As a Managing Director in the New York office, Jeff is responsible for client service, specializing in accounting change and technical accounting issues.
Jeff brings a wealth of industry and public accounting experience advising financial services clients on new accounting standard implementations, GAAP conversions, deal structuring, and other transaction accounting matters.
Prior to joining Riveron, Jeff was the Head of Accounting Policy for Mizuho Americas. In this role, Jeff led a team of finance professionals to implement new accounting standards, liaise with the auditors, and advise the front office and financial reporting on the accounting for new products and structures. Before Mizuho, Jeff was a Director in KPMG’s Accounting Advisory Services in New York and completed a three year rotation in London advising on IFRS.
Jeff is a subject matter resource on accounting change and technical accounting issues related to revenue recognition, leasing, consolidation, financial instruments, transfers of financial assets, and more.
The Financial Accounting Standards Board voted to defer extending the deadline for private companies and certain small public companies to implement the new accounting standards on leasing, credit losses, hedge accounting, and long-duration insurance contracts.
Many believe that CECL only affects commercial and retail banks with large loan portfolios. However, several transactions that are common within the broker-dealer industry fall within scope of the new standard.