BREAKING NEWS

BMF Akron Office Closure Beginning May 1

Beginning May 1, our Akron Office will be closed to the public for renovations but will remain available to assist you. Contact your BMF Advisor or call 330.762.9785 to speak with someone who can help. We anticipate renovations taking several weeks, so stay tuned for updates!

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Eric D. German

CPA, MAcc

Office

600 Superior Avenue East, Suite 925

Cleveland, OH 44114


216.373.2500
216.373.2501

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

Education

Certifications

  • Certified Public Accountant (CPA)

Professional and Civic Memberships and Activities

CliftonStrengths

  • Relator
  • Futuristic
  • Analytical
  • Context
  • Ideation

CECL 2023-2: Types of Financial Assets within the Scope

What Type of Financial Assets are Within the Scope of CECL? The scope of CECL is broad and includes the following: ITEM NATURE Loan Receivables/Notes Receivable Financial Assets measured at amortized cost Held-to-maturity debt securities Financial Assets measured at. Read More >>

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 >>

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