David D. Brooks CPA, CVA

David D. Brooks is the Managing Partner of D. Brooks & Associates CPAs and provides senior-level technical accounting, valuation, and tax leadership to growing businesses facing complex financial reporting and audit requirements.

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With more than 25 years of experience across accounting, valuation, tax, and assurance services, Mr. Brooks is most often engaged when financial reporting issues require judgment, technical depth, and coordination across multiple disciplines.   Mr. Brooks previously served in senior technical leadership roles within national accounting firms.

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His work frequently supports companies preparing for audits, resolving stalled or high-risk audit situations, and addressing complex accounting matters that internal teams lack the capacity or experience to manage independently.

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Professional Focus

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Mr. Brooks specializes in technical accounting and valuation matters that intersect with financial reporting, audit review, and tax accounting, including:

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• Audit readiness and technical accounting support

• U.S. GAAP interpretation and application

• Fair value measurement and valuation support

• Income tax accounting and related disclosures

• Financial reporting and assurance engagements

 

He brings a practical, audit-aware perspective to complex accounting issues, emphasizing accuracy, documentation, and defensibility.

 

Areas of Technical Expertise

 

Mr. Brooks’ experience includes extensive work in the following areas:

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• Business combinations, including reverse mergers

• Valuation of businesses and complex financial instruments

• Equity-based compensation and stock-based awards

• Complex debt and equity transactions

• Consolidations, including variable interest entities (VIEs)

• Impairment assessments and valuation support

• Revenue recognition under U.S. GAAP

• Income tax accounting and disclosures (ASC 740)

• Lease accounting (ASC 842)

• Foreign currency reporting

• Inventory accounting, including LIFO

 

These matters are often addressed in the context of financial statement audits, reviews, valuations, and audit support engagements.

 

Assurance and Professional Experience

 

Mr. Brooks has led and performed a wide range of assurance and reporting engagements, including:

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• Financial statement reviews and compilations

• Specialized assurance engagements, including Custody Rule examinations

• Audit support and coordination with external auditors

 

His experience allows him to anticipate audit issues, prepare documentation auditors rely on, and reduce unnecessary rework during the audit process.

 

Thought Leadership and Instruction

 

Mr. Brooks has served as a continuing professional education (CPE) instructor on a range of advanced accounting, valuation, and auditing topics, including:

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• Accounting for complex debt and equity transactions

• Variable interest entities

• Compilation and review engagements

• Business valuation for CPAs

• Accounting and auditing updates

• Liquidation basis of accounting

 

These presentations reflect his focus on practical application of technical standards rather than theory alone.

 

Leadership Philosophy

 

Mr. Brooks’ approach is grounded in the belief that complex accounting issues are best resolved through:

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• Clear identification of technical issues

• Sound judgment grounded in professional standards

• Thorough documentation

• Direct coordination with auditors and advisors

 

His role is not to push positions, but to arrive at technically sound conclusions that withstand scrutiny.

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Contact

To discuss audit readiness, valuation, technical accounting, or related matters: