Archives for 2016

RSM Announces New Board Chairman, Members

Bob Jacobson

Bob Jacobson

Chicago-based RSM (FY16 net revenue of $1.85 billion), formerly known as McGladrey and the biggest national accounting firm outside the Big 4, recently named Bob Jacobson as the firm’s new chairman of the board for a one-year term, succeeding Ed Bartak whose term concluded Nov. 30.

“As chairman of the RSM board, I plan to build on the strong, strategic focus that my predecessor has established to ensure our firm continues to move forward on our strategy to be first-choice advisors to our clients,” says Jacobson.

Additional new board members include Matt Bradvica, national leader of RSM’s credits, incentives and methods group; Gregg Kiehl, RSM’s Southeast region tax services leader and Carolinas market managing partner; and Milton Marcotte, RSM’s national leader of transaction advisory services and health care consulting services. Each of the new board members was elected to a four-year term effective Dec. 1, 2016.

“We are so appreciative of the leadership that Ed brought to our firm’s board of directors as chairman this past year,” said Joe Adams, MP and CEO for RSM US LLP. “He has strengthened our board’s focus on the strategic issues that are important to help our firm and our middle market clients succeed. Under Bob’s leadership, combined with the unique insights that Matt, Gregg and Milton will bring to the board, we expect a continuation of this strategic oversight and counsel to ensure we are moving forward on our strategy to be the first-choice advisor to middle market leaders, globally.”

“I am grateful to have had the opportunity and privilege to serve our firm as chairman of the board,” says Bartak. “We’ve made significant progress this past year working with our firm’s board of directors and management team to advance our position as the leader in providing audit, tax and consulting services to entrepreneurial, growing companies around the world.”

Jacobson says,  “Our role is to stay on the forefront of changes in the marketplace and work with our management team to be nimble and responsive to the market, while staying the course on strategy execution. While we have a solid strategy and strong leadership in place, our board also takes seriously its stewardship role to safeguard the long-term sustainability of our firm, to benefit our clients and our people.”

Heller and Misheski Named Partners at Widmer Roel

Randy Heller and Mike Misheski have been admitted as partners at Fargo, N.D.-based Widmer Roel (FY15 net revenue of $5.9 million).

Heller has been with Widmer Roel since 2004 and has over 17 years of experience.  He will continue to provide tax and accounting services to a wide range of clients.

Misheski has been with Widmer Roel since 2011 and has over 13 years of experience.  He will continue to provide accounting, tax and consulting services to a wide range of agribusiness and construction industry clients.

AGH Admits Gin as Partner

Max Gin

Max Gin

AGH of Atlanta (FY15 net revenue of $11.6 million) is pleased to announce that Max Gin will be accepted into the partnership in January.

Currently serving as director of the firm’s real estate taxation practice, he brings extensive experience along with deep knowledge of the broad real estate industry and its many niches. His specialized understanding of the tax aspects of real estate operations and transactions allow him to provide developers, management companies, owners and investors with insightful guidance and effective tax strategies.

“Working with Max is a pleasure and a privilege,” says Kathie Gottlieb, president of AGH. “Max has an exceptional understanding of real estate tax as it relates to transactions, construction, development and management. He offers amazing value to anyone with a real estate focus.”

“Learning about clients’ goals and helping them achieve what they set out to do in the most profitable way is very rewarding. I am grateful for the opportunity to share insights that help clients’ businesses and look forward to continuing my work as a partner,” Gin says.

Trapani Joins Grant Thornton as Partner in Professional Standards Practice

Dawn Trapani

Dawn Trapani

Dawn Trapani has joined Chicago-based Grant Thornton (FY15 net revenue of $1.56 billion) as a partner in the professional standards practice, working closely with the firm’s technical accounting, financial reporting, regulatory, ethics and auditing groups. Trapani is based out of the firm’s Manhattan office.

“Dawn’s energy, passion and consistent drive for excellence make her an incredible leader who will strengthen our professional standards practice,” says Trent Gazzaway, Grant Thornton’s national MP of professional standards. “Her wealth of knowledge has solidified her as a trusted resource and she will provide unique value to our current and prospective clients.”

Trapani has 25 years of experience leading the preparation of numerous engagement teams for inspections to assess compliance with professional standards and policies. She has worked on the AICPA National Peer Review Committee, collaborating with AICPA staff and committee members to enhance peer review. Additionally, she has coached teams serving U.S. foreign private issuers to enhance their understanding of the professional standards and improve audit execution. Prior to joining Grant Thornton, Trapani served as an audit partner at another large professional services firm.

Cryan to Lead Cherry Bekaert’s Growing Tax Controversy Practice

Tom Cryan

Tom Cryan

Richmond, Va.-based Cherry Bekaert (FY16 net revenue of $164.2 million) has announced the addition of Tom Cryan as the national leader of the firm’s tax controversy practice.

Cryan joins Cherry Bekaert as a managing director after serving in the national tax office at one of the country’s largest independent tax firms. He will be based in the firm’s Washington, D.C., office

As the leader of Cherry Bekaert’s tax controversy practice, Cryan will provide clients guidance on tax controversy issues, partnership procedures, international information reporting and IRS procedural matters. He will also represent clients before the IRS in pre-filing agreements, in examinations through the appeals phase and post-appeals mediation. Cryan’s guidance also extends to helping clients understand and apply complex Internal Revenue Code provisions.

Cryan has served 20 years as a director at two international professional services firms and 10 years with the IRS, and was a senior trial attorney in the Miami District Counsel Office.

“For over 35 years, Tom has built a reputation of being a trusted tax advisor to clients seeking assistance with navigating the complexities that often accompany tax controversies and IRS procedures. His tax advisory success and experience with the Internal Revenue Service and well-reputed firms will elevate the professionalism and guidance offered by our tax service Line,” says Kurt Taves, MP of tax services.

