DOUGLAS J. MORALLY CPA

Doug has over 19 years of public accounting experience serving a variety of clients in the professional services, construction, manufacturing, transportation and logistics, distribution and retail industries, including publicly traded companies. He also has extensive experience serving employee benefit plans, including defined contribution, defined benefit, health and welfare and ESOP plans.

Doug has significant experience working on a variety of technical accounting, auditing, reporting and business related issues for public registrants, private companies and not-for-profit organizations, providing clients with timely and innovative advice on a broad array of accounting, finance, corporate governance and general business issues. His background includes a comprehensive understanding of internal control over financial reporting and significant accounting policies, including revenue recognition, accounting and reporting on significant acquisitions, goodwill and equity transactions.

Professional and Community Involvement

Member—American and Pennsylvania Institutes of Certified Public Accountants

Member—Schneider Downs SEC Practice Group

Member—Schneider Downs Transportation and Logistics Industry Group

Member—Schneider Downs Audit and Assurance Effectiveness Committee

Past Board of Directors and Treasurer—New Hazlett Theater

Board of Directors—The Education Partnership

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Do you have a hobby or personal passion? 

Hockey, golf and skiing

 

Who was your role model? 

My dad

 

What was your childhood dream? 

To be a doctor

 

If you could go back in time, what advice would you give your college self? 

You have more free time now than you ever will have again in your lifetime – enjoy the experience!

 

What was your first job? 

I was a lifeguard.

 

When you have an hour of free time, what do you like to do? 

Spend time with my family.

 

Do you have advice for young professionals? 

Get involved, take ownership of your career and learn every day.

Our Thoughts On

FEATURED

Big Problem: Cybersecurity Defenses Compromised By Employees’ Passwords


Big Thinking: Significant Updates To The Cybersecurity Environment.

Shareholder ERIC WRIGHT has been involved with Information Technology with Schneider Downs since 1983 and oversees the firm’s thriving Technology Consulting and IT Audit & Compliance practices. Through this role, Eric brings extensive experience in assessing IT infrastructure and identifying cybersecurity risk and exposure.
One of our clients felt fairly good about their existing cybersecurity defenses. But they were still afraid of the unknown and newer cyber attack techniques. Through our regular audit procedures, we inquired about their current cyber controls and their confidence in withstanding an attack. We then performed a network penetration test which simulates an external adversary hacking their network. This procedure identified the client's unknown weaknesses in their defenses through a live test. “Within 48 hours, we were able to guess the passwords of close to 10% of their employees, effectively giving us VPN access to their corporate network and certain employee utilities, like email.” Eric said. "We also found that their corporate intranet site was visible over the internet and susceptible to login via the bad passwords. After identifying these issues, we worked with the client to make significant changes to their environment to make it harder for an attacker to break in." Schneider Downs provides Big Thinking and Personal Focus in delivering a variety of services for large and small businesses, both publicly and privately held, as well as nonprofit organizations, government entities and more. Through our commitment to thought leadership and knowledge management, we deliver the solutions our clients need with a personal commitment to service.

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