Frank A. Wisehart M.B.A., CPA, ABV, CVA, CFE Forensic Accounting, Business Valuations, Economic & Personal Losses, Expert Testimony & Management Consulting frank@wisehart-wisehart.com 7240 Muirfield Drive, Suite 160 Dublin, OH 43017 Tel: (614) 791-2100 Fax: (614) 791-2133 www.wisehart-wisehart.com Certifications CPA - Certified Public Accountant CFE - Certified Fraud Examiner CVA - Certified Valuation Analyst ABV - Accredited in Business Valuation Continuing Education Over 1,700 hours of continuing professional education Professional Affiliations American Institute of CPAs Technical Standards Committee (Review of Substandard CPA Work Product) 2003 to present Ohio Society of CPAs Ethics Committee (Review of Ethical Issues and Substandard CPA Work Product) 2003 to present Background President of Wisehart & Wisehart for past 10 years. 17 years experience as a Controller or Chief Financial Officer. Former Auditor and IT Manager for Ernst & Young, LLP. Nature of Current Work Forensic accounting, fraud, business valuation, economic and Education personal injury damages, accounting malpractice, family law, financial due diligence, bankruptcy, general commercial litigation. MBA, The Johnson School, Cornell University (Ithaca, NY), May 2009 MBA, Queen s University (Kingston, Canada), May 2009 B.S. Miami University (Oxford, Ohio) Majors: Accounting & Finance, May 1988 Presentations / Published Articles 1. Covering your Assets, September 2003, Divorce Education for Women, Columbus, Ohio. 2. Equitable Distribution in Divorce Settlements in Ohio Valuation Issues, December 2003, National Business Institute, Columbus, OH. 3. Nigerian 4-1-9 Scam, Black Money and the Shell Game, Winter Quarter 2003, Columbus Bar Briefs. 4. Sudden Income Deficit Syndrome and the Financial Statement Shell Game, April 2004, Columbus Bar Association, Columbus, OH. Curriculum Vitae for Frank A. Wisehart M.B.A., CPA, ABV, CFE, CVA - Page 1 of 6 -
Professional Affiliations National Association of Certified Valuation Analysts Instructor of Great Distinction 2004, 2005, 2006 & 2007 Instructor of Exceptional - Distinction 2008 Outstanding Member Award 2007 Standards Board - 2005 to 2008 Litigation and Forensics Board - 2006 to 2009 Certification Team Instructor 2004 to present Matrimonial Team Instructor 2006 to 2008 Association of Certified Fraud Examiners 2007 ACFE National Conference Speaker 2009 ACFE National Conference Speaker 5. Fraud Techniques and Valuation Issues, February 2005, Otterbein College MBA program, Columbus, OH. 6. The Market Method Approach to Business Valuations, 2004 2009, in Atlanta, GA, Phoenix, AR, Minneapolis, MN, Orlando, FL, Chicago, IL, Ft. Lauderdale, FL, Las Vegas, NV, and Dallas, TX, San Francisco, CA, NACVA. 7. Facts to Conclusion (for Business Valuation) 2004 2009, in Atlanta, GA, Phoenix, AR, Minneapolis, MN, Orlando, FL, Chicago, IL, Ft. Lauderdale, FL, Las Vegas, NV, and Dallas, TX, San Francisco, CA, NACVA. 8. Discounts and Premiums in Business Valuation, 2004-2008, in Atlanta, GA, Phoenix, AR, Minneapolis, MN, Orlando, FL, Chicago, IL, Ft. Lauderdale, FL, and Las Vegas, NV, NACVA. 9. Calculating Business Damages, 2005 and 2006, in Jersey City, NJ, San Antonio, TX for the Consultants Training Institute. 10. Fundamentals of Litigation Consulting for Business Valuation, December 2005 in Ft. Lauderdale, FL, The Consultants Training Institute. 11. Bernie Ebbers and Fun with Math, Winter Quarter 2004, Columbus Bar Briefs. 12. Dissipation of Marital Assets in Divorce, Winter Quarter 2005, Columbus Bar Briefs. 13. How to Derive the Discount Rate When Calculating Economic Losses, November / December 2005, The Value Examiner. 14. Discovery of Hidden Income and Hidden Assets in Small Businesses and Professional Practices, December 2005 and March 2007 Columbus Bar Association. 15. Forensic Accounting and Valuation in Divorce, May 2006, National Business Institute. 16. Business Valuations, BV Case Analysis: The Market Curriculum Vitae for Frank A. Wisehart M.B.A., CPA, ABV, CFE, CVA - Page 2 of 6 -
Approach, Contributing Author, NACVA, Copyright 2006. 17. Business Valuations, BV Case Analysis: Applications of Discounts and Premiums, Contributing Author, NACVA, Copyright 2006 to 2009. 18. Business Valuations, Case Study: Facts to Conclusion, Corporate Valuation: Theory and Application, Contributing Author, NACVA, Copyright 2006 to 2009. 19. Sticks and Carrots for Private Businesses, November 2006, Dublin, Ohio Chamber of Commerce. 20. Financial Fraud, How Did They Do It?, December 2006, Arlington, Ohio Literary Group. 21. How To Get Evidence and Expert Testimony Admitted into Court, February 2007, National Business Institute. 22. Driving Small Business Value; How Small Businesses Are Valued March 2007, Ohio State Bar Association. 