Sep 26th 2013
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By Jason Bramwell
Forensic accounting and litigation support firm Boucher Stickley Group LLC (BSG), based in New York City, has merged with White Plains, New York-based WTP Advisors, a global tax and business advisory firm.
Under the terms of the merger, BSG will now become the forensic accounting practice area at WTP Advisors.
"WTP partnered with BSG to bring the specialized skill set of forensic accounting to our Fortune 100 client base, further bolstering our ability to provide best-in-class advisory services," Ian Boccaccio, cofounder and partner at WTP Advisors, said in a written statement.
BSG is known for its pioneering systems used to perform complicated quantitative analysis related to controversy resolution.
"We are the ones who sift through the details, analyze and interpret complex financial transactions, investigate the paper trail, and re-create what actually happened - whether providing support in a litigation dispute or offering consultation as to whether the books and records of a subsidiary accurately portray business operations or show some evidence of internal fraud," Timothy Stickley, who cofounded BSG with David Boucher, said in a written statement.
Boucher founded the software and consulting company Decision Modeling Inc. (DMI) in 1996, which provided software and consulting dedicated to the highly complex Global Interest Netting calculations required by many large corporations. Stickley joined Boucher in 1997 and eventually became president of DMI. WTP Advisors acquired DMI's consulting arm, Interest and Penalty Advisors LLC, in 2011.
Boucher and Stickley are both CPAs and certified in financial forensics.
"With our unique skill sets that include system design and creation and highly quantitative capabilities, coupled with the accounting knowledge demanded of a CPA, Timothy and I are a natural fit for forensic accounting and litigation support," Boucher said in a written statement.