HMC Business Consulting, LLC

Herbert M. Chain, MBA, CPA

Independent Director, Audit Committee Chair, SOX Financial Expert, Accounting and Auditing Professional, Professor,  Consultant

Sound advice based on experience

Professional Experience


Thirty-eight years of "Big 4" professional audit and advisory experience with Deloitte, serving public and private clients. University professor specializing in Business Ethics, Enterprise Risk Management, and SEC Practice.
  • Significant board/governance experience, with a boardroom presence.
  • Qualified as "Audit Committee Financial Expert" under Sarbanes-Oxley and SEC provisions.
  • Broad and deep SEC and PCAOB experience, including public offerings (i.e., IPOs), periodic filings, and auditing standards and rules.
  • At Deloitte, served public and private investment advisers, mutual funds, ETFs, REITs, physical commodity traders and distributors, commodity pools, investment partnerships, trust companies and broker-dealers. Experience in other industries.
  • Understanding of technology and its implications (and application) to the profession and audit engagements.
  • Member of the firm’s professional practice network and East Region deputy professional practice director.
  • Served as Chief Marketing Officer for Deloitte's Northeast Investment Management practice.
  • 10 years of professorship at St. John's University, teaching professional ethics, ERM and SEC practice.

Certifications, Licenses, and Education

  • NACD Directorship Certification (2020)
  • American Academy of Corporate Directors - Advanced Professional Director Certification (2020)
  • New York State CPA (1978)
  • MS New York University - International Relations (2007)
  • MBA Wharton Graduate School of Business, University of Pennsylvania - Finance and Accounting (1977)
  • BS Duke University - Marine Geology (1974)


My LinkedIn Profile

https://www.linkedin.com/in/herbchain

Why me?

I bring experience, on-demand expertise and objectivity to any assignment or project.

Throughout my 40-year professional career I have subscribed to the philosophy of the great Peter Drucker. He believed that his "... greatest strength as a consultant is to be ignorant and ask a few questions." What that means is that I will listen to you and your issues, in order to define the best process and methodology to address your issues and concerns.

I am ready to help you succeed and accomplish your objectives.