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Peter Kwong, CPA, ABV, CFF
Peter manages engagement teams involved with financial audits, financial and IT consulting, and attestation and valuation services. He also created, developed and manages our Risk Management Practice Group. Managing risk in today's business environment is a challenge for many clients, but Peter somehow manages to help business owners and executives steer through technical issues, controls compliance and business issues with relative ease. Most importantly, he stays current with his clients' businesses to provide timely guidance and advice.
Recently, Peter signed Perkins' first IFRS report on a Perkins client. He helped them transition from US GAAP stand alone financial statements to IFRS financial statements to help streamline the client's financial reporting process to their parent company and outside vendors. This included the client's first time adoption of IFRS under IFRS 1, "First-Time Adoption of International Financial Reporting Standards." Peter also has taught seminars on IFRS and has even provided IFRS related content for the CPA exam.
As if that wasn't enough, Peter recently received his accreditation in business valuation (ABV) and is now working to expand the firm’s valuation scope of services related to fair value accounting, business combinations and derivatives.
Perhaps it was Peter's days as student body president at the University of Portland that prepared him for his commanding role. Before we landed this accounting ace, Peter worked as a corporate controller in private industry. He also spent 10 years at a national accounting firm.
Peter spends his free time volunteering at a local children's organization, Chess for Success, and spending time with his own young family. In 2007, he was named one of Portland's best 40 under 40 professionals by the Portland Business Journal, the first of Perkins' young titans to achieve this title. In 2009, Peter was selected one of 75 Significant Alumni for the University of Portland's Pamplin School of Business in honor of its 75th anniversary celebration.