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. John is a Certified Public Accountant (CPA) and Certified Information Technology Professional (CITP). He is also a Certified Information Systems Auditor (CISA). He assists corporations with accounting, auditing and internal control projects and issues resolution, and IT auditing. Clients served from various industries include investment and banking, IT and professional services, commercial real estate, energy, manufacturing, government, and pharmaceutical. In recent years, assignments of interest have included:
- Over ten years and 1,500 hours auditing business IT systems. His firm performs SOC 1 and SOC 2 audits for service organizations in various industries.
- Outsourced Controller for sixteen years for a public Company.
- Participated in 1) the acquisition of a significant business by a Fortune 100 Company, 2) the complete restructuring of management personnel and positions in finance operations and 3) a full SAP systems conversion.
- Interim Controller of a global leader in polishing technology for semiconductors, and storage-media.
- Actively supervises outsourced internal audit services and Sarbanes Oxley compliance for SEC registered corporations.
- Managing the Asia Pacific (Australia, Hong Kong, and China) segment of a worldwide SAP R3 conversion.
- Remediation of a large bank’s reconciliation procedures relating to automated processing of transactions by an outside processor. Recommended and implemented changes to improve financial controls and then investigated and reconciled prior year processing errors and irregularities to the satisfaction of State and FDIC bank examiners.
- Interim Chief Financial Officer for an investment management company and family office with significant assets under management. Responsible for documenting and assuming duties from the retiring Chief Financial Officer, financial reporting, coordinating external audits, forecasts and budgeting, converting the business from a Corporation to an LLC, and coordinating valuation of this business prior to sale.
- Participated in 1) the acquisition of this business by a Fortune 100 Company, 2) the complete restructuring of management personnel and positions in finance operations and 3) a full SAP systems conversion.
- Contracted with a six billion in revenue public company with multiple subsidiaries to develop and execute all aspects of a detailed SOX implementation project plan. During this project, coordinated efforts between internal audit, accounting, operations, and information technology resources as well as external resources from two of the “Big Four” accounting firms and the external auditors.
- Engaged by an African oil company with over twenty billion (US $) in revenue and multiple subsidiaries to develop a detailed SOX implementation plan in English and Portuguese. Continued to assist management of this company with project plan execution.
- Developed and copyrighted internal control training programs requested by companies in the United States, Africa and the Middle East; presented at Penn State University and the University of Delaware. Former faculty member of the American Institute of Certified Public Accountants to instruct accounting and auditing continuing education programs.
After graduating from the University of Delaware, John started his career as an auditor with PricewaterhouseCoopers (PWC). His PWC client assignments included eight years auditing the credit card operation of JP Morgan Chase & Co., eventually as lead Audit Manager. Other audit assignments with PWC included over one hundred large and mid-size businesses in multiple industries. After PWC, John was Controller of a corporation for several years before practicing as an outsourced CFO/Controller, accounting and finance project management professional, and SOC 1 & 2 IT Auditor for both public and privately held companies through his firm.
John is a member of the AICPA, Pennsylvania Society of Certified Public Accountants (PICPA), ISACA, and the finance committee of a local Church since 2009; Chairperson from 2018 to 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