Area of Focus
Dispute advisory Financial investigations
Office Location
Boston, MA

Jeffrey Szafran

Principal
Area of Focus
Dispute advisory Financial investigations
Office Location
Boston, MA

About Jeffrey

Jeffrey Szafran focuses on accounting for investigations and dispute advisory services and other internal investigations, business disputes involving damages and lost profits, forensic accounting assignments, white-collar defense assistance, financial reporting matters and business valuations. 


Experience

Jeff has led numerous internal investigations of public registrants into accounting and financial reporting issues. He has assisted counsel in communicating findings to audit committees and has appeared before the U.S. Securities and Exchange Commission on numerous occasions to present investigative findings. These investigations have covered a wide array of accounting and reporting issues, including revenue recognition, stock option accounting, acquisition accounting, cost accounting, income tax accounting, reserve accounting and inadequate disclosure. 

Jeff has provided testimony and advice in various business dispute matters, including numerous purchase price disputes. In this capacity, he has analyzed and prepared damage and lost profit calculations and provided analysis of defalcation schemes. He testified in court as well as at arbitration hearings, including before arbitrators of the American Arbitration Association. He has also served as an arbitrator.

Beginning his career as a financial statement auditor at a Big Four public accounting firm, Jeff has extensive experience assisting companies with financial statement restatements, including the review and analysis of historical accounting records to identify accounting errors, assessments of materiality, and preparation of restated financial statements and related footnote disclosures.

Jeff also brings significant experience in assisting counsel in defense of individuals involved in white-collar cases. His work on these matters has included deposition preparation assistance, review of audit work papers and other relevant accounting records, preparation of issue memoranda for trial counsel and assistance with Wells submissions. He has extensive experience defending auditors against malpractice claims.

In addition, Jeff has given lectures on accounting and fraud on numerous occasions to accountants, lawyers and financial executives. He was a primary author of the “An Analysis of Restatement Matters report that was widely cited by the business press and the General Accounting Office and was quoted in numerous publications, including The Wall Street Journal and CFO Magazine.


Professional affiliations and designations

  • Certified public accountant, Massachusetts
  • Certified in financial forensics
  • American Institute of Certified Public Accountant

Education

  • Bachelor of Business Administration, accounting, University of Massachusetts at Amherst
Area of Focus
Dispute advisory Financial investigations
Office Location
Boston, MA