Archives for August 2011

The PRIME Symposium

Join your hosts, The Platt Group, publishers of INSIDE Public Accounting (IPA), for an in-depth, hands-on symposium. The PRIME Symposium is a two-day event for MPs and leaders across the industry. Focused on best-practices and built around the IPA Best of the Best, this inaugural symposium is sure to become a new tradition. The PRIME Symposium is a must-attend event.

 

WHO SHOULD ATTEND: MPs, CEOs, COOs, office MPs, new MPs and Firm Administrators

WHERE: The Conrad Indianapolis Hotel, Indianapolis, Indiana

TOPICS: Best practices in…compensation, accountability, client retention and development, growth strategies, succession issues and hands-on advice from IPA’s Best of the Best firms. Expect to learn from IPA’s Best of the Best at roundtable discussions and keynote presentations. Hear the results from the just-completed 2011 IPA National Benchmarking Report.

WHAT TO EXPECT: A unique blend of best practice leadership topics, with 50- to 60-minute roundtable discussions, based on firm size, following key sessions. A hands-on, engaging symposium with your most admired peers and leaders, Best of the Best MPs and IPA most recommended consultants. Interact with leaders from around the country, harness their energy and best practices, and prepare yourself to lead change at your firm.

FEES: First attendee: $1,295. Additional attendees from the same firm: $995.

Be among the select few to participate in this inaugural event. Be sure to register early – space is limited.

Citrin Cooperman Recognizes Outstanding Achievement

The partners of New York-based Citrin Cooperman (FY10 net revenue of $102 million) announced that they are formally recognizing the outstanding contributions of several of their colleagues.  Admitted to the partnership were Mary Paladino, CPA and William Brenner, CPA. 

“These individuals have consistently displayed the characteristics we require for individuals seeking advancement in our firm. Each have great technical skills, a record of superior client service, and are team players,” said Citrin Cooperman’s managing partner Joel Cooperman. “We look forward to their further achievements and contributions as we continue to offer our clients the services they need to grow and prosper.”

William Brenner, formerly a director working out of the firm’s White Plains, N.Y., office, provides business consulting, tax, and accounting services to the owners of closely held businesses in a wide range of industries, including construction, healthcare and real estate. 

Mary Paladino, formerly a director, specializes in accounting and auditing, benefit plan audits and mergers and acquisitions. With more than 20 years of public accounting experience to clients at Citrin Cooperman’s White Plains office, Paladino serves clients in the construction, and manufacturing and distribution industries, among others.

Seim Johnson Names New MP

Seim Johnson, Omaha (FY10 net revenue of $11.8 million), named Roger Thompson the firm’s MP. “I am excited about my new leadership role in the firm and see many great opportunities for the firm to continue its growth and success in the upcoming years,” says Thompson.

Thompson succeeds Tom Schnack, who has served as the MP since 2005.

EisnerAmper Launches New Consulting Services Group

New York-based EisnerAmper (FY11 net revenue of $254.6 million) launched Consulting Services Group, to be led by James “Jim” Mack.

Among the primary services offered by EisnerAmper Consulting Services are enterprise risk management; internal audit and controls, Sarbanes-Oxley compliance; pre-IPO readiness; finance function transformation and technology risk, including privacy and data security.

Weaver Names PIC of Assurance Services Group

Fort Worth, Texas-based Weaver (FY11 net revenue of $66.4 million) named Brett Siegfried PIC of assurance services in the firm’s San Antonio office.
 
Siegfried joined Weaver in 2010 as a San Antonio audit partner.

Siegfried brings more than 16 years of experience in accounting, including financial analysis, financial/divisional management, as well as SEC reporting and filings, internal audit procedures, internal consulting, US GAAP/IFRS compliance, due diligence analysis, variance reporting, enterprise risk assessments and Sarbanes-Oxley implementation. He focuses on finance/accounting management, internal controls evaluations, budgeting/forecasting and capital request analysis and approval.

Smolin Lupin Admits McDermott to Partner

Fairfield, N.J.-based Smolin Lupin & Co. (FY10 net revenue of $14.8 milion) admitted Karen McDermott to partner.

“Karen has extensive experience dealing with various tax related issues and shares Smolin Lupin’s commitment to excellence,” said Theodore J. Dudek, CPA, MP of the firm. “She will provide new perspective as we continue to grow and evolve.”

Rosen Seymour Shapss Martin Admits Two Partners

New York-based Rosen Seymour Shapss Martin & Co. (FY10 net revenue of $49.6 million) admitted Steve Marcus and Jeff Schwartz to partner.

