Company Announcements: Week of July 15, 2013
by Terri Eyden on
The American Woman's Society of Certified Public Accountants (AWSCPA) announced the winners of its annual awards at the Women's Leadership in Accounting Conference (WALC) in Houston, Texas, on June 6, 2013:
- Woman CPA of the Year Award is Leslie Seidman, CPA, then-chairman of the Financial Accounting Standards Board
- Educator of the Year is Jan Taylor Morris, PhD, CPA, Sam Houston State University
- Lead by Example Award was presented to the Houston office of PricewaterhouseCoopers
- Innovation in Women's Programming Award was presented to Moss Adams, LLP
- Public Service Award was presented to Marcie Bour, CPA, ABV, CVA, CFE of the Florida Business Valuation Group
- Woman of Courage Award was presented to Nancy Calderon of KMPG.
The AWSCPA also presented its Presidential Award to Wendy Lewis, CFO of Jim R. Smith & Company. This award is for the woman CPA who best exemplifies the highest standards of professionalism in her career, deep involvement in her community, and strong leadership within the society.
Trace Blankenship has been elected to the board of directors and executive committee for Cumberland Region Tomorrow (CRT). Blankenship is a founding member of Bone McAllester Norton PLLC and the firm's general counsel.
CRT is a nonprofit organization dedicated to planning for the future livability and economic vitality of Middle Tennessee's ten-county region. The organization supports and encourages growth planning, with emphasis on land use, transportation, and preservation of the rural landscape and character of the region's communities. CRT brings people together to address regional challenges and opportunities for the future growth and development of Middle Tennessee. The mission is to foster communication, collaboration, and action for the long-term livability, economic vitality, and sustainability of the region.
At Bone McAllester Norton, Blankenship's practice is focused on mergers and acquisitions, venture capital and debt financing, and board governance. Blankenship advises emerging companies, established businesses, and serial entrepreneurs on strategy, design, execution, and legal requirements of complex business transactions, including leveraged buy-out and change-of-control transactions, tender offers, national roll-up acquisition strategies, private placements of equity and debt, "going private" and "going dark" transactions, sales of closely held businesses to strategic and financial buyers, and private equity fund formation. He regularly serves as outside general counsel for a number of his clients.
Cendrowski Corporate Advisors, LLC, headquartered in Bloomfield Hills, Michigan, has joined CPAmerica International, a national association of independent, certified public accounting firms that provides shared best practices, networking opportunities, and access to expert resources for member firms.
As an exclusive association of more than eighty independent CPA firms across the United States, CPAmerica strives for its members to continuously improve. CPAmerica is a member of Crowe Horwath International, which has members in more than 650 offices in more than 100 countries around the world.
Each firm undergoes a rigorous quality review prior to obtaining membership in CPAmerica. Only those firms with the highest standards in all practice areas are approved by the council of members.
Citrin Cooperman announced it has awarded ten exceptional students with scholarships totaling $40,000 as part of the firm's 9th Annual High School Accounting/Business Student Grant Program. Each student will receive $4,000, equally distributed over the course of four years, as long as he or she is enrolled in college and meets specific requirements set forth by the firm's Scholarship Committee. Led by Alex Serrano, comanaging partner of the Livingston, New Jersey, office, the committee is comprised of a representative group in each of the firm's offices in Connecticut, New Jersey, Philadelphia, White Plains, and New York City.
The scholarship recipients are:
- RayQuiner Hills, Bridgeport, CT
- Donna Men, Danbury, CT
- Marcianna Judge, East Orange, NJ
- Angelina Savitsky, Jersey City, NJ
- Rana Yasef, Linden NJ
- Joseph Hiciano, Sleepy Hollow, NY
- Ryan Mandell, Plainview, NY
- Tom Ogindo, Peekskill NY
- Tyler Wojcik, Northport, NY
- Jordan Fletcher, Philadelphia, PA
To date, Citrin Cooperman's college grant program, which launched in 2005, has awarded $150,000 to seventy-five students. Students must maintain a 2.75 GPA and stay enrolled as a business or accounting major. Annual applications are accepted in January with the selection process concluding in May.
The firm is scheduled to host a breakfast for the 2013 scholarship recipients and their family members at its headquarters in New York City on July 9.
Councilor, Buchanan & Mitchell, PC (CBM), a leading Bethesda, Maryland–based full-service CPA and business advisory firm, is proud to announce that Michael Hayunga has earned the Certified Fraud Examiner (CFE) credential, denoting proven expertise in fraud prevention, detection, and deterrence.
Hayunga is an audit senior with CBM. His public accounting experience includes general audits, pension plan audits, reviews, and tax preparation. He is involved in several industry concentrations, including employee benefit and pension plans, construction, and automotive dealerships. He graduated from the University of Maryland University College with a Bachelor of Science in Accounting.
Pat Murphy, former special agent and supervisory special agent with the Federal Bureau of Investigation (FBI), has joined Grant Thornton LLP as a director in the firm's Forensic, Investigative and Dispute Services practice based in Chicago.
