Barry Jay Epstein

Barry Jay Epstein, Ph.D., C.P.A.

Partner – RNCO Financial Litigation Advisors

Russell Novak & Company, LLP

225 West Illinois Street

Suite 300

Chicago, Illinois 60610

(312) 222 1400


  • Expert witness and consultant in commercial disputes, particularly those involving issues of application of accounting principles (GAAP), auditing standards and practices (GAAS) and financial analysis
  • Forensic accounting and fraud auditing
  • Consultation to corporate management and directors regarding corporate governance, particularly with regard to financial reporting and oversight of the independent auditors
  • Accountants’ malpractice consultation and expert witness assignments
  • Consultation on application of international accounting and financial reporting (IFRS)


University of Pittsburgh

Ph.D. - 1979

Information Systems, Finance, and Statistical Decision Theory

University of Chicago

M.B.A. - 1969

Accounting, Economics and Behavioral Sciences

DePaul University - with high honors

B.S.C. - 1967

Accounting and Finance

C.P.A., Illinois, 1967 - winner of national and state honors


  • Illinois CPA Society (former chairman, Accounting Principles Committee)
  • American Institute of Certified Public Accountants (former member, Board of
  • Examiners, and chair of the Auditing Subcommittee of the Board)
  • American Accounting Association, International Section
  • American Mensa, Ltd.


  • Lead co-author, Wiley GAAP: Interpretation and Application of Generally Accepted Accounting Principles (revised annual editions beginning in 1985; John Wiley & Sons, Inc.).
  • Author, Handbook of Accounting and Auditing, (semi-annual updates beginning in 1998; Warren, Gorham & Lamont, a division of Research Institute of America).
  • Lead co-author, Wiley IFRS: Interpretation and Application of International
  • Accounting Standards (annual editions from 1997; John Wiley & Sons, Inc.).
  • Co-author, “Goodwill and Other Intangible Assets,” (Ch. 20, Accountants’ Handbook, Tenth Edition 2006 Cumulative Supplement, D. R. Carmichael, editor; John Wiley & Sons, Inc.).
  • Earlier publications included authorship and co-authorship of other books and authorship of professional journal articles.
Date published: Apr 20, 2009


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