Jamie Mayer CPA
Managing Director, Grant Thornton LLP
Jamie splits his time between Grant Thornton’s National Professional Standards Group (NPSG) and leading the firms Bank Technical Accounting Practice. In his roles, Jamie consults on technical accounting issues including the allowance for loan and lease losses, troubled debt restructurings, SOP 03-3 (ASC 310-30), securitizations, loan participations, variable interest entities, debt modifications, business combinations, fair value, and other general banking topics. In Jamie’s NPSG role, he serves as the firm’s NPSG liaison to the Firm’s financial institution practice on technical accounting matters.
Jamie is a former Financial Accounting Standards Board (FASB) practice fellow. While at the FASB, Jamie was one of the lead project managers on Statement 166, Accounting for Transfers of Financial Assets, and was the lead project manager on FSP FAS 140-4 and FIN 46(R)-8, Disclosures by Public Entities (Enterprises) about Transfers of Financial Assets and Interests in Variable Interest Entities. In addition, Jamie was a member of the fair value implementation team, worked with the FASBs Valuation Resource Group (VRG), and participated in various technical application and implementation activities.
Prior to joining Grant Thornton’s National Professional Standards Group, Jamie worked in Grant Thornton’s Chicago audit practice. While in the audit practice, Jamie focused on internal and external audits of public and nonpublic financial institutions, credit unions, corporate credit unions, mortgage banks, and other financial services clients. In addition, Jamie provided staff augmentation to the accounting policy group of a major financial services company going through a restatement.
Jamie is a CPA in Illinois and a member of the AICPA and Illinois CPA Society. Jamie is also a member of the AICPA Depository Institutions Expert Panel, the AICPA AU 9336 task force, and the AICPA Financial Instruments Comment letter task force. Jamie has (co)-authored various firm publications including publications on the allowance for loan and lease losses, transfers of financial assets and variable interest entities.
Jamie has contributed to the development of the AICPA Depository and Lending Institutions: Banks and Savings Institutions, Credit Unions, Finance Companies, and Mortgage Companies and AICPA Audit Risk Alert - Financial Institutions Industry Developments: Including Depository and Lending Institutions and Brokers and Dealers in Securities. Jamie received a B.S./B.A. in accounting from The Ohio State University.