Company Announcements: Week of February 4, 2013

Lattimore Black Morgan & Cain, PC (LBMC), one of the Southeast's largest accounting and business consulting firms, has added Emily A. Sills, CPA, in its Knoxville office as a staff member in the tax department. Originally from Knoxville, Emily is a recent graduate of the University of Tennessee at Knoxville with a bachelor's degree in accountancy as well as a master's in accountancy.  Emily previously worked as a tax intern at LBMC while attending school. Emily is settled in her new role and looking forward to the 2013 tax season, but she is most excited that she recently passed the CPA exam. 

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Nexia International is delighted to announce its financial results for 2012 with total revenue at US$2.8bn, up a significant 22 percent from 2011. This is the fastest rate of growth among major global accounting networks and catapults Nexia International back into the top ten, according to the latest IAB World Survey.
 
Regionally, Nexia International saw its highest revenues of US$1.3bn in North America. This was followed by Europe (US$1.09bn), Asia-Pacific (US$300m), Latin America (US$44m), and Africa and the Middle East (US$36m). The global network's North American revenues were bolstered by recently merged US firms CliftonLarsonAllen and CohnReznick, both of which chose to stay with Nexia International following their mergers.  
 
Larry Chastang, Nexia International's Regional Chair for North & Central America, stated: "Nexia International is clearly going from strength to strength, demonstrated by our impressive fee income and the number of inquiries we continue to field from US firms keen to be a part of the network."
 
During the year, the international network expanded its presence by attracting member firms in Australia, Bangladesh, China, Mexico, Mongolia, and the UK, resulting in an 11 percent rise in total staff to 22,319 based in 581 offices.
 
"Our two-year growth rate of 34 percent has been remarkable given the economic climate and shows clear evidence of the successful implementation of our strategy. A continued commitment to recruiting high-quality firms in key and emerging world markets, combined with the delivery of several internal initiatives, have been critical to our success," said Kevin Arnold, CEO of Nexia International.
 
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The members of Smith Elliott Kearns & Company, LLC (SEK&Co) are pleased to announce Michael E. Kipe, CPA, David E. St. Clair, CPA, and Kevin B. Stouffer, CPA, were recently promoted to the position of manager with the firm.
 
Kipe was promoted from supervisor to manager. He joined the firm in 2002 and is primarily focused in the audit department of the firm's Hagerstown office. His experience includes providing and leading audit engagements for various industries, including nonprofit, continuing-care retirement communities, health care, manufacturing, financial institutions, and local government clients.
 
St. Clair was promoted from supervisor to manager. He joined SEK&Co in 2001 and is a manager in the firm's Hagerstown, Maryland, office. St. Clair has over eleven years' experience in public accounting with a focus on providing auditing, accounting, and tax services to entities in the nonprofit, governmental, construction, and manufacturing industries. In his role, he is responsible for planning and organizing client engagements, preparing and analyzing financial statements, evaluating internal controls, mentoring department staff, and maintaining relationships with the firm's clients. St. Clair recently has shifted his focus to provide tax and accounting services to small business.
 
Stouffer was promoted from supervisor to manager. He joined the firm in 2004 after graduating from the John L. Grove College of Business at Shippensburg University. Stouffer serves clients as part of the firm's government services team. He specializes in providing audit services to governmental clients, including school districts, boroughs, and other municipalities.
 
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Tate & Tryon is pleased to announce that Christian Spencer, CPA, has been promoted to partner in the firm's Audit and Assurance Services Department effective January 1. Spencer has over sixteen years of experience serving the audit needs of a wide range of nonprofit organizations, including associations, charitable and educational organizations, and political action committees. Prior to joining Tate & Tryon in 2011, Spencer held various audit positions at a national public accounting firm.   
 
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On January 31, Thomson Reuters received a 2013 SIIA CODiE Award for its Checkpoint World research platform at SIIA's annual conference for information leaders. The online service was recognized for its excellence in the category "Best Service Using Aggregated Content."
 
Designed for multinational corporations, Checkpoint World streamlines tax research workflow and provides expert analysis and breaking news on international tax and accounting topics.
 
"We're honored to receive this prestigious award," said Steve Mendelsohn, managing director of Knowledge Solutions, Thomson Reuters. "This reaffirms our industry-leadership position as information experts in the tax and accounting market."
 
Also recognized as content finalists were:
  • Thomson Reuters Checkpoint mobile 
  • Tax & Accounting eBooks on Thomson Reuters ProView app 
"We are especially pleased with the high caliber of this year's CODiE Award winners. The products selected as finalists stand as a testament to the dedication finalist companies have not only to meet, but also to exceed their customer and partner expectations," noted SIIA vice president for the content division, Kathy Greenler Sexton. "This was an extremely competitive year for the Content CODiE Awards."
 
Serving as the preeminent awards program for the software and information industries, the SIIA CODiE Awards have been honoring excellence for twenty-seven years. This year's program had seventy-five categories organized by industry focus in content, education, and software. 
 
Recipients in the content categories represent the best products, technologies, and services created by or for media, publishers, and information services providers.
 

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