KerberRose Admits Six Professionals to Partnership

Shawano, Wis.-based KerberRose (FY18 net revenue of $17.6 million) admitted six new partners on Jan. 1.

New partners are:

  • Krisztina Dommer, governmental accounting and auditing, Shawano, Wis.
  • Mary Horton, small business and individual tax and accounting, Sister Bay, Wis.
  • Melissa Olsen, human resources, Shawano, Wis.
  • Greg Pitel, state and local government auditing, Shawano, Wis.
  • Anthony Powers, wealth management, Shawano, Wis.
  • Mike Stratman, tax and business advising, Green Bay, Wis.

The 2020 IPA Accounting Firm National Benchmarking Surveys are Open for Participation

The 2020 INSIDE Public Accounting (IPA) Annual Survey and Analysis of Firms is now open to all accounting firms in North America. The results of the annual survey are compiled in the IPA National Benchmarking Report. The data is also used to rank the IPA 100, 200, 300 and 400 firms, and the coveted IPA Best of the Best firms. If you would like to participate, please contact our office.

More than 550 accounting firms, ranging in size from $1 million to more than $1 billion in net revenue, participated in IPA’s 2019 Annual Survey and Analysis of Firms. All firms in the U.S. and Canada are encouraged to take part in one of the longest-running benchmarking surveys on accounting firm management.

Firms who would like to participate – at no cost – can contact IPA for details. Participating firms will receive an executive summary of the IPA National Benchmarking Report and will be eligible to be named a 2020 Best of the Best firm or an IPA Top 400 firm.

DEADLINES FOR SURVEY SUBMISSIONS – FIRMS WITH FISCAL YEAR-ENDS OF…

…May 2019 through December 2019: May 4, 2020

…January 2020 through March 2020: May 29, 2020

…April 2020: June 15, 2020

Note: IPA will not accept any submission after June 30, 2020.

THE 2020 IPA SURVEY AND THE INTERNAL OPERATIONAL SURVEYS ARE OPEN FOR PARTICIPATION

In conjunction with the National Benchmarking survey, IPA has launched the Firm Administration, Human Resources and Information Technology surveys. These surveys dig deeper into the operations and best practices of participating accounting firms across the U.S.

Your firm must complete the IPA Benchmarking Survey and Analysis form in order to participate in any of the internal operational surveys (Firm Administration, Human Resources and Information Technology). If you would like to participate, contact our office.

BENEFITS OF PARTICIPATION

If you fully participate in the survey, your firm will be included in one of the largest annual management of an accounting practice (MAP) survey in the country. You will:

  • Become eligible to be ranked among this year’s top firms in the IPA 100, IPA 200, IPA 300 and IPA 400.
  • Become eligible to be named an IPA Best of the Best firm.
  • Receive a complimentary copy of IPA’s August 2020 newsletter, which highlights the annual IPA 400 firm rankings, along with a detailed financial and operational analysis of the IPA 100 firms.
  • Receive complimentary imagery and press releases if your firm is named an IPA 400, a Best of the Best firm or a Fastest-Growing firm.
  • Receive an electronic complimentary copy of the 2020 Executive Summary of the IPA National Benchmarking Report. If you participate in any or all of the internal operational surveys, you will also receive a complimentary executive summary when published in the fall.
  • Receive preferred pricing on accolade reprints for marketing purposes.
  • Receive preferred pricing on the 2020 IPA National Benchmarking Report, the internal operational reports and other benchmarking tools.
  • Be given preference as a source for articles written by IPA throughout the year – an excellent opportunity to market your firm.
  • Gain a competitive advantage and grow your firm with industry insight from the independent benchmarking leader in the nation.

CONFIDENTIAL DATA – WHAT YOU CAN EXPECT FROM INSIDE PUBLIC ACCOUNTING

All confidential firm data, including salaries, compensation, income, etc., will be held in strict confidence and will NOT be shared or publicized in any of the final reporting. We take extreme pride in our ability to collect this data to assist the profession and are now celebrating nearly three decades of surveying accounting firms across the globe.

Please contact IPA at survey@plattgroupllc.com with any concerns or questions. IPA conducts a thorough review of each survey submission for omissions or errors and will reach out to the contact person named on the submitted survey form for any clarifications / updates. Some data, such as firm name, MP(s) name, firm net revenue and organic growth may appear in the IPA newsletter (if accolades are given).

McKinley Admitted as Partner at Draffin Tucker

Rebecca McKinley

Rebecca McKinley has been admitted as a partner at Albany, Ga.-based Draffin & Tucker LLP (FY18 net revenue of $13.8 million), The Albany Herald reported.

