Walter A. Stosch, MBA
Walter Stosch is a Retired Consultant with Stosch, Dacey & George, P.C. During his career, he specialized in litigation consulting and forensic accounting services including business valuations, fraud investigations and economic damages. He is a retired partner of the national CPA firm, Deloitte Touche and a current member of The McCammon Group.
Mr. Stosch has performed business valuations and forensic accounting engagements during the course of his career as a certified public accountant since 1961 for estate and gift tax purposes, merger and acquisition evaluations, buy-sell agreements, stockholder and business disputes, and for the purpose of resolving disputes involving negotiations and court testimony.
Other assignments include evaluating economic damages and loss of profits damages in breach of contract and antitrust matters, condemnations, personal injury or wrongful death cases and other civil actions, assistance with bond claims, financial evaluation of embezzlement and fraud claims and serving as a consultant to law firms in financial and tax analysis of prospective litigation and business disputes and in settlement negotiations.
Prior to the merger of his firm in February, 1988, Mr. Stosch was a founding senior partner of the regional CPA firm, Gary, Stosch, Walls & Co., P.C., headquartered in Richmond, Virginia. He is a former managing partner and management consultant partner of that firm.
Mr. Stosch has an undergraduate degree (accounting) from the University of Richmond and a graduate degree (MBA), also from the University of Richmond where he served as an adjunct faculty member for several years teaching managerial accounting and managerial cost accounting. He is a licensed Certified Public Accountant and a former Visiting Professor of Accounting at Virginia Commonwealth University, teaching forensic accounting.
He has qualified as an expert witness before the Internal Revenue Service, Federal District and Bankruptcy Courts and State Courts. He served as a member of the Virginia House of Delegates, 1983-1991, and a member of the Senate of Virginia, 1992-2016.
Professional and Academic
Retired Certified Public Accountant; Retired Partner, Deloitte & Touche; Retired Principal, Stosch, Dacey & George, PC
Member, Virginia Society of Certified Public Accountants
Past Member of the Board of Directors, Virginia Society of Certified Public Accountants (VSCPA)
Past Chairman of the VSCPA Legislation Committee
Past Chairman or Member of the VSCPA Taxation Committee, Public Relations Committee and Convention Committee
Past President, Vice-President and Secretary-Treasurer of The Richmond Area Chapter, VSCPA
Past Member of the Adjunct Faculties of the University of Richmond and Visiting Professor of Accounting, Virginia Commonwealth University
Past Member and President, Estate Planning Council
United States Army, 1953-1956
BS, Accounting, University of Richmond, 1959
MBA, University of Richmond, 1984
Member of Board of Directors, Universal Corporation, 2000-2009; Chairman of Audit Committee
Public and Community Service
Past Chairman of Church Board, Monument Heights Baptist Church
Member of American Legion, Post 84
Past Chairman of the Board, President, Richmond Area Heart Association
Elected to Virginia General Assembly in 1982; Member Virginia House of Delegates, 1983 to 1991
Elected to the Senate of Virginia in 1991; Member Senate of Virginia 1992 - present
Former Chairman, Joint House and Senate Republican Caucus
Past Member, House Committees on Finance, Education and Claims, and Conservation and Natural Resources
Member, Senate Committees on Commerce and Labor, Finance, and General Laws and Technology
Senate Majority Leader, 1998 - 2008
Republican Leader Emeritus, Senate, 2008 - 2010
President Pro Tempore, Senate of Virginia, 2012-2016
Honorary Member of Richmond Area Chapter, Military Officers Assn. of America (MOAA)
Member, Governor's Commission on Higher Education
Member of Governor's Commission on Government Efficiency and Reform
Representative Valuation Engagements
Furniture Manufacturer
Retail Hardware Store
Masonry Contractor
Specialized Graphics and Film Products Company
Fuel Oil Distributors
Manufacturer - Cultured Marble Products
Medical and Dental Practices
Architectural/Engineering Firm
Wholesale Distributor
Asphalt Company
Manufacturer of Children's Specialty Items
Pension and Deferred Benefit Plans
Transportation Company
Auto Salvage and Parts Company
Refuse Company
CPA Partnership
Manufacturer of Food Products
Manufacturer - Corrugated Boxes
Engineering Service and Supply Company
Specialty Marketing Corporation
Supermarket
Office Supplies Company
Automobile Dealership
Construction Contractor
Limited Partnership - Real Estate
Manufacturer - Commercial Brushes
Law Partnership
Trucking Company
Food Brokerage
Sawmill and Lumber Company
Beer Wholesaler
Title Insurance Company
Manufacturer and Retail Outlet-Decorative Flags
Electrical Contractor
Commercial Real Estate Management Firm
Real Estate General Partnership
