Allinial Global Adds New Members in U.S., Latin America and Asia Pacific

Allinial Global has announced that three firms have joined the association of independent accounting firms – The Pun Group of Santa Ana, Calif., Enspira Financial in Australia and MOS Auditores Consultores Limitada in Chile.

The Pun Group provides accounting, auditing, tax and advisory solutions. Municipalities and public agencies represent a significant share of the client roster, along with companies operating in diverse industries such as manufacturing, health care, real estate, entertainment and gaming.

Enspira Financial, born from the merger of three successful firms in 2016, is an advisory accounting firm with two offices in Sydney and one in Melbourne. Offering a complete range of accounting, audit, tax and consulting services, the firm serves a diverse client base in a variety of industry sectors, including construction, professional services, not-for-profits, financial licensees and foreign subsidiaries.

MOS Auditores Consultores Limitada is a growing firm with a strong focus on international tax, and its industry niches include retail, manufacturing, construction and mining. Multinational companies in Chile make up a large portion of its client base.

The addition of these new firms reflects the association’s growing international presence and its continued strength in North America, Allinial announced.

“I am pleased to welcome our new members and look forward to seeing how they enrich our increasingly collaborative and connected culture,” says Terry Snyder, the president and CEO of Allinial Global. “This year is off to an exciting start for us, and it only promises to get better going forward.”

BST Buys CFO for Hire

Albany, N.Y.-based BST & Co. CPAs has acquired the finance, management and accounting services company CFO for Hire, also of Albany. The firm will operate as BST.

The acquisition will enhance and complement BST’s current service offerings of tax planning, financial consulting and business valuation by providing companies with an outsourced alternative for day-to-day accounting services. All 19 staff members employed by CFO for Hire have made the transition to BST.

The new division will be led by Jim Lozano, who founded CFO for Hire in 2000 and has grown the company from two clients at its inception to 84 clients in 2016. Under BST, CFO for Hire will continue to serve clients throughout the Capital Region, Central New York and Mohawk Valley, while expanding its offerings to businesses in the Hudson Valley.

“This addition is an opportunity for us to take advantage of the growth opportunities available to us in upstate New York while bringing BST’s signature brand of service to new businesses,” says Ron Guzior, MP of BST & Co. “Jim has built an outstanding operation that meets a demand unique to many closely or family-held businesses and not-for-profit organizations.”

“When I began CFO for Hire nearly two decades ago, it was in response to seeing the clear need for a permanent financial solution for companies that simply do not require full-time, in-house accounting personnel,” Lozano says. “We offer businesses the opportunity to have a team of expert finance and accounting staff at their disposal, without the overhead costs.”

Under the BST banner, CFO for Hire will continue to offer a variety of basic bookkeeping and long-term accounting services individually designed to meet each client’s needs. Companies served include closely held businesses in a variety of industries, as well as not-for-profit organizations.

The division’s team members, who have experience ranging from accountant to CFO level, visit the designated client’s office on a routine basis to conduct hands-on services, including accounts payable/receivable, collections, financial statement preparation and analysis, budget preparation, month-end closing and account reconciliation, financing and capitalization assistance, as well as investor and board of directors relations.

CFO for Hire also provides oversight of internal financial staff, and can assume the role of interim chief financial officer by offering oversight of a company’s accounting and finance departments.

BPM Adds Corporate Dispute Resolution Service Line to Advisory Practice

San Francisco-based BPM (FY15 net revenue of $82 million) has added a new service line: corporate dispute resolution.

BPM, also known as Burr Pilger Mayer, recognized its clients’ need for support surrounding dispute resolution. With deep expertise in forensic accounting, litigation support and mediated settlements, the team is able to positively influence disputes, contributing to fair settlements and positive outcomes for clients, the firm says.

“We understand that accomplishing business goals and objectives may require additional services which intersect with BPM’s traditional service areas,” says Edward Webb, leader of the firm’s corporate finance group.

