Wallace Plese + Dreher Admits New Partner

Christopher T. Coots

Christopher T. Coots

Chandler, Ariz.-based Wallace Plese + Dreher (FY17 net revenue of $8.4 million) announces the admission of Christopher T. Coots to the partnership.

Coots has more than 20 years of professional accounting experience and provides tax planning and consulting services to partnerships, corporations, estates and trusts. Working with privately held businesses and their owners, he develops tax plans maximizing cash flow and minimizing tax liabilities.

Before pursuing his accounting career, he practiced as an estates and trusts attorney serving individuals and families.

Iverson Admitted as Partner at Rushton

Gail Iverson

Gainesville, Ga.-based Rushton & Company (FY17 net revenue of $4.9 million) has admitted Gail Iverson to the partnership group.

Iverson serves as the firm’s business services manager, working with several hundred small business owners and managers in all financial aspects of their operations.

She manages periodic financial statements for clients, reviews them and assigns staff members to work with new clients to bring solutions for data processing and their payroll services. Iverson also applies her expertise to tax planning and preparation.

Rushton has more than 40 professional staff. In addition to general business operations, Rushton offers financial expertise in a number of specific industry fields such as construction, agribusiness, government, health care, not-for-profit organizations, professional services, manufacturing and distribution.

Bauknight Pietras & Stormer Admits New Partner

Ben Glenn

Bauknight Pietras & Stormer (FY17 net revenue of 9.8 million) of Columbia, S.C., announces it has admitted a new professional into its partnership group: Ben Glenn, who joined the firm 14 years ago.

The firm now employs 70 people, in part because of growing national expertise in the insurance industry. Glenn represents property and casualty companies and captives from the tax perspective.

He consults on the formation of new captive insurance companies, consulting on risk transfer and risk distribution matters key to the formation of a captive insurance enterprise. In addition, his experience includes successfully defending captive insurance companies in IRS examinations and submitting private letter ruling requests to the IRS.

Russell Bauknight

Managing shareholder, Russell Bauknight, says, “What makes the addition of Ben to the BPS leadership team and board of directors so gratifying is that he joined BPS 14 years ago and has focused his energy on client service and developing his leadership skills. Today, Ben is a highly sought-after consultant in the areas of captive insurance and telecommunications, which in turn has contributed to BPS’ growth.”

Glenn also advises individuals, corporations and partnerships on tax planning and compliance.

DGN Admits Edward to Partnership

Trina B. Edwards

Trina B. Edwards

Dennis Gartland & Niergarth (FY17 net revenue of $7.4 million) of Traverse City, Mich., has announced that Trina B. Edwards has been admitted as an audit partner.

Edwards joined the firm in 2008 and has 24 years of experience in public accounting, including work with governmental entities such as county, city, township and village audits as well as non-profit entities. A member of DGN’s government/non-profit team, she is experienced auditing many grant funds through a variety of agencies.

Dennis Gartland & Niergarth is northern Michigan’s largest locally owned, full-service public accounting firm with nearly 50 staff.

Russell Bauknight Named Managing Shareholder of Bauknight Pietras & Stormer

Russell Bauknight

Bauknight Pietras & Stormer (FY17 net revenue of 9.8 million) of Columbia, S.C., announces that Russell Bauknight has been elected to serve as the firm’s managing shareholder. He succeeds Ken Bauknight, who has served as BPS’ managing shareholder since the firm was established in 1991.

During Ken Bauknight’s nearly three decades of service as managing shareholder, BPS has grown to nearly 50 CPAs and a total team of 70. He will continue in his role as a BPS shareholder and client tax advisor. He began his career as an Internal Revenue Service agent in Houston before becoming a senior tax manager with Big Eight global accounting firms Ernst & Whinney and PriceWaterhouse.

Russell Bauknight is also one of BPS’ founders and has focused his 28 years with the firm on building the firm’s clientele. Prior to establishing BPS, he was a senior tax manager with Ernst & Young and its predecessor firms, Arthur Young and Clarkson Harden & Gantt. Among his most recognizable clients is the estate of James Brown, the “Godfather of Soul.” He is credited with rebuilding the depleted estate through effective management of Brown’s music library so that it continues to benefit the legendary artist’s charitable and personal interests.

Russell Bauknight also serves as a board member of PrimeGlobal’s world board of directors as well as its North American board. “I’m really excited to serve as managing shareholder and look forward to strengthening BPS’ position as a preferred business partner and trusted advisor; providing our clients with the highest level of tax, assurance and consulting services; and giving our team a great place to grow professionally as well as personally.”

McKonly & Asbury Acquires Brewer & Company

Kurt Trimarchi

Camp Hill, Pa.-based McKonly & Asbury (FY17 net revenue of $9.8 million) announces its acquisition of Brewer & Company LLC and the addition of an office in Bloomsburg, Pa.

