Founder of Herbein + Company Passes Away

Carl Herbein

Carl Herbein

Carl Herbein, founder Herbein + Company, Inc. in 1972, passed away on Sept. 16, 2018.

From humble origins at the Herbein family kitchen table, Herbein was the driving force behind a firm that now has nine locations and more than 200 employees. His dedication and influence reach far beyond the firm. As a business leader, Herbein left a great legacy. As a friend and mentor, his loss is particularly profound.

As founding partner of Herbein + Company, he also served as the firm’s president, CEO and PIC of the firm’s dairy practice until his passing. His expertise in dairy accounting was recognized nationwide. He visited and provided services to more than 150 dairy processing facilities of all types and sizes.

Herbein was an avid sportsman who enjoyed racquet sports, cycling and running. He was renowned for his devotion to his family and enjoyed spending time with his family at their retreat in Avalon, N.J.

Herbein touched countless lives. The firm is compiling stories of his life, no matter if it’s how you first met, a funny story, or a way that he has touched your life – please considering sharing here:

Eide Bailly Names New Chief Practice Officer for South Central Region

Tom Goekeler

Tom Goekeler

Tom Goekeler, partner at Fargo, N.D.-based Eide Bailly LLP (FY18 net revenue of $299.2 million) has been named chief practice officer of the South Central region, which currently covers the firm’s Oklahoma and Texas offices. He joins Barb Aasen, CPO for the Midwest region, and Andy Spillum, CPO for the Western region. Goekeler currently serves as the PIC of the firm’s Tulsa, Okla., office, as well as the director of the dealership industry, and will continue in those duties in addition to his new role.

Goekeler’s new role includes overseeing the region and local partners, as well as identifying opportunities for growth and innovation. He brings more than 30 years of financial and public accounting experience to the table and prides himself on helping clients achieve their biggest business objectives.

“I am honored and excited to take on this new role,” says Goekeler. “I very much look forward to sharing in the building of our firm’s future, as well as working with our regional offices and growing the firm in this part of the country.”

Elliott Davis Promotes Eight Professionals to Shareholder Status

Greenville, S.C.-based Elliott Davis (FY18 net revenue of $119 million) has admitted eight members of its professional services team as shareholders, effective Sept. 1.

“These individuals have demonstrated a deep commitment to the development and growth of their respective practices and the firm as a whole,” says Rick Davis, CEO. “They’re all innovative thinkers who embody our future-ready approach to business and embrace their roles as change agents striving to transform what it means to be providers of tax, accounting and financial consulting services. We’re proud of their accomplishments and look forward to sharing in their continued success.”

The eight new shareholders/principals are:

Denise Bailey leads Elliott Davis’s accounting systems consulting group, providing businesses of various sizes with accounting, tax planning and compliance, and startup consulting. Bailey, who is based in the Greenville office, has specialized knowledge in accounting systems applications, accounting workflow processes and analysis, sales and use tax reporting and compliance, and payroll tax reporting and compliance.

Shelton Chambers is based in the Chattanooga, Tenn., office and works primarily in the areas of tax and estate planning for trusts, tax-exempt organizations and not-for-profit entities. Chambers advises clients on sophisticated estate plans, business transition plans and gifting mechanisms available to transition wealth to younger generations.

Michael Koupal is based in the Nashville, Tenn., office, provides accounting and assurance services to clients in the financial institution sector. With approximately 13 years of experience in public accounting, Koupal works with financial institutions ranging in size from $100 million to more than $3 billion in assets.

Jeremy Migliara is based in the Greenville office and serves as director of the SALT technical specialty group. Migliara, who has more than 25 years of experience in accounting, works with clients in a variety of industries and consults with multistate taxpayers in addressing technical state tax issues in the areas of income and franchise tax, sales and use tax, property tax, employment tax and state credits.

Eric Myers is based in the Chattanooga office. With more than 13 years of experience in public accounting, Myers provides tax planning and compliance services to manufacturing and distribution companies with multi-state and international operations, private equity-owned portfolio companies and closely-held businesses.

Ben Romeiser has more than 15 years of corporate tax experience in both industry and public accounting, is based in the Raleigh, N.C., office. Romeiser specializes in tax consulting and structuring, and mergers and acquisitions for the manufacturing and distribution and tax transaction services teams.

Thomas Self is based in the firm’s Greenville office. Self has extensive experience providing holistic tax planning and compliance services to partnerships, corporations, trusts, estates and individuals.

Marshall Stein has more than 10 years of experience and is based in the firm’s Raleigh office. Stein provides accounting, assurance and consulting services to clients primarily in the commercial, construction, manufacturing and real estate industry sectors.

Frazier & Deeter Adds Transaction Advisory Partner

Tim Koch

Tim Koch

Atlanta-based Frazier & Deeter (FY17 net revenue of $83.6 million) announced that Tim Koch has joined the firm as a partner who will be leading the firm’s transaction advisory practice.

“Over the past few years we’ve seen a surge in demand for our transaction advisory services,” says Seth McDaniel, MP. “We’re delighted to add a Lead Partner to the practice who brings a strong track record supporting complex transactions.”

Koch was most recently a partner at a top 25 CPA firm, where he was a lead transaction advisory partner focused on middle market buy-side and sell-side transactions for private equity and corporate clients. He has participated in transactions that have had enterprise values ranging from a few million to over one billion dollars.

Koch has significant senior executive experience, including being the CFO and executive committee member for a large privately held business. He also previously was recruited to serve as a senior financial officer to assist a large public company reorganizing under U.S. bankruptcy laws. Koch began his career with Arthur Andersen.

