Jim_Schmid

Jim Schmid CPA/ABV, CFE, CFF, CCA

Founding Member and Managing Director, ResX

Jim Schmid is the founding member and managing director of ResX, PC. He was a partner at Grant Thornton LLP (“GT”) until 2013 when started ResX with the goal of providing in-depth professional services that were responsive, cost effective, and impactful.

Jim was the national leader of GT’s construction forensics practice and the partner in charge of GT Michigan’s Litigation and Valuation practice. He is an engineer and a certified public accountant (CPA). He has over 35 years of experience testifying on lost profits, intellectual property damages and/or valuation, construction claims, and business valuation. Jim has performed hundreds of contract compliance audits for construction projects, royalty agreements, and purchase agreements. Additionally, he has been an arbitrator in commercial disputes, neutral accountant for the court, and compliance monitor of the DOJ Washington DC. He is twice past Chairman of the MACPA Litigation and Valuation Committee, is a member of the Finance Committee for the Detroit Athletic Club, and a member of the board of directors for the Detroit Area Construction Association (DACA) and Life Directions, a Detroit based youth mentoring charity. Jim is a licensed CPA, accredited in business valuation by the AICPA (CPA/ABV), a Certified Fraud Examiner, Certified in Financial Forensics (CFF), and a Certified Construction Auditor (CCA). Mr. Schmid has a Bachelor of Science in Engineering and an MBA from the Ross School of Business at the University of Michigan.


Appearances