Ernest Dixon has more than twenty-five years of experience in accounting, auditing, and consulting for Fortune 500 and middle-market clients.
He is an expert in the interpretation and application of generally accepted accounting principles (GAAP). He specializes in accounting and financial reporting for derivatives, revenue recognition, asset impairments, business combinations, and accounting and ratemaking for regulated industries.
His work has included accounting investigations, white-collar criminal consulting, commercial litigation consulting, expert witness testimony, financial due diligence, professional malpractice claims, and business combination transaction structuring.
Employment History
Navigant Consulting, Inc.
Managing director
Arthur Anderson
Senior manager
KPMG
Senior manager
Education
New Mexico State University
BS, Accounting, 1986
Credentials
Certified Public Accountant, New Mexico
Professional Affiliations
American Society of Certified Public Accountants
Member
Case Work
Mr. Dixon’s selected experience includes:
- Led an independent investigation for the SEC concerning the revenue recognition related to software contracts, year-end cutoff issues, and determination of revenue allocated to delivered and undelivered elements of software and maintenance and support activities
- Investigated accounting irregularities by financial institutions involved in using special purposes entities including synthetic leasing structures, hedging vehicles, partnerships, joint ventures, and trust-issued debt-linked securities, and related swaps and options
- Prepared an expert report and was deposed in the interpretation and analysis of the application of SFAS 121 on separate international lines of business in the US District Court, Northern District of Georgia, Atlanta Division in connection with a class-action commercial litigation
- Prepared an expert report and testified concerning the fair-value accounting (mark-to-market) of complex energy trading derivatives, in the US District Court, Southern District of New York in connection with a commercial dispute concerning the acquisition of an energy-trading operation