Molly Chilakapati CPA

With 20+ years at KPMG and as a professional in KPMG’s Accounting Advisory Services practice, Molly provides technical accounting advice to audit and advisory clients of the firm. Molly specializes in transactional and industry accounting issues relevant to oil & gas, power & utilities, energy trading and marketing. Molly’s accounting knowledge covers US Generally Accepted Accounting Principles and International Financial Reporting Standards, including derivatives and hedge accounting, lease accounting, revenue recognition, joint venture accounting, consolidations, and business combinations. Molly assists clients with the assessment and adoption of new accounting standards, including revenue recognition (ASC 606), and lease accounting (ASC 842).

An active presenter on emerging accounting matters, Molly is a regular speaker at the KPMG Global Energy Conferences and regularly presents on current accounting developments at client & industry share forums and other public events.