David E. Welch

David E. Welch

Lead Faculty
Accounting
welchd@franklin.edu

Dr. Welch earned his Doctorate in Business Administration in Accounting from Argosy University and his Bachelor's and Master's degrees in Business Administration from East Tennessee State University. His doctoral dissertation focused on the relative effectiveness of the various federal whistle-blower-protection laws.

Dave was the first person in history to be awarded whistle-blower protection under the then newly enacted Sarbanes-Oxley Act. As a Certified Public Accountant (CPA) and a Certified Fraud Examiner (CFE), Dave has a keen interest in business ethics.

As a Lead Faculty member at Franklin, Dave shares his extensive experience and personal knowledge of Sarbanes-Oxley with students in the University's Accounting, Forensic Accounting, and Business Forensics majors, and often lectures on the subject for various organizations.

Prior to joining the faculty at Franklin, Dave taught accounting, finance, and strategic planning courses at the community college and university levels while working full-time in the corporate world.

Choose a category by selecting the appropriate header.

Education

DBA,	Argosy University, Accounting, 2009
MBA,	East Tennessee State University, 1986, Management
B.B.A.,	E. Tennessee State University, 1983, Management

Professional Licenses and Certifications

2007	Certified Fraud Examiner - ACFE
1993	Certified Public Accountant - AICPA

Academic/Professional Experience

2007-Present	Franklin University, Lead Faculty for Accounting; Course Manager for Financial Accounting (ACCT 215) and Managerial Accounting (ACCT 225)
2004-2006	Developed curriculum for and managed Intermediate Accounting I (ACCT 301) & Intermediate Accounting II (ACCT 302). This included assignments, reading materials, and multi-media elements.
2001-2007	Adjunct Professor of Business Administration and Accounting, Liberty University - Lynchburg, VA, Undergraduate Courses: Fundamentals of Investments, Intermediate Accounting I & II, Principles of Accounting I
2001-2003	Developed curriculum for and managed Fundamentals of Investments (BUSI 420). This included assignments, reading materials, and multi-media elements.
1999-2002	Chief Financial Officer, Cardinal Bankshares Corporation
1999-2001	Corporate environment - Microsoft Excel, Word, Lotus 1-2-3, Communications Skills
1998-1999	Staff Accountant/Auditor, Larrowe & Company, PLC
1997-1998	Financial Analyst/Controller, Wellmont Physician Services
1997-2001	Blue Ridge Healthcare Consultants, LLC. (Consultant)
1996-1998	Adjunct Professor of Business, Tusculum College - Greeneville, TN, Undergraduate Courses: Finance and Strategic Management capstone course.
1996-1998	Adjunct Professor of Accounting, Northeast State Community College - Blountville, TN, Undergraduate Courses: Principles and Payroll Accounting.
1996-1998	Adjunct Professor of Accounting, Northeast State Community College - Blountville, TN, Undergraduate Courses: Principles and Payroll Accounting.
1995-1997	Senior Cost Estimator, Quebecor Printing
1994-1995	Cost Accountant, Quebecor Printing
1992-1994	Financial Analyst, Quebecor Printing
1991-1992	Customer Service Representative, Quebecor Printing

