top

Instructor

Leonard J. Proscia, CPA

Practical Experience:


Leonard J Proscia is principal of LJP Advisory Services, which provides companies with innovative financial solutions to effect changes in internal control and planning. He is a New York Institute of Finance faculty member specializing in the Sarbanes Oxley Act Section 404 evaluations of internal controls for small businesses and not-for profit entities; risk management assessments; implementing Section 404 requirements of the Sarbanes-Oxley Act on internal control over financial reporting, applying COSO principles and assessing control environments.

His experience covers: Serving as a technical advisor on internal control (e.g., compliance with Sarbanes-Oxley and the Foreign Corrupt Practices Act)and on business planning and budgeting; building and maintaining excellent control and risk management environments to ensure compliance with COSO and current Sarbanes-Oxley requirements; providing profit improvement solutions that increase the bottom line; leading audits of several publicly held commercial entities; designing and improving planning, budgeting and financial management reporting processes for several businesses, including consumer finance and brokerage; developing and managing reviews and documentation of the internal accounting procedures and processes for consumer, leasing and real estate finance businesses.

Prior to forming LJP Advisory Services, Leonard held CFO positions at JP Morgan Chase & Co. in its international and domestic businesses. There he managed the Finance functions of credit card, retail branch banking, auto finance, consumer credit, mortgage, and trust and brokerage businesses. Before JP Morgan Chase, Len had a diversified career in consulting and auditing with Coopers & Lybrand (PriceWaterhouse Coopers) and Peat, Marwick Mitchell & Co. (KPMG).

Leonard is licensed as a CPA. He has conducted workshops at Hofstra University, Kennedy Moran associates and the Nassau Bar Association. He was also an instructor at a CPA review course.

Areas of Expertise:


Financial Management Internal Control
Business Planning
Risk Management

Education:


BBA in Accounting from St. John’s University

Publication(s):


Len authored several documents on forecasting and internal control. His most recent article entitled “404 Revision-Saves Money & Improves Accuracy” appeared in the October 2007 issue of Investor Relations Update.