Grobstein Teeple LLP

Biography

Wes Elair, CPA, is an Audit Partner in the firm, specializing in audit and assurance, technical accounting, and audit-readiness matters involving U.S. GAAP, IFRS, AICPA GAAS, SSARS engagements, and firm quality-management requirements. He has experience performing and supervising audits under both U.S. GAAP and IFRS reporting frameworks, including complex accounting, disclosure, and audit documentation matters.

A Certified Public Accountant of fourteen years licensed in two countries, Wes began his career in Tunisia, auditing major institutions including the Central Bank of Tunisia and French multinationals operating across Africa. For the past seven years he has practiced across U.S. industries, performing financial statement audits, reviews, and compilations for privately held and closely held companies ranging up to businesses with revenues exceeding $1 billion, including multi-entity consolidated groups with complex matters such as goodwill, acquisitions, long-term debt, multiple revenue streams, and derivatives.

His assurance experience spans construction contractors, where he focuses on contract revenue recognition under the percentage-of-completion and completed-contract methods, work-in-progress and job-cost review, change orders, retainage, and disclosures relevant to lenders and bonding companies; healthcare organizations, including medical practices, clinics, and long-term care facilities, with emphasis on patient service revenue, third-party payor settlements, contractual allowances, and controls over billing and cash receipts; manufacturing, distribution, and services businesses, including hospitality; and not-for-profit organizations, including Single Audits under Uniform Guidance and review of the statements of financial position, activities, cash flows, and functional expenses. He also performs full- and limited-scope audits of 401(k) plans in compliance with DOL and ERISA standards, testing contribution timeliness, investment elections and returns, distributions, and participant eligibility.

Beyond attestation, Wes advises on internal control over financial reporting, identifying control weaknesses and recommending and implementing improvements across cash disbursements, cash receipts, payroll, the sales cycle, inventory management, and month-end reporting. He assists entities in preparing for external audits through balance sheet reconciliation, supporting schedules, and GAAP-compliant footnotes and disclosures, and delivers advisory support in corporate structuring, financial analysis, and cash flow forecasting in a fractional CFO capacity.

Wes is a member of the American Institute of Certified Public Accountants (AICPA), the Tunisia Certified Public Accountants Association, and the Tunisian American Young Professional Association. He holds a Bachelor's degree in Accounting from the University of 7th November at Carthage, Tunisia, authored a 2019 professional thesis on the expanding role of CPAs in wealth management, and is fluent in English, French, and Arabic.

Wes Elair is particularly suited for matters requiring partner-level audit judgment on privately held companies, U.S. GAAP and IFRS technical analysis, employee benefit plan and Single Audit experience, audit-readiness support, and practical resolution of complex assurance, internal control, and reporting issues — including engagements with cross-border or multilingual reporting considerations.