Marcus is a principal in charge of audits of manufacturing, wholesale distribution and software technology companies and local governments. 

Schwartz has forty years of experience in public accounting providing accounting, auditing, tax and management consulting services to a wide spectrum of privately held and family owned businesses.

Marks Paneth & Shron Admits Forensic Accounting Specialist to Partner

New York-based Marks Paneth & Shron admitted Eric Kreuter to partner in the firm’s litigation and corporate financial advisory services group.

Kreuter recently served as a partner at BST Valuation & Litigation Advisors, a New York accounting and consulting firm. Kreuter was a founding partner of Marden, Harrison and Kreuter, CPAs a firm where he worked, including its predecessors since 1983.

Baker Tilly Announces New Roles for DC Leaders

Accounting and advisory firm Baker Tilly Virchow Krause LLP has named partner Matthew Hallam as the new Managing Partner for the firm’s DC Office. Ed Offterdinger, who previously served in this role, has been promoted to the position of Executive Managing Partner, a firmwide leadership position in the Office of the CEO. 

Hallam will oversee operations for the firm’s 300-person office in Tysons Corner. He will continue to manage the DC Office’s Tax and Assurance Group, and will work closely with Jere Shawver, Managing Partner for the DC Office’s Consulting Practice. Shawver and Hallam will continue to report to Offterdinger. 

“Matt’s deep relationships in the DC business community and experience serving Baker Tilly clients are the qualifications needed to pursue opportunities in this important market for our firm,” Offterdinger said. “No one is more passionate about our people and the importance of helping them build the skills needed to grow professionally and serve as valued business advisors to their clients.” 

A merger with the regional firm of Beers + Cutler in December 2009 brought Baker Tilly to Metro Washington. Since joining the former Beers + Cutler firm in 1992, Hallam has served in a number of leadership roles including the firm’s Executive Committee. He has extensive experience working with large real estate companies and their owners on financial reporting, taxation, and business advisory matters. Hallam also currently serves as treasurer of NAIOP/Northern Virginia, a leading commercial real estate development association.

“Having spent my entire career with the firm in this region, I’m very excited about the opportunity to lead our DC Office,” Hallam said. “We’re fortunate to be practicing in such a vibrant business community, and we have great people on our team. Striving to be a valued business advisor has been my focus since I started my career. I look forward to working closely with the next generation of leaders to make sure this passion for client service continues.” 

As Executive Managing Partner for the firm, Offterdinger supervises Baker Tilly’s tax, assurance and consulting Managing Partners, as well as its sales, marketing, and HR functions as part of his expanded role. He will also work closely with the Firmwide Industry Leaders who are charged with leading growth for the major industry verticals. Ed will continue to reside in the DC region and maintain his long-time involvement in local business, civic, and non-profit activities. 

“Ed’s extensive experience in both operations and strategic planning will allow him to have an immediate and positive impact,” said Baker Tilly CEO Tim Christen. “He will still be based in DC and will utilize his extensive knowledge of that market to assist Matt and Jere. At the same time, he’ll spearhead our firmwide efforts to uncover new opportunities while ensuring we’re also expanding our capabilities with the best people and training programs for our staff.   

In other developments, Jere Shawver, has been appointed to a new firm-wide Risk Services leadership position. In addition to these responsibilities, Shawver, who has been with the firm since 1998, will continue in his role as Managing Partner of the firm’s DC Consulting practice which includes Government Contractor Advisory Services, Federal Government Consulting, Risk Services, Higher Education, Business Information Systems, and Financial Advisory Services.  

“These changes in management enable us to utilize our people to their highest and best use.” said Christen. “The continued growth and success of the firm drove the change to develop this new management structure, which I am confident, will help us to meet our plan for continued growth.”

Baker Tilly Names Thirteen New Partners and Twelve Enter Partner Development Program

Accounting and advisory firm Baker Tilly Virchow Krause LLP has named thirteen new Partners. Also announced is the addition of twelve entering their Partner Development Program.

Thirteen New Partners

Angela Achenbach specializes in serving the construction and real estate industries. She is a member of the Wisconsin and American Institutes of Certified Public Accountants, the Associated General Contractors of Greater Milwaukee, the Construction Financial Management Association, and the Affordable Housing Association of CPAs.  Angie earned her Bachelor of Business Administration in Accounting from the University of Wisconsin—Whitewater. She is a member of the firm’s Construction/Real Estate team and resides in Milwaukee.

