Bryan Jones, as a partner in KPMG's forensic services practice, specialises in financial, accounting and valuation aspects of litigation, arbitration and investigations. He has 36 years of experience as a Certified Public Accountant (CPA). Currently, he works with clients in healthcare, life sciences, and other industries, particularly government contractors and highly regulated industries.
Mr Jones has served as a neutral expert and arbiter in US domestic arbitrations, and he has testified in numerous business disputes on economic damages, lost profits, loss of business value, contractual disputes and accounting issues. He has been admitted to testify as an expert before the US Court of Federal Claims, district courts of the United States and various states and commercial arbitration panels. His opinion was cited by a US District Court in granting summary judgment in favour of an insurer defending a claim of US$60 million for potential future environmental remediation costs.
Mr Jones is called upon by parties to purchase and sale transactions to help formulate accounting definitions to govern working capital determinations and accounting dispute resolution provisions. When disputes arise, he helps buyers, sellers and their legal counsel to develop positions to be submitted to accounting arbiters. He has conducted accounting determinations to resolve post-acquisition disputes.
Mr Jones has supervised numerous forensic accounting engagements for governing bodies and their legal counsel. These engagements have involved issues such as financial reporting fraud, other types of misconduct and reconstruction of accounting records. One such engagement was for new management to recover federal income taxes paid by a publicly traded company that had disclosed a complex multi-year accounting fraud. Mr Jones and his team located and documented thousands of fraudulent accounting entries to the satisfaction of the US Internal Revenue Service, which refunded their client over US$440 million in taxes paid on phantom income.
Mr Jones is a founding member of The General Counsel Forum, which promotes sharing of leading business practices amongst law departments. He has spoken before the Forum, and he has been interviewed and published articles on the important role of the general counsel in managing risk. Mr Jones served as the public interest member of a grievance panel of the State Bar of Texas. Currently, he is a governor of the Dallas Symphony Association and has served as a Trustee of Dallas Opera.
The State of Texas licensed Mr Jones as a CPA in 1980. Subsequently, he became accredited in business valuation by the American Institute of Certified Public Accountants (AICPA) upon examination and demonstration of professional experience in business valuation. Mr Jones is a member of the AICPA, the Texas Society of Certified Public Accountants and the Health Care Compliance Association. In 1979, Texas Christian University awarded him its bachelor of business administration degree in accounting, summa cum laude, and with departmental honours.
WWL says: Bryan Jones is one of the leading expert witnesses in the United States, praised for his work as both a neutral expert and an arbiter in domestic arbitrations.
This biography is an extract from Who's Who Legal: Arbitration which can be purchased from our Shop.