Owner Daniel Brewer and staff provide tax and business services, with expertise in audit, tax compliance and back-office consulting. Brewer and staff will continue operating from their existing office, and the eight employees will become part of the McKonly & Asbury team.

“The additional resources available by being part of a regional accounting and advisory firm will permit us to provide a wider array of services and expertise to our clients and community,” Brewer says.

For McKonly & Asbury, the acquisition provides a geographic expansion and new talent to support future growth while providing clients with added depth of services.

Kurt Trimarchi, MP of McKonly & Asbury, says, “Since our founding, our approach has been to grow organically as well as to acquire firms with a similar culture and superior client service mindset. The effort we have put into this acquisition is to strive for an excellent outcome for our clients, our team and our firm, and this is certainly an exciting step forward for McKonly & Asbury.”

McKonly & Asbury Takes Ownership in Dale Carnegie Mid-Atlantic Franchise

Camp Hill, Pa.-based McKonly & Asbury (FY17 net revenue of $9.8 million) announces its partnership with Dale Carnegie Mid-Atlantic, a long-standing client of the firm.

On Jan. 1, McKonly & Asbury became an owner of the Dale Carnegie Mid-Atlantic franchise, which is recognized consistently as one of the top 10 franchises in the world by Dale Carnegie & Associates. Founded in 1912, Dale Carnegie has evolved from one man’s belief in the power of self-improvement to a performance-based training company with offices in over 85 countries.

“We see this partnership with Dale Carnegie as an extension of services that McKonly & Asbury can provide to our clients so we can continue to be a true business partner for them. It expands the depth and breadth of our expertise in the areas of leadership, team-building and people development while broadening our footprint into the Maryland, northern Virginia, Washington, D.C., and West Virginia marketplaces,” says MP Kurt Trimarchi. “We are confident that these new service offerings will allow us to develop deeper relationships with existing clients and to open doors to new ones.”

Dale Carnegie designs programs that offer people the knowledge, skills and practices they need to add value to the organization. “For over a century, Dale Carnegie has been improving individual and business performance around the world,” the firm says in a statement. “While their training techniques continue to evolve, their core principles remain true to a single vision: real transformation begins within.”

Dale Carnegie offers programs in leadership, management development, customer engagement, service, sales, communication, and other related programs.

Two Iowa CPA Firms Join Forces

Sioux City, Iowa-based Williams & Company (FY17 net revenue of $8 million) with five offices in Iowa and one in Yankton, S.D., announced the acquisition of Nelson Gayer Versteeg CPAs (NGV) of Estherville, Iowa, the Sioux City Journal reports.

The entire NGV staff will be joining the Williams & Company team.

Danny Dekker, a manager in the Spencer, Iowa, office, will be leading the Estherville location. Dekker has been with Williams & Company since June 2007.

McKonly & Asbury Announces New Partner

Elizabeth Harriger

Camp Hill, Pa.-based McKonly & Asbury (FY17 net revenue of $9.8 million) announces that Elizabeth Harriger has been admitted into the partnership.

“Our focus on people continues to be the vision that drives our culture, and we are fortunate to have some of the best and brightest talent in Pennsylvania working for us,” the firm says in a statement.

Harriger joined McKonly & Asbury in 1996. She is the director of the affordable housing practice. With over 20 years of extensive audit, tax and consulting experience in the low-income housing tax credit industry, she leads the firm’s affordable housing team in tax and consulting. She provides technical review and consultation for affordable housing audits. She also provides low-income housing tax credit training to clients and other organizations.

INSIDE Public Accounting Reveals The Nation’s Largest 400 Accounting Firms

INSIDE Public Accounting (IPA) is proud to present its first ranking of the nation’s largest 400 accounting firms – the only one of its kind.

The IPA 400 firms will be listed in the October issue of IPA and will pick up where August’s IPA 300 issue left off, ranking firms from No. 301 to No. 400. This definitive list was developed by gathering information from more than 550 firms that completed IPA’s Survey and Analysis of Firms. Many professional associations also aided in the search for firms to add to the list, which IPA plans to publish annually.

For the most recent fiscal year, IPA 400 firms range in size from $4.55 million to $9.9 million, and from 20 to 80 staff. These firms employee more than 4,000 total staff across the nation.

For more than two decades years, IPA has sustained a tradition of groundbreaking excellence by compiling the annual IPA 100, 200 and 300 accounting firms and the IPA Best of the Best. As the profession continues to grow and evolve, IPA will evolve with it.

Highlights of the IPA 400:

3.7% – Average organic revenue growth
2.0% – Average organic net income growth
11.8% – Average staff turnover
$76,065 – Average pay per professional staff
$391,096 – Average equity partner compensation

View the list of the INSIDE Public Accounting (IPA) 400 firms.

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