Ted began his finance and accounting career working for eight years in Big 8 and regional CPA firms in audit and systems consulting in New York City and eastern Pennsylvania. He received an accounting degree with honors from the Pennsylvania State University Smeal Business School. In the corporate world, he served as the Controller, Director of Finance, and CFO of a number of companies where he directed the finance, accounting, IT, purchasing, and HR departments. Ted is a founding board member of the North Carolina Executive Roundtable and serves on its audit committee.
Ted’s background encompasses more than 30 industries, including high tech, manufacturing, pharmaceutical, biotech, food, telephony, textile, construction & utilities. He founded Bachman & Associates in 1979 specializing, as a part-time and interim CFO/Controller and IT systems development and installation consultant. When the Sarbanes Oxley Act (SOX) was passed in 2002, he combined his prior business experience and knowledge of internal controls with specific studies and added the SOX specialization to his long resume. Using his unequaled performance and uncompromising quality, he delivers outstanding value to US and international companies by helping them comply with all the requirements of the Sarbanes Oxley Act.
Ted’s ability to quickly identify cost saving opportunities in operations as well as finance and accounting areas allows him to quickly communicate creative solutions to management when other consultants have yet to understand the problems. Ted uses the knowledge that he gained in public accounting and his hands-on management experience to help numerous businesses and nonprofits develop solutions that are effective, practical and within the budget.
Ted has taken the experience gained in helping numerous large companies become SOX compliant and has scaled it down to apply to smaller organizations and start-ups. He has worked with nonprofits, small businesses and start-ups to obtain the funds necessary to grow those organizations.
Directors of nonprofits have realized that their fiduciary responsibilities expose them to legal liabilities and they want to ensure that the organization has processes and systems with strong internal controls. He has performed risk and internal controls assessments for small businesses and nonprofits to address these needs. He has developed cost effective management reporting systems that fulfill the requirements of government reporting and provide Key Performance Indicators unique to their business that enable executives to make informed management decisions.