FacultyFaculty/Author Profile
Michael R. Young

Michael R. Young

Willkie Farr & Gallagher LLP

New York, NY, USA


Named by Accounting Today as one of the “top 100 most influential people in accounting,” Michael R. Young is a litigation partner at New York’s Willkie Farr & Gallagher LLP  where he chairs the firm’s securities litigation and enforcement practice.

His practice concentrates on the representation of companies, audit committees, officers, directors, accounting firms, and investment banks in United States and international securities class actions, SEC proceedings, and special committee investigations.  His trial work includes the landmark jury verdict for the defense in the first class action tried to a jury pursuant to the Private Securities Litigation Reform Act of 1995.  He has served as a member of FASB’s Financial Accounting Standards Advisory Council, as chair of the New York City Bar Association’s Financial Reporting Committee, and as counsel to the American Institute of Certified Public Accountants and the Center for Audit Quality.

A prolific author on the subjects of financial reporting, audit committee effectiveness and the role and responsibilities of the independent auditor, Mr. Young’s books include The Financial Reporting Handbook (Wolters Kluwer 2003), Accounting Irregularities and Financial Fraud (Harcourt 2000) and, most recently, Financial Fraud Prevention and Detection:  Governance and Effective Practices (Wiley 2014).  Mr. Young is a much sought speaker and commentator on financial reporting issues, and has been regularly quoted in such publications as The Wall Street Journal, The New York Times, Fortune, Forbes, USA Today, The Washington Post, and The National Law Journal.  He has also appeared as an invited guest on Fox Business News, CNBC, MSNBC, CNN, and BNN (Canada).

Mr. Young is a graduate of Allegheny College and the Duke University School of Law, where he was Research and Managing Editor of the Duke Law Journal.

