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Richard Wolf

Principal

410.900.1083  | 

Richard Wolf, CPA/ABV, CFE, CVA, CGMA, provides forensic and litigation support services for fraud and marital dispute cases as well as business valuation services. He also has a soft spot for helping nonprofits with strategic planning.

 

You Might not know

Believe it or not, Richard’s wife’s maiden name is Fox. Thankfully, she decided not to hyphenate her name after they got married. They have three kids they call their cubs.

Richard Wolf, CPA/ABV, CFE, CVA, CGMA, is a principal in the firm’s Forensics & Litigation Support, Business Valuation and Nonprofit Groups. Richard specializes in providing litigation support services, including valuations of closely-held businesses, forensic accounting and fraud investigations, and income determination in marital disputes.

Richard is trained as a financial neutral in the collaborative process, a voluntary dispute resolution process in which divorcing couples settle without resorting to litigation. He also provides a variety of accounting, tax and consulting services, including strategic planning facilitation services, to private businesses and nonprofit organizations throughout the Mid-Atlantic region.

He regularly presents to family law attorneys throughout Maryland and Virginia as part of the firm's divorce seminar series. He has also presented to members of the Virginia State Bar Association and the National Business Institute.

With 20+ years of public accounting experience, Richard was named one of Baltimore’s “SmartCPAs” by SmartCEO magazine and was a finalist of the magazine’s “Power Player Award.” He was also named to Baltimore Business Journal’s “40 Under 40 Award” list.

Richard serves on the board of the University of Baltimore Accounting Advisory Board, Loyola University Maryland’s Accounting Advisory Board, and Beth Tfiloh Dahan Community School’s Board of Trustees. He also served on the boards of the Maryland Association of CPAs and American Institute of CPA’s Women’s Initiative Executive Committee. He serves on the steering committee for Gross Mendelsohn's women's initiative.

In addition to being a CPA and a Chartered Global Management Accountant, Richard is a Certified Fraud Examiner and Certified Valuation Analyst, and Accredited in Business Valuation by the American Institute of CPAs. He serves as an instructor for both Maryland Nonprofits and the Maryland Association of CPAs’ Business Learning Institute.

Education

  • Bachelor of business administration degree in accounting, Emory University, Goizueta Business School (1996)

Affiliations

  • American Institute of CPAs
  • Association of Certified Fraud Examiners
  • Maryland Association of CPAs
  • Maryland Nonprofits
  • National Association of Certified Valuators and Analysts

More Fun Facts

  • Richard was born three months premature and weighed 2 lbs. 10 oz. He was so small that he easily fit into a shoe box.
  • When he’s not playing with his kids, Richard enjoys watching the Ravens and Orioles.

Articles By Richard

Business Owners Can Learn Lessons from Sports Team’s Embezzlement Case

Jeffrey David, the former chief revenue officer for the NBA’s Sacramento Kings, recently pleaded guilty to charges of wire fraud and identity theft in a scheme that misappropriated approximately $13.4 million of the team’s funds. Mr. David, who was the corporate officer responsible for generating revenue for the Kings, directly negotiated sponsorship, partnership, and other advertising and marketing agreements between the Kings and outside companies. According to the plea agreement, Mr. David directed some of those companies to wire some of their payments to bank accounts held in the name of a limited liability company under his sole control, Sacramento Sports Partners, LLC.  There are lessons business owners can learn from the Sacramento Kings' embezzlement case. Let's look at how the perpetrator embezzled funds, how the scheme was uncovered, and the ways it could have been avoided.

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Using a Financial Neutral In a Collaborative Divorce

When people think about the divorce process, they often imagine combative couples and attorneys at each other’s throats. They picture a process completely void of trust among the parties, along with a cut-throat effort to “win” at any cost. Times have changed. These days, a growing number of divorcing couples are choosing alternatives that involve cooperation and good faith. One of those alternatives is known as a collaborative divorce.

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Your Nonprofit Needs a Mission and Vision Statement

Mission and vision statements are an essential element of running a successful and forward-thinking nonprofit. Not only do mission and vision statements serve as the foundation for all organizational programs, goals and activities, but these statements also serve as tools to better educate the public on who your organization is and what you do.

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