Al brings over 37 years of accounting, reporting and management experience to Foretop Advisors. He has broad technical accounting, financial reporting and accounting operations expertise developed during his almost four-year tenure at KPMG, several decades in leadership positions at two public companies (Controller at Rodman and Renshaw and First Vice President - Finance at Jefferies & Company, Inc.) and over eight years as a Managing Director at accounting advisory firms (Chord Advisors, LLC and WilliamsMarston LLC).
Al's expertise is in the following subjects:
• SEC reporting
• Pro formas (de-SPAC, combinations, etc.)
• New lease accounting implementation
• Earnings per share calculations
• Capitalization & dilution disclosures
• Foreign currency accounting
• Consolidations
• Share-based compensation
• Significant subsidiary tests
• Purchase accounting
• Accounting policies & procedures
• Disclosure committee activities
• Internal control evaluation / SOX
• Securities transactions
• Broker-dealer financial reporting
Al is a Certified Public Accountant in both the States of Connecticut and California and holds a Bachelor of Science in Business Administration, with a major in Accounting from California State Polytechnic University, Pomona. Al is also a member of the American Institute of Certified Public Accountants ("AICPA").
Philip has 22 years of accounting consulting, technical accounting, and auditing experience. Prior to founding Foretop Advisors, Philip worked for over 6 years at Chord Advisors LLC ("Chord"), a boutique accounting firm that served more than 400 public, private, and pre-IPO companies. As a Managing Director at Chord, Philip was the leader of Chord’s technical accounting practice for revenue recognition, which included assisting over 100 companies from almost all industries in their implementation of the new revenue recognition standard.
Before joining Chord Advisors, Philip was a Project Manager at the Financial Accounting Standards Board (“FASB”), where he worked on the project that led to the issuance of the New Revenue Recognition Standard and the Revenue Recognition Transition Resource Group, which worked on implementation and interpretation issues with the standard. While at the FASB, Philip also worked on the projects that led to the issuance of the new accounting standards for Discontinued Operations (ASU 2014-8) and Pensions and Other Postretirement Benefits (FASB Statement No. 159).
Philip began his career at Ernst & Young in the audit practice in the Stamford and New York offices, where he was early promoted to Manager in his fourth year. Philip is a Certified Public Accountant in the State of Connecticut and graduated Magna Cum Laude from Fairfield University, where he earned an MBA with a concentration in Finance and a BS in Accounting.
Philip’s technical accounting expertise includes:
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