Todd Bernhardt is a member of the firm’s Retail Services team and specializes in auditing and financial reporting for mid-market companies. Todd is a member of the American and Wisconsin Institutes of Certified Public Accountants, the Wisconsin Grocers Association, the National Association of Convenience stores, the Wisconsin Petroleum Marketers and Convenience Store Association and the Rosenberry Society of the United Way.  He holds an IFRS certification and is a graduate of the University of Wisconsin—Whitewater where he earned a Bachelor of Business Administration in Accounting. Todd resides in the firm’s Madison office.

Frank Nardi resides in the firm’s Chicago office and is a member of the Construction/Real Estate industry team.  He received a Bachelor of Science in Business Management from St. John’s University, and a Bachelor of Science in Accounting from S.U.N.Y. College at Old Westbury. Frank’s professional memberships include the American Institute of Certified Public Accountants, the Illinois CPA Society, the International Council of Shopping Centers, and the Affordable Housing Association of Certified Public Accountants.

Joshua Meinen specializes in serving manufacturers and distributors, including expertise with life science/emerging technology companies. He is a member of the American and Wisconsin Institutes of Certified Public Accountants, Financial Executives International, the Wisconsin Innovation Network, and BioForward. Josh earned his Bachelor of Science in Accounting and Finance from the University of Wisconsin–LaCrosse. He is a member of the firm’s Manufacturing and Distribution team and is located in the Madison office. 

Peter Pearce is a member of the firm’s consulting practice and specializes in enterprise business system implementations. Peter focuses his work in the manufacturing industry with specific emphasis on the automotive, commercial, and defense sectors. Currently, Peter is a leader in the Plex Online Software-as-a-Service practice. Peter earned a Bachelor of Business Administration in Computer Information Systems from Western Michigan University. He is located in the Detroit Office.

Brian Quandt specializes in strategic tax planning and transaction services, client relationship management, and business/tax consulting. He works closely with clients in the manufacturing, professional services, and hospitality industries. Brian holds a Bachelor of Business Administration in Accounting and a Masters of Accountancy in Tax from the University of Wisconsin-Madison. He is a member of the American and Wisconsin Institutes of Certified Public Accountants. 

 David Johnson is a member of the Firm’s Assurance Operations team where he assists Firm leadership in creating and administering effective quality assurance practices.  Prior to joining the Firm’s Assurance Operations team, David served privately-held businesses in the manufacturing and distribution industries. David graduated from the University of Wisconsin-Madison with a Bachelor of Business Administration in Accounting and Marketing. He is a member of the American Institute of Certified Public Accountants and resides in the Madison Office.

Jason Page provides attest services to privately-held manufacturing and commercial clients as well as SEC reporting entities. In addition, Jason has specific experience related to International Financial Reporting Standards. His professional memberships include the American and Wisconsin Institutes of Certified Public Accountants. He is a graduate of the University of Wisconsin-Whitewater and has a Bachelor of Business Administration in Accounting. 

James Smolinski, a member of the firm’s Assurance Operations team, assists firm leadership in creating and administering effective quality assurance practices. He is a member of the Wisconsin and American Institutes of Certified Public Accountants.  Jim graduated from the University of Wisconsin-Whitewater where he earned a Bachelor of Business Administration in Accounting. Jim resides in the Madison Office.

Sean Sant has significant experience in tax compliance and consulting with a concentration in serving privately-held companies and their business owners. Sean’s professional memberships include the American Institute of Certified Public Accountants and the Michigan Association of Certified Public Accountants. Sean is a distinguished graduate of the University of Michigan-Dearborn with degrees in Professional Accounting, Information Systems and Managerial Economics. He attended Walsh College where he earned a Master of Science in Taxation. Sean is a member of the firm’s Construction Real Estate Team in the Detroit office.

Kevin Schalk has been serving financial institutions since 2000 with significant emphasis on mortgage banking. He earned his Bachelor of Arts in Accounting and Business Administration from Carroll College. Kevin is a member of the American and Wisconsin Institutes of Certified Public Accountants and the Financial Managers Society – Wisconsin Chapter. Kevin resides in the Milwaukee office.     

Kurt Schroeder leads the Growth Strategies consulting practice within consulting.  With over 25 years of experience, he has a diverse industry background including agricultural, manufacturing, financial services, medical device, insurance and consumer packaged goods. Known for his outstanding organizational and consulting skills, Kurt has a thorough knowledge of market research, planning, segmentation, demand generation, opportunity management, and account management processes.  Kurt holds a Six Sigma Black Belt and is a graduate of Concordia University where he earned a Bachelor of Science in Business Management and Computer Science.

