Ted is the Member-in-Charge of Brown Smith Wallace’s Risk Advisory Services practice. He is responsible for leading engagements that help clients manage business risk, improve processes and internal controls, and comply with the provisions of the Sarbanes-Oxley Act.
Prior to joining Brow Smith Wallace, Ted spent more than 13 years at KPMG LLP where he was responsible for leading audit and advisory service engagements. Ted’s experience includes:
- Oversees and manages internal audit co-sourcing arrangements and assists internal audit organizations with the development and execution of entity-wide risk assessments and audit plans. Focuses on helping clients develop risk-based, value-focused internal audit plans.
- Leads and manages Sarbanes-Oxley Section 404 internal control documentation, testing, and remediation engagements for more than 15 different organizations. Assists clients in making their Sarbanes-Oxley programs more efficient and effective.
- Manages and serves as concurring review partner for SAS 70 examinations of third-party service providers.
- Manages audit and process improvement evaluations of business processes, systems, and implementations. He has performed assessments of many different systems, policies, and procedures for financial, operational and technology processes (e.g., G/L, A/P, A/R, HR/Payroll, Talent Management, Revenue Cycle, procurement, inventory management, information technology).
- Develops policies and procedures to support the consistent and effective execution of processes for clients across various industries. Assists clients with improving processes by reducing redundancy, leveraging technology and enhancing controls.
- Evaluating a client’s Information Technology service provider, focusing on the internal billing process, asset management, help desk, and systems development.
- Performing prospective and historical cash flow analyses for a significant, publicly-financed construction project.
- Performing activity based costing studies for in-sourced functions to evaluate efficiency and effectiveness.
Mr. Flom is past president of the St. Louis Chapter of the Institute of Internal Auditors (IIA) and is a member of ISACA and the Missouri Society of Certified Public Accountants (MSCPA). He also serves as a Board member and Treasurer of the Crown Center and is on the Board of the St. Louis Mens’ Group Against Cancer. He is a Certified Public Accountant (CPA), Certified Information Systems Auditor (CISA) and Certified Internal Auditor (CIA).
Mr. Flom received a Bachelor of Business Administration degree in accounting from the University of Texas at Austin.
