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Michael Russo

Partner

Mike is a Partner with CFGI, providing accounting advisory services to public and private companies of various sizes in various industries. He has extensive experience with ASC 606 and ASC 842 implementations, including scoping, technical and procedural analysis, memo preparation, audit coordination and disclosures. Mike also has experience with inventory valuation, capitalized software (including cloud computing arrangements), business combinations and discontinued operations, carve-out financial statements, ASC 350 and ASC 360 asset impairment analysis, as well as derivative and hedging activities. Over his career, Mike has served clients in the consumer products, manufacturing, process and industrial products, life sciences, sports entertainment, hospitality and financial services industries.

Before joining CFGI, Mike was a director of technical accounting and external reporting at a Fortune 500, public multibillion-dollar global luxury retailer. In that role, he was responsible for the implementation of ASC 606 and ASC 842, integrating key acquisitions revenue recognition and lease policies and procedures, purchase price allocation accounting and analysis, cloud-computing cost capitalization analysis, as well as acting as a global liaison for other technical accounting matters and accounting policies and procedures. He also spent 10 years in audit and assurance services at Deloitte, where he served public and private clients in various industries.

Mike holds a Bachelor of Science in Accounting from Villanova University. He is a Certified Public Accountant in New Jersey.

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