Dunlap & Associates Joins with Seitz Leatherman & Kolb

Effective Jan. 2, Dunlap & Associates of Chalfont, Pa., and Seitz Leatherman & Kolb Montgomeryville, Pa., will merge.

“Our merger presents an ideal opportunity for growth through collaboration. Each of our firms has been serving the business community for 20 years. We have similar values, cultures and service philosophies, which makes this a natural fit,” Dunlap & Associates announced.

The new firm will be known as Dunlap SLK, and will operate out of Dunlap & Associates’ current location, which will be expanded and renovated before the new team arrives.

“As we come together, we are combining our talents and expertise to benefit our clients, while providing even more development and growth opportunities for our combined team of nine shareholders and 47 staff members,” managing director Dennis Dunlap told Lehigh Valley Business.

Lon Seitz, MP of SLK, says, “It allows us to expand, enhance, and diversify our capabilities, while continuing to provide clients with exceptional service on all levels.”

Dunlap & Associates PC was established in 1999 in New Britain Township. Its five shareholders and 31 employees provide accounting, auditing, tax and business consulting services for privately held companies, family-owned businesses, local governments, nonprofits and individuals.

SLK was founded in 1998 in Montgomery Township. With four shareholders and a staff of 16, the firm provides accounting, auditing, tax and business consulting.

Friedman Names Dula MP for Philadelphia Office

Kim Dula

Kim Dula

New York-based Friedman LLP (FY17 net revenue of $101.5 million), with offices in New Jersey, Long Island, N.Y., Philadelphia and Beijing, announced Kim Dula will assume the position of MP for the firm’s Philadelphia office on Jan. 1.

Dula will work closely with current MP Chuck Shechtman to transition management responsibilities. He will continue serving clients and developing new business opportunities within the Mid-Atlantic region.

“The entire Philadelphia office is so passionate about their work and is a great team to be a part of. They demonstrate exceptional client service each day, and we can thank Chuck for setting that example in his role,” says Dula.

Dula is a partner who provides tax planning and compliance services to the firm’s high-net-worth clients and their closely held businesses and private foundations. She also provides clients with the consulting and compliance services required to fulfill their estate, gift and fiduciary needs.

“Kim brings an impressive background in accounting and a strong dedication to her clients to the position, which is critical to maintaining our reputation for excellence and service,” says Shechtman. Dula will continue to manage the Philadelphia tax department and remain active in the firm’s high net-worth and closely held business practices.

Much of the staff in the Philadelphia office joined Friedman following its acquisition of Philadelphia-based accounting firm Shechtman Marks Devor in January 2016. Dula has been a partner at Friedman since 2013.

CohnReznick to Serve as Presenting Sponsor for MLB’s Winter Meetings

New York-based CohnReznick (FY17 net revenue of $617 million) announced that the firm will present coverage of the Major League Baseball’s winter meetings – across all of MLB’s media platforms.

The Major League Baseball Network will produce 45 hours of coverage of the winter meetings in Las Vegas.

As part of the collaboration with CohnKeznick, MLB Network will produce a new series, Business of Baseball, the firm announced, “which will explore the strategic issues franchises tackle on and off the field, such as enhancing the fan experience or leveraging data and analytics.”

The series began this week with MLB’s first general manager roundtable conversation with Alex Anthopoulos (Atlanta Braves), Rick Hahn (Chicago White Sox), Dayton Moore (Kansas City Royals) and Mike Rizzo (Washington Nationals), moderated by MLB Network host Brian Kenny and analyst and former GM Dan O’Dowd.

Excerpts from the discussion will be featured in a one-hour show at 8 p.m. ET on Saturday, Dec. 8. “Baseball is more than a game, it’s a business built on a foundation of strategy and leadership. That is why we are proud to support this unique content, taking fans behind the scenes to understand the business side of America’s pastime,” said Frank Longobardi, CEO of CohnReznick.

Interviews with club managers and general managers, insights into club strategy and player analysis from MLB Network’s Mark DeRosa, Kevin Millar, Dan Plesac and Harold Reynolds will be featured across programming and social content from the Mandalay Bay resort, beginning with MLB Tonight at 8 p.m. ET on Sunday, Dec. 9. Each of MLB Network’s offseason studio shows will air live on-site from Monday, Dec. 10 through Thursday, Dec. 13.