Medical Instrument Sales Company
Psychiatric Practice
Manufacturer - Truss Joists
Marina/Boat Rental Facility
Publishing Company
Medical Out-Patient Facility
Emergency Medical Facility
Fuel Oil/Gasoline Distributor
Consultant - Human Resources
Bus Company
MRI Medical Facility
Transportation Services - Newspaper Supplements
Retail Hardware Store
Sheet Fed Printing Company
Service Station
Advertising Agency
Direct Marketing Firm
Manufacturer's Representative
Orthopedic Practice
Textile Manufacturer
Wholesale Ford Distributor
Motorcycle Dealership
Newspaper
Cardiac Surgeon Medical Practice
Logging and Chipping Manufacturer
Ophthalmology Medical Practice
Computer Leasing Company
Urology Medical Practice
Plastic Surgeon Practice
Building Supplies & Materials
Other Representative Engagements
Engaged by the Court to Determine Goodwill of a Professional Practice to Resolve Dispute Between Partners
Determination of Loss of Profits Damages to Fuel Oil Distributors
Analysis of Audit Procedures Relating to a Professional Malpractice Suit
Analysis of Damages and Losses Subject to Coverage by Insurance Company
Determination of Loss of Profits and Business Interruption Damages to a Computer Software Company due to Water Damage in Office Building
Analysis of Transactions Relating to Stockholder Buy-Sell Dispute of an Automobile Dealership
Evaluation of Damages Claimed for Wrongful Termination of Franchise Agreement, Automobile Dealership
Determination of Economic Damages Relating to Franchisor-Franchisee Dispute in the Retail Gasoline Business
Determination of Damages and Goodwill of Specialized Medical Corporation
Determination of Damages to Retail Store Attributable to Condemnation and Adjacent Construction of Highway
Analysis of Damages Claimed by Retail Firm in Antitrust Action Against Wholesaler, Tobacco Products
Determination of Loss of Future Income in Connection with Personal Injury and Wrongful Death Claims
Analysis of Damages Claimed as a Result of Malpractice Claims
Evaluation of Embezzlement Losses and Preparation of Bond Claims
Determination of Loss of Profits Damages and Business Interruption Damages to a Manufacturer Due to Design Failures Subject to Coverage by Insurance Company
Analysis of Representations Made by Seller to Buyer Regarding Financial Statements Relied Upon in Business Acquisition
Determination of Loss Profits Damages Due to Breach of Lease Agreement
Determination of Damages Due to Public Communications
Value of Lost Stock Option Opportunities
Analysis of Damages Claimed as a Result of Tortious Interference with Customer Contracts
Analysis of Related Company Transactions Disputed by Lender
Contractual Dispute Relating to Accounting Issues - Specialty Manufacturer
Determination of Losses Attributed to Employee Dishonesty Claims
Arbitration Hearings - Construction Company/Architect
Analysis of Impact of Covenant Not to Compete Damages - CPA Firm
Financial Analysis and Tracing of Transactions Relating to Domestic Cases
Analysis of Damages Arising from Failure of Due Care - Officers and Directors
Determination of Economic Damages from the Failure of Specialized Manufacturing Systems
Evaluation of Performance of Contract Computer Services Vendor
Appointed by the Court to Serve as Receiver in the Split-Up of an Incorporated Professional Firm
Analysis of Damages to Fast Food Chain of Breach of Non-Compete Agreement
Financial and Tax Analysis - Pre-marital Contract
Analysis of Lost Profits Claim by Computer Peripheral Services Firm Against Client and Competitor
Assist with Settlement of Minority Shareholder Claims
Determination of Damages, Legal Malpractice Suit
Evaluation of Damages Claimed by a Building Supply Company for Loss of Financing Attributed to CPA Firm
Evaluation of Damages as a Result of the Alleged Professional Malpractice by an Attorney in a Divorce Agreement
Determination of damages as a result of alleged false advertising
Determination of damages relating to contract for integrated supply chain logistics services, furniture industry
Determine disputed gross receipts reported by a Telecommunications Company to state regulatory authorities for tax purposes
Determine value of shareholders' interest in alleged fraudulent purchase under buy-sell agreement
Determine tax liability in dispute relating to personal property tax of public paper manufacturer
Tracing financial transactions to determine classification of property in equitable distribution of investment properties
Determination of profit or loss on lease of mixed real, personal and intangible properties for local tax assessment
Assist with pricing models for buy-sell offer, healthcare services organization
Determine damages as a result of false advertising claim under the Lanham Act
Dispute, Medical Office Building and Partners
Lost Profits, Food Product Manufacturer
Dispute, Major Oil Company and Franchisee
Contract Dispute Uniform Rental Company
Lost profits and reasonable royalties, Patent holder
Lost profits, Parking facility
Fair value, Dissenting Minority Shareholder's Claim
Mediator, The McCammon Group