Eisner Amper Admits Rod Smith as Partner 

Rod Smith

New York-based EisnerAmper (FY18 net revenue of $360.7 million) announces that Rod Smith has joined the firm as a partner in the assurance and technology control services practice within the audit group. He will specialize in A&A, IT audits, public companies, SOC reports, reporting standards and internal controls. Smith will be based in the Philadelphia office.

Smith has more than 25 years of experience in professional services, overseeing the execution and quality assurance of the IT control assurance portion for the firm’s financial statement audits, control attestation examinations and technology control assurance consulting services. His broad range of technology risk and control assurance experience extends to sectors such as banking, investment management, broker-dealers, property/casualty insurance, mortgage finance, technology services, and health care providers and insurers.

“With his experience and skills sets, Rod is a wonderful addition to our team” says Jim Mack, PIC of the firm’s assurance and technology control services Group. “His IT and risk management background offer, without a doubt, significant value to our clients.”

N.J. CPA Poll: Almost 70% Have Outstanding Student Loans

Robert Albert

The New Jersey Society of Certified Public Accountants (NJCPA) says that nearly 70% of the 109 respondents in a member survey last month carry student loan debt. Of those who provided data, close to 75% cited more than $20,000 in debt.

About half of the respondents are between the ages of 26 and 30, with 21% between age 31 and 35. The majority of survey participants (67%) said they expect to pay off their student loan debt within 10 years, while 19% said it will take more than 15 years to pay off their debt.

Because of the debt, more than 80% of the respondents said they are equally considering either moving to where the cost of living is less (43%) or taking a second job (43%). More than 25% said they would consider borrowing money from family or friends to pay down debt.

“Student loan debt is so pervasive today that young professionals in a variety of careers, including accounting, face considerable challenges,” says Ralph Albert Thomas, executive director of NJCPA. “The survey should enlighten accounting firms and other corporations who employ these professionals as to how much debt they have and see if they can help to alleviate that burden.”

Moss Adams Combines with BPW&C in Albuquerque

Steven Keene

Seattle-based Moss Adams (FY17 net revenue of $577 million) will combine with BPW&C of Albuquerque, N.M., on Nov. 1, the firms announced.

Moss Adams will increase its Albuquerque staff to 90 by adding 21 professionals from BPW&C, including one partner and two directors.

“The addition of BPW&C’s talented staff expands the technical depth and capabilities of our Albuquerque location, enabling us to more effectively help clients navigate challenges and seize new opportunities,” says Steven Keene, PIC of the Moss Adams Albuquerque office.

Eric Herrera

With origins dating back to 1975 in Albuquerque, BPW&C offers a full range of services, from tax and estate planning to business advisory and accounting. BPW&C works with middle-market and family-owned businesses and has a well-regarded private client services practice.

Former BPW&C principal Eric Herrera will open a new firm specializing in consulting and client accounting services. Five BPW&C employees will join this new venture.

Allan D. Koltin

Tom Broderick, managing principal of BPW&C, says of the combination, “We’ll gain access to significantly more resources and service offerings that will be a tremendous benefit for our current clients and staff. In Moss Adams, we saw a firm that shared our ideals and emphasis on technical excellence and superior client service, which was an essential factor in our decision to combine. “

Allan D. Koltin, CEO of Koltin Consulting Group, who advised BPW&C on the combination says, “Tom Broderick is not only a dynamic and successful entrepreneur, he and his group specialize in providing their clients with deep business consulting and advisory services. Their combination with western region powerhouse Moss Adams will be a great fit culturally and provide even greater resources for their clients.


Citrin Cooperman’s Providence Office Admits New Partner

Jessica Kanter

New York-based Citrin Cooperman (FY17 net revenue of $244 million) announced that Jessie Kanter has joined the Providence, R.I., office as a partner.

Kanter brings nearly 20 years of experience in public accounting, providing audit and tax services to privately held companies. She specializes in the area of quality control. “Her talent and experience will be an asset to the firm and our clients,” said Providence office MP Richard DeRienzo.

Kanter joins the firm’s attest practice group, where she will focus on the value, quality and efficiency of financial statement audits. In this capacity, she will provide consulting on complex technical accounting matters, internal support, and review for the firm’s New England region. Kanter brings a broad industry experience working with companies in various industries, including manufacturing, construction, real estate, health care, not-for-profit organizations, private equity and financial services.

Kanter says, “It’s a great opportunity to be part of such a talented team with a deep bench of resources.”

Sensiba San Filippo Mourns the Passing of its Founder

Steve San Filippo

Steve San Filippo

Pleasanton, Calif.-based Sensiba San Filippo (FY18 net revenue of $30.1 million) announces the passing of founder Steve San Filippo.

San Filippo died Oct. 9 at 67, leaving his wife, Julie, and his three children, Marisa, Dominic and Joseph.

