Gareth Lea has more than 25 years of experience in financial investigations, accounting, and auditing. As an expert in financial fraud, investigations and audit malpractice cases, Gareth advises attorneys, companies, boards and audit committees on a variety of related financial and business matters. He has held various C-level roles with several companies throughout his career. Most recently, Gareth worked as part of the Forensic Adviser team supporting the U.S. Department of Justice (DOJ)-Appointed Independent Compliance Monitor and Auditor of Volkswagen AG – one of the largest and most high-profile corporate compliance monitorships in history.
As part of the VW monitorship team, Gareth served as the lead audit and internal controls adviser in connection with the oversight of vehicle development, emissions testing, vehicle homologation and certification matters. Working across the VW and Audi global brands, Gareth combined technical audit expertise with practical, business-oriented solutions and counsel, ensuring that the DOJ’s mandate, as well as the Monitor’s responsibilities were addressed in an effective and efficient manner. In addition, Gareth led the planning, communications and reporting of activities between the Monitor team, the Company’s Project Management Office, and business units, working with senior level employees and Board members.
Gareth’s areas of expertise include forensic investigations, financial due diligence, audit malpractice, purchase price disputes, and technical accounting matters, in accordance with U.S. Generally Accepted Accounting Principles (GAAP), Generally Accepted Auditing Standards (GAAS) and International Financial Reporting Standards (IFRS). This has included work involving revenue recognition, complex purchase accounting, promotional allowances, inventory valuation and accounting, accounting reserves, financial reporting and disclosure issues, and accounting records reconstruction.
Gareth’s experience in litigation and white-collar crime defense includes providing oral and written expert testimony, pre-trial consulting, and attending depositions as counsel’s financial and accounting adviser. He applies significant expertise in corporate compliance and the assessment and remediation of internal control deficiencies.
Gareth has worked with clients across a range of industries, including technology, pharmaceuticals, financial services, automotive, energy, healthcare, and manufacturing, in the U.S., Asia and Europe, and has assisted small, closely-held businesses as well as blue-chip, multi-billion dollar, international, publicly-traded companies.
Prior to joining StoneTurn, Gareth served as Chief Operating Officer (COO) for a leading California based provider of medical and health services. He also worked as Chief Compliance Officer (CCO) and head of asset management at a New York-SEC registered hedge fund that provides senior secured loans to the middle market. Previously, he held senior accounting and auditing positions with several professional services organizations, including two Big Four accounting firms in Asia and the U.S.
Gareth has contributed to the Asset Based Finance Journal, served as a panelist at industry conferences, and been a guest lecturer at the Syms School of Business at Yeshiva University in New York.
He is a Certified Public Accountant (CPA) in New York and Texas, Certified in Financial Forensics (CFF), a Fellow of the Institute of Chartered Accountants of England & Wales, and a member of the American Institute of Certified Public Accountants (AICPA) and the Association of Certified Fraud Examiners (ACFE).