Richard Gesseck

Richard H. Gesseck, CPA Cheshire, Connecticut Dick Gesseck has over 45 years of public accounting experience, including 20 years as an audit partner with Ernst & Young LLP and 10 years as an audit partner with regional firms. He has served publicly and privately held companies in manufacturing, construction, real estate, distribution, service, and not-for-profit industries. Dick graduated from the University of New Haven in 1970 and was promoted to partner at E&Y in 1983. He is a past president of the Connecticut Society of CPAs and has served and/or chaired many of its committees. Dick has lead hundreds of accounting and auditing seminars and conferences for which he has received numerous discussion leader awards, including the AICPA and CTCPA. He served for many years as an adjunct professor at the University of New Haven, Quinnipiac University and Fairfield University and also taught nationally recognized CPA review programs. Currently he is an adjunct professor at the University of Connecticut. Most recently Dick authored for the AICPA, the "Financial Reporting Framework for Small-and Medium-Sized Entities." Previously he authored the "Auditor's Risk Assessment Process: Tackling the New Risk Assessment SASs", "Detecting Misstatements Using Risk Assessment Procedures" and "Applying the Risk Assessment Standards Using a Case Study Approach" courses for the AICPA. He also co-authored "Applying the PCAOB Audit Risk Standards to Smaller Issuers" and "Applying the Risk Assessment Procedures to Smaller Businesses" for the AICPA. Dick updated the AICPA's Audit Guide "Assessing and Responding to Audit Risk in a Financial Statement Audit" as of March 2012 for SAS No. 122 "Statements on Auditing Standards: Clarification and Recodification." Dick is currently a member of the Financial Accounting Standards Board Small Business Advisory Committee and a member of the Connecticut State Board of Accountancy. Dick also serves on other boards and chairs audit committees of public and privately-held entities.