Like most Silicon Valley business stories, SSF had humble origins starting in San Filippo’s home. Filippo’s big heart and humorous nature translated over 40 years later into one of the largest Northern California full service accounting firms with a firm culture so strong that it became California’s first accounting firm to become a certified B Corporation, the firm announced.

He was heavily involved in his community, working with many youth organizations and Serra High School San Mateo, the Sequoia Hospital Foundation and the Sequoia Hospital Board in Redwood City, among many others. Steve also served as planning commissioner for his adopted hometown of San Carlos.

As a business leader, he left a great legacy. As a friend and mentor, his loss is particularly profound.

“My friend Steve provided me an opportunity to have a wonderful professional career and a wonderful life. As a result of his entrepreneurial spirit, we now provide 200 other people and their families the same opportunity at SSF,” says MP John Sensiba. “We will carry on serving our families, communities and clients in his memory. There isn’t a way to fill the hole that is left by Steve’s passing. We will strive to honor his memory every day in the way that we treat others and the standards to which we hold ourselves. I miss my partner, my mentor and my friend.”

His memoriam page is viewable here.

Keiter Announced New Tax Leader

Vincent J. Nadder

Vincent J. Nadder

Keiter (FY17 net revenue of $26.9 million) of Glen Allen, Va., announces that Vincent J. Nadder has been named the firm’s practice leader of the tax department, effective Jan. 1, 2019.

Nadder has over 24 years of experience in public accounting providing tax, consulting and accounting services to privately held companies. He serves on the firm’s executive committee and is PIC of the firm’s cost segregation services and historic rehabilitation tax credit services.

“Our firm has a solid reputation in the Virginia community for providing excellent tax and consulting services to both business and individual clients. As a result, we have seen tremendous growth over the past few years which I hope to continue during my tenure,” Nadder says.

In his new role, Nadder will oversee the strategic growth and development of Keiter’s tax department. This includes developing new opportunities for the department, marketing the firm’s services, identifying new professional development opportunities for the tax department team, and actively acquiring new talent.

AICPA Announces Graduates of 10th Annual Leadership Academy

The AICPA has announced that 41 young CPAs from around the country have graduated from its rigorous, four-day 2018 AICPA Leadership Academy.

The academy gives participants access to advanced leadership training, networking activities and presentations from some of the profession’s top thought leaders. This year’s event was held in Durham, N.C.

The 2018 class discussed key issues and interacted with influential leaders in the profession including Eric Hansen, chair, President and CEO Barry Melancon and Mark Koziel, executive vice president of firm services.

“The academy has brought so much clarity and insight to what it means to be an effective leader,” says 2018 Leadership Academy graduate Kelly Mann, a senior manager at Seim Johnson of Omaha, Neb. “It has helped me understand what my most important values are and how they impact my decision making. I have also learned how important consciousness and reflection are to good leadership and how I can bring these lessons back with me, to benefit my firm and the people and organizations I support.”

The 2018 Leadership Academy attendees were recommended by their employers, state CPA societies or both. Candidates submitted resumes and a statement explaining how participating in the Leadership Academy would impact them personally and professionally. They also wrote an essay on the topic, “The future will bring significant changes to the accounting profession. What do leaders have to get right, in order to successfully lead?”

The full 2018 Leadership Academy class is listed below in alphabetical order:

  • Paul Arab, Home Federal Bank of Tennessee, Knoxville, Tenn.
  • Chris Bell, Arkansas Electric Cooperatives, Inc., Little Rock, Ark.
  • Ashley Bryan, Threaded Fasteners, Inc., Mobile, Ala.
  • Joseph Caplan, Mazars USA LLP, Edison, N.J.
  • Jenna Christensen, Eide Bailly LLP, Mankato, Minn.
  • Kenesha Coleman, AbbVie Inc., North Chicago, Ill.
  • Sara deJuliis, Albero Kupferman & Associates LLC, Wilmington, Del.
  • Audra Dixon, Ernst & Young LLP, Denver
  • Samantha Doe, Kositzka Wicks & Company, Alexandria, Va.
  • Kamal Eko, Aronson LLC, Rockville, Md.
  • Josh Elder, Peters & Chandler PC, Oklahoma City
  • Ben Field, Benjamin H. Field CPA, PC, Phoenix
  • Verenice Flores, Fair Anderson and Langerman, Las Vegas
  • Kyle Graham, Tanner LLC, Salt Lake City
  • Natalie Heacock, Patrick Lumber Co., Portland, Ore.
  • John Hermus, Sheehan & Company CPA PC, Brightwaters, N.Y.
  • Chris Hervochon, eviCore Healthcare, Bluffton, S.C.
  • Ryan Johns, Altman Rogers & Co, Anchorage, Alaska
  • Deena Keasler, Topp McWhorter Harvey PLLC, Hattiesburg, Miss.
  • Alexandrea Keller, Williams & Company CPA’s, Onawa, Iowa
  • Katie Krblich, Charles A. Krblich PA, Fort Lauderdale, Fla.
  • Lijah Lokenauth, Tampa General Hospital, Tampa, Fla.
  • Danny Manimbo, Schellman & Company, Broomfield, Colo.
  • Kelly Mann, Seim Johnson, Omaha, Neb.
  • Damien Martin, BKD, Springfield, Mo.
  • Ashley Miller, Plodzik & Sanderson PA, Concord, N.H.
  • Maddie Miller, Wipfli LLP, Bozeman, Mont.
  • Bayaan Oluyadi, CohnReznick, Roseland, N.J.
  • Kenneth Omoruyi, Schlumberger, Houston
  • Sarah Peltakian, Raimondo Pettit Group, Irvine, Calif.
  • John Perkins, Accuride Corporation, Evansville, Ind.
  • Aaron Peters, Peters & Associates PC, Falls Church, Va.
  • Leanna Polidoro, Matrix Financial LLC, Wellesley, Mass.
  • Byron Porter, PwC, Houston
  • Michelle Schumacher, Microsoft, West Fargo, N.D.
  • Andrew Somich, Rea and Associates, Cleveland
  • Garrett Stenhouse, DiSanto Priest & Company, Warwick, R.I.
  • Melanie Urwiller, Lenhart Mason & Associates, LLC, Casper, Wyo.
  • Lauren Williams, Johnson Lambert LLP, Raleigh, N.C.
  • Gary Wood, Compere Robinette CPAs, Ozark, Mo.
  • Katie Zahner, Brown Smith Wallace, Creve Coeur, Mo.

