Accounting Expert Dr. Barry Jay Epstein of Cendrowski Corporate Advisors to Speak at the Asia Pacific Auditing and Assurance Conference 2014

Chicago, IL (PRWEB) July 08, 2014

Dr. Barry J. Epstein, CPA, CFF, internationally recognized forensic accounting expert and principal at Cendrowski Corporate Advisors (“CCA,”, will be a guest lecturer and participant in two panel discussions at the Singapore Accountancy Convention 2014: “Staying Ahead of the Curve.” The conference, organized by the Institute of Singapore Chartered Accountants (ISCA), will be held at Marina Bay Sands in Singapore from July 30 through August 1, 2014.

Dr. Epstein, who spoke about strategies for combating fraud in financial reporting and related white collar crimes at a 2013 international conference in Bali, Indonesia, returns to the Asia-Pacific region for this accounting forum attended by hundreds of international accountants.

On Thursday, July 31, Dr. Epstein will be part of a session that focuses on “Addressing Complexities of the Business World: Taking the Bull by its Horns.” In his presentation, “The Last Few Laps to Being Truly Global: The Remaining Convergence Projects,” Dr. Epstein will discuss the just-announced revenue recognition standard and explain what it means for businesses and their bottom lines. He will also address accounting for leases and for financial instruments. These are three of the most critical financial reporting areas still to be fully converged in the decade-long effort to reach a “meeting of the minds” among the world’s major standard-setting bodies.

Following his presentation, Dr. Epstein will participate in a panel discussion about “Reporting the Substance of Transactions in an Increasingly Complex Business World,” and whether these standards achieve their purpose. The panel will also tackle the issue of communication with investors, taking into account its value, relevance and recommended frequency.

On Friday, August 1, Dr. Epstein will be presenting in the session, “Quality Counts: Scaling New Heights.” His lecture will specifically focus on, “Addressing Deemed Fraud Risks Arising from Management Override of Controls and Manipulation of Revenue Recognition: Lessons Learned from Past Cases.” He will conclude with a panel discussion about “Driving Quality from the Top: Are Auditing Firms Doing Enough and What is Enough?”

“Dr. Epstein’s participation in this important international conference is a testament to his expertise on relevant issues in accounting, auditing and assurance, ethics, and integrated reporting,” says Founding Member and Managing Director Harry Cendrowski. “We are proud to have him represent Cendrowski Corporate Advisors.”

As part of CCA’s team of litigation experts and authors, Dr. Epstein is widely recognized as an expert on U.S. Generally Accepted Accounting Principles (“GAAP”), IFRS, and U.S. Generally Accepted Auditing Standards (“GAAS”). He is a frequent expert witness who has worked extensively with attorneys and U.S. regulatory agencies in the areas of securities litigation, white collar defense, financial reporting fraud, and accountants’ malpractice.

Dr. Epstein served as the author of The Handbook of Accounting and Auditing (RIA, Thomson Reuters), from 1998 through 2013. For decades he was the founding lead co-author on two authoritative reference works on U.S. and international accounting standards (Wiley GAAP and Wiley IFRS). Dr. Epstein has also written or contributed to scores of articles on auditor liability and other finance, accounting, and auditing topics that have been published in legal and accounting journals.

Based on his decades of experience as an author, Dr. Epstein distinguishes himself with the depth and clarity of Rule 26 or equivalent reports that clearly describe relevant accounting, auditing, and financial reporting standards for attorneys, judges, and jury members.

About the Cendrowski Companies

Cendrowski Corporate Advisors ( is a full-service financial consulting and litigation support firm with offices in Chicago, Ill. and Bloomfield Hills, Mich. The firm provides highly personal services to clients in the legal, private equity, banking, corporate, and non-profit industries. Since 1983, CCA and its affiliates have worked hand in hand with attorneys and litigation support personnel to provide forensic accounting, business valuation, investigative and dispute advisory services. CCA also provides risk assessment and back office administration.

Founding member Harry Cendrowski, CPA/ABV, CGMA, CFF, CFE, CVA, CFD, MAFF, is the lead author of “Enterprise Risk Management and COSO: A Guide for Directors, Executives, and Practitioners” (Wiley 2009), “Private Equity: History, Governance, and Operations” (Wiley, 2008), and “The Handbook of Fraud Deterrence” (Wiley, 2006). The Michigan-based tax and accounting firm of Cendrowski Selecky PC ( is an affiliated company.

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Survey By News Blog Show Significant Increase In Use of Litigation Support For Modern Corporate Legal Defense Strategies

Astoria, New York (PRWEB) December 27, 2012

Popular news Blog reveals the findings of a survey conducted on mid to large size corporations which suggests that a growing number of these corporations are employing teams of litigation support specialists for guidance in legal proceedings and strategies. These teams of legal specialists take a comprehensive approach to the law because they are typically made up of former prosecutors, ex-law enforcement officials, attorneys, corporate investigators, forensic accountants, computer forensic specialists and journalists.

The results of the survey in fact showed that among executives conducting business internationally, employing a litigation support services team was rated nearly as important as conducting due diligence prior to finalizing a merger or business transaction. Other topics of great importance to executives conducting business internationally included matters relating to corruption internationally and the Foreign Corrupt Practices Act (FCPA), background http://www.nar [investigations __title__ investigations] of potential employees, consultants, vendors and business partners as well as the tracing of assets internationally.

The findings regarding the importance of litigation support among respondents is not surprising given the increasing complexity of the corporate and legal landscape faced by enterprises today.

Litigation support typically involves the use of team that operates independently from the lead litigation team. These specialized teams focused on supporting the lead counsel offer various forms of critical support. Among the litigation support activities listed as most important according to the findings of the survey were: the designing and building of custom tailored investigative plans, the finding and interviewing of potential witnesses in the support of legal strategies for litigation efforts, the analysis of information and raw data to uncover its potential for use in evidence, investigations into the credentials of potential expert witnesses, the tracing and locating of financial assets across borders, and investigations into the nature of undisclosed relationships between parties.

According to one survey respondent: When faced with potentially harmful allegations, hiring a team of professionals in litigation and business intelligence can mean the difference between the life and death of a business you have worked so hard to build. Every company big and small needs a team of legal professionals for guidance and support through difficult times,.

About is an online news Blog dedicated to educating its readers on a multitude of topics ranging from cutting edge technological advancements, financial market and global business news, politics, health information technology, telecommunictions, software and mobile technology, Internet marketing and more. A purely digital organization, is committed to gathering and reporting on information that will enhance the lives of their readers and is always at the forefront of technology news and events giving its readers insights, entertainment, and quality information to use for themselves and their businesses.