Larry Johnson, CPA is Chairman and CEO of Veris
Consulting, LLC, which he founded in 2000. He co-founded Johnson Lambert & Co. in
1986 and served as that firm’s managing partner through 2005.
Larry has participated in numerous professional standard-setting bodies, including
the Accounting Standards Executive Committee of the AICPA, which was the highest
authority in the AICPA over industry-specific accounting and reporting matters.
He has testified in federal and state courts, arbitration hearings, and depositions
on a variety of accounting, financial reporting, auditing, causation, and damages
issues including, among others, revenue recognition, asset valuation, loss reserving,
related party transactions, financial statement disclosure, and the application
of generally accepted auditing standards.
Larry has also served as a member of the AICPA Insurance Companies Committee and
its task forces on auditing loss reserves, mutual life insurance accounting, and
environmental liabilities. He chaired the AICPA’s task force on reinsurance accounting
and served on both its Relations with Actuaries Committee and its Financial Services
Experts Panel.
Before the formation of Johnson Lambert & Co., Larry was a partner at Ernst & Young
(formerly Ernst & Whinney), where he directed its Washington, DC audit practice
and its Mid-Atlantic Region insurance practice. Larry received his B.S., magna cum
laude, from the University of Maryland. He serves on the advisory board
of the College of William & Mary.