Bio

Salvatore Collemi

Salvatore Collemi launched his practice in 2016 in order to assist individuals, firms and organizations in navigating the complexities of the ever-changing landscape of financial reporting, attest functions and compliance. Collemi Consulting & Advisory Services provides high-level strategic and technical guidance when it matters the most – whether to retain key attest clients or comply with the requirements set by standard-setters and regulators. With a deep industry experience and a solid network of contacts, we provide a full range of accounting & auditing consultations, technical reviews of financial statements and workpapers, AICPA Peer Review and PCAOB Inspection preparation, internal inspection, CPE training, independence & ethics consultations and design of quality control systems services. 

Salvatore is a recognized subject matter expert (SME) on U.S. and International financial reporting and auditing standards with two decades of global business experience servicing a broad base of commercial and financial services industries. He also advises on corporate governance and risk management issues facing U.S. public accounting firms. As a former Staff Accountant in the Division of Corporation Finance, Technical Manager in the National Peer Review Program and external auditor at leading institutions such as the U.S. Securities and Exchange Commission (SEC), the American Institute of Certified Public Accountants (AICPA), McGladrey & Pullen, BDO Seidman and Grant Thornton, he has demonstrated the impact of U.S. and International financial reporting, internal control systems and regulatory compliance acumen as they affect privately-held and publicly-traded companies. 

As a recognized SME on IFRS, Salvatore was named by the AICPA as an official participant in the development and review of IFRS questions for the Uniform CPA Examination and the content for the IFRS Certificate of Accomplishment Program. He served as the IFRS expert at-large for the AICPA Board of Examiners Content Committee from 2011-2014. 

Salvatore's experience in diverse senior leadership roles will provide value on a wide range of strategic, financial, regulatory compliance and global business considerations for financial officer positions, board positions and as a member of committees such as audit, corporate governance and risk management. Responsible for the firm's internal inspection program and managed over thirty professionals to ensure its quality control system complied with all professional standards and regulatory requirements. 
Under his leadership, the firm received unqualified reports from standard-setters and regulators. Firm liaison to standard-setters and regulators. U.S. Representative and first Vice Chair of the AGN International Accounting & Auditing Committee. Architect of the firm's National Office Program. Founded the firm's Quality Control Pilot Program. Co-founder of the Italian Desk and the firm's ambassador to the Italy-America Chamber of Commerce. Inaugural chair of the firm's Philanthropy Committee. Managed over fifteen professionals to ensure the firm's philanthropic events and initiatives we achieved with a budget of over $35,000. Authored over twenty internal and external technical and business bylines and articles on IFRS and auditing standards. 


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