Michael Umscheid CPA

Mr. Umscheid has provided consulting and auditing services to public and non-public companies for over 30 years. His areas of specialization include CECL accounting & consulting, internal control audits/Sarbanes-Oxley, Auditing for public and private companies, and litigation support. He is a past member of the Auditing Standards Board and AICPA; past chairman of the AICPA Financial Services Expert Panel, member of the AICPA Internal Control Task Force on SAS 112, SAS 115, and AT 501, and chairman of the 1998 AICPA Credit Union Conference.

His writing experience includes AICPA author Accounting for Credit Impairment (CECL) - 8 Hour CPE course 2016 – 2018, co-editor of the Audits of Financial Institution Manual published by Thompson Publishing (PPC) 1997 to 2013, co-author of PPC's Guide to PCAOB Audits 2005 to 2012 (Thompson Publishing), past chair and member of the Auditing Standards Board Task Force (ASBTF) to rewrite AT 501, the standard that establishes internal control audit standards for non-public companies " Past Chair and member of the ASBTF to rewrite SAS 60, the standard that defines material weaknesses and reporting requirements for non-public companies (SAS 112 and SAS 115).

Mr. Umscheid has a Bachelor of Science degree from Virginia Polytechnic Institute & State University in Blacksburg, Virginia.