Kevin Loudon

CPA, MBA

Audit Senior Manager 

Kevin is a Senior Manager in Blackman Kallick’s Audit Services Group, where he focuses on manufacturing and distribution companies and audits of financial statements for employee benefit plans.

His skills and responsibilities include:

• Supervision of audit and review engagements for privately held companies, including food processors, chemical companies, metal stampers, and distributors.
• Analysis of compliance with accounting standards following business combinations by assessing both tangible and intangible assets purchased.
• Analysis of corporate tax provisions, including compliance with uncertain income tax positions, that addresses various matters at federal and state levels.
• Inventory valuation, cost accounting, and related systems.
• Cost accounting, activity-based costing, and related projection preparation for clients.
• Audits of 401(k), 403(b), defined benefit, and other employee benefit plans.

Clients and engagement teams rely on Kevin’s knowledge of manufacturing and distribution companies to deliver value in inventory valuation and related areas. He helps clients develop and implement management information systems, including job-cost systems and activity-based costing systems.

With his knowledge of the Employee Benefits Security Administration (EBSA), Kevin is one of the firm’s technical reviewers for audits of employee benefit plans.

Credentials, Articles and Awards

A CPA and member of the American Institute of Certified Public Accountants (AICPA) and Illinois CPA Society, Kevin was awarded a BS in Accounting with honors from the Eli Broad College of Business at Michigan State University. He also has a MBA from the Charles H. Kellstadt Graduate School of Business at DePaul University.

Kevin contributes ideas and insights through his articles and discussions with clients. He is a regular contributor to Blackman Kallick’s Manufacturing Edge.

 

Articles by Kevin Loudon

• Goodwill Impairment Testing — Simplification May Be Possible
• Fund Growth with Operational Best Practices
• Lease Accounting Changes are Coming
• Capital Spending: Treat It Like An Investment, Because It Is
• Issues Surrounding the Treatment of Business Combinations
• Inventories - Lower of Cost or Market Considerations