As a managing director in New York City, Scott Norris is responsible for client service, specializing in technical accounting, financial reporting, and audit readiness.
Scott Norris brings a deep level of experience in accounting and financial leadership roles, including audits, financial reporting (SEC and private), various technical accounting matters, business combinations, carve-out financial statements, debt offerings, and SOX compliance.
Prior to joining Riveron, Scott spent his career in public accounting at KPMG leading and coordinating audits of both public and private companies across a variety of industries including consumer and industrial products, airports, telecommunications, media content providers, and electronic payment processing. Scott has extensive experience leading multinational teams, collaborating with tax and other advisory professionals to meet client needs, and leading audits of private equity portfolio companies.
Riveron discusses three ways companies can account for debt modifications and satisfy reporting requirements, amidst the unprecedented increase in US debt and shifts in the global economy due to the coronavirus.
The inclusion of critical audit matters in a company’s audit report will provide financial statement users with more insight into the audit process.
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.