For more than 30 years, Phelps Consulting Group has provided services in the areas of forensic accounting, fraud investigations, insolvency services, receivership, business valuations, loss detection and prevention, management consulting, and litigation services. Our ancillary services include computer forensics and other fiduciary appointments. Phelps Consulting Group is not a CPA firm and does not provide auditing services.
Our Core Values
Honesty: Our clients are the lifeblood of our firm, and they rely on us for accurate, trustworthy information. Our honesty forms the foundation of the relationships we form with our clients in highly challenging circumstances.
Integrity: We maintain high standards and neutrality in order to provide fair and honest financial services to our clients. We do not remain in any engagement if we learn of any activity on the part of the client that is fraudulent or misleading to creditors, lenders, taxing or regulatory agencies, or any other party in interest.
Fair Dealing: In all matters of financial reporting—whether for the court or for private clients—we make a good-faith effort to represent the facts fairly.
Phelps Consulting Group values the professional development of our consultants and staff. For that reason, we devote significant resources toward their training and advancement. The uniqueness of our firm lies in our ability to deploy our expertise in various disciplines to develop innovative solutions to complicated business and financial problems. Additionally, Phelps Consulting Group has and continues to make significant investments in technologies that improve the quality of the services that we provide to our clients.
Theodore G. Phelps III
Theodore (Ted) G. Phelps III has more than 30 years’ experience working with financially distressed companies as a receiver, assignee, fraud investigator, and forensic accountant. He specializes in corporate turnarounds, loan workouts, and financial restructuring both in and out of court, and his industry experience includes light and heavy manufacturing, distribution, retail, technology, construction, agriculture, health care, the automobile industry, real estate, intellectual property, banks, and aerospace.
Mr. Phelps is a Certified Public Accountant in the states of Washington, California, and Idaho, and his numerous certifications include Certifications in Fraud Examination (CFE), Financial Forensics (CFF), Distressed Business Valuation (CDBV), and Valuation Analysis (CVA).
Theodore G. Phelps IV
Theodore G. Phelps IV is a Certified Fraud Examiner (CFE) with more than a decade of experience managing and analyzing data related to financial fraud. His specializations include detecting fraud schemes, developing detailed financial-analysis reports, and maintaining large databases of investigation data. Mr. Phelps has worked with clients in various industries to bring complex cases of corporate and individual fraud to a timely resolution.
Max Liphart is an experienced Senior Consultant with more than 25 years of experience in public accounting, business, and financial consulting. He specializes in providing investigative accounting services in support of litigation, bankruptcy, and turnarounds as well as managerial consulting services for a wide range of industries with an emphasis on the automotive, manufacturing, and health care industries. Mr. Liphart has worked in multiple workout, turnaround, and forensic assignments for several bankruptcy trustees and in the role of acting CFO, acting Controller, acting Operations Manager, and Field Agent.
In his role as a consultant, he has investigated multiple accounting malpractice cases. He has assisted with an in-house audit review department’s review of client financial statements, and he has assisted in-house counsel with the review of audit working papers prepared by firm auditors. As a Field Agent working in more than ten bankruptcy assignments, Mr. Liphart acted on behalf of multiple trustees to operate and liquidate entities.
Mr. Liphart has provided testimony in federal and state court (Superior Court) matters related to bankruptcy. He is a Certified Public Accountant (CPA) whose certifications include financial forensics (CFF), management accounting (CMA), fraud examination (CFE), and chartered global management accounting (CGMA).