Kimber Bascom

Kimber is partner-in-charge of the Accounting Group of KPMG’s Department of Professional Practice (DPP) – Audit in New York where he leads the development of the U.S. firm’s views policies, guidance, training, publications, and other materials on U.S. accounting and financial reporting matters. In addition, he leads the U.S. firm’s monitoring of, and interaction with, accounting standard setters including the Financial Accounting Standards Board (FASB), International Accounting Standards Board (IASB), Emerging Issues Task Force (EITF), and others. Kimber also is the chairman of KPMG’s Global Leases Topic Team, which develops the international firm’s guidance and policies on the application of international financial reporting standards (IFRS) to leasing transactions, service concession arrangements and investment property.

From 2013 – 2015, Kimber was the U.S. firm’s representative on KPMG’s IFRS Panel, the senior policy committee responsible for overseeing the development of guidance by KPMG’s international organization of member firms on the application of IFRS. From 2007 – 2012, he was a member of the Financial Reporting Executive Committee of the American Institute of Certified Public Accountants (AICPA), the AICPA’s senior committee for financial reporting. From 2000 – 2002, Kimber was a Practice Fellow at the FASB where he served as project manager responsible for the activities of the EITF and participated in resolving various Derivatives Implementation Group issues.

Kimber is a frequent author of KPMG accounting publications and a frequent speaker on accounting topics at KPMG- and externally-sponsored financial reporting conferences. He is a licensed CPA in Massachusetts, New York and Texas, and a member of the AICPA and the Equipment Leasing and Finance Association.