As an SLD Director of Accounting and Auditing, Robert Boragno, has over twenty-two years of experience from national and regional accounting firms and a national real estate syndication company. Mr. Boragno brings to SLD extensive experience in accounting, attestation, assurance, operational management and litigation support services.

• Technical Expert in Litigation. Legal counsel for a defendant believed that the plaintiff’s damage claim was unreasonable. However due to the number of years involved and the volume of transactions, it was almost impossible to quantify the dollar amount of the damages. Mr. Boragno, by applying statistical sampling procedures, proved that the plaintiff’s claim was not only overstated but also mathematically improbable.

• Increasing a company’s cash flow. A distributor could not understand, based on their sales volume, why the company was operating in a deficit cash position. By department repositioning the sales function and inventory ordering and billing procedures, Mr. Boragno was able to demonstrate how cash flows would increase. As a result, the company was able to increase cash flows and reduce its operating line of credit.

• Diagnostic review for an accounting department. The owner of a privately held business asked Mr. Boragno to assess the structure, staffing and performance of the accounting department which had come under heavy criticism. The diagnostic report showed that chronic understaffing had caused the initial problems, which had been made more acute by burdening the accounting department with responsibilities that properly belonged to line managers.

Robert Boragno is a CPA and a member of the AICPA, the California Society of CPAs, associate member of the Association of Certified Fraud Examiners, past member of the California Society of CPAs’ Committees on banking, real estate and securities industries. He holds a BSC in Accounting from the University of Santa Clara. Mr. Boragno and his wife Suzanne have two children, Nicholas and Christine.