Nick Rhee Email & Phone Number

United States

Reston, Virginia, United States

• Led the modernization of legacy processes and spearhead the Company's emphasis on inventory accounting. Implemented role/team restructuring to optimize focus and ensure timely and accurate financial reporting and.
• Principal vs Agent consideration
• Impairment assessment over goodwill and other various assets
• Expense versus capitalization determinations
• Contract/agreement review

Fairfax County, Virginia, United States

• PAE had recently gone public at time of hire. Specifically brought on to provide public company experience and perspective. Assisted in process improvements to comply with public company accounting standards and.
• Created and implemented a standard easy to use tool for project teams to screen contracts through the lens of ASC 606
• Assist project teams in evaluation unique and uncommon contract provision and their impact to revenue recognition as applicable  ASC 842 process improvements Technical Accounting Memo Preparation over complex.
• Goodwill assessment (interim triggering event assessment(s) and annual assessment)
• SAB 99/SAB 108 assessment (restatement)
• Purchase accounting (acquirer) and integration

• ASC 606 Revenue Recognition
• Responsible for all revenue recognition determinations for all new contracts, contract modifications, contract combinations
• Subject Matter Expert
• Improved design of tools used in the application of the ASC 606 ASC 842 Implementation and Adoption
• Designed and executed process of identifying all leases, inclusive of embedded leases
• Evaluated all applicable practical expedients and policy elections for applicability and practicality for adoption.

Mclean, Virginia

Currently providing interim financial assistance primarily to Fortune 1000 companies during critical times of need. Responsibilities include, but are not limited to, accounting assistance, financial reporting and analysis, accounting research, budgeting and forecasting, internal auditing, acquisition or divestiture support, and special project.

Mclean, Virginia

• Performed as team leader on a number of engagements consisting of a combination of domestic and international companies. An example of industries are as follows:
• Hotel and Hospitality
• Business Support – Government Entities
• Media and Marketing Lead teams through the annual engagement cycle of quarterly 10Q reviews through the 10K filings.Functioned as bridge between the client and engagement manager and engagement executives. Coordinated.

Rockville Maryland

Planned, executed and concluded examination engagements based on government agency requirements. Utilize and incorporate mandated government agency specific examination criteria in designing and conducting test work.Review work performed by associate staff for adequacy and application in conforming to testing requirements. Demonstrated the ability to work.

Melville, New York

• Performed as field team leader on a number of engagements consisting of a combination of domestic and international companies. An example of industries are as follows:
• Services: Consulting
• Services: Law Firm
• National Wholesale Cash and Carry
• Specialty Packaging/Container Manufacturer
• Direct Marketing Retailer

New York City

• Assisted on audits within the following industries:
• Retail/wholesaler of high end gym equipment
• Plastics & cellulose acetate manufacturer
• Wholesale/importer of fine foods
• Kitchen cabinet & furniture manufacturer
• Supermarket chain operator

New York City

Company merged with Rosen Seymour Shapps Martin & Company, LLPPlease see the description above.