Technical Accounting Consulting in Austin, Texas
Research, position memos, and journal entries for the transactions that do not fit neatly in the ledger, from a CPA based in Austin.
Growing companies run into complex accounting sooner than they expect: a customer contract with several deliverables, a new office lease, a first grant of stock options, a convertible note or SAFE, an acquisition. Each one comes with a specific standard and a judgment call, and auditors expect the reasoning in writing.
Bassetti Consulting researches the guidance, documents a position, builds the calculations and entries, and walks your auditors through the conclusion before year-end, while there is still time to adjust. The work is delivered by Rob Bassetti, CPA, a technical accounting consultant based in Austin.
Technical accounting can be a one-time project around a single transaction, or part of an ongoing fractional controller engagement.
How a technical accounting project runs
- Step 1
The facts
Contracts, agreements, and terms are reviewed with the people who negotiated them, so the analysis starts from what the deal actually says.
- Step 2
The position
The applicable guidance is researched and a memo documents the facts, the alternatives considered, and the conclusion.
- Step 3
The entries and the audit
Calculations and journal entries follow from the memo, and Rob reviews the position with your auditors before fieldwork.
Technical accounting in Austin: common questions
Who provides technical accounting consulting in Austin?
Bassetti Consulting, led by Rob Bassetti, CPA, provides technical accounting research, position memos, and implementation support to growing businesses in Austin and across the United States.
What does a technical accounting consultant do?
A technical accounting consultant applies accounting standards to complex transactions. The work produces a written position memo, the supporting calculations, and the journal entries, and it usually includes walking the company's auditors through the conclusion.
Does a startup need to follow ASC 606?
Any company that issues GAAP financial statements, including for an audit, applies ASC 606 to its customer contracts. For startups the questions usually come up with multi-year contracts, implementation or setup fees, usage-based pricing, or bundled services.
How are SAFEs and convertible notes accounted for?
It depends on the terms. The analysis covers whether the instrument is a liability or equity and whether any features must be accounted for separately, under ASC 480, 815, and 470. A short memo documents the conclusion for your auditors.
When should we involve a technical accountant?
Before the transaction closes, when possible. Structuring decisions often have accounting consequences that are cheap to address up front and expensive to unwind later. If the transaction has already happened, the next best time is before the audit.
Is Rob Bassetti a CPA?
Yes. Rob Bassetti is a Certified Public Accountant with more than 15 years of experience as a controller, covering the monthly close, financial reporting, FP&A, audit preparation, and technical accounting.
Ready to Strengthen Your Finance Function?
Whether it's a single project or ongoing, embedded support, Bassetti Consulting brings controller-level expertise directly to your team.