Accounting MOVE Project: New Service Lines Bring Women to the Forefront

The 2020 Accounting MOVE Project Report says that several factors are coming together to create “a rare power moment for women.”

One is that Gen X and older Millennials, who may have put their partnership pursuits on pause while starting families, are now seeking those opportunities. Additionally, diversity among consultants shows clients that firms are bringing fresh thinking to the table. At the same time, baby boomer women are eager to leave a legacy “by showing how their investments in rising women have strengthened firms’ futures,” the report says.

The annual report, which also lists the best accounting firms for women, is a project of the Accounting & Financial Women’s Alliance and the Accounting MOVE Project, which is based on research partner Wilson-Taylor Associates’ methodology, which examines money, opportunity, vital supports and entrepreneurship for women.

The report notes that women are leading new lines of business, particularly advisory services.

“Women are perfectly positioned to chart new ways to win new types of business, because they take encouragement and direction from incremental wins,” says Joanne Cleaver, president of Wilson-Taylor Associates.

Listed below is The 2020 Accounting MOVE Project Best CPA Firms for Women. All are IPA 100 firms, with the exception of Lurie and OUM & Co.:

  • Pittsford, N.Y.-based The Bonadio Group
  • San Francisco-based BPM LLP
  • St. Louis-based Brown Smith Wallace
  • Clark Nuber, Bellevue, Wash.
  • New York-based CohnReznick
  • Eide Bailly
  • Minneapolis-based Lurie
  • Louisville, Ky.-based MCM CPAs and Advisors
  • Seattle-based Moss Adams
  • San Francisco-based Novogradac & Company
  • San Francisco-based OUM & Co.
  • Southfield, Mich.-based Plante Moran
  • Troy, Mich.-based Rehmann

The 2020 Accounting MOVE Project Best CPA Firms for Equity Leadership lists firms with at least 30% of women in their partner and principal ranks. Listed  in descending percentage order:

  • Kaiser Consulting, Powell, Ohio – 100%
  • Sarasota, Fla.-based Kerkering Barberio & Co. – 60%
  • Alexandria, Va.-based KWC – 59%
  • Bader Martin, Seattle – 54%
  • Gainesville, Fla.-based James Moore & Co. – 53%
  • Eugene, Ore.-based Jones & Roth – 50%
  • Tucson, Ariz.-based BeachFleischman – 46%
  • Bethesda, Md.-based Councilor Buchanan & Mitchell – 44%
  • Dallas-based Huselton Morgan & Maultsby – 44%
  • Abbott Stringham & Lynch, San Jose, Calif. – 43%
  • Johanson & Yau, San Jose, Calif. – 43%
  • *Clark Nuber, Bellevue, Wash. – 42%
  • Lincoln, Neb.-based HBE – 42%
  • *Pittsford, N.Y.-based The Bonadio Group – 40%
  • *St. Louis-based Brown Smith Wallace – 40%
  • *Louisville, Ky.-based MCM CPAs and Advisors – 39%
  • Atlanta-based Frazier & Deeter – 34%
  • *Troy, Mich.-based Rehmann – 31%
  • *Eide Bailly – 31%
  • *Minneapolis-based Lurie – 30%
  • *San Francisco-based Novogradac – 30%

*Also included on the 2020 Best CPA Firms for Women list

ConvergenceCoaching Recognizes Graduates of Transformational Leadership Program

Leadership and management consulting firm ConvergenceCoaching recently completed the 2019-2020 spring program of its Transformational Leadership Program (TLP) with 25 new graduates. The TLP is a one-year accelerated educational program for CPA and consulting firm new partners and emerging leaders.

“We are excited to celebrate this group of leaders and all they have accomplished during the TLP,” says TLP coach Renee Moelders. “They are in a prime position to apply the change management concepts they’ve learned as they navigate these unprecedented times with their teams and fellow leaders. We are confident in their ability to think strategically and help their firms and clients make decisions and address opportunities and challenges.”

