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DAVID N. ELIFF

MANAGING DIRECTOR

As a management advisory consultant, Mr. Eliff has been engaged by numerous firms as interim CFO/CRO or in the lead financial advisory role.  He has worked with workout departments at Wells Fargo, Citibank, JPMorgan Chase, Bank of Japan, Bank of America and U.S. Bank, PNC and BBT to name a few.  His consulting engagements have involved, transaction advisory, litigation support, accounting forensic analysis and expert testimony in financial and accounting disputes.  Mr. Eliff has vast background and corporate recovery turnarounds and business valuation.

Dispute consulting engagements have involved independent and objective investigating, assessment and quantifying of economic damages. Using his CFF (Certified in Financial Forensics by the American Institute of Public Accounting) skills, his transaction due diligence experience enables him to make initial exposure assessments, identify financial issues, assist with pleadings and discovery, assess damages, critique expert reports and testify as an expert witness.

Mr. Eliff has 32 years (10 years in public accounting last with PriceWaterhouse in 1995 and 22 years currently as the Interim Chief Financial Officer of ProServ (North and South America).  Highly experienced in joint ventures with the Majors in Mid-Stream, Up-Stream and some Down-Stream sectors.  Mr. Eliff is the joint venture financial executive for the accounting and reporting on oil and gas reserves and their delivery to consumer markets for these joint ventures. An expert in accounting and reporting with partners tapping into the country’s tremendous shale oil and gas reserves, primarily here in the southwest part of the United States.  Mr. Eliff has generated detailed and precise ROI projections on the greater offshore exploration in the outer continental shelf of the Gulf of Mexico. He has assisted in the enormous opportunities — notwithstanding the  widespread impact of lower energy costs and the export potential of liquefied natural gas and crude oil — and challenges — including regulatory and policy issues and renewed competition between natural gas and oil. Mr. Eliff is a senior energy executive with unparalleled experience at the forefront of energy policy and industry operations. He has the economic, financial and regulatory expertise to help Companies’ tackle challenges and take full advantage of opportunities throughout the energy supply chain.

Forensic accounting engagements have involved lost and incremental profits, collateral sales, price erosion, manufacturing and marketing capacity, presence or absence of non-infringing substitutes, prejudgment interest, infringer’s profit, potential comparable licenses, determination of appropriate royalty rate, and both forecast and actual profits.  His business valuation experience has involved tax and corporate reorganization, stock option valuation, estate and gift taxes, buy-sell agreements, partnership and shareholder disputes, medical malpractice, mergers, acquisitions and disposals, and management buy-outs and expropriations.

Previously Mr. Eliff has held management positions at LECG, LLC and in the restructuring group at PriceWaterhouse, and he has served as the CFO for a publicly-traded software firm and an energy services firm. He is licensed as a Certified Public Accountant (CPA) in the state of Texas, Certified in Financial Forensics (CFF) by the AICPA, and is a candidate to holding the Chartered Financial Analyst designation. Mr. Eliff earned his bachelor’s degree in Accounting from Texas Tech University and is a member of both the American Institute of Certified Public Accountants and the Turnaround Management Association.

Bachelor of Business Administration in Accounting, Texas Tech University, 1994

 

  • Certified Public Accountant (CPA), 1985
  • Certified in Financial Forensics (CFF), 2008
  • Member: AICPA, TSCPA, Turnaround Management Association, Financial Executive Institute