BeachFleischman and Taylor, Duffy & Associates Merge

Phoenix-based CPA firm Taylor, Duffy & Associates, PC and BeachFleischman PC, one of Arizona's largest locally owned CPA firms, have merged. Effective January 1, 2013, the combined firms will practice as BeachFleischman PC, and Taylor Duffy's employees, including four principals and seven staff, will join the firm's Phoenix practice.

BeachFleischman's Phoenix-based employee count will increase to eighteen, and its firm-wide employee count to 130 client service and administrative professionals, including twenty-four shareholders and fifty-seven CPAs. The merger also provides new and expanded office space for BeachFleischman's Phoenix operation, which will be relocated to Taylor Duffy's existing Phoenix office at 20830 North Tatum Boulevard. Taylor Duffy's founder and principal, Phillip Taylor, CPA, will become the managing shareholder of the firm's Phoenix operation.

"Our firms are very similar. From firm culture to client service philosophy, we share many attributes and core values. It made perfect sense for us to unite our firms," said Bruce Beach, CPA, CEO of BeachFleischman. "From a practice perspective, Taylor Duffy provides clients in the construction sector with a level of industry expertise that goes unmatched by firms in the Southwest," Beach added.

According to Phil Taylor, CPA, "The merger enables us to provide clients with the depth of services and expertise of a large regional firm, with the service-minded approach our clients would expect from a local firm. It's really the best of both worlds," said Taylor.

Mary Duffy, CPA, principal of Taylor Duffy added, "In terms of people, we're committed to making a substantial investment in human capital by providing an enjoyable, professional, and challenging working environment for employees. This was very important to us, and the merger provides everyone with enhanced opportunities for personal growth."

In February of 2012, BeachFleischman opened up an office in Phoenix to better serve clients. The Taylor Duffy announcement comes on the heels of a year that BeachFleischman experienced a growth rate of 15 percent, much of which is attributed to the firm's expanding Phoenix practice.

 

SOURCE: BeachFleischman Press Release

 

You may like these other stories...

The following list highlights 10 apps that that may be of interest to you, your clients, or your clients' clients. They were featured during a session of AWEBLive!, the 12-hour CPE marathon, and presented by Gregory L....
With tax season in the past, it's time to think about the tax implications of decisions your clients may be making about their homes in 2014. The rules are complicated and because of the huge amounts involved, the...
The Financial Accounting Standards Board (FASB) had hoped to issue a final standard on revenue recognition during the first quarter of this year. However, the standard-setting organization confirmed today that the timetable...

Upcoming CPE Webinars

Apr 24
In this session Excel expert David Ringstrom, CPA introduces you to a powerful but underutilized macro feature in Excel.
Apr 25
This material focuses on the principles of accounting for non-profit organizations' revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.
Apr 30
During the second session of a four-part series on Individual Leadership, the focus will be on time management- a critical success factor for effective leadership. Each person has 24 hours of time to spend each day; the key is making wise investments and knowing what investments yield the greatest return.
May 1
This material focuses on the principles of accounting for non-profit organizations’ expenses. It will include discussions of functional expense categories, accounting for functional expenses and allocations of joint costs.