The spring 2019-2020 TLP graduates are:

  • Joseph Ali, partner, PKF O’Connor Davies
  • Mike Arens, tax manager, HBE LLP
  • Troy Banker, shareholder, Geffen Mesher & Company
  • Benjamin Beskovic, tax partner, PKF O’Connor Davies
  • Jamee Bollinger, senior accountant, Grimbleby Coleman
  • Kelly Buck, audit senior manager, Windes
  • Lisa Carrick, partner, Windes
  • Jennifer Decker, partner, Hogan-Hansen
  • Eve Fugiel, senior manager, Weiss & Company
  • Samantha Graboff, partner, Windes
  • Mitch Green, staff accountant, Geenen & Kolean
  • Melanie Jobgen, partner, Casey Peterson
  • Nick Kinsler, senior manager, WellsColeman
  • Greg Malcolm, shareholder, Geffen Mesher & Company
  • Laura Monaghan, partner, Hogan-Hansen
  • Wendy Moran, partner, McGowen Hurst Clark & Smith
  • Bryce Nations, tax partner, Frazier & Deeter
  • Michelle O’Reilly, partner, PKF O’Connor Davies
  • Jennifer Penning, office director, Hogan-Hansen
  • Nalini Singh, senior accountant, Grimbleby Coleman
  • Mike Sippel, principal, Green Hasson Janks
  • April Swartz, owner, Varney & Associates
  • Brandon Waller, audit manager, Weinstein Spira
  • Jim Wilde, tax senior manager, Windes
  • Jonathan Zuckerman, partner, PKF O’Connor Davies

More news from ConvergenceCoaching

Calvetti Ferguson Adds New Technology Risk Service Line

Houston-based Calvetti Ferguson (FY18 net revenue of $15.3 million) has introduced a new technology risk service line. Led by partner John Jamison out of the firm’s Dallas office, the new practice will offer services including interim and fractional CIO/CISO, IT internal audits, IT risk assessments, SOC reporting and IT due diligence consulting.

“The reality is that organizations continue to be targets of ransomware and other cyberattacks, so whether our client is on the audit committee or in the C-suite, we will be ready to assist,” says MP Jason Ferguson. “John’s experience advising clients in financial services, data processing and other service organizations is a welcome addition to our firm’s industry expertise.”

More news from Calvetti Ferguson

Hancock Askew Admits John McElderry as Partner

John McElderry

Savannah, Ga.-based Hancock Askew & Co. (FY19 net revenue of $19.0 million) has admitted John McElderry as partner.

McElderry joined the firm as a principal in January 2019 through the merger of McElderry & Associates, bringing over 25 years of professional experience in areas such as tax compliance and planning, mergers and acquisitions, disposal and sell side assistance, initial public offerings, financial statement audits and SEC filings.

“This promotion recognizes John’s outstanding accomplishments and his commitment to our firm and core values,” says MP Michael McCarthy. “We look forward to many years of continued leadership together for our clients, community and our employees.” 

More news from Hancock Askew & Co.

Fust Charles Chambers Admits Nicole Woodall as Partner

Nicole Woodall

Fust Charles Chambers of Syracuse, N.Y. (FY18 net revenue of $11.4 million) announced that Nicole Woodall has been admitted as partner in its tax practice.

Woodall has over 20 years of experience in the public accounting industry, specializing in ASC 740 financial reporting and federal, state and international tax planning and compliance.

Moore North America Recognizes New Graduates of Dynamic Growth Academy

Moore North America recently completed the second program of its Dynamic Growth Academy (DGA) with 14 graduates from eight firms. The DGA features leadership and business development training from The Center for Character-based Leadership (CCBL) and LVG Advisors, as well as individual coaching, peer coaching and mentor support.

“We found this group to be exceptionally motivated and engaged to grow as leaders,” says the CCBL’s Kateri Topitzhofer. “They took risks to get out of their comfort zone, asked for honest feedback, tried new behaviors and integrated learnings from their efforts.”