AGN International Announces Two New Committee Chairs in 2017

Scott Walters

Scott Walters

The AGN International Accounting and Auditing Committee (IAAC) welcomes Scott Walters, partner at Boca Raton, Fla.-based Daszkal Bolton (FY15 net revenue of $17.8 million), as the new chair for the IAAC.

He has been an active member of this committee since its inception in 2011, and regularly gives regional and international seminars and presentations. He serves on his firm’s executive committee and leads its assurance practice.

“We work in a global economy where we face challenges to meet the increased demands for quality audits and transparent global financial reporting in this period of political and economic uncertainty,” he says. “I look forward to working with our existing IAAC committee members to further develop and expand our network of regional accounting and auditing experts available to provide global core competencies as resources to support AGN International and its member firms.”

Glen MacMillan

Glen MacMillan

Glen MacMillan, partner of Adams & Miles LLP in Toronto, is the new chair for the International Tax Committee (ITC). He has been active on this committee since its inception in 2010, and he readily shares his knowledge and expertise via presentations in webinars and in-person conferences, both regionally and internationally.

“One of my objectives is to increase the level of awareness among AGN members of the expertise available to them within the ITC and its regional knowledge share groups,” states MacMillan. “International tax issues can be a daunting challenge to address and we want AGN members to know they can rely on the ITC for clear and timely answers to all their international tax questions.”

The new chairs take office Jan. 1 for three years.

Clark Schaefer Hackett Elects New Firm President, Vice President

Kerry Roe

Kerry Roe

Cincinnati-based Clark Schaefer Hackett (CSH) (FY16 net revenue of $64.6 million) announced that the partners have elected Kerry Roe as the firm’s next president, starting in July 2017.

Roe, who has been with CSH for 22 years, has led the firm’s government services group and also served as the firm’s executive vice president for seven years. He began his career as an auditor for the state of Ohio.

“I am humbled by my fellow shareholders’ confidence in choosing me as their next president,” says Roe. “I am excited to lead a talented team of nearly 400 individuals in bettering the lives of our clients, our people and our communities. We will continue to provide the trust, vision, guidance and outcomes needed by our clients as they face very diverse business challenges and opportunities.”

Carl Coburn has been the firm’s president since 2008 and will maintain that role through July 2017. Coburn will remain at CSH, serving clients and offering support to the officers, as well as continuing his involvement in the leadership of the AGN–North America Executive Committee.

Clark Schaefer Hackett also announced that Doug Michel has been elected as an executive vice president. In addition to Michel’s involvement in several practice areas over his 29 years with CSH, he has led the firm’s focus on recruitment, orientation and retention of staff.

Rehmann Names Valade Director of Client Services, Business Development

Lynn Valade

Lynn Valade

Saginaw, Mich.-based Rehmann (FY15 net revenue of $116 million) has announced the addition of Lynn Valade as director of client services and business development for the firm’s Ann Arbor, Mich., and Toledo, Ohio, offices.

In this role, she will pair the needs of potential clients with Rehmann’s experienced staff of advisors to facilitate continued growth within the firm’s southeast region.

Valade has 25 years of experience in the banking industry, most recently serving as vice president of health care practice banking with Citizens Bank and vice president of small business lending with PNC Bank. She specializes in health care lending, small business lending, retail, wealth management and business development.

Herbein Acquires Cross

Reading, Pa.-based Herbein + Company announced the acquisition of Michael L. Cross & Company, which has served the greater Pottstown, Pa., region since 1982.

All current members of the firm will join Herbein + Company and continue practicing from the same Pottstown office with the added resources of Herbein.

“We share a commitment to building long-term client relationships, and we believe that Herbein’s resources and experience will further enhance every client experience,” says Herbein + Company COO Michael Rowley. Montgomery County is poised for great economic growth for small and mid-sized businesses, and we are thrilled to add our firm’s eighth office in the heart of Pottstown.”

Terms of the agreement have not been made public. However, the strategy behind the merger is two-fold for Michael Cross, president of Michael L. Cross & Company, who says, “As our business clients grow, they require greater industry knowledge and strategic planning. Our individual clients will benefit from Herbein’s depth in areas such as estates, retirement, education, income tax, trusts, investments and other areas of personal finance. Another important aspect of this merger is to provide a succession plan for our clients. While neither my colleague Cindy Smith nor I plan to retire any time soon, this transaction assures continued quality services for all our clients into the foreseeable future.”

Stiles Carter & Associates Merging with Blandford & McCubbins

Stiles Carter & Associates CPAs (SCA) of Elizabethtown, Ky., has announced that it is merging with Bardstown, Ky., firm Blandford & McCubbins CPAs. The merger is part of SCA’s strategic plan to expand its services regionally. The merger is effective as of Jan. 1.

SCA offers a full array of accounting, auditing, tax consulting, small business and specialty services, all tailored to meet each client’s specific needs and goals.

Blandford and McCubbins has been part of the Bardstown community for more than 29 years, and has a thriving tax and accounting services practice. All current staff, including four CPAs will join SCA as part of this merger. Blandford & McCubbins will operate under the SCA name in their current location.

Brenda Johnson, MP of Blandford & McCubbins, says, “While it has been our pleasure to have served our clients for the past 29 years, we have come to the realization that it would be advantageous for our clients, staff, and us to merge with SCA. We have spent countless hours vetting firms to find the one that most closely shares our ethics, values and ‘clients always come first’ philosophy. SCA is the firm we have chosen and we are excited that our clients will continue to receive high quality professional services and our staff will be there with SCA as we all move forward together.”