Wednesday, January 28, 2009

Management Consulting Firm Combines Former Practices of Martin S. McDermut, CPA, and James F. Davidson, CTP, CFE, CPA, CFF

JAMES F DAVIDSON, CTP, CFE, CPA/CFF, CM&AA and MARTIN S. MCDERMUT, CPA, have combined their former practices into the professional consulting firm of Avant Advisory Group. The firm is a spin-off and affiliated with other Avant firms previously managed by Mr. Davidson. Avant’s highly practiced strategic, operating, and financial executives from some of the most prestigious consulting firms and companies provide preeminent management consulting and executive advisory services to clients that include public companies, middle market and emerging growth companies. Management, investors, capital providers, and other professionals, including attorneys, trustees, receivers, creditor committees, secured lenders, and other parties all benefit from the firm’s services.

Mr. McDermut brings 30 years of senior executive experience in all phases of finance, accounting, administrative, and general management. As both Chief Financial Officer and a Partner with “Big Four” CPA firm PricewaterhouseCoopers, he served numerous public and private companies with multi-state and international operations. In addition to partner in charge of PwC’s Entrepreneurial Advisory Services Group, Mr. McDermut also served in the Auditing Directorate of PwC’s National Office.

As Managing Director, Mr. McDermut’s practice emphasizes the firm’s C-Suite executive and CFO services that include banking, accounting and finance department systems and internal controls, HR and IT areas. His focus supports the firm’s clients in improving their profitability and cash flow, business planning, strategic management, financial analysis, general and cost accounting, managerial and financial reporting, Sarbanes Oxley 404, credit and collections, forecasting, inventory control, asset and working capital management, risk assessment, insurance, and benefit plan administration.

Mr. Davidson is also a former “Big Four” CPA from PwC. He brings significant senior executive experience as CEO, COO, CFO, CAO, corporate controller, secretary-treasurer/finance, and board of director from public and private firms ranging entrepreneurial to multi-billion dollar size. Mr. Davidson holds professional certifications as a CTP (Certified Turnaround Professional), CM&AA (Certified Merger & Acquisitions Advisor), CFF (Certified in Financial Forensics) and CFE (Certified Fraud Examiner). Also, as Managing Director, his primary responsibilities encompass the firm’s niche specialization areas over:

  • Turnarounds, restructurings, and bankruptcies
  • Forensics, fraud investigations, and litigation support
  • Mergers, acquisitions, and capital transactions

With offices located in Los Angeles and Newport Beach, California, and as a global practice, the mission of Avant Advisory Group is to leverage trust and confidence in the firm’s services to create value and enhance each client’s success.

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