RSM Board of Directors Announces Three New Members

Sudhir Kondisetty

Sudhir Kondisetty

Chicago-based RSM US LLP (FY18 net revenue of $2.14 billion) elected three new board members – Sudhir Kondisetty, risk advisory services principal; Sara Lord, national director of audit services; and Jerry Martin, international tax partner. Each new board member was elected to a four-year term, effective Dec. 1.

As incoming board members, Kondisetty, Lord and Martin will work closely with board chair Sergio de la Fe, whose term began Sept. 1, and other board members to ensure the effective execution of the board’s responsibilities. In addition, the board is intensely focused on accelerating RSM’s technology and innovation strategies, and building the firm’s “first-choice advisor culture.”

Sara Lord

Sara Lord

Kondisetty is a consulting principal and OMP of the firm’s Philadelphia office. He oversees the Philadelphia risk advisory practice, which includes business risk, technology risk, and financial regulatory compliance, security and enterprise risk management. Kondisetty also is the northeast technology risk leader for RSM, and he leads the firm’s culture, diversity and inclusion (CDI) initiative in the Northeast region.

Lord is the national director of audit services with RSM. She is a member of the audit leadership team and leads the Assurance Standards and Methodology Group (ASMG), which has overall responsibility for the methodology, tools and training supporting RSM’s assurance services, and the Specialized Services Group (SSG), which includes industry leaders who support audit quality for specialized industry practices.

Jerry Martin

Jerry Martin

Martin is a partner specializing in advising businesses on global tax matters and leads the firm’s international tax practice. He is a member of the firm’s tax leadership and global strategy team teams. Martin focuses on consulting with clients to solve for their complex global tax planning and compliance needs. He works with RSM’s global teams to provide services that include global business and tax planning, structuring, and compliance services.

CBM Expands Office Space in Washington, D.C.

Bethesda, Md.-based Councilor Buchanan & Mitchell (CBM), has doubled its Washington, D.C., presence with new office space in the northwest area of the city.

CBM’s new office, at 1150 18th St., NW, opened Dec. 1, with the addition of Chaconas & Wilson, a tax and advisory firm that has operated in the District of Columbia since 1986.

“When we joined CBM, my team was assured of an ongoing presence in the District of Columbia,” says Patricia A. Drolet. “Not only has that promise been kept but, with the accommodations of the new office, we now have more than twice the size of our original space featuring state-of-the-art facilities and generous space to serve clients.” Drolet, a partner, sits on the CBM executive committee was the founder and MP of Drolet & Associates, which merged into CBM in 2014.

The merger with Chaconas & Wilson is CBM’s fifth in the past five years. Since 2014, CBM has grown rapidly from a professional services team of under 50 to nearly 100.

Yancey Bowman Joins Brown Edwards

Harrisonburg, Va.-based Yancey Bowman CPAs joined Roanoke, Va.-based Brown Edwards (FY18 net revenue of $42.5 million) on Dec. 1.

With this union, Brown Edwards will have over 350 associates in 10 offices – seven in Virginia, two in West Virginia and one in Tennessee. The partners and staff of Yancey Bowman will join the existing Brown Edwards office in Harrisonburg, Va.

“Over the years, Yancey Bowman has developed and grown valuable and well-respected specializations that fit with our mission to provide a wide variety of services to our clients. The additional resources of Brown Edwards will allow the merged firms to deliver these services to an expanded market,” says Jason Hartman, Brown Edwards’ CEO.

YB partner Richard Yancey says, “We are very proud of the quality and service we have delivered to our clients over the years and are excited to join a growing Top 100 firm that has a strong focus on not only the Harrisonburg area but also the entire region. We feel this change will allow us to continue offering comprehensive and personalized business advice tailored to our client’s needs. And, importantly, Brown Edwards shares our philosophy of focusing on the success of our clients.”

New Partner Karl Seemer Joins Mazars

Karl Seemer

New York-based Mazars USA LLP (FY17 net revenue of $189 million) announced that Karl Seemer has joined the firm as a partner in the New York real estate practice.

Seemer will provide focused tax advisory and compliance experience, continuing the firm’s growth in the real estate industry.

Shahab Moreh

“The significant changes to the tax regime have particularly impacted the real estate sector and Karl’s expertise in taxation will be of significant value to our clients as we continue to grow our real estate practice,” says Shahab Moreh, partner and real estate practice leader.

Seemer has over 15 years of experience in the field of taxation and law. His background includes tax compliance and tax consulting for partnership clients with a real estate focus. His  expertise includes partnership allocations, capital account and basis calculations, REIT and partnership structuring, contracts, leases and other consultations. In addition to real estate, he has a deep background serving clients in financial and professional services, manufacturing, technology and renewable energy. He also has experience with high-net-worth individuals, trusts and foreign reporting.

