Richard Westerman
CPA, CFE, CFF, Director

Rick Westerman provides advisory services in diverse areas including litigation support, internal auditing, transaction due diligence, and business process improvement. He specializes in forensic accounting including fraud investigations and damage calculations and has over 25 years of experience in accounting operations, internal control over financial reporting, and automated financial systems. As CFO of a $170 million manufacturer, Rick led initiatives supporting a $42 million working capital improvement program including vendor terms management, receivables collection strategies, and inventory efficiency programs. He was an executive team leader in a $5 million enterprise resources planning software implementation with full responsibility for financial modules.

Rick also led the corporate-wide budget preparation, executive review, and presentation to Board of Directors and major financial institutions. As Director of Internal Audit for a $300 million vertically integrated manufacturer and retailer, Rick implemented a Sarbanes-Oxley based Committee of Sponsoring Organizations (COSO) audit approach. He structured the audit function by using risk modeling questionnaires and aligning efforts with management strategies. He also led due diligence efforts, reporting results to executive management, external auditors and the Board of Directors. Rick teaches forensic accounting as an adjunct professor at The Catholic University of America.

Education

B.B.A., Roanoke College 

Professional Affiliations

American Institute of Certified Public Accountants

Association of Certified Fraud Examiners

American Bar Association - White Collar Crime Committee

Areas of expertise

Industries

Services

Richard Westerman

Office | 301-652-9100

Bethesda, MD

Add Richard to address book
Close

Contact Richard

Let’s start a conversation about your company’s strategic goals and vision for the future.

Please fill all required fields*

Please verify your information and check to see if all require fields have been filled in.

Richard+Westerman [email protected]
Please select job function
Please select job level
Please select country
Please select state
Please select industry
Please select topic

Growth Begins with New Ideas: Attend our virtual events, webinars, and discussion forums.