In his day-to-day work, Meara Welch Browne, P.C. Audit and Consulting Manager Preston Herman manages and performs external audits, reviews, compilations and other agreed-upon procedures. Preston primarily works with companies in the manufacturing and distribution, engineering, governmental and not-for-profit, textile, construction, health care, insurance and renewable energy industries.
He is also a Certified Public Accountant, licensed in Missouri and Kansas, and is accredited in Business Valuation (ABV) by the American Institute of Certified Public Accountants.
In his accounting and audit work, Preston manages and performs annual employee benefit plan audits; prepares financial statements and footnote disclosures in accordance with generally accepted accounting principles (GAAP); and reviews accounting processes and internal controls and makes recommendations for process improvements resulting in increased efficiency and stronger controls.
In addition to his audit and accounting work, Preston also participates in numerous litigation and valuation engagements involving extensive preparation or analysis. This includes analysis of damage calculation models, contract disputes and breaches, corporate veil issues, bankruptcies, and business and asset valuation models, among others. Preston also has experience with various fraud investigations involving extensive forensic accounting procedures, conducting interviews with clients, and extensive research into suspects’ personal and professional finances.
Preston graduated from Kansas State University, summa cum laude, with a degree in business administration: accounting and finance, with a minor in economics. He is currently pursuing a master’s in economics from the University of Missouri.
- Kansas State University, Bachelor of Science in business administration: accounting and finance, minor in economics
- University of Missouri, master’s in economics (in progress)
- Certified Public Accountant (Licensed in Missouri and Kansas)
- American Institute of Certified Public Accountants, Accredited in Business Valuation (ABV)
- Involved in the Kansas City and Kansas State communities