Schneider Electric

Specialist IFRS expertise for complex long term projects

The finance team required specialist IFRS 15 expertise to support revenue recognition across complex long term projects. Internal capacity was stretched, creating delivery risk during a critical reporting period requiring technical accounting knowledge and immediate support.

Industry

Finance

Author

David Richardson
Marcus Barnes

Managing Partner

What We Found

Revenue recognition relied on detailed contract reviews, project performance assessments and consistent application of accounting standards. With internal resources focused elsewhere, additional specialist capability was needed to maintain reporting quality, reduce risk and ensure reporting deadlines were achieved without disruption.

What We Did

Tierpoint deployed an experienced Project Accountant with extensive IFRS 15 expertise. Working alongside the finance team, they reviewed contracts, validated revenue recognition calculations, supported month end reporting and provided practical technical guidance, ensuring compliance while maintaining reporting accuracy throughout the engagement.

The Result

The business delivered accurate, compliant financial reporting throughout the engagement without placing additional pressure on the existing finance team. Specialist expertise was available exactly when required, reducing technical accounting risk and allowing internal resources to remain focused on strategic business priorities.

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