Penn Consulting Group, P.C.

 
 
 
Penn Consulting Group, P.C. (“PCG”), a registered Certified Public Accounting firm, was founded in Philadelphia in 1997 by former members of Coopers & Lybrand’s (now PricewaterhouseCoopers) SEC Audit Group. The Firm maintains its headquarters in Plymouth Meeting,
a suburb of Philadelphia.
  Penn Consulting Group, P.C. concentrates its effort on forensic accounting examinations of public companies, and applies these skills primarily in supporting Federal securities litigation, in general commercial litigation matters, and in SEC investigations.
     
Penn Consulting Group, P.C. is a team comprised primarily of Certified Public Accountants with backgrounds that include extensive audit, tax, valuation and reorganization experience with Big Four public accounting firms.   Members of the firm are highly credentialed academically, and hold many advanced degrees, including:
  • Ph.D. Degrees and Masters Degrees in Finance
  • MBA Degrees in Finance, Accounting and Taxation
  • Masters Degrees in Engineering
  • Law Degrees
     
Penn Consulting’s members have extensive experience in all phases of Federal securities actions and commercial litigation, including the initial investigatory phase wherein the securities or contract violations (including GAAP and GAAS violations) are identified and documented with witness statements and documentary evidence. The engagement teams are particularly adept at assisting counsel in translating this information into specific and supportable allegations that withstand the stringent pleading requirements of the Federal Securities Reform Act, or other pleading standards.
  Once discovery commences, the Firm's auditors are proficient at reviewing document production to further support the allegations, and to assist in supporting depositions and in critiquing opposing expert reports. The Firm's valuation and corporate finance experts work with our forensic accountants in preparing or supporting the preparation of an expert report that is supportive of the action. Our graphics and visual aid team has exceptional skills in translating complex business concepts into readily understandable demonstrative evidence for use at trial.
     
The Firm’s principals and staff have skill and experience in the analysis of underlying corporate accounting issues and financing transactions, as they related to company prepared and audited financial statements. PCG’s members stay current on all emerging Sarbanes-Oxley reporting requirements, as well as those promulgated by the American Institute of Certified Public Accountants.

Most importantly, PCG has the ability to assess the impact of these reporting requirements on entities in many specific industries.
  Certain PCG’s members have years of experience in commercial litigation environments, particularly in Delaware courts, in areas such as the Uniform Commercial Code and contract law. Some have been qualified to testify in deposition and at trial in Federal District and Bankruptcy courts, State and Municipal courts and in arbitration proceedings.

Our practice is international in scope, and our client base currently includes numerous Fortune 100 companies, other large and small corporations, law firms, insurance companies, and many institutional investor groups and agencies.
     
 
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