Stephen Pedneault is the principal of Forensic Accounting Services, LLC, a local CPA firm in Glastonbury, Connecticut specializing only in forensic accounting, fraud investigations, and litigation support matters. His technical expertise and intuitive investigative awareness have garnered him the respect of the legal, accounting and law enforcement communities. As a result, Steve is called upon as a litigation expert on an ongoing basis and is considered a highly regarded member of legal teams.
Working in public accounting for over twenty-four years, Steve is a Certified Public Accountant (CPA), a Certified Fraud Examiner (CFE), Certified in Financial Forensics (CFF) and a Forensic Certified Public Accountant (FCPA). He has an Associate’s Degree in criminal justice from Manchester Community College and a Bachelor’s Degree in accounting from Eastern Connecticut State University, where he graduated Summa Cum Lauda.
Steve has recently authored four books. Fraud 101, published by Wiley was released September 2009. It is a straightforward guide that explains the nature of financial fraud. His second book, Anatomy of a Fraud Investigation, (Wiley) was released in January 2010 and is a one-of-a-kind resource walking you through one complete fraud investigation, from the original tip to conviction in court. Preventing and Detecting Employee Theft and Embezzlement, A Practical Guide, released in June 2010 (Wiley) is an eye-opening book offering business professionals an insider look at the different ways embezzlement occurs in businesses with advice for keeping their companies from becoming victims of embezzlement and fraud. Forensic Accounting and Fraud Investigation for Non-Experts, (Wiley) was released in March 2012, and details the process of discovering fraud, how it occurs, and what to do about it. He has also contributed to three fraud-related casebooks.
Steve has written numerous articles appearing in local and national publications. Business and student organizations request him to speak on a wide variety of subjects including forensic accounting; fraud prevention; risk assessment; embezzlement; probate concerns; business valuation and other related topics on an ongoing basis. He is often referenced and quoted in articles appearing locally, regionally and nationally.
Through his investigative work, Steve has examined frauds ranging from a few thousand dollars to amounts well in excess of $5 million dollars. His expertise also lies in preventing and investigating embezzlements and financial statement frauds, evaluating financial disclosures in matrimonial and probate concerns, as well as other types of forensic accounting matters.
As an adjunct professor to the University of Connecticut faculty, Steve has authored an innovative course on forensic accounting that has been offered since 2008 as an online class within UConn’s Masters of Science in Accounting (MSA) program. The course provides an overview of forensic accounting, identifying the qualities and attributes required of a forensic accountant, and provides students with an approach and skill set to enable them to perform a forensic accounting assignment.