“This is a time of volatility in real estate,” Seemer says. “I look forward to leveraging the global resources of Mazars to continue delivering exceptional service to my clients and help them overcome their challenges.”

IPA 100 Schenck Joins CLA

Steve DeBruyn

Appleton, Wis.-based Schenck SC (FY17 net revenue of $80.3 million) will join Minneapolis-based CliftonLarsonAllen (FY17 net revenue of $866 million) on Jan. 1.

Schenck, which has 10 offices in Wisconsin, provides audit, accounting, tax and business consulting services to privately held companies and middle-market organizations. With this move, CLA will serve clients from 18 locations throughout Wisconsin. CLA has more than 5,400 employees and 110 U.S. offices.

“With our similar client service philosophies and cultures, joining CLA is a natural fit,” says Schenck president Daniel Young. “For our clients, we’ll bring greater and more diversified services. In addition, we’ll create exciting growth opportunities for our team. We anticipate a seamless integration for both clients and team members, and look forward to beginning this new journey.”

Young will lead the Wisconsin region as chief practice officer.

“We exist to create opportunities for our clients, our people, and our communities,” says Steve DeBruyn, chief practice officer, CLA eastern Midwest region. “As the world around us rapidly evolves, we continuously build our practice to lead the pace of change and innovation. Schenck has a strong reputation in Wisconsin and a solid team of well-respected professionals. Together we strengthen our ability to serve.”

The more than 600 current Schenck employees will continue to serve clients locally and nationally from their existing offices, expanding CLA’s Wisconsin team to more than 1,000 professionals.

Weinberger to Step Down as CEO of EY in July

Mark Weinberger

Mark Weinberger will step down from his role as global chair and CEO of New York-based Ernst & Young (FY17 net revenue of $13 billion).

The move is effective on July 1, 2019, the start of EY’s financial year 2020.

During Weinberger’s tenure, the global organization has undergone tremendous change. EY has more than 270,000 employees in over 150 countries, and last year 65,000 people joined the firm.

During his tenure, the firm’s annual compound revenue growth rate was 8.5%. Over the past six years, over 120 acquisitions have brought in new skills and capabilities, such as cybersecurity, artificial intelligence and data, the firm announced.

Today EY has 2,000 software robots (bots) at work, with 1,300 of these for clients and 700 in use internally. There are now over 20,000 data and analytics practitioners and more than 2,000 data scientists in EY. Best-in-class blockchain, cyber and digital solutions have been developed in EY.

Within the organization, Weinberger championed increasing diversity. On the Global Executive, the highest governing body in EY, the percentage of women increased to more than 26% and it included more representation from the emerging market and early stage partners to bring in younger voices. Additionally, nearly 30% of the EY FY18 partner class consisted of women.

Weinberger has served on the EY Global Executive for the past 10 years and on the Americas Executive Board for the five years prior. He was elected to his current role in 2012.

Weinberger says, “When I reflected on the massive changes we have navigated over the last seven years and the strong position we command to enable EY to excel in the years ahead, I realized that the time is right for me to step aside.”

EY expects to appoint a new EY global chairman and CEO sometime in January, allowing a six-month transition.

EisnerAmper Opens New San Francisco Location

New York-based EisnerAmper (FY18 net revenue of $360.7 million) announced that it has a new office in the financial district in San Francisco, and move-in is set for Dec. 3.

The move was prompted by the firm’s continued growth in California, along with the need for state-of-the-art processes and workspaces that support EisnerAmper’s “clients-first, employees-first” approach, the firm says.

While the location offers proximity to EisnerAmper clients in real estate, technology, financial services and other sectors, the technological investments will improve the overall client experience. Significant attention was given to a more open, brighter space that will occupy just over 12,000 square feet. While the existing arrangement is intended to accommodate 50-plus professionals, this space can accommodate a 50% growth in headcount. The firm will optimize use of this space by leveraging technology and hoteling as well as offering flexible work arrangements.

Award-winning architectural firm Francis Cauffman Architects led the design efforts. The office features an open layout, spaces for mobile workers, a “town hall,” and multi-purpose rooms. The redesign and office move were led by Bob Lane, EisnerAmper’s director of operations and administration and his team.

“We received valuable input from the staff on both the design essentials and amenities that will help them not only enhance productivity and client service, but help them remain closely connected with each other – whether working inside or outside the office,” he says.