The Managing Director, Steve Hills has joined Stout as the National Leader of the Technical Accounting Consulting practice of the company. The new practice offers an adaptable and practical approach to the matters of technical accounting. The core practice’s areas of focus include accounting implications of complex contracts; accounting memoranda and policies; filing requirements; journal entries; financial statement disclosures; and audit support, like supporting schedules and discussions with auditors.
Mr. Hills’ brings more than 15 years in accounting and financial leadership roles within the technical accounting, financial reporting, and transaction advisory functions. He has a diverse transaction background, including experience with acquisitions and initial public offerings, serving in a variety of industries such as technology, consumer products, financial services, and energy. Mr. Hills’ technical accounting experience includes business combinations, consolidations and variable interest entities, stock-based compensation, complex securities, revenue recognition, and lease accounting. He is also experienced in the preparation and review of various SEC filings, incorporating annual and interim reporting, and registration statements.
Mr. Hills said that “Technical accounting is foundational to all forms of financial reporting valuation, and I believe that providing this joint expertise to our clients will be a differentiator for Stout. Clients of Stout have consistently asked for this service and I am excited to partner with our industry-leading valuation professionals in delivering it.”
Through the Technical Accounting Consulting practice, Stout’s professionals are available to provide expertise across a wide range of accounting topics, including business combinations, complex securities, consolidations, revenue recognition, and lease accounting. Our professionals’ large-organizations technical knowledge combined with a practical, hands-on approach uniquely positions Stout to deliver accounting horsepower and expertise around esoteric accounting topics.