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Exclusive IR Global advisor for Business Advisory Services in France since 2019

Stéphane Bellanger

+33 1 5658 5640



  • Institut Commercial Supérieur of Paris (1990)– Business School
  • Maîtrise de Sciences et techniques Comptables et Financières (1992) – MSc in Finance and Accounting Technology and Techniques
  • Diplôme d’Expertise Comptable (1997) – ICAEW/AICPA equivalent
  • Commissaire aux Comptes (1998)– Certified Legal Auditor
  • CEFA Diploma (Certified European Financial Analyst)(2006) 
  • French Society of Financial Analysts Diploma(2007) 
  • CIIA Diploma (Certified International InvestmentAnalyst)
  • Human Resources Training Programme – EU-Japan Centre for Industrial Cooperation ( this programme provides an opportunity to get within a very short time an integrated in-depth view of Japanese industrial structure and business practices (1 month during May-June 2011)
  • CPA – Mutual Recognition Agreement Québec-France (2018)
  • IMD Lausanne (International Institute for Management Development) Advanced Management Program (2018): Senior executives and C-Suite leaders rarely face issues that come with a specific title such as “marketing”, “finance” or “HR”. Rather, they deal with complex issues that cut across such functional categories
  • INSEAD Singapore (2019): Trends, change, strategy, bottom line – these are just some of the factors that govern and have the power to make or break today’s businesses. To be successful, leaders need to consider new – and often confronting –ways of thinking, exercising judgement to make decisions and motivating their people.


Since 2000      CBM – Paris, France

Partner (CBM is an independent auditing company specialising in professional valuation and consulting services. We combine corporate finance and accounting services.)
5 Avenue de Messine – 75008 PARIS
Tel. +33 (1)56 58 56 40 – Fax +33 (1) 56 58 56 49

1998 – 2000     Mazars Audit & Consulting – New York, USA

Senior Manager

1995 – 1998    Coopers & Lybrand Audit & Consulting – Paris, France (Now PwC France)
Audit & Valuation Manager

1990 – 1995    Salustro Reydel Audit & Consulting – Member of RSM – Paris, France (Now KPMG France)
Audit & Consulting Supervisor


Elected and other positions

  • Member of the “Evaluation” and “Ethics” Committees of the National Institute of Legal Auditors (since 2009) – Compagnie Nationale des Commissaires aux Comptes
  • Member of the Trade Union Council of the French Institute of Chartered Accountants as part of the Paris section delegation (2008)
  • Executive Board Member of the French Institute of Chartered Accountants (between 2005 and 2008) – Paris/Greater Paris Section
  • Member of the Management Board of the French Institute of Chartered Accountants (between 2001 and 2014) – Paris/Greater Paris Section
  • Member of the “Computer Assisted Services”, “Tools and Practice Management (since 2004)and “Certified Auditor” Committees of the French Institute of Chartered Accountants (since 2008)
  • Member of the Regional Institute of Legal Auditors, serving on the “Future of the Profession” (between 2004 and 2012) and “Technical tools for SMEs” Committees (since 2004)
  • Corresponding member of the High Council of the Institute of Chartered Accountants (Conseil Supérieur de l’Ordre des Experts Comptables) in the “XBRL-Edificas” and “XBRL-MarcCom” Commissions (between 2006 and 2010), and, as such, permanent guest in XBRL France & XBRL Europe
  • Member of the “ASP (Application Service Provider)” Commission of the High Council of the Institute of Chartered Accountants (between 2000 and 2001)
  • Member of the “Public Sector” Commission of the High Council of the Institute of Chartered Accountants since 2007
  • Member of the regional IT committee of the Paris Institute of Chartered Accountants (between 2002 and 2004)
  • President of the New School of Economic and Social Organisation (ENOES) Alumni Association – Paris, France (between 2002 and 2004)

Publications and Professional Work


  • Chief editor of the National journal of the French Institute of Chartered Accountants (between 2011 and 2012)
  • Managing editor of the Paris journal of the French Institute of Chartered Accountants (between 2005 and 2008)
  • Author of articles in the Economics & Accounting journal of the French Institute of Chartered Accountants (more specifically dedicated to SMEs), in the SFAF review “Analyse Financière”, in the IFACI (French chapter of the Institute of Internal Auditors – IIA) review “Audit, Risques & Contrôle, in the DFCG (French chapter of the Association of Financial Executives Institutes), and the like
  • Member of the Editorial Board of the journal “IFEC Magazine” (between 2010 and 2012) and of the SFAF Journal “Analyse Financière” (since 2012)


Attendance at conferences and seminars

  • Speaker for CIMA France (Chartered Institute of Management Accountant) “Will, and how will, blockchain technology transform finance and accounting” (Nov 2017)
  • Panellist at “The saga of social information: 40 years of adventure between obligation and digitalization” conference organised by “Institut de l’Audit Social” (May 2018)

