Lynn Turner, former chief accountant of the Securities and Exchange Commission, has a new job: senior advisor and managing director of the forensic accounting practice at LECG.
Turner, a prominent critic of mark-to-market accounting, is joining a firm that specializes in providing expert testimony in accounting and legal disputes, along with strategic and financial advisory services. Turner is a noted authority on corporate governance, financial reporting and auditing standards. During his tenure at the SEC, between 1998 and 2001, he was a leading advocate of auditor independence rules and international accounting and auditing standards.
While at the SEC, Turner gained a reputation as a strong advocate for greater oversight rules. Turner began working there in 1989. He was instrumental in the issuance of the SEC Concept on International Accounting, which emphasized the need for high-quality financial reporting on a global basis and called for restructuring the International Accounting Standards Board. Prior to the SEC, Turner spent 20 years with Coopers & Lybrand (now PricewaterhouseCoopers), where he was national SEC review partner and head of the firms national high-technology audit practice.
This is an unusual time, and clients need advisors whose depth and expertise can help them navigate turbulent waters, Turner said in a statement.
He will work in LECGs San Francisco office. He joins LECG following five years with Kroll Zolfo Coopers forensic accounting and litigation consulting practice, and later as managing director of research at Glass Lewis.
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