Richard R. Westerman, Sr.

Rick is managing member of Pacioli Group LLC and provides financial services in diverse areas including litigation support, forensic accounting, contract compliance, financial statement audits, and internal auditing. He has over 30 years of experience in accounting operations, litigation support, and internal control over financial reporting. Rick performs forensic investigations of complex financial transactions regulated by federal and state law. He also provides financial advisory services in contract dispute, financial records re-creation, and accounting irregularities. As CFO of a $170 million manufacturer, Rick was responsible for financial reporting, budgeting, credit management, receipts, disbursements, and internal controls. He led initiatives supporting cash management and working capital improvement programs including vendor terms management, receivables collection strategies, and inventory efficiency programs. 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 participated in due diligence efforts, reporting results to executive management, external auditors and the Board of Directors.

Education
-Roanoke College: Bachelor of Business Administration, Accounting Concentration
Professional Affiliations
-American Institute of Certified Public Accountants
-Association of Certified Fraud Examiners

Course Level: Graduate
Course(s)Taught: FAAM 560: Ecclesial Accounting and Asset Management