The Accounting Research Manager Group

The Chicago-based Accounting Research Manager Group is a team of experts dedicated to updating and maintaining Accounting Research Manager, the largest and most comprehensive online database of analytical accounting and auditing guidance as well as primary source data. Accounting Research Manager guidance reflects current practice, is updated daily as practice evolves, and forms the basis for the information in STP's Accounting Transactions and SEC Series of publications.

The Accounting Research Manager Group includes principal content experts who have many years of aggregate experience as CPAs and financial reporting professionals. This group is the successor to Arthur Andersen's national Professional Standards Group, which originally developed and maintained the content for Accounting Research Manager. The Accounting Research Manager Group, now owned by CCH Incorporated, a Wolters Kluwer business, has also entered into consulting agreements with notable accounting professionals as lead contributors. These contributors help maintain the currency and relevance of Accounting Research Manager.

Principal Content Experts:

Steven N. Fortney, BBA, CPA

Manager, Accounting Content

Steven Fortney is a manager of Accounting Research Manager’s accounting content. Before Steven joined the Accounting Research Manager Group, he held several positions over a 30-year period with a Fortune 500 company where he was in charge of technical accounting matters, and internal and external financial reporting.

Steven holds a bachelor's degree from the University of Wisconsin — Madison. He is a member of the Wisconsin Institute of Certified Public Accountants.

Lawrence C. Koral, BS, MAcc, CPA

Manager, Accounting Content

Larry Koral is a manager of Accounting Research Manager’s accounting content. Before Larry joined the Accounting Research Manager Group, he held several positions over a 20-year period with several public companies, where he was in charge of external reporting. Prior to his career in private industry, he was a senior accountant in Arthur Andersen’s audit practice.

Larry holds both a bachelor's degree (with an emphasis in accounting) and a master's degree in accounting from DePaul University in Chicago. He is a member of the AICPA.

Paul A. Mackey, BBA, JD, CPA

Manager, SEC Content

Paul Mackey authors and maintains Accounting Research Manager’s SEC content. Paul has held several positions over a 12-year period, focusing primarily on external SEC reporting and technical accounting research. His career has included positions with both Fortune 500 companies and a global public accounting firm.

Paul holds a BBA with a concentration in accounting from the University of Michigan at Dearborn and a JD from The John Marshall Law School in Chicago. Paul is a member of the AICPA.

J. Tim McCormick, BS, CPA

Manager, Accounting Content

Tim McCormick authors and edits Accounting Research Manager’s accounting and auditing content. Tim has 18 years of accounting and audit supervisory experience primarily with large regional public accounting firms. He has also served as an independent business consultant, CFO of the U.S. subsidiary of an international public company, and controller for a private Chicago university.

Tim graduated with high distinction from the University of Kentucky. He is a member of the AICPA and has led seminars for state societies of CPAs and university classes on audit risk and fraud.

Tracy L. Procajlo, BS, CPA

Manager, Accounting Content

Tracy Procajlo contributes to the authoring and maintenance of Accounting Research Manager’s accounting content. Tracy has 13 years of public accounting experience, including several years as a senior audit manager for a prominent Chicago-based CPA firm.

Tracy is a member of the AICPA and the Illinois Society of CPAs. She holds an undergraduate BS degree in accounting from the University of Illinois, Champaign/Urbana.

Lead Contributors:

Donald P. Delves, BA, MBA, EdD, CPA

Don Delves, founder and president of The Delves Group, is a highly sought after consultant and speaker on corporate governance and executive pay and performance. With over 20 years’ experience in consulting with major corporate boards and executive teams across the country, Don helps companies ensure that they are getting what they pay for with their compensation dollars.

Don is frequently interviewed and is cited as an expert in major media, including CNBC, Fortune, The Wall Street Journal, The New York Times, Directors and Boards, and National Public Radio. He has also testified before the U.S. Senate and the FASB on the hotly debated issue of stock option expensing. He is the author of Stock Options and the New Rules of Corporate Accountability (2003, McGraw-Hill) and many articles for a variety of governance, compensation, finance, and accounting publications.

Don is a CPA and also holds an EdD in Corporate Governance from Fielding Graduate University, an MBA in Finance from the University of Chicago, and a BA in Economics from DePauw University.

