Raymond  Dovell

Partner-in-Charge, Valuation, Forensic
& Litigation Services - PA Region


About Raymond

Ray Dovell is a partner-in-charge in the Firm’s Valuation, Forensic & Litigation Services group of the PA Region. He came to Marcum in 2015 via the Firm’s merger with Smart Devine, a leading full-service accounting firm in Philadelphia, where he was managing director of the Forensic Accounting and Insurance Group, as well as the environmental practice.

Raymond has over 29 years of experience as a consulting and testifying expert on forensic accounting matters. He has been engaged by major U.S. and international law firms, legal departments, and corporations to investigate fraud allegations, resolve business disputes, analyze damages, and provide a wide range of services in cases involving environmental issues. He has testified in federal and state courts, arbitration hearings, and grand jury investigations.

He has conducted fraud investigations, assisted clients with recoveries including assessing potential litigation, and presented his investigative findings to prosecutors. He has been retained in civil litigation to: review accounting and business records to identify successor liability factors; analyze internal and external reasons for business losses and failures; and investigate accounting issues and representations under purchase agreements and contracts. He has also prepared and critiqued economic damage claims for both businesses and individuals.

Raymond has analyzed accounting-related issues at more than 125 environmental cleanup sites throughout the United States and Puerto Rico including landfills, waterways, mines, government facilities, manufacturing plants, oil and solvent recyclers, refineries and metal smelters. He has assisted clients in negotiating settlements of government claims for past costs and oversight costs. His practice also includes analysis of costs in private party claims and insurance coverage disputes, allocation of shares based on volume, and allocation of costs for statute of limitations, divisibility, and other case-specific defenses.

Raymond began his professional career as an auditor with the U.S. Department of Labor, Office of Inspector General, and as a Special Agent with OIG’s Labor Racketeering Program.

Professional & Civic Affiliations

  • American Institute of Certified Public Accountants (AICPA)
  • Association of Certified Fraud Examiners (ACFE)
  • New Jersey Society of CPAs (NJSCPA)
  • Pennsylvania Institute of Certified Public Accountants (PICPA)

Practice Focus

Bankruptcy Litigation
Contract & Business Disputes
Environmental Insurance
Coverage Disputes
Environmental Litigation
Federal & State Environmental Cost Claims
Financial Damage Analysis
Forensic Accounting
Fraud Investigations
Private-Party Environmental Cost
Analysis & Allocation

Industry Focus

Litigation Support


BS, Accounting
LaSalle University