Eric D. German
CPA, MAcc
About
Expertise
Articles
Eric is well-versed in leading audits and technical accounting projects for some of the largest and most sophisticated organizations in our region. As a partner in BMF’s Assurance and Advisory Services group, Eric serves a very sophisticated cross-section of our client base that has complex demands including large, multi-national manufacturers, venture capital start-up enterprises and high growth businesses. He has extensive experience with purchase accounting-related negotiation and post-deal arbitration, financial statement carve-out, restructurings, equity compensation and complex financial instruments. Eric is also experienced in several functional CPA disciplines which include knowledge of international GAAP jurisdictions such as IFRS, SEC reporting and advisory, Sarbanes Oxley implementation and compliance, Employee Benefit Plans and ERISA, Six Sigma business process improvement and transaction modeling and analysis, among others.
Eric has developed his deep and diverse skill set due to a background in serving as a manager at a Big 4 accounting firm and a controllership at a $10+ billion private equity firm. With such an expansive background, Eric is able to provide peace of mind to his clients by helping them navigate the ever-changing complex rules and regulations that face businesses. He excels at developing innovative and sensible business solutions to complex business problems in a proactive manner that increases their efficiency, improves existing processes and ultimately reduces costs.
Eric provides guidance and shares his knowledge with team members in performing services that focus on complex, judgmental and specialized issues. Leading the team, together they create plans for accomplishing their engagement objectives, develop strategies that comply with professional standards, address the risks inherent in the engagement and provide value to their clients through the process.
Specializations
- Manufacturing/Distribution
- Construction
- Private Equity
- U.S. GAAP
- SEC Reporting
- Sarbanes-Oxley
Education
- Master of Accountancy, Bowling Green State University, specialization in tax
- Bachelor of Science in business administration, specializations in accounting and information system auditing and control, Bowling Green State University
Certifications
- Certified Public Accountant (CPA)
Professional and Civic Memberships and Activities
- American Institute of Certified Public Accountants (AICPA), member
- Ohio Society of Certified Public Accountants (OSCPA), member
- Lake Erie Nature and Science Center, board member
- Catholic Charities Diocese of Cleveland, board member
- Greater Cleveland Partnership LEAD Cohort 3
- Cleveland Leadership Center Civic Leadership Institute
- Business Volunteers Unlimited board matching program
CliftonStrengths
- Relator
- Futuristic
- Analytical
- Context
- Ideation
Industry Experience
Construction & Real Estate
International Business
Manufacturing & Distribution
Public Companies
Retail & Consumer Products
Service Experience
Advisory
Agreed Upon Procedures
Allinial Global
Audit
Audit & Accounting
Audit Reviews & Compilations
Business Performance & Strategy
Corporate Governance
Employee Benefit Plans
Internal Audit
International Business Solutions
International Financial Reporting Standards
Revenue Recognition Standards
SEC Accounting & Attest
SEC Advisory
CECL 2023-2: Types of Financial Assets within the Scope
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CECL 2023-1: What is Current and Expected Credit Loss and What Has Changed?
CECL Background CECL refers to the credit impairment model provided in Accounting Standards Update (“ASU”) 2016-13, Financial Instruments — Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, as subsequently amended. The ASU requires credit losses on. Read More >>
CECL 2023-3: General Questions About the CECL Standard
No, CECL is not applicable to equity securities. ASC 321, Investments – Equity Securities provides the applicable guidance for equity securities, including impairment considerations for securities without readily determinable fair values for which the measurement alternative has been elected.. Read More >>