Sarah is an Associate Director in our Seattle office. She has more than 14 years of combined external audit and consulting experience. Prior to joining Protiviti, Sarah worked for a New York accounting firm, where she planned, supervised, and executed financial statement audits of both private companies and SEC registrants.
Finance Transformation (606 Revenue & 842 Leases): Performed Gap Analysis between current state and the requirements under the new revenue standards. Developed recommendations to transform organization infrastructure. Prepared position papers to document new accounting methodology and underlying assumptions. Developed abstract templates to capture data elements needed to determine financial statement impacts and disclosure requirements. Designed process and controls to properly capture data and report under the new standards.
Restatement: Designed a systematic approach for the restatement of revenue for software and multiple element arrangements. Created a model to calculate the future effects of the restatement. Created and maintained a dashboard to track the restatement project progress as well as the impact of the restatement on financial results. Acted as the PMO and regularly presented status updates to senior management.
Financial Close & Financial Reporting: Developed reconciliation and other audit support templates and standardized process to create efficiencies and reduce audit issues. Provided training to accounting staff to implement the new templates and process. Coordinated financial close and financial reporting activities. Drafted forms 10-Q and 10-K including financial statements and required disclosures. Assisted in preparing annual budgets and variance commentary for financial results.
Accounting Policy & Positions: Reviewed client business to identify critical and significant accounting policies. Drafted and reviewed critical accounting policy documentation. Researched technical accounting issues and drafted accounting position papers.
Public Company Transition Assessment: Conducted interviews and reviewed client documentation to compare current state accounting and financial reporting capabilities to those required of a public company. Prepared a project plan for enhancing accounting and financial reporting capabilities.
Process Assessment and Documentation: Conducted walkthroughs and prepared detailed process maps/narratives to document current state process. Identified risks and existing controls and prepared risk and control matrices to document. Developed test scripts for identified controls. Processes have included accounting and financial reporting operations, Federal Reserve comprehensive capital analysis and review, and business combinations.
Internal Audit Support: Provided technical accounting oversight for internal audit engagements to assist with scoping, program development, and audit results review for areas including internally developed software and revenue recognition.
Accounting & Finance Consultation: Provided consultative services on technical accounting matters and accounting/finance best practices in areas such as revenue recognition, lease accounting, internal-use software, stock-based compensation, debt, and FP&A.