David Desrochers, Cpa Email & Phone Number

Northborough, Ma, Us

Greater Boston Area

Danforth is an advisory firm that provides operational and strategic support services that enable life science companies across all growth stages—from inception through exit—to grow and optimize the value of their businesses. We provide the operational backbone to support the business, so the company can focus on driving science and technology value for its stakeholders. The firm is led by Gregg Beloff, Dan Geffken and Steve DiPalma, each of whom has served as COO and CFO for both private and public life science and technology companies and have managed critical infrastructure for emerging companies, preparing them to efficiently and effectively execute on their growth trajectory. This team is complemented by a staff of professionals who have extensive expertise in areas including accounting, human resources, facilities management and business development.

Woburn, Ma

Engaged in project to relocate accounting group from acquired entity in Florida into headquarters accounting group in Woburn. Managed team of other professionals to learn, replicate and perform all general ledger reconciliations. Prepared monthly financial reporting package to be free from errors and assure reconciliation with general ledger.

Waltham, Ma

AMS is the leading resource for outsourced accounting and financial management services in the Northeast. Accounting Management Solutions provides a wide range of tailored services that match your needs and evolve as your objectives change.

Greater Boston Area

TruTouch designs, makes, and sells the World's first and only optical, nonvinvasive alcohol measurement system.

Waltham, Ma

Accounting Management Solutions, Inc. (AMS), headquartered in Waltham, MA, is a leading supplier of outsourced accounting and financial management services for the Northeast. AMS supports public, private and nonprofit organizations of all sizes with experienced industry-specific consultants. As a long-term partner or a short-term solution, AMS provides senior level support including chief financial officers, vice presidents of finance, controllers, directors of finance and senior accountants for part-time, interim, or project-based assignments. Exclusive providers of the AMS Rapid Diagnostic, a unique service designed to assess an organization’s financial health and provide a road map to best practices, other engagements include audit preparation, broad-based financial assessments, managing the entire finance function, fulfilling specific technical or event-driven needs and much more.

Consulting firm (self employed) offering interim and part-time CFO/Controller services to early stage and emerging companies.• Prepared extensive set of spreadsheets for early-stage company to assist with fund-raising and planning.• Prepared appropriate information for implementation of new ERP software system. • Researched and prepared compliance documentation to support new investment by new venture-capitalists. • Researched GAAP compliance for new transactions.

UK-based company providing management and venture capital services to help customers capitalize and commercialize technologies. USA Operations included four entities: software (Mogility), services (Aguru Images), bio-tech (Parsortix) and consulting (ANGLE). • Increased profits by reducing headcount in finance department and implemented new financial procedures to produce timely financial reports for all entities. • Prepared business plan financial models of all invested companies resulting in $3M of seed level venture capital funding. • Prepared all financial and cash flow information compliant with US GAAP and international (IFRS) reporting. • Reduced risk exposure by assuring proper compliance in all state and federal jurisdictions of all entities.

Internal audit outsourcing and Sarbanes-Oxley consulting company. • Prepared process narratives, control matrices and test plans for all financial statement cycles. • Client's industries included software development, defense, discreet manufacturing and veterinary medicine. • Coordinated all on-site aspects of engagements to prepare appropriate internal control documentation. • Performed testing to assess compliance with SOX and other internal control initiatives. • Analyzed and assessed control errors and documented and tested remedial controls.

Consulting firm (self employed) offering interim and part-time CFO/Controller services to early stage and emerging companies. • Client’s industries include software, Internet, healthcare/medical services and financial services. • Interim financial executive of $20M software company. • Assured compliance with software revenue recognition (SOP 97-2) and other accounting principles. • Directed annual budgeting and planning process. • Prepared the business plans and delivered presentaions to potential investors. • Raised $1M as financial executive for multi-site high growth medical services/healthcare practice. • Delivered financial presentations to boards of directors and potential investors. • Prepared monthly financial statements and cash forecasts assuring optimal bank relationships.

E-Commerce Management and Order Processing Network, Private Equity/Venture Capital Financed • Prepared business plan financial projections used to raise $45M in venture capital and private equity. • Secured capital leases for pre-profit company for desktop, network and storage equipment purchases. • Increased profits by preparing all audit schedules which reduced fees and time required by audit firm by 50%. • Implemented new controls to ensure proper software revenue recognition. • Produced first set of internally prepared financial statements for 3-year-old company within first 45 days.

Enterprise-wide Software Developer, Venture Capital Financed • Helped grow valuation by 15x while revenues grew by 3x. • Financial executive during period of growth from 25 person domestic to 90 person international company. • Prepared financial projections used to raise over $25M from five separate venture capital firms. • Implemented financial controls to accelerate cash flow from receivables. • Developed and executed plans to launch two new international offices in Europe. • Reduced royalty payments by 20% and extended repayment period by two years. • Negotiated lines of credit for working capital and capital equipment. • Drove the redesign of the financial reporting package to provide more useful financial information and aid in subsequent rounds of financing.

• Biotechnology Company, Publicly Held • Developed, implemented and maintained proper controls for payroll and payables to be controlled from headquarters in Cambridge while all of the company’s operations and 75% of the employees were in Santa Monica. • Prepared 10-K, 10-Q and Proxy Statements internally, saving thousands

• Software Developer, Wholly owned subsidiary of British conglomerate • Senior financial manager of US and Canadian operations • Handled financial aspects of company's liquidation following bankruptcy of British parent

• Translated and consolidated the financial information from four European subsidiaries and Japanese joint-venture into US parent company • Developed a system of forecasting cash balances and cash requirements, using reports of three other departments, which resulted in improved banking relations and lower interest expenses

Bachelor Of Science, Accountancy

Education record