Christopher VanStraten specializes in providing comprehensive services to the health care industry with an emphasis on dental and physician practices, and is the Wisconsin Firm Leader for Baker Tilly’s health care practice. Chris also provides comprehensive financial and tax services to commercial services clients focused on professional services and retail industries. Chris’ professional memberships include the Wisconsin and American Institutes of Certified Public Accountants, the Academy of Dental CPAs, the Medical Group Management Association, and the National CPA Health Care Advisors Association.  He is a graduate of the University of Wisconsin-LaCrosse where he earned a Bachelor of Science in Accounting. Chris is located in the Appleton Office.

 Twelve enter Partner Development Program

 Christina Berger, JD, is located in the Milwaukee office and specializes in assisting clients with strategic tax services. Her primary practice areas include multi-state corporate income and franchise taxation, sales and use taxation, research tax credit studies, and federal audit defense. She has specific expertise in the area of international credit and incentive opportunities, and also participates in federal and state dispute resolution services including audit defense, appeal representation, ruling requests, and tax delinquency settlements. Christina is a member of the State Bar of Wisconsin, the Eastern District of Wisconsin, and the American Bar Association. She is a Cum Laude graduate of Babson College where she earned a Bachelor of Science in Business Administration. She earned a Juris Doctor from Marquette University Law School, and holds a Masters Certificate in State and Local Taxation from the University of Wisconsin-Milwaukee. 

Cindy Bratel specializes in project management for clients in the manufacturing and distribution industries as a member of the firm’s Consulting Practice. Her expertise provides clients with a comprehensive approach to selecting and implementing ERP systems, establishing operational efficiencies, planning and implementing customized process improvement techniques, and applying strategic sourcing solutions.  She is a graduate of the University of Wisconsin-Whitewater and holds a Bachelor of Business Administration in Management Computer Systems and a Masters in Business Administration in Management. Cindy resides in the firm’s Milwaukee Office.  She is a member of the Association for Operations Management, the Institute for Supply Management, and Professional Dimensions, a Milwaukee area women’s networking group.

Jodi Dobson, CPA, is a member of the firm’s Energy and Utilities team in the Madison Office where she specializes in serving municipal utilities, joint action agencies, and transit organizations. Her areas of expertise include performing financial audits, agreed-upon procedure reviews, and fraud investigations as well as preparing rate studies, cost of service studies, rate designs, and financial forecasts.  Her work with governmental units includes interpreting and implementing Governmental Accounting Standards. Jodi is an active member of a number of industry and professional associations including Municipal Electric Utilities of Wisconsin, Wisconsin Waterworks Association, Wisconsin Rural Water Association, and the American and Wisconsin Institutes of Certified Public Accountants.  Jodi is a published author of articles on utility regulation and accounting issues, and she served as a contributing author to the APPA Advance Accounting Manual. She is often called upon to speak on internal controls, fraud prevention, budgeting and other industry topics at both the local and national level.  Jodi is a graduate of Carthage College where she earned a Bachelor of Business Administration in Accounting and International Business. 

Sue Hong, CFA, MBA, is part of the firm’s Energy and Utilities team in the Milwaukee Office. Sue specializes in providing business process and performance management reviews and financial analyses for utilities. She has management consulting experience in the areas of compliance, financial and cost analysis, restructuring, and change management. Sue holds the Chartered Financial Analyst (CFA) designation. She is a Summa Cum Laude graduate of Seoul National University where she earned a Bachelor of Arts degree, and also holds a Master of Business Administration (MBA) in Finance, Economics, and Econometrics from the University of Chicago.

Christopher Jeffrey, CPA, is a member of the firm’s Risk Advisory Services group, Chris specializes in busines risk management, internal audit and compliance. He has specific expertise in complex global organizations, and serves clients in a number of industries including manufacturing, distribution, consumer packaged goods, real estate, not-for-profit, and higher education. His areas of focus include assessing enterprise-wide risks and compliance risks, establishment of internal audit functions, internal audit plans and internal control plans. He has significant experience managing large, complex engagements including international internal audit. Chris earned a Bachelor of Accounting from the University of Minnesota-Duluth.  He is a published author of articles related to internal audit, internal controls, and compliance, and is often a requested speaker at conferences related to these topics.  His memberships include the Institute of Internal Auditors, the Society of Corporate Compliance and Ethics, the American Institute of Certified Public Accountants, and the Minnesota Society of Certified Public Accountants. He is located in the Minneapolis Office. 