Sobel & Co. Welcomes New Partner

David Capodanno

David Capodanno

Sobel & Co. of Livingston, N.J., has announced that David Capodanno has been admitted to the firm as a partner.

“Dave is a seasoned professional who has built his strong reputation in the tri-state area by combining technical expertise and business consulting to add real value for the business community,” says Alan Sobel, managing member of Sobel & Co. “We look forward to drawing on his expertise serving family-owned businesses in key industries including manufacturing, distribution, specifically companies in the food sector, in addition to logistics and real estate.”

Prior to joining Sobel, Capodanno’s career has spanned more than two decades as an audit and private business partner at international and regional public accounting firms. His background also includes a unique experience as the controller and principal accounting officer of a publicly traded company.

RSM Names National Leader of Blockchain Services

Jay Schulman

Jay Schulman

Chicago-based RSM US LLP (FY18 net revenue of $2.14 billion) announces that Jay Schulman, a principal based out of the firm’s Chicago office, has been named national leader of blockchain and cryptocurrency services for RSM US LLP.

In this role, Schulman is responsible for leading RSM’s efforts to help its clients account for the complex regulatory, tax and trade, auditability, risk and compliance implications related to global transactions and exchanges. He has authored numerous related articles designed to help middle market business leaders anticipate and address the unique issues and challenges facing their businesses and the industries in which they operate.

“At RSM, we understand that the pace of change in today’s increasingly global business environment creates unique challenges and opportunities for business leaders, particularly those in the middle market,” said Jeff Johannesen, chief strategy and innovation officer with RSM US LLP. “While large business leaders typically have the resources to anticipate and address evolving needs, middle market businesses often need the support of a trusted advisor, and that’s particularly true when it comes to major technological advances.”

Schulman says, “Blockchain is now a reality. At RSM, we have a unique understanding of how this and other emerging technologies and evolving regulations will impact the middle market.”

Lindemeyer to Merge with Baldwin CPAs

Baldwin CPAs, with five locations in Kentucky, including Louisville, is expanding its presence there by merging in Lindemeyer CPA of nearby Crestwood, Ky., on Oct. 29.

With the acquisition of Lindemeyer, Baldwin CPAs will add 13 new employees to its team, including two partners. The firm will maintain both offices in Louisville and Crestwood.

“Lindemeyer, CPA has taken pride in being a true partner with its clients. We have built a strong reputation by educating our clients and by continuously operating at the highest levels of integrity,” said Lindemeyer managing member Nathan Lindemeyer. “The merger with Baldwin CPAs allows us the ability to expand our service offerings to our clients and offer additional depth of experience and resources.”

Allan Koltin, CEO of Koltin Consulting Group, who advised both firms on the merger says, “Baldwin’s strategy of finding entrepreneurial partners in smaller firms and providing them with a broader platform of resources and talent continues to produce great results. High-performing partners Nathan Lindemeyer and Beth Overbey will thrive with the Baldwin playbook and additional resources. Lindemeyer brings a talented team of associates with them and this should provide growth opportunities for them, as well. With this merger, marking the sixth merger within five years, there is no question that Baldwin is now a major player in Kentucky, and specifically, the greater Louisville area.”

Alan Long, managing member of Baldwin CPAs, says, “We gain two highly accomplished partners and excellent staff. The synergies between the two firms is outstanding as Lindemeyer’s niches dovetail well into that of Baldwin’s. This will expand our footprint in the Louisville market and is a part of Baldwin’s strategic plan.”