Michael R. Young is associated with the following items:
Transcripts  Transcripts Audit Committees - Audit Committees, Thursday, March 01, 2012
Ethics Issues for Audit Committees and Their Advisors - Ethics Issues for Audit Committees and Their Advisors, Tuesday, June 26, 2012
Risk Issues that Keep Audit Committee Members Awake at Night - Risk Issues that Keep Audit Committee Members Awake at Night, Tuesday, June 26, 2012
Audit Committee - Audit Committee, Thursday, September 13, 2012
Ethical Challenges for Audit Committees and Their Advisors: Look Out...the SEC and DOJ are Watching - Ethical Challenges for Audit Committees and Their Advisors: Look Out...the SEC and DOJ are Watching, Monday, June 24, 2013
Risk Management: A Full Plate - But is it Too Much? - Risk Management: A Full Plate - But is it Too Much?, Monday, June 24, 2013
Ethical Challenges for Audit Committees and Their Adviors: Look Out... the SEC and DOJ are Watching - Ethical Challenges for Audit Committees and Their Adviors: Look Out... the SEC and DOJ are Watching, Monday, June 23, 2014
Enforcement and Compliance - How Does the Board Fit In? - Enforcement and Compliance - How Does the Board Fit In?, Wednesday, November 26, 2014
Hot Topics in U.S. Securities Litigation - Hot Topics in U.S. Securities Litigation, Tuesday, February 03, 2015
CHB Chapters  CHB Chapters The Board and Risk Management - Audit Committees and Financial Reporting 2014: Recent Developments and Current Issues, Friday, June 20, 2014
Financial Fraud Prevention and Detection: Getting Back to Audit Committee Basics - Audit Committees and Financial Reporting 2014: Recent Developments and Current Issues, Friday, June 20, 2014
Risk Management Oversight: A Debate Continues and Audit Committees Get Busier - Directors' Institute on Corporate Governance (Twelfth Annual), Monday, November 24, 2014
Financial Fraud Prevention and Detection: Getting Back to Audit Committee Basics (October 24, 2013) - Directors' Institute on Corporate Governance (Twelfth Annual), Monday, November 24, 2014
Committee on Financial Reporting of the Association of the Bar of the City of New York’s Letter to Phoebe W. Brown of the Public Company Accounting Oversight Board on PCAOB Rulemaking Docket Matter No. 034 (December 9, 2013) - Directors' Institute on Corporate Governance (Twelfth Annual), Monday, November 24, 2014
The Board and Risk Management (March 17, 2010) - Directors' Institute on Corporate Governance (Twelfth Annual), Monday, November 24, 2014
Committee on Financial Reporting of the Association of the Bar of the City of New York Letter to Claudia Crowley of the New York Stock Exchange Regulation, Inc. on New York Stock Exchange Listed Company Rules (March 5, 2013) - Directors' Institute on Corporate Governance (Twelfth Annual), Monday, November 24, 2014
Committee on Financial Reporting of the Association of the Bar of the City of New York’s Letter to Keith F. Higgins of the Securities and Exchange Commission (September 3, 2014) - Directors' Institute on Corporate Governance (Twelfth Annual), Monday, November 24, 2014
Statement of Michael R. Young; Public Meeting on the Auditor’s Reporting Model of the Public Company Accounting Oversight Board (April 3, 2014) - Directors' Institute on Corporate Governance (Twelfth Annual), Monday, November 24, 2014
Eighteen Safeguards to Corporate Self-Investigation (December 2004) - Directors' Institute on Corporate Governance (Twelfth Annual), Monday, November 24, 2014
Society of Corporate Secretaries & Governance Professionals’ Letter to Claudia Crowley of the New York Stock Exchange Regulation, Inc. on New York Stock Exchange Listed Company Rules (May 28, 2013) - Directors' Institute on Corporate Governance (Twelfth Annual), Monday, November 24, 2014
Risk Management Oversight: A Debate Continues and Audit Committees Get Busier, Reprinted from Risk & Compliance Magazine, Jul–Sep 2014 Issue - Institute on Securities Regulation in Europe (Fourteenth Annual): Practical Implications of U.S. Law on EU Practice, Monday, January 19, 2015
Financial Fraud Prevention and Detection: Getting Back to Audit Committee Basics, October 24, 2013 - Institute on Securities Regulation in Europe (Fourteenth Annual): Practical Implications of U.S. Law on EU Practice, Monday, January 19, 2015
Fait v. Regions Financial Corp., 655 F.3d 105 (2nd Cir. Aug. 23, 2011) - Institute on Securities Regulation in Europe (Fourteenth Annual): Practical Implications of U.S. Law on EU Practice, Monday, January 19, 2015
Eighteen Safeguards to Corporate Self-Investigation, the Metropolitan Corporate Counsel, Volume 12, No. 12, December 2004 - Institute on Securities Regulation in Europe (Fourteenth Annual): Practical Implications of U.S. Law on EU Practice, Monday, January 19, 2015
Committee on Financial Reporting, New York City Bar, Letter to Claudia Crowley Re: New York Stock Exchange Listed Company Rules from Michael R. Young, Willkie Farr & Gallagher LLP, March 5, 2013 - Institute on Securities Regulation in Europe (Fourteenth Annual): Practical Implications of U.S. Law on EU Practice, Monday, January 19, 2015
After the Financial Crisis: Revisiting Audit Committee Independence, Reprinted from Risk & Compliance Magazine, Jan–Mar 2015 Issue - Institute on Securities Regulation in Europe (Fourteenth Annual): Practical Implications of U.S. Law on EU Practice, Monday, January 19, 2015
The Board and Risk Management, March 17, 2010 - Institute on Securities Regulation in Europe (Fourteenth Annual): Practical Implications of U.S. Law on EU Practice, Monday, January 19, 2015
Committee on Financial Reporting, New York City Bar, Letter to Keith F. Higgins, Director, Division of Corporation Finance, from Michael R. Young, Willkie Farr & Gallagher LLP, September 3, 2014 - Institute on Securities Regulation in Europe (Fourteenth Annual): Practical Implications of U.S. Law on EU Practice, Monday, January 19, 2015
