AICPA 'Standing Ovation' honors Scott Lockhart ’98 (NDP) from Oxdale Ventures as a Top Young CPA in Forensic and Valuation Service; achievement recognized at AICPA’s Forensic and Valuation Services conference.
The American Institute of CPAs (AICPA) Standing Ovation program has recognized 1998 Notre Dame alum Scott Lockhart as one of 25 CPAs age 40 and under to be honored for their contributions to the areas of forensic accounting and business valuation. Lockhart, who also serves along with the other talented young Standing Ovation CPAs from across the country, was honored at the AICPA's 2016 Forensic & Valuation Services (FVS) Conference in Nashville in November.
The Standing Ovation program recognizes young CPAs who exhibit outstanding professional achievement in specialization areas, such as forensic accounting and business valuation. Requirements for nomination to the Standing Ovation program for the FVS specialty area include maintaining an active CPA license, being an AICPA member in good standing, and holding either a Certified in Financial Forensics (CFF) or Accredited in Business Valuation (ABV) specialty credential. Nominees must be 40 years old or younger.
“Scott was honored this year for having demonstrated significant accomplishments in the areas of forensic accounting and business valuation,” said Jeannette Koger, CPA, CGMA, AICPA's vice president of member specialization and credentialing. “The AICPA’s Standing Ovation program was developed to identify those CPAs who are rising stars in the accounting profession, particularly in their area of specialization.”
In addition to business valuation and forensic accounting represented by the FVS Section, the Standing Ovation program recognizes young CPAs who exhibit exemplary professional achievement in personal financial planning and information management and technology assurance. The nomination period for personal financial planning and information management and technology assurance are currently open.
More on Scott Lockhart:
Scott Lockhart, CPA/ABV, is the founder/owner of Oxdale Ventures LLC, a holding company for founder Scott Lockhart’s portfolio of companies, investments and real estate purchases. Oxdale Consulting performs management consulting roles for small and medium-sized businesses with a focus on finance and operations.
In addition to his time spent on his personal ventures, Lockhart is a founding partner at Tower59 LLC and is responsible for performing and reviewing Tower59’s valuations through Simple409A.com and for the financial operations of the company. Simple409A.com has worked with over 300 companies in four years as a leader in fixed-price, efficient 409A valuations. Simple409A.com has developed global relationships supplying valuations to companies throughout the United States, England, Japan and South Korea.
Prior to founding Tower59, Lockhart was a controller at The Suburban Collection, Michigan’s largest auto dealer group, while remaining an active partner at Tower59. He oversaw a department managing over $500 million in revenue and thousands of auto sale transactions. He was also the CFO at Insurance Point, an entrepreneurial start-up insurance brokerage firm focusing on the healthcare industry.
Lockhart began his career and spent eight years at PricewaterhouseCoopers in the assurance practice where he was a licensed CPA. There, he spent four years performing core audit services, including Sarbanes-Oxley compliance work, for large, public multi-national clients before moving to England to join the firm’s UK practice. In the UK, Lockhart audited subsidiaries of many SEC registrants. He also worked in the UK’s Learning & Education practice, helping to roll out the firm’s new audit software. He completed his time at PwC working on the global entity’s Learning & Education team writing and teaching training courses around the world. Lockhart holds an MBA from the University of Oxford and two BAs in accounting and health and physical Education from Hillsdale College.
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About Notre Dame Preparatory School and Marist Academy
Notre Dame Preparatory School and Marist Academy is a private, Catholic, independent, coeducational day school located in Oakland County. The school's upper division enrolls students in grades nine through twelve and has been named one of the nation's best 50 Catholic high schools (Acton Institute) four times since 2005. Notre Dame's middle and lower divisions enroll students in jr. kindergarten through grade eight. All three divisions are International Baccalaureate "World Schools." The Marist Fathers and Brothers sponsor NDPMA's Catholic identity and manages its educational program. Notre Dame is accredited by the National Association of Independent Schools, the Independent Schools Association of the Central States and the North Central Association Commission on Accreditation and School Improvement. For more on Notre Dame Preparatory School and Marist Academy, visit the school's home page at www.ndpma.org.