Rick Westerman

CohnReznick LLP

Bethesda, MD


Rick is a director providing financial services in diverse areas including litigation support, forensic accounting, contract compliance, financial statement audits, and internal auditing. He has over 30 years of experience in accounting operations, litigation support, and internal control over financial reporting. Rick performs forensic investigations of complex financial transactions regulated by federal and state law. He is a member of the CohnReznick’s CARES Act dedicated support team which provides accounting support to Paycheck Protection Program loan applicants and recipients. He also provides financial advisory services in contract dispute, financial records re-creation, and accounting irregularities. Rick teaches accounting at The Catholic University of America.

As CFO of a $170 million manufacturer, Rick was responsible for financial reporting, budgeting, credit management, receipts, disbursements, and internal controls. He led initiatives supporting cash management and working capital improvement programs including vendor terms management, receivables collection strategies, and inventory efficiency programs.   

As Director of Internal Audit for a $300 million vertically integrated manufacturer and retailer, Rick implemented a Sarbanes-Oxley based Committee of Sponsoring Organizations (COSO) audit approach. He structured the audit function by using risk modeling questionnaires and aligning efforts with management strategies. He also participated in due diligence efforts, reporting results to executive management, external auditors and the Board of Directors.


· Roanoke College: Bachelor of Business Administration, Accounting Concentration


Professional Affiliations

· American Institute of Certified Public Accountants

· Association of Certified Fraud Examiners






About AIRA

AIRA is a nonprofit professional association serving the bankruptcy, restructuring and turnaround practice area. AIRA's membership consists of accountants, financial advisors, investment bankers, attorneys, workout consultants, trustees, and others in the field of business turnaround, restructuring and bankruptcy. AIRA members are among the most trusted and sought-after professionals in matters dealing with limited capital resources and deteriorating operating performance.

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