Cindy Kielkucki is part of FTI Consulting’s SEC & Accounting Advisory group that provides technical accounting guidance, financial reporting assistance, and process improvements to clients who are contemplating, in the process of completing, or have recently completed complex transactions. She brings over 20 years of experience providing accounting and advisory services to a global client base including technical accounting, revenue recognition, IPO, merger, acquisition, divestiture, spin-off, fresh start accounting, restatement and other transactional support. She has managed large-scale engagements with cross-functional teams that have included technical accounting, financial reporting, data aggregation, valuation, tax, internal audit, system re-design and implementation, third-party service providers and external auditors.
Prior to joining FTI Consulting, Ms. Kielkucki was a Managing Director in KPMG’s Accounting Advisory Services practice where she was the lead of the bankruptcy accounting service line and co-led the restatement service line. She managed bankruptcy and fresh start accounting projects for business enterprises in valued from $300 million to $12 billion, assisting with accounting and reporting issues while in Chapter 11 bankruptcy and the adoption of fresh start accounting. She provided support that included preparation of predecessor and successor financial statements and drafting 10-Ks and 10-Qs, correspondence with the SEC, and technical accounting support.
Ms. Kielkucki also supported a global investment manager related to its acquisition of locally based publishers out of Chapter 11 and subsequent IPO of its publishing business. She assisted the acquiree with fresh start accounting financial statements and preparation of registration statement on S-1, assisting in correspondence with the SEC, advice on SEC filing requirements, technical accounting advice, and planning and executing on Day 1 readiness, as well as assisting the acquirer with harmonizing accounting policies and processes of two companies. Ms. Kielkucki also supported the investment manager related to its acquisition of rail tracks out of Chapter 11. Her assistance included preparation of financial statements, Rule 3-05 pro forma assessment, and consolidation.
Ms. Kielkucki also managed a large multi-functional revenue restatement project of over $1 billion in revenues leading to recreation of accounting ledgers and processes, preparation of updated SEC filings and accounting policies, including software revenue recognition.
Ms. Kielkucki is a frequent speaker on matters related to fresh start accounting, as well as business combinations and SEC reporting requirements, and has written and presented bankruptcy and fresh start training courses for the advisory practice, national office, audit clients and the Association of Insolvency and Restructuring Advisors.
T: +1 708 860 9431
227 West Monroe Street
Chicago, IL 60606
Bankruptcy Process & Contingency Planning