Archives for January 2016

Buchbinder Tunick & Company Welcomes New Partner into New York Practice

New York-based Buchbinder Tunick & Company has admitted a new partner into its New York practice.

As of Jan. 1, Michael Navarro, along with his professional associates from Nasberg Navarro CPA of New York joined Buchbinder’s New York practice.

“We believe our clients will benefit from the additional resources and skills that joining Buchbinder brings to our practice,” says Navarro.

Navarro and his associates have been providing accounting services including, audits, financial statements, financial planning, tax management and business advice including mergers and acquisitions for individuals and privately owned commercial businesses.

“Buchbinder is proud to have Michael and his associates join us,” says David Sands, Buchbinder MP. “Joining our practices demonstrates Buchbinder’s continued commitment to serving its growing client base.”

HA&W Adds Payroll Services

HA&W of Atlanta, also known as Habif, Arogeti and Wynne (FY14 net revenue of $68.6 million), has launched HA&W Payroll Services to help its business clients simplify payroll administration, save time and manage ACA compliance risks, the firm announced.

“Today’s tax and regulatory environment is very complex, and the risk of making costly errors is higher than ever,” says Richard Kopelman, CEO and MP at HA&W. “Payroll Services combines our deep expertise as business advisors with a high level of client focus to make managing the monthly payroll seamless and headache-free. Not only do we handle every step required from payroll preparation to deposit, but we do it with the corporate tax return in mind. That can save time when it’s time to file.”

Services include paycheck preparation and processing, PTO management, payroll administration (onboarding, garnishment management, employee termination), time and attendance, HR software, tax credit services, ACA compliance and reporting, and payroll-related tax compliance, including payroll tax reporting and filing federal, state and local payroll taxes.

Holman Frenia Allison Acquires John H. Maley CPAs

Toms River, N.J.-based Holman Frenia Allison has acquired John J. Maley, CPAs of Bordentown, N.J, New Jersey Business reported.

The Maley firm specializes in accounting, tax, bookkeeping and business services for family-owned and privately held businesses, municipalities, nonprofits and individuals.

“While growth is important to us, our strategic moves are far from being complete,” says Frank Holman III, in a prepared statement. “We are continuing to look for opportunities to expand our footprint into central and northern New Jersey and providing a full-service accounting solution to our valued clients. We feel that the clients and staff of John J. Maley, CPAs, coupled with the industries they serve, are a perfect fit for us.”

The deal gives Holman Frenia Allison an additional office, as well as five new members.

WeiserMazars Acquires Lion & Company CPAs

New York-based WeiserMazars (FY14 net revenue of $158 million) has acquired Lion & Company CPAs of Syosset, N.Y.

The deal is expected to expand WeiserMazars’ entrepreneurial services and health care consulting services with the addition of firm founder Marc Lion and his team of five professionals. Lion has been admitted as a partner and is based in WeiserMazars’ Long Island office.

Lion brings more than 25 years of experience assisting clients in tax, business consulting, estate, financial and retirement planning. Prior to founding Lion & Company over 20 years ago, he worked in the financial services group of a Big 4 firm.

Lion & Company provides tax and consulting services to high-net-worth individuals and business owners in the health care, investment banking and real estate sectors.

“We are pleased to join WeiserMazars, a firm that I have always regarded highly as a top quality organization,” says Lion. “We are looking forward to serving our clients even better with the additional resources that we now have at our disposal.”

“We welcome Marc and his team to our growing firm,” says Victor Wahba, chairman and CEO of WeiserMazars. “His health care experience complements our capabilities in maintaining our position as a leader in the health care industry.”

Henry & Horne Acquires Centerpoint Advisors

Tempe, Ariz.-based Henry & Horne (FY15 net revenue of $21.4 million) has acquired Centerpoint Advisors, effective Jan. 1.

“I’m very excited to go from a solo practice to joining a group that will provide my clients a much more robust service,” says Centerpoint Advisors’ Jeffrey Wright, who brings more than 30 years of experience to his new role as a director in Henry & Horne’s litigation and valuation services group. “We’ve got a great team keeping up with all of the developments in the profession in order to better serve clients and I think they’re really going to benefit quite a bit.”

