Curriculum Vitae
of  
Benedict A. Kolita, CPA, CVA

 

 

Academic and Professional Credentials 
 
       Bachelor of Science in Business  
            Administration, Accounting Major,  
            Kent State University  
       Certified Public Accountant  
      Certified Valuation Analyst   

Professional and Business Experience   

       Currently, Co-Owner Kolita & 
           Company,   CPAs, CVAs  
        Previously, regional CPA firm Partner,  
         Previously, Big-4 Audit Manager
            specializing in assisting business
          owner-operators achieve their growth
          objectives

    

Professional Affiliations

 

 Current:

                 American Institute of Certified Public Accountants  
              Business Valuation Research Institute  
              Institute of Business Appraisers  
              National Association of Certified Valuation Analysts  
                                Course Review Committee  
                                 Exam & Grading Committee  
                                 Professional Development Committee  
                                 State Chapter Committee  
             Ohio Society of Certified Public Accountants          
                                 Ethics Committee
                                 Peer Reviewer  
               Peachtree, Inc., Qualified Installer- Peachtree Complete Accounting Software  

Past:

    Computer Associates, Inc. Qualified Installer of AccPac Accounting Software     
    Great Plains Software, Inc. Qualified Installer of Dynamics Accounting Software  
    Great Plains Software, Inc. Accounting Advisory Committee, member  
     RMA- The Risk Management Association  

     Ohio Society of Certified Public Accountants  
                 Member of the Board of Directors, Akron Chapter
                  Chairman of the Accounting & Auditing Standards Committee  
                   Peer Reviewer
                   Speaker at membership meetings on professional standards  

     U. S. Small Business Administration.  
                
Speaker at S.C.O.R.E. new business seminars  

Specialization 

Mr. Kolita specializes in the determination, restatement, evaluation, analysis, interpretation, and forecasting, feasibility and translation of complex transactional financial data. Typically, Mr. Kolita applies such data in connection with complex business litigation, valuation, forensic accounting and troubled businesses. The matters include lost profits, breach of contract, intellectual property, estate and gift taxes, bankruptcy, personal injury, wrongful termination, wrongful death, fraud, and misrepresentation among other categories.

Testifying Experience   

bulletTestified in United States District Court, Akron Ohio,  as an expert witness regarding the valuation of an international franchise business.
bulletTestified in Common Pleas Court as an expert witness regarding the amount of damages resulting from defendant's failure to complete a purchase transaction.
bulletTestified in Common Pleas Court as an expert witness regarding the amount of damages resulting from defendant's failure to complete the terms of a contract.
bulletTestified in Common Pleas Court, as an expert witness in connection with the valuation of the benefits defendant was to receive from a pension and profit sharing plan.
bulletDeposed in connection with an embezzlement from a Savings & Loan Association, the amount of which exceeded one million dollars.  

Civic and Community Activities  

     Counsel of Small Enterprises, member  
     Eastlake Chamber of Commerce, member  
     Fairport Harbor Yacht Club, Board of Trustees, member  
     Greater Cleveland Growth Association, member  
     Mentor Area Chamber of Commerce, member  
      United Way of Lake County, Board of Directors Member Emeritus,  
     United Way Services, Board of Directors, former member  
     Willoughby Area Chamber of Commerce, former Treasurer  
 

Website maintained by Kolita & Company, CPAs
8334 Tyler Boulevard,  Mentor, Ohio 44060
 Phone: 440-205-8299   Fax: 440-974-7674

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