is an international leader in forensic accounting and corporate governance and author
of Financial Shenanigans: How to Detect Accounting Gimmicks & Fraud in Financial
Reports (McGraw-Hill) 3rd Edition, May 2010. He has been a leading spokesman before
Congress, the SEC, and media outlets about causes and early warning signs of accounting
tricks in public filings. In 2010, Dr. Schilit founded the Financial Shenanigans
Detection (FSD) Group, LLC. In 1994, he founded and ran a global forensic accounting
research organization, Center for Financial Research & Analysis (CFRA) until 2005.
He frequently lectures on the subject of financial shenanigans to investors, bankers, lawyers, journalists and insurers. BusinessWeek featured Dr. Schilit in an article titled "The Sherlock Holmes of Accounting," and Smart Money magazine selected him twice as one of the "Power 30" of investing. A former professor of accounting at American University, Dr. Schilit holds a doctorate in accounting from the University of Maryland.
He frequently lectures on the subject of financial shenanigans to investors, bankers, lawyers, journalists and insurers. BusinessWeek featured Dr. Schilit in an article titled "The Sherlock Holmes of Accounting," and Smart Money magazine selected him twice as one of the "Power 30" of investing. A former professor of accounting at American University, Dr. Schilit holds a doctorate in accounting from the University of Maryland.