Wright believes the merger is a good fit because both firms are highly respected and the expertise, approach to exceptional client service and business philosophy all line up. He will be based in the Scottsdale, Ariz., office.

“We are thrilled to have Jeff as part of the Henry & Horne team,” says Chuck Inderieden, Co-MP. “With his years of experience and his superb reputation, he reinforces our already exemplary professionals in our litigation and valuation practice.”

IPA Spotlight On … Tamera Loerzel, ConvergenceCoaching

TJL-Black-Arms-Crossed-2015v3Name: Tamera Loerzel

Title: Partner

Firm: ConvergenceCoaching

Accomplishments:

  • Frequent facilitator, speaker, writer, teacher and coach on the topics of employee engagement, sales and marketing, leadership and succession planning.
  • Founding member of The CPA Consultants’ Alliance and past president.
  • Senior manager of BDO’s Minneapolis consulting group who implemented middle market financial software service methodology and customer relationship management software. Also directed the national sales and marketing efforts of the package solutions group at BDO.
  • National sales manager for State of the Art Inc., now known as Sage Software Inc.

ConvergenceCoaching is known for its work on “generational competence” and working “anytime, anywhere.” Why is it important for CPA firms to better understand these issues?

Our mission is to help leaders within the public accounting profession to achieve success. Part of the challenge firms are grappling with today is how to transition firms from one generation of leaders to a new generation while considering the different work styles, mindsets and values that these generations have.

Baby Boomers value face time, and Millennials and even Gen-Xers value flexibility and control of their schedule, including when and where and how they get their work done. For Gen-Xers and Millennials it’s more about results than it is about time and place.

To retain and engage future leaders, current firm leaders need to make adaptations that support future leaders’ values and the way they want to work, while meeting firm requirements at the same time. It’s completely possible.

Millennials want to make a difference with their clients, too, and yet that’s what we withhold from the younger people. We all actually really want similar things, so we work with firms on bridging that gap. We do that through individual coaching, and through strategic planning, leadership development and succession planning with partners to create a common vison and enable communication to close generational gaps that exist within firms.

logoCan you provide an example of how one of your accounting firm clients solved a complex problem in an innovative way with limited resources?

Anytime, anywhere work can be a complex problem, but one firm worked out a virtual work structure for a half-time audit manager whose spouse took a position as a missionary in El Salvador. The firm was worried about the clients, and the clients were given the option of keeping their manager or switching to a new one. The clients said they didn’t want their manager to change, so the firm put communications structures in place so she could continue to manage clients. The combination of technology – Zoom/Skype/GoToMeeting, cloud-based applications, iPads and cell phones – and being completely transparent with clients and team members made it work. I think that story is fascinating.

What’s the best thing you ever did to improve your leadership skills?

Developing my leadership skills is an ongoing process. The best thing I’ve done is to acknowledge I haven’t arrived. I participated in a leadership program about 10 years ago and it was a great kick-starter for me. It involved workshops and coaching and learning what it’s going to take to elevate my confidence being with all kinds of people and personalities.

At ConvergenceCoaching, we do a SWOT analysis on ourselves as leaders every year. I solicit input from my team members on that, and then I try to work on at least one weakness. I’m working on trusting my gut. My personality style is I want data and evidence before making a change (as do many of my CPA clients!), but I tend not to back up and listen to what my gut is telling me first. When I do so, I usually find it is right.

What would you like INSIDE Public Accounting blog readers to know about you?

I think this is a great time to be in public accounting. I am blessed to have the opportunity to work with firm leaders and see the transformations in them personally and in their firms. I’m deeply passionate about people being the best that they can be and accomplishing and fulfilling their dreams. It’s what gives me juice. I have one of the most rewarding careers because of that.

People should also know that flexibility doesn’t necessarily mean part time. People think I travel so much, but that allows me to have the kind of lifestyle I have. I can go be with clients, make a huge difference and then go be with my son’s third grade class. Because of technology – we’ve been on the cloud since we started our company over 15 years ago – I can do what I do and make the difference I make and have a life that just looks different, and I think that’s awesome. Now firms are starting to embrace that flexibility – and opportunity – too.

Final thoughts?

I am thankful for a fabulous team and great clients!

Know anyone else who would make a good Spotlight? Contact Christina Camara.

