Emma Florea, CPA*, is a senior manager serving both the Audit Department and Risk Advisory Practice at MBAF. She has significant experience dealing with complex, technical accounting matters, including consolidation issues (variable interest entities and other consolidation matters), debt vs. equity evaluations, business combination accounting, foreign currency accounting and derivative financial instruments. She also has a deep and broad understanding of SEC reporting.
Emma has experience serving various SEC registrants and multinational audit clients, as well as non-profit and for-profit healthcare organizations ranging from complex multi-entity healthcare systems to stand-alone community hospitals. Emma has experience serving companies during their evaluation and documentation of internal controls through an external audit as well as SOX 404 advisory perspective and has worked closely with management to understand, document and test internal control over financial reporting, as well as to develop accounting policies and technical accounting memoranda.
Professional Affiliations and Accreditations
- American Institute of Certified Public Accountants
- New York State Society of Certified Public Accountants
- Florida Institute of Certified Public Accountants
- Healthcare Financial Management Association – Miami Education Committee Co-Chair, 2014-2015
- Harvard Division of Continuing Education – Leadership Communications Program
- University of Miami – Bachelor of Business Administration in Accounting and Finance
*Licensed to practice in the state of New York
FASB Issues Guidance to Determine the Customer in Service Concession Arrangements of Share-Based Payment Awards
On 16 May 2017, the FASB issued ASU No. 2017-10, Service Concession Arrangements (Topic 853): Determining the Customer of the Operation Services. The FASB issued this ASU to eliminate diversity in practice in how an operating entity determines the cu ...Explore
On 10 May 2017, the FASB issued ASU No. 2017-09, Compensation—Stock Compensation (Topic 718) — Scope of Modification Accounting. The FASB issued this ASU to provide clarity, eliminate diversity in practice and reduce cost and complexity when appl ...Explore
March 2017 Highlights: ASUs (Proposed and Issued), Relevant Effective Dates, and Carve-Out Financial Statements
What’s new this month? The FASB issued two Accounting Standards Updates in March 2017. ASU No. 2017-07, Compensation – Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretiremen ...Explore
On 7 March 2017, the FASB issued a proposed ASU, Compensation – Stock Compensation (Topic 718). The FASB issued this proposed ASU as a part of its Simplification Initiative to maintain or improve the usefulness of the information provided to the us ...Explore