“Our team of experts develop and provide individualized support – our primary goal is to help clients achieve their objectives while making sure they are more confident and comfortable in the process,” he adds.

Corporate dispute resolution falls outside the traditional parameters of accounting or consulting. Corporate disputes have the potential to damage businesses and can be very confusing and disruptive to business owners; BPM offers clients peace of mind while resolutions are in process.

“Above all else, we want to ensure our clients focus on what they do best: running their business,” adds Nick Steiner, chair of the firm’s advisory practice.

Under corporate dispute resolution, BPM provides assistance with forensic accounting and litigation support, ensuring high standards for detection, assessment and analysis. In addition, members of the team have specific mediation training and experience to help mitigate the complexities of bankruptcy and commercial litigation.

Dixon Hughes’ Evans Elected to The PhD Project

David Evans

David Evans

Charlotte, N.C.-based Dixon Hughes Goodman (FY16 net revenue of $394 million) announces that David Evans, regional MP of the firm’s South region, has been elected to the board of directors of The PhD Project, which helps minorities attain their PhD in all business disciplines and become the business professors who will teach the next generation of leaders.

“We are truly committed to the advancement of diversity, not just in our firm, but in the business and academic communities where we live and work,” Evans says.

“We are thrilled to have David as a new board member,” says Bernard J. Milano, president of The PhD Project. “DHG has been a sponsor since 2008, providing $255,000 to date. Their support shows they are committed to serving their diverse client base by supporting programs aimed at diversifying the corporate ranks.”

The firm says, “Over the past nine years of involvement with this organization, DHG has seen significant results. Our relationship with The PhD Project directly aligns with our mission of building valuable careers with our people and helping our clients achieve their goals.”

Since its inception, The PhD Project has been responsible for the increase in the number of minority business professors from 294 to 1,358. Further, 270 minorities are currently enrolled in doctoral programs.

Historically, very few minority college students study business as an entrée to a corporate career. Diversifying the faculty attracts more minorities to study business and better prepares all students to function in a diverse workforce, the PhD Project says.

KMSS Welcomes Two New Partners

Jolene Cashin

Jolene Cashin

Calgary, Alberta-based Kenway Mack Slusarchuk Stewart (FY15 net revenue of $11.9 million) announces the admission of Jolene Cashin and Mark Servello into the firm’s partnership.

Cashin’s role in the firm involves managing client engagements and providing client advisory and tax services in the accounting and auditing area to a diverse client base. She has significant experience in land and real estate development, construction and oil and gas, working with mid-sized private companies. In addition, she services many not-for-profit organizations.

Mark Servello

Mark Servello

Servello joined the firm in 1997 and has been an integral part of the team ever since. As part of the tax group, he provides in-depth tax advice to the firm’s clients. He works with personal and corporate clients and he is the firm’s commodity tax expert.

Gray Gray & Gray to Begin Exchange Program with UK Firm

Canton, Mass.-based Gray Gray & Gray (FY15 net revenue of $19.4 million) has entered into an employee exchange program with Page Kirk, a Chartered Public Accounting firm in Nottingham, England.

A Gray Gray & Gray team member will spend 11 weeks working in England while a Page Kirk professional joins Gray Gray & Gray, an IPA 200 firm, for the same period. Heather Robertson, a senior member of the firm’s client services team, has been selected to work with the team at Page Kirk and kick off the international exchange program this summer.

“At Gray Gray & Gray, we are committed to going beyond the numbers for our team members by providing learning opportunities designed to help them with their professional development,” says MP Joe Ciccarello. “The selection process for this exchange program was not easy. We had many qualified candidates, all of whom would do a fantastic job representing the firm.”

Ciccarello went on to say that, “Heather’s experience most closely aligned with the criteria for this particular firm in the UK and we are excited to be able to provide her with this learning adventure. We anticipate that this will be the first of many exchanges and that we will create more opportunities for our team members in the future.”

Gray Gray & Gray is a member of CPAmerica International, a global association of independent accounting firms.

