Razmig Bolkorjian is a Certified Public Accountant and a Partner at CNM LLP, a technical advisory firm in Los Angeles, CA. Razmig has established his career specializing in financial services institutions and real estate companies. He is responsible for overseeing the financial institution practice at CNM and leads many of the firm’s technical accounting and compliance and risk service engagement teams. Razmig specializes in the implementation of current and new accounting standards, such as ASC 326 Financial Instruments – Credit Losses (CECL), ASC 810 Consolidation, ASC 805 Business Combinations, ASC 815 Derivatives and Hedging, ASC 480 Distinguishing Liabilities from Equity, ASC 842 Leases, and ASC 606 Revenue from Contracts with Customers. In addition, Razmig also leads many of the firm’s financial services Sarbanes-Oxley 404(b) and FDICIA compliance engagements.
Prior to joining CNM, Razmig worked at a Los Angeles-based publicly traded community bank as Senior Vice President and Deputy Chief Financial Officer, where he interpreted new accounting and regulatory rules. He was also responsible for FP&A as well as Dodd-Frank Act stress testing, asset and liability management, capital and liquidity planning, and analyzing returns on potential acquisitions. Prior to that, Razmig worked at KPMG as a senior manager in the audit practice. During his time at KPMG, Razmig planned, managed, and performed integrated financial statement audits of multi-national SEC registrants, community banks, mortgage banking institutions and real estate investment companies. He performed audits of SEC and regulatory filings, including forms 10-K, 10-Q, 11-K, 8-K, S-3, and S-4. He also executed audits of allowance for loan and lease loss models and methodologies, equity transactions, acquisitions, derivatives, debt modifications and more.