Halliburton Co. v. Erica P. John Fund, Inc., No. 13-317 (S.C. Jan. 6, 2014), Brief for Vivendi S.A. as Amicus Curiae in Support of Petitioners - Institute on Securities Regulation in Europe (Fourteenth Annual): Practical Implications of U.S. Law on EU Practice, Monday, January 19, 2015
Committee on Financial Reporting, New York City Bar, Letter to Phoebe W. Brown, Office of the Secretary, Public Company Accounting Oversight Board, from Michael R. Young, Willkie Farr & Gallagher LLP, December 9, 2013 - Institute on Securities Regulation in Europe (Fourteenth Annual): Practical Implications of U.S. Law on EU Practice, Monday, January 19, 2015
Securities Defense Bar Has High Hopes Riding On Omnicare, by Brian Mahoney, Law360, March 3, 2014 - Institute on Securities Regulation in Europe (Fourteenth Annual): Practical Implications of U.S. Law on EU Practice, Monday, January 19, 2015
Statement of Michael R. Young, Willkie Farr & Gallagher LLP, Public Meeting on the Auditor’s Reporting Model of the Public Company Accounting Oversight Board, April 3, 2014 - Institute on Securities Regulation in Europe (Fourteenth Annual): Practical Implications of U.S. Law on EU Practice, Monday, January 19, 2015
Indiana State District Council of Laborers and HOD Carriers Pension and Welfare Fund v. Omnicare, Inc., 719 F.3d 498 (6th Cir. July 23, 2013) - Institute on Securities Regulation in Europe (Fourteenth Annual): Practical Implications of U.S. Law on EU Practice, Monday, January 19, 2015
Committee on Financial Reporting of the Association of the Bar of the City of New York’s Letter to Keith F. Higgins of the Securities and Exchange Commission (September 3, 2014) - Corporate Governance - A Master Class 2015, Tuesday, February 10, 2015
Committee on Financial Reporting of the Association of the Bar of the City of New York’s Letter to Phoebe W. Brown of the Public Company Accounting Oversight Board on PCAOB Rulemaking Docket Matter No. 034 (December 9, 2013) - Corporate Governance - A Master Class 2015, Tuesday, February 10, 2015
Risk Management Oversight: A Debate Continues and Audit Committees Get Busier - Corporate Governance - A Master Class 2015, Tuesday, February 10, 2015
Committee on Financial Reporting of the Association of the Bar of the City of New York Letter to Claudia Crowley of the New York Stock Exchange Regulation, Inc. on New York Stock Exchange Listed Company Rules (March 5, 2013) - Corporate Governance - A Master Class 2015, Tuesday, February 10, 2015
Eighteen Safeguards to Corporate Self-Investigation (December 2004) - Corporate Governance - A Master Class 2015, Tuesday, February 10, 2015
Financial Fraud Prevention and Detection: Getting Back to Audit Committee Basics (October 24, 2013) - Corporate Governance - A Master Class 2015, Tuesday, February 10, 2015
Statement of Michael R. Young; Public Meeting on the Auditor's Reporting Model of the Public Company Accounting Oversight Board (April 3, 2014) - Corporate Governance - A Master Class 2015, Tuesday, February 10, 2015
After the Financial Crisis: Revisiting Audit Committee Independence - Corporate Governance - A Master Class 2015, Tuesday, February 10, 2015
The Board and Risk Management (March 17, 2010) - Corporate Governance - A Master Class 2015, Tuesday, February 10, 2015
Course Handbooks  Course Handbooks Directors' Institute on Corporate Governance (Twelfth Annual)
Web Segment  Web Segment Enforcement and Compliance - How Does the Board Fit In? - Directors' Institute on Corporate Governance 2014 (Twelfth Annual), Wednesday, November 26, 2014
The Growing Role of the Audit Committee - Directors' Institute on Corporate Governance 2014 (Twelfth Annual), Wednesday, November 26, 2014
Hot Topics in U.S. Securities Litigation - Fourteenth Annual Institute on Securities Regulation in Europe: Practical Implications of U.S. Law on EU Practice, Tuesday, February 03, 2015
Audit Committees and Delaware Law - Corporate Governance -- A Master Class 2015, Wednesday, February 18, 2015
MP3 Audio  MP3 Audio The Growing Role of the Audit Committee - The Growing Role of the Audit Committee , Wednesday, November 26, 2014
Enforcement and Compliance - How Does the Board Fit In? - Enforcement and Compliance - How Does the Board Fit In?, Wednesday, November 26, 2014
Hot Topics in U.S. Securities Litigation - Hot Topics in U.S. Securities Litigation, Tuesday, February 03, 2015
Audit Committees and Delaware Law - Audit Committees and Delaware Law , Wednesday, February 18, 2015
MP4 - Mobile Video Seg  MP4 - Mobile Video Seg Enforcement and Compliance - How Does the Board Fit In? - Enforcement and Compliance - How Does the Board Fit In?, Wednesday, November 26, 2014
The Growing Role of the Audit Committee - The Growing Role of the Audit Committee , Wednesday, November 26, 2014
Hot Topics in U.S. Securities Litigation - Hot Topics in U.S. Securities Litigation, Tuesday, February 03, 2015
Audit Committees and Delaware Law - Audit Committees and Delaware Law , Wednesday, February 18, 2015
On-Demand Web Programs  On-Demand Web Programs Directors' Institute on Corporate Governance 2014 (Twelfth Annual), Monday, December 08, 2014, New York, NY
Fourteenth Annual Institute on Securities Regulation in Europe: Practical Implications of U.S. Law on EU Practice, Tuesday, February 03, 2015, London
Corporate Governance -- A Master Class 2015, Tuesday, February 24, 2015, New York, NY
Live Webcast  Live Webcast Directors' Institute on Corporate Governance (Thirteenth Annual), Friday, November 20, 2015, New York, NY
Live Seminar  Live Seminar Directors' Institute on Corporate Governance (Thirteenth Annual), Monday, November 23, 2015, New York, NY
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