Centri Case Study: Real Estate Expertise at The Right Time
Challenge
Shortly after the completion of a reporting period, a real estate entity that has public reporting requirements saw the resignation of its Chief Accounting Officer. This left a void in their accounting group for key roles in reviewing the company’s Form 10Q and other critical documents. The company needed support to produce quality financial information so they could continue to file timely.
Action
The public real estate company called on Centri to provide expertise in connection with accounting support services, with possible activities including but not limited to a review of the company’s Form 10-Q, the preparation of the relevant GAAP and SEC checklists, assistance with responding to comments from auditors and attorneys, a review of management’s preparation of technical accounting analysis or preparation of position papers for complex accounting topics, and a review of routine accounting transactions.
Resolution
Centri developed a defined project plan based on each of the activities requested and assembled a team of professionals with the right expertise in each area. Centri then provided efficient completion of each activity by the time the company needed to deliver to their auditors.
Results
Because Centri was able to quickly deploy resources with the appropriate background by activity, the public real estate company filed their Form 10Q timely with the same level of quality as if they had a key financial reporting role employed by the company.
Whether a real estate company is feeling some pinch points after a resignation within their accounting group or is looking for an additional layer of support, Centri strives to deliver the right level of real estate accounting and reporting expertise at the right time.
Managing Director | Real Estate Practice Leader | CPA
Michael is a Managing Director at Centri Business Consulting and the leader of the firm’s Real Estate Practice. He joined Centri in June 2022 and assists in practice development across the firm’s service lines. View Michael Mastruzzo's Full Bio
About Centri Business Consulting, LLC
Centri Business Consulting provides the highest quality advisory consulting services to its clients by being reliable and responsive to their needs. Centri provides companies with the expertise they need to meet their reporting demands. Centri specializes in financial reporting, internal controls, technical accounting research, valuation, mergers & acquisitions, and tax, CFO and HR advisory services for companies of various sizes and industries. From complex technical accounting transactions to monthly financial reporting, our professionals can offer any organization the specialized expertise and multilayered skillsets to ensure the project is completed timely and accurately.
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