About Accounting and Business Consultants, LLC
Established in 1997, Accounting and Business Consultants, LLC is a specialized consulting firm providing accounting, internal control, compliance, and audit related services in the Greater Philadelphia Tri-State Area. In addition to consulting, we are a licensed Certified Public Accounting Firm (CPA) in Pennsylvania, Delaware and New Jersey. We have also serviced several clients in the New York City and Washington D.C. metropolitan areas.
If your business, government or non-profit entity requires accounting, compliance or auditing expertise, we serve entities that will benefit from the quality, leadership, communication and hands-on expertise we provide our clients. We are a smaller firm, which means we are responsive, flexible, agile, and can adapt as needs change with speed and efficiency. As both a consulting firm and a licensed accounting and auditing firm, we have the expertise non-licensed consulting firms are not able to provide.
Our reputation for providing outstanding and timely client service is critical to our business growth and success. We welcome and encourage you and your team to explore how we may become a valuable resource and service provider to your organization. Call 800-930-2923 now or send us a message through our website.
About John Baldo, CPA, CISA, CITP
John Baldo is the Principal and Founder of Accounting and Business Consultants, LLC, providing assurance and consulting services to clients across various industries including technology, SaaS organizations, banking & financial services, real estate, energy & utilities, manufacturing, chemical, non-profits, and pharmaceuticals. He is a Seasoned financial professional with over twenty-eight years of experience in public accounting, SEC reporting and regulatory compliance, financial and operations project management, corporate finance, internal & external audits, including IT systems.
Key projects and assignments have included:
- SEC Reporting, Banking and Financial Services:
- Eighteen years SEC reporting and regulatory compliance for a public company.
- CFO for an investment management firm, overseeing financial reporting, budgeting, and audit coordination.
- Managed implementation of new accounting standards for a $1B+ SEC-registered bank to adopt ASC 606 (Revenue Recognition) and ASC 326 (CECL).
- Internal Controls & Compliance:
- Developed and led SOX implementation projects for both domestic and international corporations, including a $6B public utility company and a $20B+ African oil company.
- Delivered internal audit and SOX services to SEC-registered companies in various industries.
- Compliance partner to a nationwide firm providing services exclusively to broker dealers.
- Over twelve years and 1,700 hours auditing business IT systems
- ERP & Systems Integration:
- Managed the Asia-Pacific segment of a global SAP conversion.
- Served as project manager and interim controller during the acquisition, personnel restructuring, and SAP integration for a global semiconductor and storage tech company.
- Remediation of reconciliation and control issues at a major bank involving third-party transaction processors; implemented bank solutions approved by State and FDIC examiners.
- Education & Training:
- Developed and copyrighted internal control training programs used in the U.S., Africa, and the Middle East.
- Former AICPA faculty member; continuing education lecturer at Penn State and the University of Delaware.
Early Career
Audit Manager - PricewaterhouseCoopers (PwC)
- Lead PwC Audit Manager for JP Morgan Chase’s credit card division, representing one-third of the Corporation’s global net income at the time.
- Audited over 100 businesses across many industries over 8.5 years, with emphasis in banking & financial services. Developed advanced skills and discipline in prioritization, communication, project management, analytics, creativity & issues resolution.
Controller- Private Corporation
- Leader of accounting operations, internal controls, financial reporting, budgeting & analysis, and compliance.
Certifications
- Certified Public Accountant (CPA) & AICPA Certified Information Technology Professional (CITP)
- Certified Information Systems Auditor (CISA)
Professional Affiliations
- American & Pennsylvania Institute of Certified Public Accountants (AICPA) & (PICPA)
- Information Systems Audit and Control Association (ISACA)
- Church Finance Committee Member (since 2009), Chairperson (2018–2022)
About External Peer Reviews
Accounting and Business Consultants, LLC’s system of quality control for its accounting and auditing practice is subject to external peer review triennially. Under the AICPA’s Peer Review Standards, firms may receive a rating of pass, pass with deficiency(ies), or fail.
In September 2022, McKonly & Asbury, LLP issued a report with a peer review rating of pass on its external peer review of Accounting and Business Consultants, LLC for the year ended March 31, 2022. This peer review report, and the PICPA's acceptance letter of our peer review, are available below.
Most recent, September 2022 peer review report
In September 2019, McKonly & Asbury, LLP issued a report with a peer review rating of pass on its external peer review of Accounting and Business Consultants, LLC for the year ended March 31, 2019. This peer review report, and the PICPA's acceptance letter of our peer review, are available below.
September 2019 peer review report
In September 2016, McKonly & Asbury, LLP issued a report with a peer review rating of pass on its external peer review of Accounting and Business Consultants, LLC for the year ended March 31, 2016. This peer review report, and the PICPA’s acceptance letter of our peer review, are available below.
September 2016 peer review report
In December 2013, McKonly & Asbury, LLP issued a report with a peer review rating of pass on its external peer review of Accounting and Business Consultants, LLC for the year ended March 31, 2013. This peer review report, and the PICPA’s acceptance letter of our peer review, are available below.
December 2013 peer review report