Privately Held Case Studies Finance and Accounting

  • Forensic Accounting

    A healthcare company was informed by one of its employees that the person in its highest accounting position might have been using the company’s funds inappropriately. As a result, the client had Warren Whitney’s Cyndy Lowery discreetly investigate whether or not there had been any misappropriated funds.

    Read or watch the Richmond Times-Dispatch’s “60 Seconds With: Cyndy Lowery” to learn more about how forensic accounting can help businesses and organizations. (Click “Read More” to access the direct link.)

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  • Chief Financial Officer

    As this company grew to five locations, the owner realized the need for executive level accounting and financial management. He needed someone with CFO-level knowledge, but realized that the company still did not require a full-time CFO position. The client engaged Warren Whitney to fill the need for a part-time CFO. Rique Flato served as the primary professional working one or two days per week and providing oversight of the client’s bookkeeper and the preparation of financial statements.

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  • Interim CFO

    After suddenly losing its CFO, this year-round resort needed a quick replacement that could manage financial operations, finish the year-end audit, support planning for a major capital expansion, hire and train a replacement, and understand the member-oriented aspects of the business. Having worked with Warren Whitney on a previous occasion, the client engaged Scott Warren to become interim CFO.

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  • Interim CFO

    A privately held manufacturing company had grown rapidly without adequate accounting systems and controls. When Cyndy Lowery, an owner and director of Warren Whitney, was engaged to work with the company, the president was not receiving timely financial statements, information was not being entered accurately into a newly created job cost database, and the bank had issued strong warnings that its relationship with the company was at risk. The bank ultimately demanded a change in banking relationships.

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