Professional Development

2009	20th Annual Association of Certified Fraud Examiners Conference, Las Vegas, NV
2009	Tactical Training for Fraud Investigators, Columbus, OH
2008	Professional Standards and Ethical Responsibilities for CPAs in Ohio - State of Ohio
2008	U.S. GAAP to Global Accounting: IFRS Awareness Symposium - Columbus, OH
2008	Franklin University, Fall 2008 Accounting Seminar
2008	U.S. GAAP to Global Accounting: An IFRS Symposium, Columbus, OH
2008	19th Annual Association of Certified Fraud Examiners Conference, Boston, MA
2008	8th Annual Emerging Trends in Fraud Conference, Columbus, OH
2008	Tactical Training for Fraud Investigators, Columbus, OH
2007	Board Governance 101, Columbus, OH. Legal and fiduciary responsibilities of boards of directors.
2007	WorldCom: What Went Wrong and Lessons Learned, Columbus, OH
2007	Franklin University Fall 2008 Accounting Seminar
2007	Professional Ethics in Accounting - Virginia
2006	Professional Ethics in Accounting - Virginia
2005	Professional Ethics in Accounting - Virginia
2005	Association of Certified Fraud Examiners (ACFE) Principles of Fraud Examination, Austin, TX. Topics: Criminology and ethics; legal elements of fraud; fraudulent financial transactions; fraud investigation.
2003	Medical Group Management Association Annual Conference, Philadelphia, PA. Topics: Electronic medical charts; privacy in healthcare; maximizing reimbursements legally; coding; financial reporting; productivity bonus systems for motivating physicians.
2003	North Carolina Association of CPAs Healthcare Management Conference, Greensboro, NC. Topics: Financial performance benchmarking; regulatory compliance; patient privacy; advertising the practice; taxation.
2002	Virginia Bankers' Association CFO Workshop, Charlottesville, VA. Topics: Accounting; legal review; Sarbanes-Oxley Act of 2002; regulatory update; economic overview; SEC reporting; elements of fraud.
2001	Virginia Bankers' Association CFO Workshop, Charlottesville, VA. Topics: Accounting; legal review; regulatory update; economic overview; SEC reporting; maximizing margins; internet fraud.
2001	Federal Home Loan Bank's Redesigning the ALCO [Asset & Liability Committee] Process, Greensboro, NC.
2001	Virginia Bankers' Association Life & Health Training, Charlottesville, VA. Pre-Licensure course for life & health insurance.
2000	Virginia Bankers' Association Operations & Technology Seminar, Charlottesville, VA. Topics: E-Commerce; internet banking; privacy; Bank Secrecy Act; Non-interest income; document imaging.
2000	Virginia Bankers' Association CFO Workshop, Charlottesville, VA. Topics: Recent accounting developments; legal update; SEC reporting; new audit committee requirements; bank holding companies vs. financial holding companies.
2000	Virginia Bankers' Association Analyzing Personal Financial Statements, Charlottesville, VA.
2000	Virginia Bankers' Association Property & Casualty Training, Charlottesville, VA. Pre-Licensure course for property & casualty insurance.
2000	Lorman Education Services Virginia Property Tax Seminar, Roanoke, VA. Topics: overview and update of Virginia property taxes; assessment procedures; exemptions; tax returns and payment of tax.
1999	Pryor Resources, Inc. How to Develop and Administer a Budget, Charlottesville, VA.
1999	Virginia Bankers' Association Community Bank Management Workshop, Williamsburg, VA. Topics: Maximizing the effectiveness of your board; compensating employees; risk management; utilizing market research for goal setting and expansion planning.
1999	Virginia Bankers' Association CFO Workshop, Charlottesville, VA. Topics: Recent accounting developments; business combinations; asset allocation; asset / liability policies and investment review; financial strategies for a turning business cycle.
1998	North Carolina Association of CPAs, Raleigh, NC. Taxation Training for preparation of personal and corporate income tax returns.
1998	Healthcare Financial Management Association, Nashville, TN. Physician Finances in the 90s. Training for improvement of physician practice financial performance including compliance with Medicare regulations; Controller's tax workshop; and FASB update.

Publications/Presentations

2009	Stark State Community College Chapter of Certified Managerial Accountants - "Setting an Ethical Tone at the Top."
2009	Cincinnati State Community College Accounting & Finance Students' semi-annual conference - "Why Does Ethics Matter to Students?"
2008	8th Annual Emerging Trends in Fraud Conference, Columbus, OH. "How to Determine Whether a Whistleblower's Red Flags are Authentic"
2008	Ethics Resource Center Webcast "How to Respond to Employee/Whistleblower Concerns"
2008	Lancaster Rotary Club, Lancaster, OH, "Ethical Conduct in Business"
2008	Franklin University's ACCT 215 classes (33 sections), "Why Does Ethics Matter to Students?"
1996	Published poetry book, Light from the Lighthouse, C.J. Scott Publishing Company.
1996	Published poetry book, On the Road to Higher Ground, C.J. Scott Publishing Company.