Key Benefits
- Compliance with US GAAP / FASB and/or GASB Standards
- Validation of environmental reserve
- Accurate assessment & calculation of environmental spending forecasts and pollution
remediation obligations (PROs)
- Capture of all site specific information utilizing customized templates
- Formulation of a “watch list” of potential future liabilities with associated amounts
and probabilities
Applicable Industries
- Energy
- Chemical
- Manufacturing
- Government
- Automotive
- Academic Institutions
- Transportation
- Waste / Landfill Management
Given all the responsibilities business people contend with, organizations often
have a difficult time keeping up with the ever-changing accounting regulatory and
compliance environment. At ERCI we are dedicated to not only keeping up with these
important matters, but to go far beyond this to develop Sarbanes-Oxley compliant
software solutions that address these principles and ensure that our clients are
fully prepared to manage these issues. Unlike general accounting practitioners,
ERCI specializes in environmental accounting and has an unrivaled depth of knowledge
in these areas.
Furthermore, with the experience of having participated in dozens of environmental
audits, we have a keen sense of what auditors require when conducting reviews of
environmental accounting items contained in financial statements and reports. We
are able to offer this wisdom to our clients to ensure that they are compliant to
the necessary levels in advance of periodic audits, thereby reducing the potential
burdens associated with these events.
Lastly, we provide our clients with specific recommendations on internal controls,
accounting operations and site- and/or portfolio-specific guidance.