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Frank L. Dery

Frank L. Dery

Director, Forensics
Chicago, IL, USA


Mr. Dery is Director with the PwC Forensics practice in Chicago.


July 2003 – Present

Mr. Dery specializes in forensic accounting investigations across a variety of industries, including medical devices, healthcare, manufacturing, government contracting and agricultural products. Mr. Dery's range of experiences includes working on multiple investigations involving financial statement restatement, Foreign Corrupt Practices Act violations, asset misappropriation, agricultural compliance, and stock options backdating. In addition to leading investigations in the United States, Mr. Dery has managed investigations in Russia, Brazil, Switzerland, France, Slovakia, Greece, Monaco, Saudi Arabia, and Abu Dhabi.  Additionally, Mr. Dery has developed and taught several investigations related training courses within PwC.

Mr. Dery also specializes in providing litigation support services for both public and private clients. Mr. Dery's litigation case experience focuses on transaction related disputes, including working capital disputes, earn-out disputes and claims of breaches of representations and warranties.  Mr. Dery has also served in the arbitrator role in the dispute resolution process.  Mr. Dery also routinely advises clients on drafting purchase agreements and other transaction related issues.  In addition to transactional disputes, Mr. Dery's litigation experience includes engagements involving agricultural compliance, damages calculations, assessing material adverse change in the construction industry, and evaluation of appropriate accounting treatment.

Mr. Dery served on the Illinois CPA Society Fraud Conference planning committee for 2013.  As a member of the planning committee, Mr. Dery helped identify topics and assisted with the hosting of the event.  Mr. Dery is also serving on the 2014 Illinois CPA Society Fraud and Forensics Conference planning committee.

Mr. Dery is also a member of the Illinois CPA Society Accounting Principles Committee.  As a member of this committee, his duties focus on reviewing exposure drafts of proposed accounting standard revisions and providing timely responses to the relevant standard setting organizations (i.e. FASB, SEC, etc.).

From 2007 – 2012, Mr. Dery served as a co-instructor for "Detecting and Investigating Financial Fraud", a graduate student course at the University of DePaul.


Master of Accounting
June 2003
University of Michigan

Bachelor of Business Administration, Highest Distinction
May 2002
University of Michigan


  • Certified Public Accountant
  • Certified Fraud Examiner
  • Certified in Financial Forensics (AICPA)


Proficient in French

Professional Memberships

  • American Institute of Certified Public Accountants (AICPA)
  • Association of Certified Fraud Examiners (ACFE)
  • Illinois CPA Society

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