23. Fraud and the Small Business; Yes It Can Happen to You!, March 2007, Ohio State Bar Association. 24. Fraud, Real Life Stories, April 2007, Arlington Ohio Literary Group. 25. Writing Expert Reports, July 2007, Orlando, FL, Association of Certified Fraud Examiners National Convention. 26. Professional vs. Personal Goodwill Webinar author, NACVA, July 2007. 27. Helping Your Client Buy or Sell A Small-To-Medium Business, August 2007, Columbus, Ohio, National Business Institute. 28. Matrimonial Litigation and Support Workshop, Valuation and Appraisal Issues Unique to Matrimonial Engagements, September 2007, Phoenix, AZ, Consultants Training Institute. 29. Financial Fraud, How Did They Do It?, January 2008, Columbus, Ohio, Ohio Conference of Community Development. Curriculum Vitae for Frank A. Wisehart M.B.A., CPA, ABV, CFE, CVA - Page 3 of 6 -
30. Economic and Industry Databases Webinar Series, Morningstar SBBI Database. ValuSource and NACVA, June 2008. 31. Special Purpose Valuations (Fair Value for SFAS 141, 142, 141R and Litigation) 2008-2009, Baltimore, MD, Dallas, TX, San Francisco, CA, Atlanta GA, National Association of Certified Valuation Analysts. 32. The (Expert) Witness, ACFE National Fraud Conference, Las Vegas NV, July 2009. 33. The (Expert) Testimony, Las Vegas NV, ACFE National Fraud Conference, July 2009. 34. The Fundamentals of Expert Reports, ACFE National Fraud Conference, Las Vegas NV, July 2009. 35. Advising the Small Business Client (updated), How Small Businesses Are Valued & Fraud and the Small Business, Ohio State Bar Association, October 2009. 36. Forensic Issues in Litigation, Toledo Bar Association, November 2009. 37. Business Valuation, National Business Institute, Columbus Ohio, December 2009. Frank A. Wisehart Quoted as Expert by: 1. Denver Post s Al Lewis in his March 29, 2005 article Some Execs Have A Need For Greed. 2. Journal of Accountancy s Michael Hayes s November 2006 Article, Be an HR Resource for Your Clients. 3. Business First s Doug Wilder in his January 19, 2007 article, Reputation Damage Inflames Loss Caused by Fraud. 4. Cleveland Plain Dealer s Teresa Dixon Murray in her January 25, 2007 article, KeyCorp Exec Will Admit Fraud. 5. WTAM 1100 AM, Wills & Snyder in the Morning, January 26, 2007 regarding KeyCorp Fraud. Curriculum Vitae for Frank A. Wisehart M.B.A., CPA, ABV, CFE, CVA - Page 4 of 6 -
6. Columbus Business First s Robert Celaschi July 17, 2009 article, Surge in Fraud, Recession Thrust Forensic Accounting into Spotlight. 7. Columbus C.E.O. Magazine September 2009 article, Auditors with Attitude. Expert Testimony Given or Expert Appointed by Court: 1. Jennifer Wright v. Cedar Fair, Judge Flannery, October 2009 2. Pickens v. Pickens, Case #2007 DV 273, Magistrate Elisa I. Branham, March 2009. 3. Heidi s Homemade, Inc. v. Solid Gold Health Products for Pets, Inc., et al, Case #03CVH11-12696, September 2008. 4. State of Ohio v. Gerald A. Little, Case No. 07CR413A, Judge Jeffrey M. Welbaum, May 2008 5. Stone Landings Condominiums v. Stone Landings of Mansfield, LTD et al. v. F.E. Krocka & Associates, et al. v. Mansfield Asphalt Paving, et al. Case No. 05CV-1319H, Judge James D. Henson, November 2007. 6. GLV Excavating v. Barnes, CPA, Case #05CVA-05-5906, Judge Richard Sheward, August 2007. 7. Heller v. Heller, Case #04DR-09-3723 Judge Jim Mason, May 2007. 8. Morrison v. Morrison, Case #06 DRB 10-455, Appointed by Magistrate Steven Weithman, Judge W. Duncan Whitney, April 2007. 9. Robert J. Johnson Case #06-51887, Appointed by S. Rhiel Trustee, Judge C. Kathryn Preston, April 2007. 10. Estate of Lester Borloglou, Case # 520431, Appointed by Judge Lawrence A. Belskis, January 2007. 11. CMACAO Chapter 7 Debtor, U.S. Case #05-58115, Appointed by Chapter 7 Trustee, Judge Charles M. Caldwell, Curriculum Vitae for Frank A. Wisehart M.B.A., CPA, ABV, CFE, CVA - Page 5 of 6 -
November 2006. 12. Patel v. Patel, Case #02CVH-07-7707, Judge Julie Lynch, December 2006. 13. Estate of David A. Marshall, Case #518929, Appointed by Judge Lawrence A. Belskis, November 2006. 14. Lytel v. Simpson, U.S. Case #C-05-01937 JF, Judge Jeremy Fogel, October 2006. 15. Covell v. Covell, Case #04DV 264, Magistrate Elisa I. Branham, September 2006. 16. Warren v. Warren, Case #04DR-06-2336, Judge Carole R. Squire, August 2006. 17. Peninsula Asset Management (Cayman), et al. v. Hankook Tire, U.S. Case #5:04CV1153, Judge David D. Dowd Jr., June 2006. 18. Becker v. Becker, Case #04DR-10-3893, Judge Kim A. Browne, September 2005. 19. United States of America v. Daniel L. Thompson, Case #C2-04-CR-118 (appointed by court as expert for defendant), May 2005. 20. Menke v. Menke, Case #03DR 06-2446, Judge Carole R. Squire, September 2004. 21. Estate of Anita Jackson, Case #46338, September 2001. Curriculum Vitae for Frank A. Wisehart M.B.A., CPA, ABV, CFE, CVA - Page 6 of 6 -