MICHAEL MCENERNEY, ESQ./CPA, ASA
AREA OF EXPERTISE
All neutrals on the DPR Panel are willing to travel to the neighbor islands and the mainland. If you have any questions, please contact DPR at (808) 523-1234
MICHAEL T. McENERNEY, MBA, JD, CPA/ABV/CFF, ASA, CVA., President of McEnerney, Shimabukuro, & Fujita CPA, AAC. He has been practicing in Hawaii since 1977.
He received his Juris Doctor cum laude degree from Northwestern University in Chicago in June of 1976. He received a Masters of Business Administration degree from the University of Hawaii Manoa in June of 1970 following receiving his undergraduate degree cum laude from Wisconsin State University Platteville where he earned majors in accounting and business administration/finance.
He passed the CPA examination in Chicago in 1974, is registered as a CPA in Illinois and holds a permit to practice in Hawaii. He has been extensively involved in appraisal of small business interests and holds the Accredited Senior Appraiser (ASA) designation from the American Society of Appraisers and the Certified Valuation Analyst (CVA) from the National Association of Certified Valuation Analysts (NACVA). The American Institute of Certified Public Accountants (AICPA) has instituted specialty designations. He was among the first in the country to earn the Accredited in Business Valuation (ABV) designation and Certified in Financial Forensics (CFF) designation. His professional memberships in accounting and business appraisal include AICPA, Illinois CPA Society, Hawaii Society of CPAs, American Society of Appraisers, NACVA and Institute of Business Appraisers.
He was admitted to the bar in Illinois in 1976 and the Hawaii bar in 1978. He is admitted to the federal Northern District of Illinois and Honolulu District, the US Tax Court, the 9th Circuit Court of Appeals and the US Supreme Court. His legal professional memberships include Illinois Bar Association, Hawaii Bar Association and the American Bar Association along with membership in various committees of these organizations.
He was employed in the tax department of an international accounting firm and ran the tax department of a local firm prior to starting his own firm in the early 80s which firm evolved into its current name in 1995.
His firm is a member of the Financial Consulting Group, North America’s largest organization of business valuation and litigation services firms. This group includes many nationally recognized business appraisal experts. Membership provides the opportunity for technical assistance in complex cases, access to highly experienced professionals for joint projects, quality continuing education and access to technical journals articles and assistance.
He became involved in family law issues in the early 1980’s starting with tax matters in divorce and valuation issues in small business interests in divorce. In addition to working with family lawyers on these issues, he has been appointed by the courts as a master and as a joint expert in many cases. He as also acted as an arbitrator. He has over 16 such appointments (master, joint or arbitrator) in addition to the over 90 cases where he has appeared as an expert and/or had formal reports submitted and/or had his deposition taken. He has experience in analyzing many differing types and sizes of companies operating in Hawaii as part of the hundreds of cases that did not reach a trial or deposition stage. He has worked with both the business owner and the non-owner. He has testified as to tax rules, financial considerations, value issues, damage issues and accounting matters.
He has written segments of the Hawaii Divorce Manuel including the Tax Section for 1996 edition and the 1997 & 1998 updates and has been the lead author of the Business Valuation in Divorce section (along with Gary Kuba and John Candon). He has published many articles on business valuation and tax issues and has been a presenter for over 20 years speaking to accountants and attorneys on tax and valuation issues. He has addressed the Family Law Section on several occasions covering tax and valuation matters.
He has been a visiting assistant professor at the University of Hawaii Manoa in the late 1970s covering tax matters and lectured at Chaminade University in their MBA program from 1979-1989.
He has been active in the professional community including serving on the Board of Directors for the Hawaii Society of CPAs and as the chair of committees. He has been an officer and the State Director for the Hawaii Chapter of the American Society of Appraisers and has served on the Child Support Guidelines Committee of the Family Court. He also acts as an advisor to the Regulated Industries Complaints Office (RICO) of the Department of Commerce and Consumer Affairs (DCCA) of the State of Hawaii. He was a member of the Tax Review Commission of the State of Hawaii and is currently a member of the University of Hawaii Board of Regents.
He served in the military in Berlin in the early 70’s earning the National Defense, WWD Occupation Forces, Good Conduct and ARCOM awards.
He and Irene K. Yanamura, MSLIS, of Pearl City, were married in 1972. Irene works with him in the firm. They had four children and are the proud grandparents of 8 grandchildren.