Accounting Policy and Procedures
Titus was awarded “approved vendor status” by one of the nations largest cities. The first engagement performed by Titus was a contractor vendor invoicing audit in order to identify internal control weaknesses and cost recovery opportunities. This city of approximately 3 million people had an estimated budget of $5 billion. It is responsible for ensuring its resources are used as efficiently and effectively as possible, consistent with their objectives, providing these services to its 3 million citizens and the many million visitors it receives each year. The city accomplishes this through its 50 different departments.

Corporate Accounting and Financial Operations
Titus utilized three different offices over several years to support Zimmer, Inc. following their acquisition of Centerpulse, AG. In addition to providing Zimmer with stability and continuity in its day-to-day corporate accounting and financial operations during this transition, Titus assisted Zimmer with the monumental task of integrating the two companies into the world’s largest pure-play orthopedic manufacturer. This assistance included the creation and implementation of systems and controls designed to streamline and/or automate processes relating to “one-time-cost” reporting in accordance with FAS146 and EITF 95-3, inter-company profit in inventory elimination and consolidation reporting.

GAAP Research
A Global 1000 publicly held company relied on a Titus Certified Public Accountant to interpret new accounting pronouncements and communicate them to division controllers. Utilizing guidance from the FASB, IASB, AICPA, and the SEC, our professional prepared MS Power Point presentations that were easily interpreted by the organizations finance executives. As a result, this organization was able to cost effectively implement new accounting standards companywide.

Policies and Procedures Intranet Development
A large global manufacturer was concerned with the consistency of their reporting between business units. They needed a tool to effectively and efficiently communicate policies and reporting standards to their 50+ business entities. They turned to Titus to assist them with the creation of a policy and reporting standards database that would be hosted on the company's intranet. A Titus professional with 12+ years of experience in public accounting and industry helped them accomplish this task.

Data-mining using Hyperion Retrieve
Hyperion Enterprise was being used as a consolidations tool for a company that went through a significant merger. Management from many areas of the company needed access to consolidated information for both external and internal reporting purposes. The company turned to Titus for a professional that had significant Hyperion Retrieve skills. Our professional built over 25 complex Hyperion Retrieve reports that assisted management in achieving their reporting objectives.

Technology and Month-End Closing
An international company with over 100 business units across the globe engaged Titus to assist their consolidations and reporting department with analyzing their top 40 business units on a monthly basis. An experienced Titus professional worked with the client to re-engineer the month-end close process. Utilizing a tool Titus developed in Microsoft Visual Basics, the company was able to quickly understand significant balance sheet and income statements movements and more efficiently consolidate their financial results.

SFAS 141 Business Combinations Implementation
A large publicly traded company needed to implement SFAS 141 and 142 on the timetable outlined by the FASB. They turned to Titus for an experienced professional to assist with this implementation. Our professional helped develop a model to segregate the company into the required reporting units, worked with the valuation group to prepare a discounted cash flow valuation of the business units, and built a model to calculate whether or not the company's goodwill was impaired.

SEC Reporting Manager
A public company experienced turnover in their external reporting department at a time in which quarterly reports were coming due and a major bond offering was being initiated. The company's staff had been working long hours to make up for the gap in their finance structure, which was having a negative impact on morale. An experienced Titus professional, with a big 4 public accounting background and SEC reporting experience, stepped in to help. What was initially scheduled to be a month long interim project, turned into a long-term engagement due to the outstanding performance of our professional.

Investment Due Diligence
A large, publicly traded manufacturing company engaged Titus to work with their acquisition team. Our firm was responsible for all accounting, auditing and finance procedures for this acquisition. The procedures including looking at selected balance sheet accounts, including inventory, unrecorded liabilities, etc. During the course of this engagement, Titus personnel discovered some issues, which resulted in a $6 million reduction of the purchase price.

Account Reconciliation and Analysis
Chase Bank’s insurance division had a need for an experienced financial accountant to assist in an account reconciliation and analysis project centered in the bank’s broker/dealer transactions. Titus was engaged to perform the reconciliation and redesign the business process. Titus successfully completed the project and streamlined their process to the delight of the client.