EJ Janik* is a Certified Public Accountant in the State of Texas. He holds a Master of Science in Accounting from Louisiana State University and a Bachelor of Commerce from Rice University. He also attended Loyola University. At LSU in 1978, he received the LSU Department of Accounting Special Appreciation Award and the Beta Gamma Sigma Graduate Award. Mr. Janik's training and education includes over 2,800 hours of continuing professional education.
Mr. Janik has over 38 years of public accounting and financial consulting experience, which includes working for Fortune 500 companies, public, and private entities in a variety of industries including, but not limited to: manufacturing, wholesale, food industry, engineering/construction, environmental, real estate, securities, oil and gas, communications, distribution, transportation, energy, paper, software, medical, estates, insurance, trucking, banking and public/private foundations, among others.
Mr. Janik has worked on 150 financial audits, over 715 business dispute and consulting matters, and has testified in over 84 total cases including over 54 trial/hearing testimonies in eight states (11 Federal, 21 State, 22 Arbitration).
Mr. Janik is President of a certified public accounting firm. His experience includes over seven years with an international public accounting firm, involving financial audits and consulting assignments. His consulting experience includes five years with the then largest full time consulting/dispute resolution firm having held the position of Vice President and Executive Consultant. He also served as Vice President of a state-wide CPA firm.
Mr. Janik has specific experience assisting clients and their counsel in resolving business disputes. He has consulted and testified on financial and management matters for clients, committees and attorneys. His experience includes business dispute consulting, the analyses as to fact and damage issues, economic modeling of costs, lost profits, business reorganization consulting, and document management. These types of engagements involve the following matters: antitrust/pricing issues, audits, bankruptcy analyses, business interruption, business valuations, construction claims, contract disputes, cost determinations, criminal investigations, damage analyses/critiques, debt and capital analyses, dispute resolution, due diligence, energy, environmental claims, feasibility studies, forensic accounting, GAAP, GAAS, fraud analyses/investigations, hazardous waste/remediation, insurance claims, lost profits, mergers and acquisitions, real estate, royalties/commissions/income, solvency, Superfund/environmental claims, tracing, valuations, wastewater, and white collar crime investigations, among others.
The fraud related engagements also relate to: check kiting, unauthorized transactions, embezzlement, credit card transactions, altered bank related transactions, and questionable payments/disbursements, among others.
Mr. Janik is licensed by the Texas State Board of Public Accountancy and is a member of the American Institute of Certified Public Accountants and the Texas Society of Certified Public Accountants. He is a CFF, Certified in Financial Forensics by the AICPA, and a member of the Forensic and Valuation Services (FVS) section. He is a Certified Fraud Examiner (CFE) and a member of the National Association of Certified Fraud Examiners He is a member of FEWA (Forensic Expert Witness Association). He is an associate member of the NACVA (National Association of Certified Valuators and Analysts) and the IBA (Institute of Business Appraisers).
Mr. Janik's experience (a) includes, but is not limited to, matters relating to:
Accounting / Financial Audits - Mr. Janik has extensive audit, accounting, and SEC experience including the preparation and review of annual and quarterly financial reports, 10K's, 10Q's and other shareholder reports. His experience includes initial public offerings, public and private company audits, GAAP, GAAS, due diligence, debt offerings, and state and federal regulatory filing requirements including reporting to state highway departments and utility commissions.
Business and Dispute Consulting / Antitrust - Mr. Janik's experience includes matters involving fact finding, accounting/financial/economic modeling, projections/trend analysis, investigative audits, extensive tracing of assets, reconstruction of business records, merger and acquisition issues, banking issues, contract disputes, cost accounting reviews, government contracts, fraud, trustee mismanagement, due diligence, antitrust, business interruption, insurance claims, business valuation issues, lost profits, forensic accounting, GAAP, GAAS, inventory, income producing assets, fixed assets, credit cards, damage analyses/critiques, color graphics, trial exhibits and testimony, among others. Antitrust issues include financial/economic modeling, variable/fixed costing issues, predatory pricing, among others.
Engineering and Construction (E&C) Environmental/Other - Mr. Janik has over 13,000 E&C auditing hours, over 10,000 E&C consulting hours, and over 15,000 E&C supervised hours. Mr. Janik has extensive experience in assisting numerous clients including multi-billion dollar international engineering, construction, project management companies and home-building clients in financial audits, investigations, joint venture accounting and dispute avoidance and resolution matters. His experience includes evaluating claims and contract disputes, matters of direct costs, cost valuations, indirect costs, overhead, profit, acceleration, delay, disruption, differing site and concealed conditions, defective plans, change orders, terminations, payroll fringe burdens, overhead calculations, prequalification filings, hazardous waste/remediation, and Superfund/environmental claims, among others. He has also provided government contract consulting regarding cost allocations, cost allowability and overhead rates. Mr. Janik's experience includes hazardous waste / Superfund site remediation engagements located in: Arkansas, California, Illinois, New York, Pennsylvania, and Texas.
Real Estate - Mr. Janik has assisted in the reviews and audits of business performance and valuations, cash flow requirements, pro forma operating results, commercial and residential real estate investments and liquidations, among others. These include matters involving national investment/management companies, land developers, high-rise condominium developments, apartments, resort developments, home building companies and commercial contractors.
Bankruptcy/Business Reorganizations/Lending - Mr. Janik has consulted on asset valuations, solvency, insolvency reviews, fraudulent conveyances, pro forma cash flows, pro forma financials, liquidation analyses, restructured credit agreements, pro forma equity valuations, debt and capital analyses, and feasibility studies, among others. In addition, he has analyzed the reasonableness of financial projections, underlying assumptions, and quasi reorganizations including plan feasibility and the adequacy of disclosure statements, among others.
(a) Mr. Janik, prior to graduate school, was a sales representative with Carnation Company. He also was a part-time salesperson of sound electronics for over four years. At LSU, Mr. Janik was the graduate assistant to the Chairman of the Accounting Department.
* Full name: Ernest Anton Janik, Jr.