Timothy Phelps is a partner in KPMG’s national office in New York after serving KPMG’s Baltimore and Washington, D.C. Financial Services practice for more than 20 years providing financial statement and internal control audit services in accordance with PCAOB and U.S. GAAS requirements and under U.S. GAAP and IFRS. Tim has served a wide range of clients from large multinational corporations to small privately held entities and has a thorough understanding of SEC rules and regulation and extensive experience in the financial services sector.
Tim is working in KPMG’s Department of Professional Practice in their Practice Advisory/SEC Group. His experience includes interacting with engagement teams to address inquiries while serving on several accounting topic teams, assisting the PCAOB Inspection Group, and writing articles and response letters related to certain SEC matters. He has significant experience with technical accounting issues related to consolidation, sales and transfers of financial assets and liabilities related to securitization programs and fair value matters.
Tim has a Bachelor of Science degree in Accounting from the University of Maryland, College Park. He is a licensed CPA in Maryland, and New York.