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Forensic Risk Alliance

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Back to Leadership

Carol Der Garry

Partner

Carol A. Der Garry has 35 years of professional experience as a certified public accountant in forensic investigations, auditing and accounting. She held a leadership role within the Public Company Accounting Oversight Board (PCAOB) Division of Enforcement and also worked at the US Securities and Exchange Commission (SEC) Enforcement Division. Carol also has in-house experience at a public company and as an auditor at international accounting firms.

Carol has extensive experience conducting investigations involving complex auditing, accounting and internal control over financial reporting matters regarding possible violations of professional standards and PCAOB and SEC regulations. She has worked with outside counsel in internal investigations, SEC enforcement matters and litigation.

Carol’s practice focuses on accountant and auditor liability matters, including assessing complex accounting and auditing issues and auditor conduct in SEC and PCAOB enforcement matters, internal investigations, complex accounting and financial reporting projects, accounting restatements, and the application of US Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). She also analyzes compliance with PCAOB auditing standards, including quality control and independence standards. She has worked with outside counsel on multi-national regulatory investigations, SEC enforcement matters and litigation, and has served as an expert witness for the SEC.

Prior to joining FRA, Carol was an Associate Director at the PCAOB and was the lead accountant on high-profile investigations, including those involving international accounting firms and their former partners. She worked closely with the PCAOB Office of General Counsel, the Office of the Chief Auditor, and the SEC Enforcement Division, and coordinated regularly with foreign regulators.

While at PCAOB, Carol was awarded the PCAOB Superior Achievement Award, Division Director’s Award, Division International Case Result Award, Division Special Project Award and Division Citizenship Award. Carol earned masters’ degrees in Accounting and Business and Public Management, both from Rice University. She is a member of the American Institute of Certified Public Accountants and Association of Securities and Exchange Commission Alumni.

REPRESENTATIVE EXPERIENCE

  • Conducted investigations on behalf of the PCAOB and SEC regarding PCAOB auditing standards and rules and SEC regulations
  • Served as expert for the SEC
  • Investigated accounting improprieties, Ponzi schemes, financial fraud, and accountant malpractice
  • Worked closely with the FBI and IRS’s criminal division on certain SEC investigations
  • Assisted in preparing expert report included in Wells submissions for auditors in defense of SEC enforcement matter
  • Led teams working on restatements
  • Directed audits of privately held and publicly traded companies’ financial statements

London

Audrey House
16-20 Ely Place
London EC1N 6SN
United Kingdom
+44 (0)20 7831 9110

Washington, DC

2550 M Street NW
Washington, DC 20037
United States
+1 (202) 627-6580

Providence, RI

40 Westminster St.
Suite 500
Providence, RI 02903
United States
+1 (401) 289-0866

Dallas, TX

One Cowboys Way
Suite 470
Frisco, Texas 75034
United States
+1 (469) 604-0925

Paris

44, avenue George V
75008 Paris
France
+33 1 74 88 05 40

Canada

20 Place du Commerce
Nuns’ Island
Montreal, Quebec H3E 1Z6
Canada
+1 (401) 289-0866

New York City, NY

434 W. 33rd Street
7th Floor
New York, NY 10001
United States
+1 (646) 921-1865

Philadelphia, PA

727 Norristown Road
Building 8 Spring House
Innovation Park, Suite 206, Lower Gwynedd, PA 19002
United States
+1 (267) 405-9302

Stockholm

7A Centralen
Vasagatan 7
111 20 Stockholm
Sweden
+44 (0)7747 790232

Zurich Office/Datacenter

Richtistrasse 7
8304 Wallisellen
Switzerland
+41 79 755 4893
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© 2021 The FRA group in the UK comprises Forensic Risk Alliance Limited (number 3895636) and FRA Solutions Limited (5863958). Both are limited companies registered in England & Wales, and have their registered office at 3rd Floor, Audrey House, 16-20 Ely Place, London EC1N 6SN. The term partner is used to denote senior employees of the limited companies. All rights reserved.