Advisory

Strategic IFRS advisory for high-stakes life sciences decisions

Clear, independent accounting judgement where deal structure, timing, and interpretation materially affect value.

I advise pharma, biotech, and med-tech leaders on complex IFRS questions before accounting positions harden, negotiations close, or audit scrutiny begins.

IFRS 15 judgementLife sciences transactionsAudit-ready positions
Michelle Olufeso
Standard-setting
IASB · FASB · Business Europe · SwissHoldings
Corporate tenure
Roche AG · CHF 60bn+ group · 12 years
Published authority
Accounting for Innovation · Revenue Recognition
Qualification
FCCA · MIO Consult GmbH, Germany
When to involve me

Bring me in before the accounting answer becomes expensive to change

The highest-value advisory work happens early, while deal terms, commercial expectations, and accounting positions can still be shaped deliberately.

Before a deal is finalised

Identify accounting consequences while licensing, collaboration, or co-development terms are still negotiable.

Before audit challenge

Prepare clear, defensible positions on revenue recognition, variable consideration, milestones, and performance obligations.

Before board or investor scrutiny

Translate complex IFRS judgement into commercially intelligible analysis for decision-makers.

Where I add value

Technical depth applied to commercial reality

My work sits at the intersection of IFRS, transaction structure, and business judgement.

Licensing and collaboration structures

Analysis of rights, obligations, control, exclusivity, milestones, and the accounting implications embedded in deal terms.

Revenue recognition under IFRS 15

Judgement on licences versus services, performance obligations, timing of recognition, and variable consideration constraints.

Deal accounting

Pre-deal and post-deal analysis where accounting treatment may influence valuation, negotiation, or reported performance.

Audit readiness

Position papers, challenge analysis, and clear rationale that can withstand technical review and external scrutiny.

Who I work with

For leaders who need judgement, not accounting theatre

CFOs and finance leaders

When the accounting conclusion needs to be technically sound, commercially aware, and explainable to audit committees, boards, and investors.

Deal teams and BD professionals

When transaction terms may create accounting consequences that affect negotiation, valuation, or future reporting.

Biotech and pharma founders

When licensing and collaboration arrangements sit close to valuation, fundraising, and investor confidence.

Boards and audit committees

When independent technical clarity is needed on complex or contested financial reporting positions.

How I work

Structured, direct, and focused on the decision at hand

01

Clarify the commercial substance

I start with the economics of the arrangement, not only the accounting question as presented.

02

Identify the IFRS judgement points

I isolate the areas where structure, wording, timing, or estimation could drive a different accounting outcome.

03

Build a defensible position

I provide clear reasoning, challenge points, and documentation that supports decision-making and audit readiness.

04

Keep the work commercially useful

The output is designed for action: board discussion, negotiation, audit response, investor explanation, or internal alignment.

Work with me

If the judgement matters, it is worth getting right early

Engage before deal terms are locked, positions are documented, or audit scrutiny begins. That is where the value sits.

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