McKinley joined the firm in 2004. She serves as chair of its accounting and auditing committee and assists in the administration of the scheduling process.

“I love working for Draffin Tucker and serving our clients in the health care industry,” McKinley says in a statement. “I truly believe you will not find a better firm for workplace experience. Draffin Tucker has a tradition of committing to the success of its people and clients, and I want to continue to honor that as I take on this new role in our firm.”

The firm points out that she identified an opportunity to enhance Blue Cross reimbursement for Alabama hospitals that resulted in a cumulative reimbursement benefit exceeding $9 million for 18 hospitals.

“Rebecca has done extremely valuable work on four of our hospitals and found significant reimbursements for each of them,” says Monica Jordan of Infirmary Health System, the Herald reported. “Rebecca is very personable and committed to making sure her clients are pleased with the work product. In my 25 years in reimbursement, she is the best consultant I’ve worked with.”

TJS Deemer Dana Elects New Leadership

Kenneth Wood

Dublin, Ga.-based TJS Deemer Dana LLP (FY18 net revenue of $17.1 million) announces that the firm has a new MP and tax partner. 

Kenneth Wood has moved into the role of MP, succeeding MP Tracy Sharke, who calls Wood a passionate advocate for the firm. Wood has more than 28 years of experience in public accounting, focusing on attestation engagements including audits, reviews, compilations and agreed-upon procedures for clients of varying sizes and industries, as well as both private and public institutions of higher learning.  

“I am honored that my fellow partners have placed their trust in my leadership capabilities, and I look forward to leading this organization,” says Wood. 

Additionally, R. Chad Reese, who has been an instrumental member of the firm since 2011, was recently promoted from a tax director to the role of tax partner. He has significant experience in the areas of business consolidations, multi-state tax issues and advanced tax planning for businesses and individuals.   

The firm has been recognized as an INSIDE Public Accounting Top 300 Firm, and is a member of the RSM US LLP Alliance.  

Stambaugh Ness Announces New Ownership Program; Admits 13 Partners

York, Pa.-based Stambaugh Ness (FY18 net revenue of $15.1 million) has admitted 13 partners as part of its new ownership and leadership program.

“The program not only helps meet the succession needs of the firm but also provides employees with greater leadership opportunities to support strategic growth initiatives,” the firm says in an announcement.

Stambaugh Ness president and CEO Steven Hake states, “This expansion of our firm ownership is certainly indicative of an exciting period of growth for us. By elevating these talented leaders into ownership roles, we are able to further leverage their strengths to be better positioned for future growth and success.”

​The ownership team has been expanded to include:

  • Katie Bochniak, Gallup certified strengths coach, chief people and culture officer
  • Chad Bumbaugh, director, entrepreneurial services group
  • Kelly Chambers, director, entrepreneurial services group
  • Krista Gardner, director, not-for-profit and governmental group
  • Valerie Higgins, director, architecture, engineering and construction advisory services
  • Jason Jaworski, COO
  • Phil Keeney, director of technology solutions
  • Lisa Lee, manager, client accounting services
  • Kelly Morningstar, manager, strategic tax advisory group
  • Susan Patrick, director of client solutions
  • Meredith Reinhart, manager, manufacturing and distribution group
  • Kristi Weierbach, director of workforce advisory services
  • Heather Zecher, director of marketing

​Stambaugh focuses on the architecture and engineering, professional services, construction and real estate, manufacturing, not-for-profit and governmental industries.

The firm is an independent member of the BDO Alliance.

Shaun Mawhorter Admitted as Partner at Kruggel Lawton CPAs

Shaun Mawhorter

South Bend, Ind.-based Kruggel Lawton CPAs (FY18 net revenue of $12 million) announces that Shaun Mawhorter was admitted as a partner in the firm’s tax practice on Jan. 1.

The firm now has 14 partners.

Mawhorter has over 25 years of public accounting experience, providing tax planning, compliance and consulting services to corporate clients and high-net-worth individuals. Based from the firm’s Elkhart, Ind., office, she focuses on federal, state and local taxation of business entities (corporations and pass-through entities).

“I have enjoyed being a part of this incredible team for the past 12 years,” says Mawhorter. “I am honored to now serve our clients in a partner role and look forward to further contributing to their success, along with the success of our employees and firm.”

More news from Kruggel Lawton

HW&Co. Names New CEO and Merges In Finkler & Company

Brandon Miller

Brandon Miller

Cleveland-based HW&Co. (FY18 net revenue of $19.2 million) merged in Finkler & Company CPAs of Middleburg Heights, Ohio, on Jan. 1 – the same day that a new CEO took the reins.

