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DOUGLAS J. MORALLY CPA

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[email protected]
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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.

Education

B.S. – Accounting, Mercyhurst University

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: A Complex Business Evaluation Case.

Big Thinking: Dispute Settlement And Control Of The Business.

With Schneider Downs since 2014, shareholder TOM PRATT has more than 30 years of experience in public accounting, forensic accounting, litigation support, business valuation and financial reorganization.
Tom’s team was involved in a complex and contentious business evaluation dispute between our client, who was the controlling shareholder, and a non-controlling shareholder. The dispute included allegations of fraud, self-dealing and mismanagement of entities against our client. We worked with our client’s outside legal counsel to help them respond to both the valuation issues and, importantly, refute the allegations being made against him. Our diligent and objective work assisted in the settlement of the dispute, and our client purchased the interests of the non-controlling shareholder prior to going to trial. “We’ve seen just about everything you can see when it comes to disputes between business partners,” Pratt said. “So we know what to look for and what analysis and evidence will help our clients.” 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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