Kimber Bascom

Kimber Bascom

Partner, Department of Professional Practice, KPMG LLP

Kimber is a partner in the Department of Professional Practice (DPP)  in New York where he monitors the activities of the Financial Accounting Standards Board (FASB), the emerging issues Task Force (EITF), and other accounting standard setters.

As DPP's Topic Team Leader and Real Estate audit sector liaison, he provides technical accounting assistance to engagement teams and clients in the Financial Services Industry.  He addresses issues related to accounting for transfers and servicing of financial assets and was the principal author of the KPMG Guide to Consolidation of Variable Interest Entities.

From 2000 - 2002, Kimber was a Practice Fellow at the FASB where he served as project manager and participated in resolving various Derivatives Implementation Group issues. He also provided consultation and technical advisory assistance to SEC staff and banking regulators on proposed regulations and guidance.

Kimber holds a BS degree in Accounting and Business Administration from Atlantic Union College. He is also a licensed CPA in Massachusetts, New York and Texas, and a member of the AICPA's Accounting Standards Executive Committee.