HAVE YOU HEARD OF HURON?

Up until a few hours ago when a colleague called me to tell me about this story, I had never heard of Huron.  Then I did some research.  Huron was a consulting firm started by a group of Anderson partners and employees after the firm’s collapse.  Here is the first element of their mission statement from their web site:

OUR MISSION
Value, respect, and serve our people and clients, operating with integrity so as to earn and deserve their trust.

From one article on-line today, “A dose of added irony is that Huron makes its money providing financial and legal consulting services, including forensic-style investigative work, and tries to help clients avoid these types of mistakes.” (wsj.com).

So how is the firm who works with Fortune 500 companies and universities with complex reporting issues like this now having to restate the last three years of financial statements, at the same time replacing their CEO, CFO and CAO?

Another black eye for those of us practicing in public accounting.

We have the resources to get to the bottom of your most complex financial matters. Our team of forensic accountants brings a varied background of experience to each matter.

Heading the team is Stephen A. Pedneault. A CPA and forensic accountant, Steve is also a Certified Fraud Examiner (CFE), Certified in Financial Forensics (CFF) and is a Forensic Certified Public Accountant (FCPA). He brings nearly three decades of accounting and fraud investigation experience to the firm.