This year’s DGA graduates are:

  • Todd Britt, HCVT
  • Jason Buhlinger, Brown Smith Wallace
  • Cathy Davis, MSPC
  • Fahad Haddad, Topel Forman
  • Julie Helms, Lurie LLP
  • Kiley Judge, Doeren Mayhew
  • Naoko Lech, CDH
  • Patrick McGuire, Brown Smith Wallace
  • Jason Montgomery, Segal LLP
  • Angela Remington, Lurie LLP
  • Bill Runowski, Topel Forman
  • Bianca Sarrach, Brown Smith Wallace
  • Josh Wilson, HCVT
  • Katie Zahner, Brown Smith Wallace

More news from Moore North America

Hancock Askew & Co. Launches IT Security Consulting Firm

Savannah, Ga.-based Hancock Askew & Co. (FY19 net revenue of $19 million) announced the launch of Abricto Security, a new entity providing information security consulting and solution services with specializations in penetration testing and cloud security.

Led by IT security subject matter expert and consultant Cornel du Preez, Abricto Security will assist clients with custom security assessments and act as a long-term IT service-related partner. The goal is to strengthen an organization’s security posture while identifying and mitigating real-world business risks.

“The creation of Abricto Security and our expansion into the world of IT security is another monumental step in our firm’s strategic plans to grow our advisory service offerings,” says Hancock Askew MP Michael McCarthy. “We will now be able to offer new and existing clients these vital security assessments and services that will help protect them from cyber threats.”

More news from Hancock Askew & Co.

Calvetti Ferguson Admits New Dallas Partner

John Jamison

Houston-based Calvetti Ferguson (FY18 net revenue of $15.3 million) has admitted John Jamison as PIC of the technology risk services practice in the Dallas office.

“We have been growing dramatically for the past couple of years, especially in the Dallas/Fort Worth metroplex. We have known of this need in the market for a while, and knew we needed someone skilled in this area and very familiar with the local market,” states MP Jason Ferguson. “When we met John, we knew we had found the right leader for our new practice.”

He brings over 17 years of experience to the firm with expertise in SSAE 18 (SOC 1 and 2) readiness and examination; IT internal audit, risk assessment and general controls reviews; virtual CIO / IT leadership consulting; and Sarbanes-Oxley (SOX) and financial statement audit support.

More news from Calvetti Ferguson

RotenbergMeril Expands Headquarters

Looking for a larger and more modern headquarters, Saddle Brook, N.J.-based RotenbergMeril (FY18 net revenue of $12.2 million) has announced a move to a new 22,000-square-foot space within its current Park 80 West office plaza.

Focused on creating a more energizing and efficient work environment for employees, firm leaders chose an open floor plan with more natural light, improved technology to encourage collaboration and mobility, and new amenities such as a café-style lunchroom and wellness room.

“It’s important for our new office space to align with how our accounting firm and our clients are innovating, and to foster a collaborative environment for our growing workforce,” says MP Neal Rotenberg.

H&CO Merges in EFA CPAs & Business Advisors

Emilio F. Alvarez

H&CO (FY18 net revenue of $14.5 million), with three offices in South Florida, has merged in EFA CPAs & Business Advisors of Miami.

The merger is expected to strengthen H&CO’s newly formed audit division and will allow the company to provide specialized audit and consulting services as well as grow EFA’s existing construction accounting niche, the firms announced. H&Co operates from Coral Gables, Brickell and Fort Lauderdale, Fla.

Armando Hernandez

“We welcome Emilio F. Alvarez and his team to our family,” says Armando Hernandez, H&CO CEO and president. “The cultures of our two firms are a perfect match. EFA takes the same level of pride in the services that they provide to their clients as we do.”

By combining the specialized international tax expertise of H&CO and the construction accounting experience of EFA, this merger creates a larger and more comprehensive offering of international construction accounting. “By combining our talented professionals, there are no limits to what we can accomplish,” says Hernandez.

Alvarez, EFA founder and MP, will join H&CO as MP of the audit division and will be responsible for the overall strategic function and objectives of the audit team.

“H&CO and EFA are two firms with very similar cultures, identical views of the future and practices that complement each other. It was only logical to get together. Our strength together is bigger than the sum of the parts,” Alvarez says. “With a stronger tax and auditing platform and a well-trained staff we will continue to provide excellent service to many industries as well as to domestic and foreign high net worth individuals.”