Schneider Electric

An IFRS 15 specialist for complex long-term contract reporting

The finance team needed specialist IFRS 15 expertise to support revenue recognition across complex long-term projects. Internal capacity was stretched during a critical reporting period, and the business needed technical accounting support immediately.

Industry

Energy and Automation

Author

Marcus Barnes

Managing Partner

What We Found

Revenue recognition relied on detailed contract reviews, project performance assessments and the consistent application of accounting standards. With internal resources committed elsewhere, the business needed someone who could apply IFRS 15 with confidence from the first day, without extensive onboarding.

What We Did

Tierpoint quickly introduced an interim Project Accountant with extensive IFRS 15 experience, whose work we knew first-hand. Working alongside the finance team, they reviewed contracts, validated revenue recognition calculations, supported month-end reporting and provided practical technical guidance.

The Result

Reporting remained accurate, compliant and on schedule throughout the critical period, without adding pressure to the existing team. Specialist expertise was in place when it was needed, reducing technical accounting risk and allowing internal resources to stay focused on wider business priorities.

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