CPA Canada Announces New Reciprocal Membership Agreement

Chartered Professional Accountants of Canada (CPA Canada) announced the signing of a Reciprocal Membership Agreement with the Hong Kong Institute of Certified Public Accountants (HKICPA).

The agreement, which came into effect June 1, provides for increased recognition of qualified professional accountants and identifies an expedited pathway by which one body’s members are eligible to obtain the credential of the other.

“The signing of this agreement clearly demonstrates the commitment of the Canadian CPA profession to help advance labor mobility through international recognition,” says Joy Thomas, president and CEO, CPA Canada. “These agreements help our members by reducing barriers to global career opportunities as well as attract top talent to Canada which contributes to economic growth as well as social well-being.”

New President for DFK Canada

Nigel Jacobs

Nigel Jacobs, CEO of Hamilton, Ontario-based Taylor Leibow (FY17 net revenue of $12.4 million) has been appointed as president of the national group of DFK International.

He officially took over from Andrew Logan, senior partner of Teed Saunders Doyle, at the annual conference of DFK Canada held in New Brunswick in June.

Chad Knippel, partner at Kingston Ross Pasnak, was made president elect and Beth Porter, partner at Noseworthy Chapman, was welcomed as vice president, becoming the newest member and first woman to serve on its executive committee.

Jacobs joined Taylor Leibow after moving to Canada from his native South Africa in 1994, the same year that the firm joined DFK International, and has since progressed within both organizations.

He was appointed CEO of Taylor Leibow in 2002, one of the largest independent regional accounting and advisory firms in Southern Ontario, and was made vice president of DFK Canada in 2014 prior to becoming president elect in 2016.

“I am really excited to take on the role of president,” says Jacobs. “DFK Canada is in a strong position and Andrew did a great job in terms of furthering our leadership program by making sure we train our future leaders. I intend to build on this platform by focusing on strategic new member recruitment but not forgetting about effective succession planning within our member firms, and engaging more with our younger partners to make us stronger.”

“Technology is also important and we want to help our firms prepare for change so that they stay ahead of the curve,” Jacobs continued. “The beauty of DFK is that we are independent and yet we share best practices to learn from each other which is very valuable for our firms, and I will be looking to further enhance this as part of a strategic review that I am undertaking with our Executive Director Lynn Morrovat.

Reflecting on his term as president, Logan said, “We have made some significant changes in the last two years or so and I think they put DFK Canada in a much stronger position. We moved to an association management firm to run our affairs – and we hit a home run.  We are seeing the rewards and it will leave a very good legacy going forward.”

Caleca, MP of Brown Smith Wallace, Named MSNA Board Vice Chair

Tony Caleca

Tony Caleca

Tony Caleca, MP of St. Louis-based Brown Smith Wallace (FY16 net revenue of $43.2 million) has been named vice chair of the Moore Stephens North America executive board. MSNA is one of eight regional members of Moore Stephens International Limited (MSIL).

As vice chair, Caleca will serve on the MSIL international policy board alongside leaders of other top performing CPA and business advisory firms throughout the world. This will provide Brown Smith Wallace clients expanded depth of the Moore Stephens worldwide organization, while still maintaining the highest level of local accounting firm attention on a regular basis. Caleca is the first Brown Smith Wallace MP to serve on the MSNA executive board.

Brown Smith Wallace has been an independent member firm of MSNA since its inception. This affiliation allows Brown Smith Wallace to extend its reach to serve middle-market companies across the U.S. and the world.

Saltmarsh Becomes Independent Member of BDO Alliance USA

Pensacola, Fla.-based Saltmarsh Cleaveland & Gund (FY17 net revenue of $18.5 million) has become a member of BDO Alliance USA.

As an independent member of the BDO Alliance, Saltmarsh will be able to expand the services offered to clients by drawing on the resources of BDO USA and other Alliance members.

“The BDO Alliance USA allows us to better serve our clients as they expand regionally, nationally, and globally, while remaining an independent firm,” says Saltmarsh president Lee Bell. “We will have access to the technical knowledge and specialty services of BDO USA and its international organization.”

OnDefend Joins BDO Alliance USA

OnDefend has joined BDO Alliance USA as an independent member of BDO Alliance. OnDefend can provide access to strategic relationships, marketing and resources by drawing on the capabilities of BDO USA and other Alliance members.

“We believe the professionals of OnDefend share BDO’s commitment to exemplary client service and we want to welcome them into the BDO Alliance USA,” says Michael Horwitz, BDO USA, LLP partner and executive director of Alliance Services.

OnDemand is primarily known for enterprise cybersecurity testing and compliance consulting. They recently launched CyberSURE, the company’s new cybersecurity solution for midsize and smaller businesses that previously had no affordable or viable option to become cyber secure.

A proprietary user-led software solution, CyberSURE is a plug-and-play security platform that assesses a company’s real-time cyber risks, assigns a Cyber Score, lists recommendations and provides tools and support to secure the company. Once the client’s Cyber Score improves, they receive a Cyber Secure Certificate to certify they are safe to do business with. CyberSURE clients also have access to a discounted cyber insurance policy to cover issues related to attacks and hacks.

