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People in The News < Back Compliance : Sarbanes Oxley : Auditing : Sarbanes Oxley Former SEC Chief Accountant Lynn E. Turner Joins LECG's Forensic Accounting Practice Noted authority on governance, financial reporting, and auditing standards, and veteran advisor who worked on troubled institutions during S&L crisis; Mr. Turner has deep expertise in SEC investigations and corporate governance that bolster the global capabilities of LECG’s forensic accounting practice
As chief accountant for the U.S. Securities and Exchange Commission from 1998 to 2001, Mr. Turner gained a reputation as a strong advocate for greater oversight rules. He was also instrumental in the issuance of the SEC Concept on International Accounting, which emphasized the need for high quality financial reporting on a global basis. It also called for a restructured International Accounting Standards Board. With 30 years of business, regulatory and academic experience, Mr. Turner is a noted expert on financial reporting requirements, corporate governance standards, and economic risk. Prior to the SEC, he spent 20 years with Coopers & Lybrand (now PriceWaterhouseCoopers), where he was national SEC review partner and head of its national high technology audit practice. Announcing Mr. Turner’s arrival, Richard Boulton, head of LECG’s finance and accounting services business segment, said, “When you’re trying to understand and navigate the growing involvement of government in business, Lynn Turner is exactly the straight-talking, experienced advisor you want at your side.” Added Edward Westerman, LECG managing director and global leader of the firm’s forensic accounting practice, “The addition of such a world-class expert to our practice further demonstrates our exceptional commitment to helping clients with their high stakes investigative and accounting litigation needs.” Mr. Turner commented, “This is an unusual time, and clients need advisors whose depth and expertise can help them navigate turbulent waters. I’m excited to work with colleagues I know and respect and who have a strong track record in investigations.Together, we have all the expertise clients need to successfully face a slew of new challenges.” At LECG, Mr. Turner will work in the San Francisco office. He joins LECG following five years with Kroll Zolfo Cooper’s forensic accounting and litigation consulting practice. A graduate of Colorado State University with a B.A. in business and accounting, Mr. Turner earned his M.A. in business and accounting from the University of Nebraska. In his varied career, he has also served as a chief financial officer, board director of companies and investment funds, and a faculty member and director of the Center for Quality Financial Reporting at Colorado State University. He received the SEC Chairman’s Award for Excellence in 1999 and 2000. Married with three grown children, he lives in Broomfield, CO. LECG, a global expert services and consulting firm, with 750 experts and professionals in 31 offices around the world, provides independent expert testimony, financial advisory services, original authoritative studies, and strategic advisory services to clients including Fortune Global 500 corporations, major law firms, and local, state, and federal governments and agencies worldwide. LECG's highly credentialed experts and professional staff conduct economic and financial analyses to provide objective opinions and advice regarding complex disputes and inform legislative, judicial, regulatory, and business decision makers. LECG's experts are renowned academics, former senior government officials, experienced industry leaders, and seasoned consultants.
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