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Expert has a degree in accounting and has applied this training in analysis of source documents and recording of business transactions into end user financial reports. Expert has analyzed business transaction needs and internal and external reporting requirements to evaluate accounting software to suit the needs of the business and selected and implemented software changes including setting up internal control systems to ensure accounting system integrity. The result of this implementation was greater security of financial data including a system of determining which users made changes and additions to the accounting information. As a Chief Financial Officer and a Controller, Expert as applied principles of accounting in a corporate setting including setting up corporate policies regarding human resources to maintain compliance with state and federal employment laws, and policies regarding credit review and approval which resulted in a uniform standard of evaluating potential customers and minimizing risk of default on credit sales. Expert has written policies on usage of corporate credit cards and on reimbursable expense charges which resulted in a clear standard for employees to follow in determining whether an expense was proper for the business. Expert set up the procedures and trained staff on data entry of accounting information. These procedures insure standardized and uniform entry of information, and gave employees clear direction on treatment and classification of information. Expert designed and implemented the corporate intentional control structure ensuring a standardized month end closing procedure designed to evaluate information for errors and to alert senior organizational leaders of potential fraud or miss-allocation of corporate resources. Expert has used his expertise in corporate finance to evaluate current and future needs of the company and write proposals for different types of financing structures including equity and debt investment with both private and banking sources. Expert has successfully gained financing for companies through traditional banking sources and has participated in structuring private debt and equity investment. Expert has advanced training on derivative classification, futures transactions, financial options and financial swaps. Expert directed the accounting department in the proper booking of these complex financial transactions and was responsible for the financial reporting of these transactions as well as the notes accompanying the financial statements. Expert has performed fair market value valuation of derivatives, futures contracts, option contracts and swaps.

As a business consultant Expert has used cost accounting methods in the evaluation of product pricing. Working with the business owner Expert gained knowledge of the businesses manufacturing process including procurement and pricing of raw materials, labor involved with manufacturing and an evaluation of facilities and administrative costs that need to be segregated into direct and indirect costs to determine the true cost of the product. This allowed the business owner to evaluate sales pricing to provide an optimal profit margin. Expert has applied principles of management accounting and knowledge of business operations in his role as CFO and as a consultant. As the CFO Expert has been required to prepare operational budgets and evaluate those budgets against actual results. This provided business owners and department heads with necessary information to evaluate their procurement policies and also provided feedback for management of expenses. As a consultant Expert has assisted businesses with setting up operations including assisting with registration of the business with government agencies. Expert has participated in corporate strategic planning including forecasting revenue and expenses and putting together cash flow plans to ensure the success of the businesses growth strategy. Additionally, Expert put in place a cash flow reporting system which allowed a company in a high cash flow risk industry to ensure that management was able to respond to unforeseen cash needs quickly without impacting the company’s ability to continue operations in other areas. Expert has utilized Quicken accounting software and was previously certified as a QuickBooks ProAdvisor. Expert has utilized spreadsheet software for a number of types of data manipulation and evaluation including using Excel as a tool for managing large volumes of inventory information and using Excel to consolidate multiple operations for financial reporting. Expert has designed employee benefits packages and administered those programs. Expert has processed payroll for large companies including commission calculations, payroll deductions, quarterly payroll tax returns to state and federal agencies and has performed these services for small companies. Expert has worked with payroll processing companies outsourcing payroll tasks and monitoring vendor performance to ensure compliance with all state and federal guidelines minimizing the risk that the company would be found negligent in its payroll procedures.

Expert has been licensed in the state of Minnesota to sell Life Insurance products and Health Insurance products. He has been trained on annuity contracts and how they are administered, he has been trained in field underwriting of disability and life insurance products and he has consulted with businesses and individuals, evaluating their risks and risk tolerances putting in place risk programs that include life insurance, health insurance and disability insurance. Expert has experience working with workers compensation insurance putting in place policies at companies that he was performing the duties of the accounting controller. Putting in place a worker’s compensation program is an integral part of a company’s risk management program ensuring that employees are covered in the event of an injury or illness that is related to the work being performed. Expert has extensive training in insurance sales practice including prospecting techniques, solution based selling and working with clients to document risks and propose product solutions that address those risks. Expert has performed as an expert witness in, business litigation, arbitration and criminal cases. He has prepared law enforcement reports document the facts of incidents that he has investigated. Expert has been deposed related to accounting practices, internal controls, equity calculations and general business practices. Expert has been cross examined as a witness regarding accounting practices, internal controls, business practices, transaction classifications and financial reporting.

He has worked with a small retail manufacturing company, from the companies inception. He worked with the owner to register the company to do business in the state, registered with the IRS and the state to withhold and remit sales tax on merchandise sold. He set up the accounting system, and set up the record keeping and administrative system, training the client on record keeping requirements. Currently working with the client on month end closing of the accounting records, analyzing manufacturing costs to maximize profits of the retail side of the company.He worked with client on closing the accounting records monthly and processing the payroll, filing quarterly state and federal payroll tax returns. He closed the accounting records annually and worked with tax preparer to ensure that the annual partnership tax return was completed and processed annual W-2 forms and 1099 Misc forms for independent contractorsHe helped a client that had purchased all outstanding shares of the company and setup new company including fair market value calculations of assets purchased. Currently working with client on a monthly basis to ensure accurate month end close and preparation of monthly internally prepared financial statements.He worked with a client setting up the accounting system and completing the bookkeeping activities of a purchase of a public company, recorded the company interest in a joint venture and the sale of shares to the joint venture. He set up the revenue recognition system and advised on the proper accounting treatment of distributions to owners.