Engagement summary
Client Background
Encora Holdings is a global digital-engineering services company with operations across the U.S., Latin America, and Asia, serving software and technology customers.
Engagement Scope
R&M supports Encora with ASC 718 stock-option memo creation and option-database maintenance, internal-control analysis and design, foreign-currency functional-currency determinations for foreign subsidiaries, ASC 805 acquisition accounting, ASC 842 lease accounting, and financing-transaction analysis.
Services Provided
- ASC 718 stock option memo and database creation
- Internal control analysis and design
- ASC 830 functional currency determination — foreign subsidiaries
- ASC 805 acquisition accounting support
- ASC 842 lease accounting and adoption
- Financing transaction analysis under ASC 470