Dr. Epstein is the author of The Handbook of Accounting and Auditing, published by RIA, the tax and accounting business of Thomson Reuters.

He has been associated with this comprehensive reference work, and its semi-annual updates, for over 18 years.

Dr. Epstein served as the lead author of 26 annual editions of Wiley GAAP (1985 through 2010), 14 annual editions of Wiley IFRS (1997 through 2010), and several other works on U.S. GAAP and international accounting standards, all published by John Wiley & Sons.

Derivatives Accounting Expert

As the the widely respected author of many accounting books, Dr. Barry Jay Epstein, CPA, CFF and his team of forensic derivative accountants are very familiar with FAS Statement 133, Accounting for Derivative Instruments and Hedging Activities.

Read a representative article on Lehman's use of Repo 105 and Repo 108 transactions:
When Window Dressing Becomes Fraud:
Repo 105 was Much More Than Window Dressing 101

Listen to Dr. Barry Epstein on a 3/22/10 podcast on Repo 105 titled
Accounting Troubles at Lehman Brothers (Episode 101)

Parties to derivatives transactions (CDO investors, note holders, institutional investors, hedge funds, liquidators, and others) call on our team for assistance with derivatives accounting relating to bonds, mortgages, autos, receivables, loans, equities, currencies, commodities, indices, published rates or combinations of those assets. Our derivatives accounting services include:

Meet The Expert Barry Jay Epstein, Ph.D., CPA, CFF, is a Chicago-based financial reporting expert, author, and litigation consultant with over 40 years experience as an accountant, auditor, educator, writer and financial executive.

• Expert reports in derivatives litigation
• Derivatives forensic accounting services
• Auditor liability in derivatives matters

Our clients include government regulatory agencies as well as leading law firms in Chicago, New York, Los Angeles, and nationwide.

The SS&G team of forensic accountants can assist you in analyzing GAAP or IFRS standards relating to:

• Financial reporting disclosure requirements
• Fair value (mark-to-market) accounting
• Cash flow hedge derivatives
• Earnings recognition of gains or losses
• Derivative hedges for foreign currency exposure
• Impairment of derivative assets
• FAS Statement 133 implementation

 

As disputes over the hundreds of billions of dollars issued in credit default swaps (CDS), mortgage backed securities (MBS), collateralized debt obligations (CDO) and other derivatives evolve into courtroom litigation, our derivative accounting experts are available to help.

Click here to learn more about our derivative accounting services or to contact a derivatives expert.