Doug M. Wells, CPA

Manager

Doug M. Wells

I enjoy the challenges and opportunities of forensic accounting as I strive to help our clients meet their objectives. I have the privilege of serving diverse clients and industries-it's a constant learning process that drives me forward.

OVERVIEW

Doug's experience is diverse, and he's worked in both the private and public sector. He's well versed in the measurement of damages involving product liability, employee and corporate fraud, wrongful termination, business disputes, wrongful death and personal injury suits, and more. Doug's assisted with a number of business valuations that have been used for estate planning and litigation matters. His skills also extend to tracing assets, analyzing expenses, reviewing financial records and identifying information pertinent to an engagement.

Providing value to clients is Doug's goal. He aims to meet this throughout the engagement process by communicating regularly, defining expectations and providing a quality work product. Doug creates a collaborative environment for both his clients and his team, where everyone's thoughts and input are valued and respected.

When he's not working, Doug spends time with his family, golfs, plays guitar, hikes and enjoys the water by boating, water skiing and wakeboarding. He's been known to sing a karaoke tune from time to time, and he's fluent in Spanish. When it comes to sports, you'll find Doug cheering for the Los Angeles Angels.

QUALIFICATIONS

Memberships

  • American Institute of Certified Public Accountants
  • State of California Board of Accountancy

Designations/Licensures

  • Certified Public Accountant

Education

  • Bachelor of Science, Business Management, Finance emphasis – Brigham Young University, Provo, Utah
  • Master of Science, Accountancy – San Diego State University, California

KNOWLEDGE

Client Work

  • Provided support for hundreds of insurance claims throughout his career, including: losses related to business interruption, contingent business interruption, extra expense and inventory valuation. He has provided these services throughout the U.S. and in Latin America as well.
  • Provided services to both insureds and insurance carriers and strives to be objective in his approach to loss measurement. He recently performed a loss measurement on a hotel that was severely impacted by a hurricane. His recommendations resulted in a settlement for millions of dollars less than what was claimed.
  • Recently testified in court relating to a business dispute between a garment manufacturer in China and a vendor in the Los Angeles garment district. The plaintiff was seeking damages in excess of $1 million, and as a result of his testimony, a $0 verdict was found.
  • Has issued expert reports in both civil and criminal matters.
  • Documented and quantified fraud losses on behalf of businesses and insurance carriers.

COMMUNITY

COMMUNITY

Community Involvement

  • Doug is active in his church and has volunteered with the Boy Scouts of America, and served as an assistant Scout Master for three years.