Brandon Miller, president and CEO, succeeds John P. Fleischer, who has served in that role since 2014. Fleischer will stay on as a principal in the firm’s health care practice.

Miller started at HW&Co. as an intern in 1996 while a student at John Carroll University in University Heights, Ohio. Prior to being appointed CEO, he served in various leadership positions at the firm.

Commenting on the merger, Miller says, “Finkler & Co. provides HW&Co. the opportunity to expand our presence in Cleveland and adds to our expansive list of manufacturing and distribution, construction and real estate, and health care clientele. Gregg Finkler and his staff have exceptional talent and we look forward to integrating their staff into our team.”

The Finkler team joins more than 110 HW&Co. professionals serving clients across Ohio and the United States.

“We’re excited for the opportunity to partner with an organization with the resources and reputation of HW&Co.,” says Finkler, who founded the firm in 1988. Finkler will serve as MP of the Middleburg Heights location.

In addition to the Cleveland office, HW&C also operates from Beachwood, Westerville and Mentor, Ohio.

Wall Einhorn & Chernitzer Announces New Leader Upon Retirement of Marty Einhorn

Marty Einhorn

Wall Einhorn & Chernitzer of Norfolk, Va., (FY18 net revenue of $15.2 million) has announced the retirement of MP Marty Einhorn and that his successor is Angela Kerns, who took on the role of managing shareholder Jan. 1.

Angela Kerns

Einhorn, who led the firm since it was established in 1989, retired Dec. 31. Of the three founding shareholders, he is the first to retire. Alvin Wall continues as an active member of the tax department and Jeffrey Chernitzer is a wealth management and investment advisor.

Kerns, who joined the firm in 2002, will be responsible for all aspects of the CPA firm’s performance. Penelope Bustamante, the firm’s COO, will assist Kerns in her transition.

Kerns leads the firm’s real estate client service team specializing in affordable housing audits and providing accounting and consulting services. She is also the co-leader of the firm’s not-for-profit and employee benefit plan client service groups.

“When it came to selecting a successor, the decision of the shareholder group was unanimous that Angela be the one leading the firm going forward,” Einhorn says. “One of the most important roles of managing shareholder is leading your people. She has been a trusted source of guidance, always putting our team first.”

Calvetti Ferguson Acquires Kapp & Miller

Houston-based Calvetti Ferguson of Houston (FY18 net revenue of $15.3 million) announces the acquisition of Kapp & Miller, effective Jan. 1.

Kapp & Miller of Fort Worth, founded in 1988, will bring six team members to the tax and accounting services teams.

According to partner Catherine Miller, “Calvetti Ferguson’s culture of building strong client relationships, advising entrepreneurial, growth-oriented clients and treating team members like family is a wonderful match for our firm.”

Partner Lois Kapp adds, “Whether you’re an individual, family office or business owner, we know our clients will enjoy the integrated service experience Calvetti Ferguson will provide.”

Calvetti Ferguson MP Jason Ferguson says, “Our growth strategy over the last two years has been to increase our brand awareness in the Dallas-Fort Worth metroplex. With the completion of this acquisition, we are making great strides toward that goal.”

Calvetti Ferguson provides accounting, advisory, assurance and tax services to private and public companies, private equity funds, family offices and high-net-worth individuals. It is an IPA 300 firm and a member of PrimeGlobal.

Haynie & Company Acquires Two CPA Firms

Salt Lake City-based Haynie & Co. (FY18 net revenue of $18.6 million) has announced its acquisition of two firms as of Dec. 1: Hales-Bradford of Brownsville, Texas, and W. Hamilton & Co. of Austin, Texas.

The move adds two more Texas locations to the firm, which already operates from offices in San Antonio and The Woodlands. “Our vision is to exceed expectations by focusing on growth, trust and communication. These new firms fit seamlessly with our strategic values and vision,” the firm announced.

Hales-Bradford, founded in 1949, provides auditing, accounting, tax and consulting services to businesses, individuals, trusts and estates. They have built a niche providing complete accounting and bookkeeping services to small businesses that do not employ full-time accountants. The firm also focuses on litigation support and forensic examinations.

W. Hamilton & Co. has served the greater Austin are for more than 12 years. The firm provides tax, accounting and assurance services to a wide variety of industries and clients. The team serves small and medium-sized owner-managed businesses, non-profit organizations and start-ups. The firm also works with individuals and business clients in the local, national and international arenas.