 

O’Connor Davies Admits Three to Partnership Ranks

New York-based O’Connor Davies LLP (FY14 net revenue of $108 million) announces the admission of Matthew Corona, Jeff Shaver and Jonathan Zuckerman to the partnership.

“Their expanded influence will be a benefit to the firm and, most importantly, our clients. It’s exciting to solidify our track record of building momentum for our business and our reputation by promoting qualified, talented individuals from within,” says MP Kevin Keane.

Corona specializes in the growing field of employee benefit programs. As engagement manager, Corona oversaw more than 60 employee benefit plan audits annually and provided expert services to clients including a large medical center and museum. Corona shares his industry insights among his colleagues by teaching continuing professional education courses to O’Connor Davies employees and is a recognized thought leader in the accounting industry.

Shaver has been with O’Connor Davies for more than 10 years, focusing on on-site supervision of audit engagements. He previously served as senior manager for the audit and advisory services provided to privately held companies, counties, cities, towns and school districts. In addition, he has led training seminars on government finance for elected officials, governing board members and other professionals.

Zuckerman will continue to specialize in providing expert accounting and auditing services in various industries including commercial clients, real estate investment trusts, not-for-profit organizations and hospitality clients in his transition from audit senior manager to partner. Zuckerman has also been a key player in a number of group audits for various international clients. He’s an engaged partner in O’Connor Davies’ on-campus recruiting program and lends his expertise to the firm’s in-house continuing professional education.

In addition to strategic promotions like these, O’Connor Davies has added more than 150 employees in the last two years. The firm now boasts 10 offices in four states and continues to expand with mergers and acquisitions in the tri-state area and Washington, D.C.

Nisivoccia Admits Hartmann and Mooney as Partners

Deirdre Hartmann

Deirdre Hartmann

Nisivoccia LLP of Mount Arlington, N.J., has announced that Deirdre Hartmann and John Mooney are admitted as partners.

Hartmann specializes in health care advisory services and personal and business income tax planning. She is a frequent lecturer, writer and advisor for medical practices and facilities on a wide range of topics including practice efficiency, revenue cycle analysis, analyzing physician contracts, year-end tax tips, and information systems for physician practices.

John Mooney

John Mooney

Mooney specializes in performing county, municipal, school district and college audits for governmental entity clients. With a strong knowledge of the complexities facing municipalities in New Jersey, he advises clients and their elected officials in the areas of accounting, audit, budget and compliance such as financial analysis and fraud detection. He is a frequent speaker at seminars and conferences on governmental accounting, audit and internal control issues.

“Their respective experiences and industry knowledge will continue to enhance the services offered by Nisivoccia LLP,” the firm says.

Goldstein Schechter Koch Admits Two New Partners

Amanda Bonifay

Amanda Bonifay

Goldstein Schechter Koch (GSK) of Miami announces that Amanda Bonifay and Steven Holtz have been admitted to the partnership.

Bonifay is a partner in the assurance department with over 13 years of experience in both public accounting and private business. She has spent seven years at GSK, displaying “technical knowledge, leadership skills and delivery of excellent client service,” the firm announced.

Holtz is also a partner in the assurance department, with over 24 years of experience in public accounting. His significant experience in auditing includes the health care, retail entities, manufacturing, service industries as well as real estate development and telecommunications. He also has over 20 years of experience auditing public companies under SEC and PCAOB rules and standards.

Sanford Horwitz, CEO of Goldstein Schechter Koch says, “Adding bright, skilled talent to our existing partnership team is in line with GSK’s vision to have the brightest minds providing the highest quality advice and service to our clients.”

AICPA to Combine Financial Planning, Accounting Conferences in 2017

Five AICPA conferences will be combined into a single event next year.

Set for June 12-15, 2017, at the MGM Grand in Las Vegas, AICPA Engage will encompass the Advanced Estate Planning Conference, Advanced Personal Financial Planning Conference, Conference on Tax Strategies for High-Income Individuals, National Advanced Accounting and Auditing Technical Symposium and the Practitioners Symposium/TECH+ Conference.

Each individual conference will retain its core offerings and identity, but the AICPA says the new arrangement, with five conferences in one place, offers more access to leading speakers, better “crossover exposure” to other practice areas and more opportunities to network. Attendees can choose one conference or several.

More information can be found at aicpaengage.com.