Expert in Financial Forensic Analysis, Management Consulting, Tax and Accounting
Working with CPA firms, Expert has performed financial audits, tax analysis, and preparation of Federal and State taxes for income, payroll, and sales.
Expert's experience in Corporate accounting has meant preparing financial statements for large and small companies, but has also included managing accounting departments and reporting to the Board of Directors on systems and internal operations. Expert has performed internal audits and system reviews, managed system implementation and worked as liaison for external (CPAs) audits for both public and private companies. One example of Expert's experience is that of managing the consolidation of accounting and tax reporting for a publishing company with 7 corporations and 12 divisions.
Expert has managed accounting departments for both large and small entities, including his current position as CFO at a forensic consulting firm. Analysis of financial information and presenting that information in a clear and understandable manner has been one of Expert's strengths.
Expert has also worked as a consultant for Fortune 500 companies in the areas of systems auditing, tax review, accounts payable and receivable review, cash flow and determination of ability to service debt.
Accounting data and financial statements are a company's communication of its strengths and weaknesses in the industry in which it operates. But that information must be analyzed from the perspective of internal accounting systems, management accounting philosophy, financial history and industry comparisons. Making financial information understandable to management, so that information can be used to direct operations, is the primary purpose of internal accountants and financial management.
However, for a financial consultant to be effective there must be an understanding of how the accounting information affects and interacts with all key parts of the business. The four key parts to any business are Production, Marketing and Sales, Information (including accounting), and Human Resources.
In management roles, Expert has set up product pricing and costing systems, budget set-up and implementation, organized staffing for multiple division companies, and actually changed the culture of a company by changing management structure and interaction with employees.
Over the last 3 years Expert has focused on forensic accounting or analysis of financial information as it relates to dispute resolution for mediation and trial. Case work has included cost analysis, cost summaries, analysis of delay costs, and project valuations from an accounting perspective.
Forensic Accounting: Expert prepared reconciliations and cost summaries for a client in a construction defect case. Expert proved that the opposing accountants/experts missed over $300,000 in project costs and payments, representing 15% of the settlement amount. Expert's clear presentation of the financial data to the opposing accountants and mediator contributed to an expedited resolution. Consulting/Auditing: Expert's analysis of the accounts payable system at a Fortune 100 company resulted in over $3.5 million in cash returned to the client, with continuing savings because of recommendations for system improvements.
Two public utilities asked Expert to review sales and use tax issues and resulted in recoveries of over $2 million and with the implementation of best practices and review procedures, these companies have seen savings of over $200,000 per year since the engagement.Accounting Systems: Expert has set up automated accounting systems for a variety of clients in several industries. One example is a large company with 12 divisions. Accounting was prepared manually and Expert coordinated the instillation and implementation of the new computer based system.Management Consulting: Expert has been involved in many management consulting engagements. Engagements have ranged from strategic planning, exit strategies, incorporating and business set-up and planning, estate and tax planning, marketing strategies, advertising and sales campaigns, business analysis, budgeting, pricing and costing, and HR planning.
One of the engagements Expert is most proud of is one in which he was able to change the corporate culture by adjusting management structure to a team oriented approach. This resulted in employees becoming engaged in increasing productivity.
Expert may consult nationally and internationally, and is also local to the following cities: Los Angeles, California - San Diego, California - Long Beach, California - Santa Ana, California - Anaheim, California - Riverside, California - Glendale, California - Huntington Beach, California - San Bernardino, California - Chula Vista, California
|Year: 2004||Degree: MBA||Subject: Business Administration||Institution: Arizona State University|
|Year: 1984||Degree: BBA Accounting||Subject: Accounting / Business||Institution: National University|
|Years: 2008 to Present||Employer: Undisclosed||Title: CFO / Consultant||Department: Corporate||Responsibilities: Business focusing on litigation support to the construction industry. Expert's responsibilities include accounting systems, administration, human resources, business analysis and planning. Develop systems and structure for company’s strategic growth. He also, manages forensic accounting and strategic planning engagements for the firm.|
|Years: 2007 to 2008||Employer: Kingman Winslow, LLC||Title: Tax Consultant||Department: Tax||Responsibilities: Tax and business consultant for firm’s clients. Developed tax strategies for small business clients and prepared individual, corporate and partnership federal and state tax returns. Assist with systems and procedures for implementation as needs of the firm dictated in a high growth company.|
|Years: 2000 to 2007||Employer: PRG Schultz International, Inc.||Title: Senior Consultant/Auditor||Department:||Responsibilities: Consulting / auditing client systems of Fortune 500 companies and public utilities. Duties included review of company systems, specifically accounts payable, tax, fixed assets and purchasing to identify areas where better internal controls and best practices could be implemented and reported findings to management. The ultimate goal of the review was to identify and recover over payments by the client, primarily within the company systems or departments noted above.|
|Years: 1998 to 1999||Employer: McKenzie Laboratories, Inc.||Title: General Manager and Controller||Department:||Responsibilities: General management and business development for analytical laboratory; multiple departments with approximately 60 employees. Full P&L responsibility, charged with responsibility for merging or acquiring other laboratories in the pesticide residue, biotech and environmental sectors of the industry. Instituted changes in management structure, updated pricing strategy, reorganized sales team, and restructured the financing of business assets for new business focus.|
|Years: 1989 to 1998||Employer: CTA / Park CPA’s||Title: Director & VP||Department:||Responsibilities: Company was started to provide consulting for businesses in accounting, accounting systems and cost accounting. Management included directing the work of 6-10 employees in tasks ranging from professional/consulting, marketing, tax and accounting, to clerical. Consulting business grew to encompass strategic planning with specific areas that included cash management, risk management recommendations, sale / acquisition analysis, product pricing, cost accounting, financial planning, taxes, marketing and sales strategies, asset planning and employee benefit programs.|
|Years: 1982 to 1989||Employer: Scripps Howard||Title: Assistant to Tresurer||Department: JPSN||Responsibilities: Responsible for oversight of ten division controllers, consolidation of accounting, budgeting and financial activities. Responsible for consolidating and preparation of federal and state corporation tax returns for controlled group of companies. Liaison with independent CPA audit firm and audit committee for preparation of annual financial audit. Managed projects, including accounting for merger of two large corporations with assets in excess of $10 billion. Performed several internal reviews for the Board of Directors to evaluate personnel and systems.
|Years: 1980 to 1981||Employer: Mucha Cheng and Company, CPA’s||Title: Accountant||Department:||Responsibilities: Focused on financial audit engagements for clients such as cable manufacturers, electrical wholesalers, real estate developers, and real estate sales groups. Prepared sales and use tax and payroll tax returns.|
|Expert Witness Experience|
| Expert has been designated an Expert Witness in several cases in California State Court. His compilation and analysis of information relevant to these cases has resulted in resolutions exceeding the expectations of the attorneys and clients.
It is evident from Expert's interaction with other forensic accountants in these cases that his strength is in his ability to look at a situation in its entirety, but also support his opinions with detailed analysis and clear presentation.
In one of Expert's larger cases project work involved determining project value, project costing, determination of lost revenue, analysis of delay, and re-creating books for the company to demonstrate total cost and cost categories.
|Other Relevant Experience|
|The skills utilized and services provided include: Forensic Accounting; Cost Auditing; Project Cost Verification; Delay and Acceleration Claims; Effects of overcharges/Change Orders; Fraud Analysis; Risk Assessment