He is a member of the FASB’s Statement 123R Resources Group, which was organized to address implementation issues identified by companies and their auditors when implementing the requirements in Statement 123R (FASB Accounting Standards Codification Topic 718). He is a member of, and regular speaker for, the National Association of Corporate Directors, the National Association of Stock Plan Professionals, and World at Work.

Prior to founding The Delves Group, Don was a Principal or Senior Consultant at iQuantic, Sibson & Co., Towers Perrin, and Arthur Andersen.

Nina T. Dorata, BS, MBA, PhD, CPA

Nina Dorata is a member of the faculty in the Department of Accounting and Taxation at St. John’s University. Prior to this, she taught at the State University of New York at the College of Old Westbury, where she served as chair of the Accounting and Business Law Department. Additionally, she taught at St. Joseph’s College where she co-founded the Accounting Club. Nina has taught numerous courses in financial and managerial accounting on both graduate and undergraduate curriculums.

Nina’s professional experience includes working as an auditor for Price Waterhouse & Co., where she serviced clients in the financial services and manufacturing industries. She was an assistant vice president of corporate accounting for E.F. Hutton & Co. Inc. and a director of financial reporting at Staff Builders Inc. At present, she volunteers as an audit committee member for the Northport-East Northport School District and as a consultant for not-for-profit entities.

Nina’s research interest focuses primarily on financial reporting and capital markets. She has presented numerous papers to academic forums and has published in peer reviewed journals such as the Journal of Accounting, Auditing and Finance, Managerial Finance, Accounting Forum, Corporate Governance, Review of Business, and The CPA Journal.

Nina earned her PhD in accounting from Rutgers, The State University of New Jersey in 2003. She holds a BS in Accounting and an MBA in Taxation from St. John’s University. She is a member of the AICPA, the New York State Society of CPAs, and the American Accounting Association.

Jeffrey H. Ellis, BSBA, CPA

Jeffrey Ellis is a Managing Director at Huron Consulting Group where he is responsible for conducting independent investigations of financial statement misstatements. Prior to joining Huron, Jeff was a partner in Grant Thornton’s National Professional Standards Group and Arthur Andersen’s Professional Standards Group, where he consulted with engagement teams on a wide range of accounting issues.

Jeff’s primary areas of emphasis include accounting for leases, stock-based compensation arrangements, derivatives, and debt and equity transactions. While employed at Huron, Jeff assisted the FASB in authoring Topic 840, Leases, in the FASB Accounting Standards CodificationTM before the Codification became effective on July 1, 2009.

Jeff has been a member of the Emerging Issues Task Force (EITF) working groups on EITF Issue No. 00-11, “Lessor’s Evaluation of Whether Leases of Certain Integral Equipment Meet the Ownership Transfer Requirements of FASB Statement No. 13,” EITF Issue No. 00-23, “Issues Related to the Accounting for Stock Compensation under APB Opinion No. 25 and FASB Interpretation No. 44,” EITF Issue No. 01-8, “Determining Whether an Arrangement Contains a Lease,” and EITF Issue No. 02-2, “When Certain Contracts That Meet the Definition of Financial Instruments Should Be Combined for Accounting Purposes.”

He has written articles on leasing topics for LJN’s Equipment Leasing Newsletter and co-authored chapters on lease accounting in Equipment Leasing — Leveraged Leasing, published by Practicing Law Institute, and Operating Leases: The Complete Guidance, published by Amembal & Associates.

Jeff is a graduate of Colorado State University, and is a member of the AICPA and the Financial Reporting Committee of the Institute of Management Accountants.

James F. Green, BBA, CPA

Jim Green is an Illinois CPA who helps people understand complex accounting principles through his writing, research, face-to-face training, and consultation.

As a partner in Arthur Andersen LLP's Professional Standards Group (Arthur Andersen’s “national office”), he developed and communicated Andersen's technical accounting positions on derivatives, hedging activities, financial instruments, securitizations, and foreign currency translation — authoring firm guidance and comment letters, participating in the U.S. and international standards-setting process, and consulting with internal and external clients.

Before joining Andersen, Jim managed and was a primary author on financial services issues for the AICPA, working with the U.S. Congress, federal regulatory agencies, private-sector standards setters, and CPAs in industry and public practice on relevant issues and proposals. Jim joined the AICPA after six years of experience serving large publicly held financial services clients at KPMG.