Following are representative Niche+ assignments for which JE Moore was retained or referred by CPA firms to assist their clients or contacts with specialized needs:
- Provided forensic accounting, fraud investigation, and litigation support services on sixteen large and small assignments for a boutique CPA firm.
- Served as expert fraud and litigation consultant in connection with an embezzlement situation for a CPA firm client. Reviewed documents, conducted interviews, and performed other investigative procedures. Recommended installation of computer key-logger system, video surveillance camera, and expert interviewer to aid in admission-seeking interview session that yielded a written confession and successful engagement conclusion.
- Retained by stockholder of a $3 million/yr industrial parts/equipment distributor that was suffering from severe operating losses, poor accounting records, and excess and obsolete inventory. Performed financial statement analyses, developed detailed weekly/monthly cash and collateral projections, compiled actual-versus-budget reports, developed segmental profit/loss analysis, reconciled vendor accounts, and generated liquidation analysis.
- Worked closely with the President, external auditor, and outside investor group of an $8 million/yr HVAC contractor to help avert a cash-crisis situation due to severe financial distress. Helped generate accurate financial statements, 13-week and annual cash forecasts, and overall business plan.
- Served as court-approved accountant in Chapter 11 bankruptcy proceeding involving a $5 million/yr construction contracting company. Retained by the company’s outside counsel several months prior to petition filing to provide a variety of CFO and controllership functions, including general accounting and financial statement preparation, cash flow, loan collateral, and viability analyses. Assisted with a variety of pre-petition planning and information gathering tasks, and with post-petition reporting to management, the creditors’ committee, and to U.S. bankruptcy court.
- Provided initial-year J-SOX (Japanese version of SOX) consulting and staffing assistance for a $250 million/yr sporting goods manufacturer and distributor, the U.S. subsidiary of a multi-billion dollar Japanese-based global public company. Responsibilities included overall scope determination, project and staffing plan development, design of documentation methodologies, identification of key processes and sub-processes, preparation of key process narratives and risk/controls matrixes.
- Assisted on an internal controls assessment engagement for a publicly-held $8 billion/yr business outsourcing provider. Documented processes and key controls and made remediation recommendations in seven process areas.
- Provide consulting assistance on three separate initial-year SOX 404 projects for SEC-registered clients of three different CPA firms. Areas of focus included scope determination, project and staff planning, process, risk, and controls identification and documentation, and control environment assessment.
- Helped plan and conduct an internal controls assessment and enhancement project for a $1 billion/yr pharmaceutical company. Helped developed the engagement methodology and provided assistance with documenting, testing, and evaluating risks/controls in key process areas. Provided recommendations for needed control improvements.
- Retained by the CFO of a publicly-held $450 million/yr distribution company to provide SOX 404 leadership and consulting assistance for the company’s initial-year compliance initiative. Focused on scope determination, project and staffing plan development, identification of key processes and sub-processes, and risk/controls matrixes and documentation methodologies.
- Provided SOX 404 consulting assistance to the Board of Directors and senior management of a publicly-held $400 million/yr distribution company. Helped establish year-one compliance methodologies, prepared detailed project and staffing plan, and led the project management and controls documentation functions. Performed comprehensive assessment of the capabilities and effectiveness of the company’s 12-person finance and accounting function.
- Assessed capabilities of the CFO of a foreign-owned $5 million/yr sporting goods manufacturing company and evaluated existing internal controls for design effectiveness as they related to asset misappropriation and financial reporting risks. Prepared comprehensive written and verbal reports to the parent company Chairman of the Board of Directors.
- Enabled a commercial and residential real estate developer to continue with timely bill paying and bank loan draws for numerous banks/projects while the company’s controller was on maternity leave. This assignment spanned ten weeks and consisted of a JE Moore associate working on-site for 2-3 days each week.
- Engaged by the owner of a $15 million/yr residential homebuilder to provide consulting and staff augmentation services involving the development of a P&L and cash budgeting/forecasting system and the modification and updating of a detailed key performance indicator tracking/reporting system.
- Provided CFO and controller consulting assistance to an affiliated group of construction companies with a combined revenue of $8 million/yr. Provided advice and assistance to clean-up the company’s financial statements and job cost records which had become significantly out-of-balance due to a poorly-executed system conversion which occurred earlier in the year. Helped establish new accounting procedures, controls, and management reports, and trained accounting manager in their use.
- Served as interim CFO for real estate development company with five active office/retail/residential multi-use projects in four states, and operating through over 60 legal entities. Helped develop business plan and strategy to facilitate a planned $100 million debt and equity restructuring. Worked directly for the organization’s Chairman and the President and provided technical and general guidance to the company controller. Assisted in recruiting permanent real estate industry CFO to the company and worked with the new hire to transition him into the organization.
- Provided part-time CFO services over a 17-year period for a consortium of the largest banks in Georgia. Designed, installed, and managed the accounting and reporting systems needed for this unique entity, which made over $100 million in mortgage loans. Was heavily involved in the development and administration of the liquidation/dissolution process, handling disposal of hard assets, employee terminations, office shutdown, financial reporting, cash forecasting, cash receipts and disbursements, and coordination of independent auditor procedures. Gave deposition testimony as fact witness in connection with lawsuit relating to the sale of the group’s remaining $65 million loan portfolio.
- Engaged by a $3 million/yr commercial painting contractor to perform SSARS review procedures and issue independent accountant’s report on the company’s financial statements. Procedures involved extensive accounting “clean-up” procedures in the areas of receivables, payables, revenues, and percentage-of-completion job cost accounting.
- Retained by the CFO of a $30 million/yr company that was divested from its prior parent company organization, a $1 billion/yr public company. Led the effort to design and implement new treasury management systems and processes and related banking relationships capable of handling the company’s cash management needs as a stand-alone entity operating in over 35 states.
- Performed reconstructive accounting procedures in the areas of payables, revenues, costs, and percentage-of-completion accounting for a $4 million/yr waste-water facility construction contractor, in connection with a SSARS financial statement review engagement. Final report was used by the company to obtain a performance bond for large construction project.
- Investigated and resolved $1.6 million accounting discrepancy discovered during year-end audit, and just prior to the unexpected death of the Controller, of a foreign-owned $100 million/yr distribution company. Led the investigative reconstruction effort, focusing on activity in inventory, payables, and inter-company accounts. Later retained by the company’s CFO to design and implement improved internal controls and procedures and a new financial reporting system, as well as a comprehensive twelve-month and three-year budgeting/forecasting and financial analysis system.
- Led the large-scale accounting “clean-up” required in connection with a CPA firm’s independent financial statement audit of a $20 million/yr medical industry service provider. Audit report was later used to facilitate a sale of the company.
- Reconstructed financial records and generated year-end financial statements for a $5 million/yr distribution company. Involved extensive account analyses/reconciliation in the areas of cash, accounts receivable, inventory, prepaid assets, trade payables, accrued expenses, revenues, and direct/indirect costs.
