction, the accounting work is just beginning. We draft the technical analysis for purchase price allocations, intangible asset identification, and the treatment of complex consideration like earn-outs and holdbacks.
Stock-Based Compensation (ASC 718)
Standard option grants are straightforward, but modifications, repricings, secondary sales, and performance-based awards trigger intense auditor scrutiny. We document these events to ensure your equity accounting remains airtight.
Leases (ASC 842)
Beyond basic real estate leases, we handle complex embedded lease analyses for service contracts, build-to-suit arrangements, and lease modifications to ensure your balance sheet reflects the correct ROU assets and liabilities.
Derivatives and Hedging (ASC 815)
Hedge designation, effectiveness testing, and embedded derivative analyses are technical areas where most companies need outside expertise. We document the rationale and accounting treatment to a standard your auditors expect.
Emerging issues
Some fact patterns don't fit neatly into existing standards — novel financial instruments, digital assets, hybrid arrangements, or new business models. We work through the analogous guidance and document a defensible position you can stand behind.
Comprehensive US GAAP coverage
While the areas above represent some of our most frequent requests, our expertise spans the entire Accounting Standards Codification (ASC). From complex debt and equity transactions (ASC 470 / 480) and consolidation assessments (ASC 810) to internal-use software capitalization (ASC 350-40) and impairment analyses, we deliver rigorous, audit-ready documentation for any US GAAP requirement your business encounters.
What's included
We don't just hand over a theoretical memo and walk away. A standard technical accounting engagement with Martin Lee Advisory includes the full lifecycle of solving the problem.
- 1
Audit-ready memo
A comprehensive document featuring an executive summary, transaction background, standardized analysis workflow, and paragraph-level FASB guidance citations to support every conclusion.
- 2
Operational follow-up
Technical answers only matter if you can execute them. We provide the specific journal entry mappings and operational guidance your internal team needs to correctly book the transaction in your ERP.
- 3
Auditor defense
We speak the auditors' language. When questions come up during the audit, we're available to walk your external audit team through the memo and defend the positions taken.
Enterprise-grade Confidentiality
Your sensitive contracts are processed securely. Our infrastructure uses encrypted enterprise API endpoints, keeps client data isolated, and explicitly prohibits your data from being used to train foundational AI models. We execute mutual NDAs prior to reviewing any documentation.