Other Professional Work and Activities 

  • Academic Director of the “Accounting Consulting & Auditing” specialised Master and Associate professor, ESG Management School (between 2014 and 2015)
  • Teaching Professor/Lecturer (since 2014) in IFRS, Auditing, Valuation, Corporate Finance, Management Accounting, Financial Accounting, Blockchain, … for various academic institutions (Business schools, Management Schools, Universities, …)
  • External reviewer (since 2018) for the LEaDing Fellows Programme, a joint programme of Delft University of Technology, Leiden University, Erasmus University Rotterdam, Leiden University Medical Centre and Erasmus University Medical Centre and funded through the Horizon2020 Marie Skłodowska-Curie COFUND scheme and offers 90 postdoctoral positions for two year each, at one of the five partners, in order to review the shortlisted applications
  • Member of the French Institute of Directors (since 2009) and requested to join the institute’s “Ethics”Commission
  • Expert/coach/mentor/partner of Neoma & Ieseg business/management schools incubators (since 2017)
  • Member of the French Society of Financial Analysts (SFAF), an EFFAS member (European Federation of Financial Analysts) (since 2005)
  • Member of the “Accounting & Financial Analysis”, “Ethics”, and “International” Committees of the French Society of Financial Analysts (since 2006), and as such, member of the EFFAS “Market Structure” Commission, member of the “Valuation” Committee (since 2012) and member of the “France Autonomous Investment Research” Working Group (since 2014)
  • Co-Chair of the XBRL Europe Working Group “Financial Analysts & Investors Usability Forum” (between 2009 and 2011)
  • Professional Associate Member of the French Private Equity and Venture Capital Association (AFIC – France Invest) since 2017
  • Elected at France Invest Association “Compliance and Ethics” commission (since 2018)
  • Member of the “Young Financial Club” (Club des Jeunes Financiers) and the Centre Parisien des Professions Financières, affiliated to the CNPF (National Centre for Financial Professions) (between 1988 and 2001)
  • Accredited Expert for the APCE program “SMEs Transmission” (since 2009)
  • Quality Controller at the “National Quality Office” of the National Institute of Legal Auditors, in conjunction with the AMF (French financial market regulator) to ensure compliance with professional standards (between2000 and 2007) 
  • Quality Controller of the Institute of Chartered Accountants (between 2009 and 2016)
  • “Ad hoc” expert at IDEAS, the Institute for the Development of Ethics and Action for Solidarity, a non-profit charity, aiming to help with the development of ethical and effective philanthropic action: building the right practices in terms of governance, financial management, and efficiency (since 2009)
  • Expert assisting the Education, Audiovisual and Culture Executive EU Agency with the framework for the management of the Community programmes in the fields of education, audiovisual, culture, youth and citizenship – Leonardo da Vinci programs (since 2010)
  • Evaluator for the Crystal financial transparency Award (2001)


  • English: fluent
  • Portuguese (2 years in Brazil – Liceu Pasteur), Spanish, German: spoken & written moderately
  • Japanese: beginner
  • French: mother tongue

Xing Profile

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About CBM Audit & Conseil

CBM Audit & Conseil

CBM is a young and dynamic firm created in 2000 ​of auditors and accountants and based in Paris, France.

With a reputation built on their commitment to understanding and servicing clients’ needs, their broad experience with international clients has led them to acquire knowledge of international accounting standards (IFRS), US and UK GAAP and to implement high-quality auditing standards. The main activities of the firm are audit, accounting and business advisory services.

CBM would like to take the opportunity to confirm that they have opened a dedicated ‘one-stop shop’ for expatriates and inward investors in France providing:

Assistance and advice on setting up a business including:​

​Liaison with lawyers, bankers and other professionals

Registered office services

Outsourcing payroll services including drafting employment contracts and registration with social security organisations

Bookkeeping and accounting

Annual accounts and tax compliance

Management and financial reporting in English or French

Restatement of French accounts in compliance with IFRS, US or UK GAAP

Assistance during tax and social security audits

Contractual audit

Due diligence

Coordination with other service lines within the firm and with the IR international alliance oversea

A real solution for expatriates and inward investors, they can also help with:

Setting up and/or developing presence in France

Facing language and technical knowledge barriers

When (or if) having limited internal resources and wanting to outsource accounting, tax compliance and payroll

Requiring control and supervision of operations

The IBS (International Business Services) Team comprises:

Partners and staff specialised in international operations

A dedicated payroll and employment law team

Experience of working with clients in a wide range of industry sectors

Responsiveness to client reporting deadlines

Capability in using client accounting software

Please take a moment to visit CBMs blog

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Exclusive IR Global advisor for Business Advisory Services in France

5 Av. de Messine Paris 75008