Areas of Expertise
Industry Expertise
In connection with his previous employment in public accounting over a
33-year time, Saul Solomon has been responsible for the financial
reporting of privately owned, public, and nonprofit organizations in a
variety of industries including energy, manufacturing and distribution,
retail, construction and real estate, health care, financial,
professional services, and technology. He has served as local
practice leader for audit and financial reporting engagements, developed
an audit and financial reporting department, and was primarily
responsible for technical compliance on financial reporting engagements,
including compliance with the peer-review process.
Mr. Solomon has also provided a variety of financial consulting to corporate clients, including:
- Financial analysis, budgeting, and forecasting
- Tax planning
- Assistance with financing
- Merger and acquisition services, including financial due diligence
- Establishing inventory control and desired levels
- Internal accounting controls and development of policies and procedures
- Analysis of budgetary controls and compliance.
Mr. Solomon specializes in forensic financial investigations, financial and economic analysis in disputes, and valuation of businesses. His experience includes the following areas:
- Damages calculations: lost profits, fraud, punitive
- Forensic and investigative accounting, fraud investigations
- Valuation of business entities
- Intellectual property, trade secrets matters
- Evaluation of accounting and auditing issues, financial reporting, application of generally accepted accounting principles, and auditing standards
- Bankruptcy matters: forensic and fraud investigations, solvency analysis
- Securities fraud, including state and federal class action
- Class certifications financial analysis
- Purchase price and earnout disputes
- ERISA class-action damages
- Accounting and financial reporting fraud
- Oil and gas royalty disputes
- Class-action claims administration
- Alter ego and piercing the corporate veil investigations
- Personal injury, wrongful death, wrongful termination, discrimination, and damage calculations
- Family law and estate matters
Mr. Solomon has provided testimony in state district courts, family law courts, and federal courts; and has testified in excess of 175 times in
over 125 cases, involving a variety of financial, accounting, forensic,
and economic issues. Mr. Solomon has also served as a third-party
neutral arbitrator and has actively participated in mediations and
arbitration proceedings as both an expert and consultant.
Mr. Solomon is a Certified Public Accountant (CPA), Certified Fraud Examiner (CFE), Certified in Financial Forensics (CFF), Accredited in Business Valuation (ABV), and Certified Valuation Analyst (CVA).
Education
- University of Texas at Austin
B.B.A., Accounting (highest honors), 1977
Employment History
- UHY Advisors FLVS, Inc.
Managing Director
1981 - 2010 - Ernst & Young
Senior Auditor
1977 - 1981
Professional Affiliations
- American Institute of Certified Public Accountants (AICPA)
- Texas Society of Certified Public Accountants (TSPCA)
Houston Chapter
- National Association of Certified Valuation Analysts
- Association of Certified Fraud Examiners
Community/Civic Activities
- Children's Museum of Houston
Finance Committee Member and Investment Committee Member
