Sunil Thukral's Profile

Sunil Thukral's
Title:
Technical Accounting/Reporting
Company:
Consultant
Business Listing:
U GAAP
Member Information
  • Member since 2009
  • 18 Questions
  • 0 Blog posts |
  • 70 Answers/Comments
  • 4 Resources
  • 0 Reviews
  • Following 2 People/Topics
  • 1 Follower
• Technical Accounting Research - U.S. GAAP / IFRS • Evaluating the new accounting standards including developing white/ position papers • External and SEC Reporting (Form 10K, 10Q) • Mergers and Acquisitions buy/sell side due diligence • SOX • Financial Management • Training for IFRS • IFRS Implementation /Conversion from U.S. GAAP • Process improvements. Please connect with me on LinkedIN: http://www.linkedin.com/in/sunilthukral

• U.S. GAAP Compliance – SEC Reporting and Disclosures (Form 10K, 10Q) • Drafting white papers (U.S. GAAP /IFRS) • Stock Compensation/ Complex Financial instruments/ Off-balance sheet / Impairments / Fair Value / Revenue Recognition (SOP 97-2, EITF 08-1, 09-3) • M&A Due Diligence/ Integration • Divestitures / Restructurings • Legal and Contract Negotiations • IFRS adoption / implementation • Internal controls / SOX Compliance • Financial Planning & Analysis / Budgeting, Cash flow forecasting

Education

University Degree Start Date (Year) End Date (Year) Activities and Societies
CA, CPA, CFA

Experience

Company Dates Title Job Description
Small / Mid-Sized/ F1000 companies
  		Technical Accounting and Reporting I have successfully obtained Big 4 audit approval for accounting of transactions ranging in size of $50K to $600MM for the following: - EPS (ASC 260/ FAS 128) - Investments and equity accounting (ASC 323/APB 18) - Segment Reporting (ASC 280/ FAS 131) - Impairment(Long-lived assets, Goodwill, Intangibles) (ASC 350/ FAS 142) - ARO (FAS 143) - Guarantees(ASC 460/ FIN 45) - Debt(ASC 470) - Debt/Equity(ASC 480/ FAS 150) • Financial Instruments/ Derivatives /Hedging/ Embedded (ASC 310, 320 / FAS 115, FAS 91); OTTI accounting - Fair Value (ASC 820 / FAS 157, FAS 159) - Hedge Documentation(ASC 815 / FAS 133) - Securitizations(ASC 860 / FAS 140) • Accounting for Revenue Recognition/ Multi-element deliverables (ASC 605 / SAB 104, EITF 00-21, EITF 01-8) - Stock Compensation(FAS 123R) • Business Combinations (FAS 141R) - Foreign exchange(ASC 830 / FAS 52). - Consolidation(FIN 46R, FAS 167) - Restructuring(ASC 420, ASC 712/ FAS 146) - Leases (ASC 840 / FAS 13)

Expert Information

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Expert's Bio
I am a hands-on Certified Public Accountant (CPA) and Chartered Financial Analyst (CFA) with over 15 years of experience in SEC Financial Reporting and Technical Accounting Advisory under U.S. GAAP and IFRS. My professional passion is: "Solving big, complex accounting problems that result in saving time and money for your organizations." I also help companies with their SEC reporting requirements, ensuring compliance with U.S. GAAP and IFRS, Implementing Accounting Controls and Improving Business Processes. INDUSTRY EXPERIENCE: Start-ups, Mid-sized / small companies, Fortune 500 companies. I have structured numerous transactions by applying a wide variety of complex accounting issues and successfully obtained Big 4 audit approvals. The process of structuring transactions involves me to understand and conduct a detailed review of all the legal agreements, understand the big picture, assess accounting and business impact, apply the accounting rules, drafting white papers, obtaining Big 4 approvals and helping companies to disclose these transactions. The process of effective structuring the transactions requires me to have an ability to influence at all levels of the management and business partners in the other functional areas (i.e. Legal , Compliance and Finance teams). JOIN the CONVERSATION........ U.S. GAAP: SEC Financial Reporting / External Reporting Issues: http://www.linkedin.com/groups/US-GAAP-SEC-Financial-Reporting-4176454?gid=4176454&trk=hb_