Andrew Katz is located in the DC Office where he provides tax, accounting, and business advisory services to real estate developers and institutional real estate owners. He has extensive experience advising private equity real estate investment funds. His work with real estate developers includes tax planning related to federal and state tax incentives, conversion of real estate appreciation from ordinary income to capital gains, and troubled debt structuring. Andrew is a frequent lecturer on partnership tax planning matters. He holds a Bachelor of Science in Accounting from the Robert H. Smith School of Business at the University of Maryland, and earned a Master of Science in Taxation from the Kogod School of Business at American University. He is a member of the American Institute of Certified Public Accountants, the Maryland Association of Certified Public Accountants, and the District of Columbia Building Industry Association. 
 
Peter McElwain, CPA, is a member of the DC Tax and Assurance Group specializing in serving the financial statement assurance and business advisory needs of clients across a broad range of industries including manufacturing, financial services, private equity, real estate, and hospitality. He has extensive experience serving US Securities and Exchange Commission, multi-national and multi-location clients, as well as in matters pertaining to internal controls, corporate governance, SOX, GAAS, US GAAP, and IRFS. He provides considerable international and US technical accounting guidance to senior client personnel, including advising companies on mergers and acquisitions, international operations, consolidations, impairment, income tax, leasing, and fair value accounting. Peter is a member of the American Institute of Certified Public Accountants and the Virginia Society of Certified Public Accountants. He is a graduate of the University of Virginia, McIntire School of Commerce and holds a Bachelor of Science in Commerce and a Masters of Science in Accounting.  

Michael Patti, CPA, work as a member of the firm’s Consulting Practice is focused on the consumer products, utilities, manufacturing, and public sector industries. He has specific experience analyzing, designing and implementing financial systems and business intelligence systems for clients.  Mike is a graduate of the University of Wisconsin-Whitewater and has a Bachelor of Science in Business Administration.  He is a member of the Wisconsin Institute of Certified Public Accountants and is located in the Chicago Office.

Susheel Saini, CPA, specializes in the manufacturing and distribution and financial institutions industries. He services clients that are privately held and publicly traded.  His experience includes year-end financial statement audits and internal control audits for multi-billion dollar organizations. His work with clients includes managing complex audit engagements, assisting with the selection, implementation, and training of accounting software, evaluating and strengthening internal control structure and systems, and merger/acquisition due diligence work. He is a member of the American Institute of Certified Public Accountants and the Michigan Association of Certified Public Accountants.  Susheel graduated from the University of Michigan-Dearborn with a Bachelor of Business Administration in Accounting. He resides in the Detroit Office. 

Mark Strong is a member of the firm’s International Tax Practice in the DC Office and is an Enrolled Agent and a UK Chartered Tax Advisor. He focuses on international tax issues including inbound and outbound corporations and partnerships along with expatriates and inpatriates. His blend of US and foreign tax expertise brings a unique tax perspective to his work with clients. Mark has extensive experience working with multi-country businesses, and advises companies on business set-up and structuring in the US.  He is a member of the British American Business Association and the Northern Virginia Society of Enrolled Agents. Mark earned a Master of Arts in Ancient History and German from the University of St. Andrews and University of Bonn. He is currently enrolled at American University where he is completing his Masters of Tax. 
 

Christopher Tait uses his knowledge and expertise to help clients leverage technology to solve critical business issues, manage risk, and improve business performance. He is located in the Milwaukee Office, and as a member of the Consulting Practice, his work with clients includes technology risk consulting, business intelligence, and IT operations and management. He is a member of the Institute of Internal Auditors and the Information Systems Audit and Control Association. Chris is a Certified Information Systems Auditor (CISA) and a Certified Financial Services Auditor (CFSA). A graduate of the University of Wisconsin-Milwaukee, he holds a Bachelor of Science in Mechanical Engineering and a Master of Business Administration. 

Todd Wilkerson leads the Customer Management Group for the firm’s Consulting Practice.  His experience includes working with small, medium, and large companies to provide strategic assessment of IT solution portfolios. Todd’s area of focus is the development of Cloud Computing opportunity assessments with specific experience in the CRM/PRM space including Software-as-a-Service (SaaS) solutions vs. traditional on-premise solutions. He earned a Bachelor of Science in Electrical Engineering from Rose-Hulman Institute of Technology and is currently located in the Chicago Office.