Dave Van Damme

Dave Van Damme

Shareholder, Advisory & Assurance

Leading the firm's advisory & assurance group, Dave supports closely held businesses with audits, financial reporting and fraud analysis.

What is your area of focus?

I work within the advisory & assurance practice, primarily with privately-owned domestic companies or subsidiaries of larger foreign-owned and operated companies throughout Europe and Asia. Working closely with owners, chief financial officers, and plant managers gives me a deep understanding of clients’ business goals so that our firm can provide the right mix of technological and consulting support. I am focused on the fundamental practices and internal controls required to mitigate risk and, as a certified fraud examiner, help clients become better educated on the best practices to help prevent fraud.

How long have you been at Clayton & McKervey?

Since 2008

What is the favorite part about your job?

I appreciate the access to the best resources in the industry – the shareholders, managers, seniors and staff that contribute to continuous improvement and development.

Specializations

  • Audits of closely-held companies
  • Internal control analysis
  • Fraud/data extraction analysis
  • Accounting for construction/contractor inventory
  • Financial statement and agreed upon procedures reporting
  • Financial reporting automation
  • Employee benefit plan audits

Education

  • Bachelor of Science in Accounting, Oakland University

Connections

  • Turn Around Management Association
  • Risk Management Association
  • Michigan Association of Certified Public Accountants

Dave 360°

What is your favorite movie line?
Ricky: Why do you want to listen to the TV with the stereo on? Cal: Because I like to party.

If you could learn anything, what would it be?
Sports. Followed by how to speak Spanish & fly a plane

If you had to choose a different job, what would it be?
Fighter jet pilot

Articles by Dave Van Damme

Are You Ready for the New Revenue Recognition Standard?

by Dave Van Damme

Structuring Cloud Computing Arrangements to Ensure They Have a Positive Impact on Key Financial Indicators

by Dave Van Damme

5 Differences Between US GAAP and IFRS

Even for non public US companies having a basic understanding of International Financial Reporting Standards IFRS is beneficial The continued global adoption of IFRS impacts US companies due to the convergence of generally accepted accounting principles in the US US GAAP and IFRS as well as increased cross border merger and acquisition activity and the growing number of companies doing business globally Here is a summary of 5 areas of existing differences between the frameworks and any corresponding guidance updates

by Dave Van Damme

Committee of Sponsoring Organizations Framework (COSO) and How It Applies to Closely Held Businesses

by Dave Van Damme

AICPA Non-GAAP Financial Reporting Framework (FRF for SMEs)

by Dave Van Damme

Changes to Review and Compilation Engagements

by Dave Van Damme

Fiduciary Responsibility Check List

by Dave Van Damme

The Sound of Automation Podcast

Industrial automation businesses are the driving force behind Industry 4.0, and Clayton & McKervey is here to help.

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