Compliance

Revenue Health Check (ASC 606)

The Compliance Traffic Light

Comprehensive revenue recognition audit ensuring ASC 606/IFRS 15 compliance.

Duration: 4-6 weeks

Overview

Pre-IPO and public companies need audit-ready revenue recognition. Our Revenue Health Check identifies off-system tracking risks, audits revenue arrangements and rules, validates compliance with ASC 606/IFRS 15, and delivers an audit-ready reporting package.

The Compliance Traffic Light

Systematic audit from risk identification to compliance certification

1

Red

Identifying off-system manual tracking risks

2

Yellow

Auditing revenue arrangements and rules

3

Green

Audit-ready reports compliant with ASC 606/IFRS 15

Pain Points We Solve

Revenue tracked in spreadsheets outside NetSuite

Uncertainty about ASC 606/IFRS 15 compliance

Auditor questions about revenue recognition

Pre-IPO readiness concerns

The Solution

We perform a comprehensive audit of your revenue recognition processes, identify gaps in compliance, document current-state vs. required-state, remediate issues, and deliver audit-ready documentation for your external auditors.

Technical Highlights

Off-system risk identification

Revenue arrangement audit

ASC 606/IFRS 15 validation

Audit-ready reporting package

Business Impact

Passed external audit with zero revenue findings

Identified and fixed $2M in revenue misstatements

Achieved IPO-readiness

Eliminated off-system revenue tracking

Technologies Used

NetSuite ARMAdvanced Revenue ManagementSuiteAnalyticsFinancial Reporting

Ready to Transform Your NetSuite Operations?

Let's discuss how we can tailor this solution to your specific business requirements and deliver measurable results.

InvoQ Technologies — NetSuite · Automation · Compliance · Cyprus