Michael Schemmann, PhD, CPA, ICPA
Professional banker, University professor of accounting & finance em.
Managing Director of the IICPA Incorporated (Delaware) and Verein (Switzerland)
Michael Schemmann is an ICPA, International Certified Professional Accountant (2016 - present) of the IICPA, the
International Institute of Certified Professional Accountants Verein, and a CPA, Certified Public Accountant in the State of
Washington (1977 to present), as well as a former CMA of the Institute of Certified Management Accountants in Melbourne, Australia (2003 - 2016)
and Authorised Public Accountant (AAPA-ACCA Global, UK, 1981 - xx).
He provides and facilitates accounting services, including intellectual services for the setting of accounting standards, and codes of professional conduct &
practices for International Certified Public Accountants (ICPAs) and applicants from related professional bodies worldwide. He is the author of a number of professional
accounting study guides and
English and German professional publications in the fields of accounting, money and
banking, used in courses preparing candidatges for the ICPA examination.
Education Michael trained as an apprentice at Commerzbank Germany earning Bankkaufmann credentials, took a
Diplom Betriebswirt in Marketing at Pforzheim University of Applied Sciences, an MBA and PhD in Business Administration at
California Western University (now California Coast University) with a dissertation on the analysis of SEC replacement cost accounting,
supported by extensive field work for listed companies in the US and Canada.
Michael Schemmann is Managing Director of the International Institute of Certified Public Accountants
Incorporated which he founded in 2003 and incorporated
in the State of Delaware in 2008, and the International Institute of Certified Professional Accountants, a Swiss
Verein in 2016. Other stations
in his diversified professional career are spanning three continents Western Europe, North America, Southeast and Central Asia:
Founding Managing Director - 2011 to present - Association of Accredited Schools of Business International
incorporated in the State of Delaware.
Chair and Associate Professor of Accounting, Kazakhstan Institute of Management, Economics and Strategic Research (now KIMEP University) in Almaty,
Kazakhstan, the country's first post-Soviet era private English-speaking university serving 4,000 undergraduate and graduate students. Michael published his anecdotes
entitled "The KIMEP Archipelago. Short Stories of a Dissident Professor from Kazakhstan" (available online at Amazon).
Visiting Professor of Accounting & Finance, Assumption University, Graduate Schools of Business, Bangkok, Thailand. Also lecturing at Ramkhamhang University,
Institute for International Studies in Bangkok, and Burapah University's School of Business in Chonburi, Thailand. Michael initiated and taught two semesters of
CMA Review courses.
Professional engagements, working for BDO and KPMG in Germany, and Deloitte in Canada in auditing, special projects and US international taxation.
Country Controller at Basel, Switzerland headquarters of Sandoz, now part of Novartis, including secondment to Vancouver, Canada & Seattle, Washington,
on international transfer pricing project.
Prior experience as Credit Officer at the Bank of Nova Scotia's Corporate Credit, Headquarters on King & Bay Streets in Toronto, Canada, in charge of all major credit applications
form three Western Provinces; junior officer at HiFi author, Paul E. Erdman's, United California Bank in Basel AG; and loan officer at American Express Bank, Zurich, Switzerland.
Michael Schemmann is the author of a number articles and professional accounting, auditing
study guides, and
money and banking books published. His first bilingual English-German book
(1978), entitled "Preparing German Financial Statements," was co-authored by Michael W. Brown, Esq., CPA and partner at Deloitte's Seattle East-Side,
auditor, and subsequently CFO of Microsoft Corporation before he took the position of Chief Operating Officer of the NASDAQ.