Armanino Starts Charitable Foundation; Offers Seven Grants

San Ramon, Calif.-based Armanino (FY15 net revenue of $164 million) has announced the formation of its charitable giving arm, the Armanino Foundation, which matches each staff contribution two-to-one.

Worthy charitable organizations in education, health and social services, animal welfare and the arts are nominated by firm employees and selected by a committee. In its first round of funding, Armanino awarded $20,000 in grants to seven organizations in its communities – Advancement Project, Bet Tzedek, Down Syndrome Connection of the Bay Area, Girls Inc., Holiday Heroes, New Hoizons and Vogel Alcove.

“Armanino and its team members have always placed high value on community involvement and corporate citizenship. The Armanino Foundation joins our annual Great Give event and additional community service events as a way Armanino staff can make a positive impact in our communities,” says MP Andy Armanino.

The foundation is directed by a board and committee of 17 members from across the firm. Its chair, Mary Tressel, director of consulting marketing, oversees grant administration and bylaws.

The Armanino Foundation plans to make regular donations through grant funding to community groups and charities that make a positive impact.

PrimeGlobal Adds Panama Firm as a Member

PrimeGlobal is pleased to announce the addition of Mendoza & Asociados to the association’s Latin America and Caribbean region.

Since 2007, Mendoza & Asociados has been providing a full range of CPA 
services to its clients in the Republic of Panama. Today, the firm boasts a staff of 60. Over the past 10 years, Mendoza & Asociados has built trust with clients, government and Supreme Audit institutions, financial entities and the public. The firm invests in staff development and provides continuous training in the various specialties of the accounting profession, as well as the local regulatory framework and the current fiscal rules.

PrimeGlobal is comprised of approximately 300 successful independent public accounting firms in 85 countries.

Plante Moran Forms Naming Partnership with Detroit Lions

The Detroit Lions and Southfield, Mich.-based Plante Moran (FY16 net revenue of $480.7 million) have entered into a multiyear partnership that gives Plante Moran exclusive naming rights to the terrace suites being built as part of the Ford Field renovation project. Plante Moran also becomes the official tax, audit, consulting and public accounting firm of the Detroit Lions.

“Our sponsorship of the Plante Moran Terrace Suites at Ford Field will not only provide the firm with name visibility and a state-of-the-art venue for networking and hosting clients, but it also gives us the opportunity to further invest in a city where we have an office, staff and clients – it’s something we’re really proud to be part of,” says MP Gordon Krater.

The Plante Moran Terrace Suites feature box-style suites where a group of people can come together and watch the game yet still have the option of gathering in a communal environment directly outside the suite. Plante Moran’s naming partnership includes signage and branding throughout the communal area as well as main bowl signage on the fascia above the Plante Moran Terrace Suites.

“Plante Moran is exactly what we we’re looking for in a naming partner for the new terrace club and suite area,” says Detroit Lions Team President Rod Wood. “They have a diverse presence in the local and national business community which many of our premium suite and club seat members can identify with.”

Weber Shapiro Merges with NCM Capital Management

Weber Shapiro & Co. LLC of Woodcliff Lake, N.J., has merged its investment and financial planning practice into NCM Capital Management LLC (NCM), a wealth advisory firm in Ramsey, N.J.

As part of the agreement, Mark Weber of Weber Shapiro & Co. will become a principal of NCM.

“I’m delighted that Mark will be integrating with Weber Shapiro & Company’s investment practice into NCM,” says Nick LaVerghetta, who heads NCM, in a statement. “Mark’s integrity and extensive expertise in all aspects of financial planning will serve as great assets for our current and future clients.”

Weber Shapiro’s other service lines are not part of the merger.

“Both Nicholas and I are committed to providing sound financial advice and personalized attention to our clients,” says Weber. “Combining our expertise and resources enables us to operate more efficiently while enhancing our value proposition to the individuals and businesses we serve. Nick is a leader in his field, and I look forward to working closely with him on behalf of our clients.”