Curriculum Vitae

FRANK  E. NUTE MS, CFE, CPA, CFF, CDFA

CURRICULUM VITAE

POSITIONS:

• Principal, Frank E. Nute CPA LLC (2002 to Present)
• Financial Advisor, Lincoln Financial Advisors (2001)
• Business Consultant, Jefferson Wells (1999 to 2001)
• Internal Audit Manager, United Health Group (1998 to 1999)
• Internal Audit Manager, American Stores Company (1996 to 1998)
• Internal Audit Manager, Southern Pacific Transportation Company (1987 to 1996)
• Accountant, Seiler & Co. (1985 to 1987)
• Multi-Line Insurance Adjuster, GAB Business Services (1978 to 1985)

PROFESSIONAL EXPERIENCE:

          Family Law - Conducted investigations and analysis including:

• Identified assets, liabilities and family income.
• Determined nature and character of assets and liabilities
• Valued and quantified assets, liabilities and income
• Tracing of assets and liabilites
• Child support calculations
• Division or distribution of assets, liabilities and income considering liquidity, taxability and risk
• Determined tax effects on support payments and division of property
• Testified at trial

         Fraud Investigations - Including the following procedures:

• Conducted interviews
• Evidence gathering and analysis
• Evidence preservation
• Evidence organization
• Evidence evaluation
• Reported results

         Economic Damages - Estimates of damages including:

• Loss of buildings and equipment
• Lost profits and future revenue
• Lost cash flow
• Additional costs incurred
• Avoided costs
• Lost earnings
• Lost fringe benefits
• Medical expenses incurred
• Personal consumption
• Income taxes
• Pre-trail depositions

         Audit - Over 20 years of audit experience in a variety of industries, have performed:

• Financial audits and prepared financial statements in accordance with GAAP
• Evaluated and reported on the effectiveness of internal controls over financial reporting
• Evaluated and reported on the effectiveness of internal controls over information technology
• Advised clients on matters involving internal controls testing and remediation
• Performed analysis of financial and accounting issues in internal investigations
• Performed due diligence in joint ventures and mergers
• Documented process flows 
• Mitigated internal control risks and communicated findings to senior management 

         Taxes - Assist clients in minimizing tax payments:

• Prepared individual, partnership and corporate income tax returns
• Prepared payroll tax returns
• Prepared Property tax returns
• Prepared sales and use tax returns
• Have represented clients before the Internal Revenue Service

EDUCATION:

• Bachelor of Science - Economics and Business Management, University of California, Davis, 1978
• Certified Fraud Examiner Program, Association of Certified Fraud Examiners, 1990
• Masters Degree - Finance with emphasis on Personal Financial Planning, Golden Gate University, 1992
• Certified Divorce Financial Analyst Program, The Institute for Divorce Financial Analysts, 2008

CONTINUING PROFESSIONAL TRAINING/EDUCATION:

• 58th Annual MNCPA Tax Conference
• Professional Responsibility - Forensics
• Applicable Professional Standards - Forensics
• Information Gathering, Discovery and E-Discovery
• Reporting
• Interviewing
• Bankruptcy
• Electronioc Discovery and Computer Forensics
• Economic Damages for Business
• Economic Damages for Individuals
• Intellectual Property
• Family Law

PROFESSIONAL CREDENTIALS AND MEMBERSHIPS:

• Certified Public Accountant (CPA), 1988
• Certified Fraud Examiner (CFE), 1990
• Certified Divorce Financial Analyst (CDFA), 2008
• Certified in Financial Forensics (CFF), 2012
• Member American Institute of Certified Public Accountants - Tax and Forensic Valuation Services Sections (AICPA)
• Member Association of Certified Fraud Examiners (ACFE)
• Member Institute for Divorce Financial Analysts (IDFA)
• Member Minnesota Society of CPA's
• Member International Association of Collaborative Professionals (IACP)

PRESENTATIONS:

• Speaker, New Business Minnesota, Hiring Your First Employee, Minneapolis, MN 2010
• Organizer & Speaker, Financial Issues of Divorce, Second Saturday Divorce Workshop, Minneapolis, MN 2009 - 2010