Senior Manager, Forensic & Integrity Services, EY
Sarah Dalton leads the EY U.S. Cannabis Market Business Development group and works closely with the Firm’s Risk Management function for the Americas and the U.S. General Counsel’s Office, as well as other global and regional leaders in the consumer products and agriculture industries, to identify and pursue opportunities in the legal cannabis space with an emphasis on clients operating in hemp and hemp-derived CBD. Over the past two+ years, Sarah has coalesced a working group of nearly 150 multi-disciplinary executives across the firm with experience across industries to bring innovative solutions to companies operating in this nascent sector.
Sarah provides growth and strategy advice to U.S. and Canadian companies interested in entering or expanding their footprint in the cannabis market. She works with clients to assess risk, perform business partner and transaction due diligence, conduct anti-bribery and corruption assessments, design compliance and anti-fraud controls, develop ethics and compliance programs, perform investigations into potential wrong-doing, and act as an expert or independent accountant in litigation involving accounting or finance implications and M&A dispute matters involving working capital adjustments and earnouts.
She also works with state cannabis regulators in the U.S. to perform risk and control assessments, perform licensing investigations, and evaluate investigation and audit procedures to identify areas of improvement.
Sarah has led numerous fraud investigations involving whistleblower allegations, bribery and corruption, ethics and compliance violations, management failures, financial misstatements, asset misappropriation, and conflicts of interest and collusion. She works closely with companies and their legal counsel to conduct these investigations and assessments and to provide related expert witness services in litigation and alternative dispute resolutions.
Sarah has a decade of experience assisting clients throughout the transaction lifecycle including drafting accounting language in M&A contracts, performing bribery and corruption due diligence and enhanced background checks on key parties, providing guidance on working capital and earn-out matters, determining the strength of disputed accounting positions between parties, and performing expert and neutral arbitration support and dispute resolution.
Sarah is a frequent speaker on forensic and litigation topics including integrity and compliance program considerations, investigation procedures and pitfalls, accounting for litigators and M&A disputes.