“CyberSURE is a first of its kind solution giving local and regional companies an affordable way to visualize their current cybersecurity risks as well as the tools to become cyber secure,” says OnDefend Cofounder Ben Fink. “CyberSURE will help these companies meet the goal of securing and protecting their company from threats while giving them an easy way to ensure a cyber-safe future.”

“We are excited to expand our relationship with BDO USA,” says OnDefend Cofounder Chris Freedman. “Being a trusted Alliance member allows opportunities to work even more closely in collaboration with BDO USA and its Alliance members across the country.”

Robbins Appointed as CEO of Kreston International

Liza Robbins

Liza Robbins

Liza Robbins has been appointed to succeed Jon Lisby as Kreston’s CEO, effective Aug. 1.

Robbins joins Kreston after nine years as CEO of top 10 global association Morison KSi. As a marketing and business development leader and visionary, she has been instrumental in the development of the association, expanding its coverage to over 80 countries and leading on the successful merger of Morison International and KS International.

“I am delighted that we have succeeded in securing Liza and considerable thanks are owed by the network to the Kreston International Chairman and Board for the thorough and extensive recruitment exercise that has been completed so successfully,” says Lisby. “Liza has a proven international track record as a change agent and has extensive experience in the fields of information technology, media as well as professional and membership services. With the technology revolution already disrupting the global accounting profession, I have no doubt that Liza will be an exceptional asset to our network and the further development of our growth strategy.”

“I have followed and admired Kreston International for many years so I am absolutely thrilled to be joining the network as CEO on August 1,” says Robbins. “Kreston is a world class organization that thrives by skillfully and uniquely combining deep personal relationships with superior global expertise. Kreston is extremely well placed to deliver lucrative opportunities to member firms and their clients and I am excited to drive the network to its next stage of development and further strengthen our partnerships.”

Topel Forman LLC Joins Moore Stephens North America as a New Member

Moore Stephens North America has announced the addition of Chicago-based Topel Forman LLC to the MSNA association. Topel Forman joins the 40 member firms that make up MSNA with over 130 collective office in most major North American cities.

Topel Forman was founded in 1961 with headquarters in Chicago and an additional office in Denver. Topel Forman is a third-generation full-service accounting firm made up of nine partners and 65 professionals.

“We are very excited about the addition of Topel Forman to Moore Stephens North America,” says Tony Szczepaniak, CEO of MSNA. “Not only do they have a strong and established presence within the Chicago market, but their Denver location will help us expand into a new region, allowing our members to better serve their clients.”

“Topel Forman is very excited to become a member of the Moore Stephens organization,” says John Riley, MP of Topel Forman. “We believe this association will complement and further enhance the services that we provide to our clients within the ever-changing accounting industry, so we can continue to provide them with world class client service. We are looking forward to collaborating with the member firms both here in North America and internationally.”

SD Mayer & Associates Joins BDO Alliance USA

SD Mayer & Associates of San Francisco, joined BDO Alliance USA, a nationwide association of independently owned local and regional accounting, consulting and service firms.

“Our membership with BDO Alliance USA will allow us to serve our clients with greater flexibility, efficiency and cost effectiveness,” says Stephen Mayer, founder and MP of SD Mayer. “As a member firm, we can draw upon the expertise of a nationwide network of professional service firms that share the same values of excellent client service and collaboration for the benefit of clients.”

EisnerAmper Singapore Joins EisnerAmper Global Network

EisnerAmper Global, the network of independent member firms including New York-based EisnerAmper LLP (FY17 net revenue of $352.6 million), welcomed EisnerAmper Singapore as its newest member firm.

EisnerAmper Singapore, formerly Saw Meng Tee & Partners of Singapore, provides specialist accounting, advisory, outsourcing, and risk and regulatory services to international and domestic clients operating in Singapore and across Asia.

“As Asian markets shift from a traditional lending model to alternative investment vehicles, global institutional investors continue to rely on EisnerAmper and the member firms of EisnerAmper Global for advice,” says Nicholas Tsafos, financial services industry growth leader and chairman of the board.

Ten CPA Firms Join BDO Alliance USA

BDO Alliance USA, an alliance of independently owned local and regional accounting, consulting and service firms, welcomes 10 new CPA firms as members.

The following firms have joined the BDO Alliance USA:

  • ATA CPA Group of Edison, N.J.
  • Bates Carter & Co. of Gainesville, Ga.
  • Cobb Ezekiel Loy & Company (FY16 net revenue of $1.5 million) of Graham, N.C.
  • Guilmartin DiPiro & Sokolowski of Middletown, Conn.
  • Lerro & Chandross of Boca Raton, Fla.
  • Munninghoff Lange & Co. of Covington, Ky.
  • PBC Advisors of Oak Brook, Ill.
  • Scott Guber of Hauppauge, N.Y.
  • Tate & Tryon CPAs and Consultants (FY16 net revenue of $22.6 million) of Washington, D.C.
  • Lancaster, Pa.-based Trout Ebersole & Groff (FY16 net revenue of $14.8 million)

“We know that members share a desire to keep pace and evolve with where the industry is going. They find they can do that with the BDO Alliance USA and enjoy the camaraderie of fellow members. We welcome these new firms and their talents into our program,” says Michael Horwitz, BDO USA partner and executive director of alliance services.

BDO Alliance USA now has 197 CPA member firms in 487 locations nationwide.