John-Michael Kretz

John-Michael has over 23 years of finance and accounting experience providing financial reporting assistance, technical accounting guidance, and other services. John-Michael has served as a national instructor on various topics, including revenue recognition, business combinations and leasing. He completed a rotation within KPMG’s Department of Professional Practice where he assisted in developing firm guidance under the FASB’s Accounting Standards Codification. John-Michael also worked within KPMG’s Audit practice for over nine years and as a vice president in Goldman Sachs’ Finance Division for two years.

Professional and industry experience

• John-Michael provides accounting and reporting consultation to large, multinational public registrants in a variety of technical accounting topics, including SEC regulations, revenue recognition, leases, mergers, acquisitions, consolidation, divestitures, and asset impairment.
• Additionally, John-Michael is a recognized leader within KPMG’s capital markets services team, providing consultation to large and mid-market non-public companies in a variety of industries, focused on construction and engineering and industrial manufacturing companies.
• As US Accounting Advisory Environmental, Social, and Corporate Governance (ESG) leader for the Industrial Manufacturing, Energy, Natural Resources, Chemicals and Power & Utilities industries, John-Michael has extensive experience as a Sustainability subject matter professional, providing support for financial reporting, transactions, internal controls, process, data, technology, strategy and risk management engagements for Private Equity and Corporate clients, including support for domestic and global clients adopting SEC climate, EU Corporate Sustainability Reporting Directive (CSRD) and International Sustainability Standards Board (ISSB) regulations.
• Representative projects include:
  • Cross-functional leader of capital markets readiness services for a pre-IPO engineering and construction company and a pre-merger SPAC. Services included drafting SEC-compliant S-1, 10-K and 10-Q filings; documenting technical accounting positions and accounting policies; designing and implementing internal controls and processes; establishing a public-ready corporate governance function; improving management reporting functions; accelerating financial close; assessing technology and systems; evaluating the existing tax function and implementing improvements; enhancing financial planning and analysis; evaluating equity story, et al.
  • Accounting and reporting support for a pre-merger SPAC and foreign private issuer (FPI) target, including drafting SEC-compliant 424B4, 8-K, F-4, et al
  • Carve out and sale of certain product lines of a company; dual-track support as RemainCo pursued a potential IPO or private sale
  • Buy-side support of a company’s acquisition, including purchase accounting and disclosure and accounting integration of the acquiree
  • Leadership and support identifying and addressing gaps in CSRD, EU Taxonomy and proposed SEC and California climate disclosures and related processes, internal controls, data, technology, risks and governance
  • Leasing assessment and accounting change project identifying accounting and reporting implications and analyzing broader organization impacts
  • Revenue recognition assessment and accounting change project
  • U.S. GAAP to IFRS assessment and conversion project for an international convenience store chain