Koedding Joins Janover LLC as VP of Operations

Karen Koedding

Karen Koedding

Garden City, N.Y.-based Janover LLC (FY17 net revenue of $30 million) announced the appointment of Karen Koedding as VP of Operations. In her role at the firm, Koedding will oversee the firm’s internal accounting, human resources, marketing, administration, learning and development, and tax processing departments. She will also execute Janover’s strategic plan to continue to drive growth and profitability for the firm.

Koedding joins Janover with more than 28 years of professional experience that has encompassed both public and private accounting, and as an entrepreneur running her own consulting firm. Her expertise includes building upon a company’s ongoing financial and overall success, building businesses, departments and relationships.

“We are thrilled to have an executive of Karen’s caliber join the Janover team,” says Mark Goodman, Janover’s MP. “She is an extremely talented individual who will help guide the firm to the next level.” Goodman added.

Bennett Thrasher Names Williams as Managing Director

Davin Williams

Davin Williams

Bennett Thrasher LLP (FY18 net revenue of $55.6 million) of Atlanta, announced the addition of Davin Williams as managing director of Bennett Thrasher’s advisory and interim advisory services practice group. 

In his role, Williams will oversee the advisory and interim management for outsourced accounting services. The newly formed group offers a full range of customized business solutions for growth, expansion and increased financial transparency. The group also provides interim and fractional executive services designed to help growing companies in need of additional accounting resources, while complementing existing financial functions.

Williams acts as a strategic advisor, helping clients make management and financial decisions that support growth and enhance business objectives. He consults with clients on growth strategies, business combination accounting, out-of-state expansion and financial reporting.

Williams has more than 16 years of experience in public accounting and is a licensed CPA in Florida, Georgia and Mississippi. He also brings experience in finance for start-ups and international companies seeking expansion in the U.S.

SingerLewak Names New Managing Director

Vanita Spaulding

Vanita Spaulding

Los Angeles-based SingerLewak (FY17 net revenue of $53.4 million) announced that Vanita Spaulding has been named as managing director in the firm’s valuation practice. Spaulding is based in the firm’s Woodland Hills, Calif., office.

Spaulding has provided professional business valuation and related financial advisory services full-time since 1982, and also provided and/or managed over 1,500 valuation engagements involving companies ranging in size from small closely held companies with under $1 million in revenue to multinational, publicly traded companies with revenues in the tens of billions.

Spaulding has extensive experience in fair value determinations for corporate transactions and derivative securities. She has also dealt with clients auditors in resolving fair value reporting issues as well as the IRS on valuation matters for income, gift and estate tax purposes.

McGowen Hurst Clark & Smith Admits Moran to Partner

Wendy Moran

Wendy Moran

West Des Moines, Iowa-based McGowen Hurst Clark & Smith (FY17 net revenue of $10.5 million) announced that Wendy Moran has been admitted as partner overseeing assurance within the company. She will continue to work from the firm’s West Des Moines office location.

Moran joined the firm in 2015. With more than 15 years of experience, Moran is among a group of eight partners at the firm and will continue to specialize in audits, reviews, agreed-upon procedures and consulting engagements related to financial statements and controls. The firm works with over 5,300 clients that are among several different industries including transportation, non-profit, distribution and contractors that Moran will focus her time.

“Wendy’s professionalism, insight and approach is a perfect fit with our culture of meeting and exceeding client expectations and creating a great work environment for our team members. We look forward to Wendy being part of the MHC&S leadership for many years,” says Dan Schwarz, co-MP.

PKF O’Connor Davies Hires Mazza as Partner

New York-based PKF O’Connor Davies (FY17 net revenue of $160 million) announced that it has hired Cheri Mazza. Mazza will serve as a business valuation and financial forensics partner specializing in forensics, valuation and litigation support.

“Cheri brings diverse experience from the business, consulting and education arenas that will provide a unique perspective to our team and clients,” says Kevin Keane, MP. “Her accomplishments are impressive and we are thrilled to have her as part of the growing PKF O’Connor Davies team.”

Mazza has more than 30 years of public accounting, financial forensics and forensic accounting, business valuation and standard setting (FASB) experience. She also has significant university teaching and research experience and has served on the board of a publicly-traded bank.

Miller Named President of Beta Alpha Psi

Alexandra L. Miller

Alexandra L. Miller is set to lead Beta Alpha Psi as the new 2018-2019 president of the organization’s board of directors. Miller’s theme of the year – Inspiring Future Leaders to Leave a Legacy of Excellence – stems from her desire to help pave the way for future leaders. “Why do we plant a tree? We plant a tree so that others will have shade,” Miller says. “I want to inspire future leaders to think not just about how they’re going to succeed in their careers, but about the legacy they’re leaving for others who follow them. What seeds can they plant now that will develop in the future into shade for someone they don’t even know?”

Miller’s leadership experience includes serving as the national president of the American Woman’s Society of CPAs (AWSCPA) in 2003-2004. She served as a member of the AICPA Women’s Initiative Executive Committee and was the Beta Alpha Psi Professional Partners Chair from 2014-2016.

With her own accounting firm of over 20 years in Tucson, Ariz., Miller focuses on income tax for individuals, estates, trusts and small businesses.

“As a small firm practitioner and entrepreneur, I hope to show students, faculty and business professionals a different focus for career possibilities. The opportunities in the future are limitless. We just need to take that leap, be fearless and meet the challenges head on.”