James Francis
Valuation & Tax Principal

James Francis has more than 45 years of Valuation and Tax experience advising clients on complex litigation, valuation, and tax issues. James primarily serves clients in the Oil & Gas Industry, Professional Services, Healthcare and Not for Profit industries.

Professional Certifications

  • Certified in Financial Forensics (CFF)
  •  Certified Public Accountant (CPA)
  • Accredited in Business Valuation (ABV)
  • Accredited Petroleum Accountant (APA)
  • Diplomate of the American Board of Forensic Accounting (DABFA)

Professional Organizations

  • Past-Director of the New Mexico Society of Certified Public Accountant (NMCPA)
  • Past-Director and Vice President of Petroleum Accountants Society of New Mexico (COPAS)
  • Member of American Institute of Certified Public Accountants (AICPA)
  • Member of New Mexico Society of Certified Public Accountant (NMCPA)


  • B.B.A. with Honors, New Mexico State University

Professional Experience

  • 2014-2020 Consultant on complex litigation, valuation, and tax issues
  • 1995-2014  President of Johnson, Miller & Co., a Certified Public Accounting firm with a staff of 100 including 35 CPA’s in Hobs, New Mexico and Odessa and Midland, Texas
  • 1986-1994  Director-in-charge of Hobbs office of Johnson, Miller & Co.; the Hobbs office has a staff of 30 including 8 CPA’s
  • 1981-1986  Audit Coordinator for Hobbs office
  • 1975-1981  Audit and consulting staff member for Johnson, Miller & Co.


  • Co-author of “Fundamental Issues in New Mexico Business Valuations”, National Business Institute, 1999
  • Co-author of “Tax Aspects of Divorce in New Mexico”, National Business Institute, 2002
  • Author of Chapter Nine, “Planned Giving”, John Wiley & Sons, Inc. 1998 Supplement
  • Speaker at 1996 New Mexico Oil & Gas Association annual meeting on “New Mexico Taxation and the Oil and Gas Industry.”