Most recently, Murphy served as the public corruption coordinator for the Chicago office of the FBI, and was colead investigator and later supervisor of the long-term public corruption investigation, code named Board Games. The investigation resulted in the conviction of fifteen individuals, including former Illinois Governor Rod Blagojevich. He also led the investigation of Michael Segal and his company, Near North Insurance Brokerage, which resulted in the conviction of Segal and his company on fraud charges as well as a $15 million forfeiture.
Murphy brings to Grant Thornton more than twenty-five years of experience and will assist the firm's clients in assessing a wide range of internal and external threats, including fraud, theft, and corruption, as well as implementing preventative programs. He has extensive experience investigating and supervising complex white-collar crime, including financial institution fraud, corporate fraud, bankruptcy fraud, embezzlements, securities fraud, investment fraud, mortgage fraud, antitrust, and public corruption.
A frequent presenter on public corruption and financial institution fraud, Murphy received a juris doctor degree from Loyola University of Chicago and a bachelor's degree in accounting from DePaul University.
Grant Thornton LLP named Joey Ward partner-in-charge of its Raleigh office effective August 1.
With more than twenty years of experience, Ward brings a wealth of knowledge and experience to this leadership position. In addition to serving public and private companies around the Carolinas, Ward has unique experience having served an international rotation in Germany with a global accounting firm as well as serving as a senior finance manager for a multibillion-dollar construction management firm.
A native of North Carolina, Ward received a master's degree in accountancy and a bachelor's degree from the University of North Carolina at Chapel Hill. He is a certified public accountant in North Carolina.
Denise Ho Lippuner has joined Grant Thornton LLP as a partner in its Global Public Sector practice to lead its Public Sector Financial Management Advisory Services.
Prior to joining Grant Thornton, Lippuner served in senior leadership roles as a partner and managing associate for professional services firms such as Coopers & Lybrand, Price Waterhouse, and PwC. Most recently, she led the Enterprise Information Management Service area within the Public Sector Business Analytics and Optimization Practice at IBM.
Lippuner received a bachelor's degree in accounting from Virginia Tech. She is a certified government financial manager.
Brian Dauphin, senior vice president of Ingram Content Group, became the company's chief financial officer (CFO) on July 1, reporting to CEO John R. Ingram. Dauphin will succeed Frank A. Kerrigan, who has served as Ingram's CFO since 1996.
Kerrigan has announced his intent to retire next year. Effective July 1, he will become senior vice president for a transition period. A Nashville native, Kerrigan joined Ingram Book Group as vice president and controller in 1994. He was promoted to senior vice president and CFO of the Book Company in 1996. Prior to Ingram, he served in the automotive supply industry for several years. He is a graduate of Vanderbilt University and is a certified public accountant.
Dauphin is currently the senior vice president of Ingram's Lightning Source Inc., which provides print-on-demand services to publishers. As a member of the Lightning Source management team, he has worked closely with Kerrigan for the past four years.
Dauphin joined Ingram in 1999 as controller for Lightning Source. He was appointed vice president and controller of Lightning Source in 2003, senior vice president for Finance in 2004, and senior vice president for Finance for Ingram Content Group in 2012.
Before joining Ingram, Dauphin was the cofounder and CFO of Carelink Health Partners, which managed hospital-based skilled nursing facilities and senior health centers until sold to LifeTrust America in 2007. Earlier in his career, Dauphin worked at the public accounting firm of Ernst & Young and later was a financial management specialist for Cooper Industries – a Fortune 500 diversified global manufacturing company.
Dauphin has a BS in accounting from the University of Alabama at Birmingham and is a certified public accountant.
The certified public accounting firm of LCS&Z is pleased to announce that Mary MacKrell, CPA, CGMA, has recently been appointed to the New York State Quality Review Oversight Committee (QROC).
MacKrell has been with the firm since 2008. As a manager, she specializes in audit and attest engagements. MacKrell is also responsible for doing the firm's A-133, government and grant audits, performing peer reviews, and working on internal quality control. She is a graduate of Russell Sage College where she received her Bachelor of Science in Accounting.
The New York State QROC is the oversight body of New York State's mandatory quality review program that went into effect January 1, 2012. The committee is responsible for overseeing the peer review process for New York firms and making an annual recommendation as to the qualifications of sponsoring organizations. QROC is also charged with informing the State Education Department (SED) of any problems related to the quality review program, reviewing reports to ensure firms are complying with the standards, and assessing the quality review program overall.
Robert A. Modansky, CPA, CFF, has recently been recognized with the Chartered Global Management Accountant (CGMA) designation, powered by the resources and expertise of the American Institute of CPAs and the Chartered Institute of Management Accountants.
Modansky is a partner with Rosen Seymour Shapss Martin & Company LLP and has actively developed the firm's insolvency practice. Modansky has spoken to the LIU Center for Accounting and Tax Education Conference on "Financially Troubled Business and Insolvency"; the New York State Society of Certified Public Accountants (NYSSCPA) Annual Bankruptcy and Reorganization Conference; and the NYSSCPA: Annual Closely Held and Flow Through Entities Conference. He recently joined the National Editorial Board (NEB) for Trendlines, a publication of PDI Global/Thomas Reuters. Additionally, he is actively involved with the firm's public client's strategic and tax planning and filing compliance.
He is a CPA licensed in Virginia and New York and received his Certified Financial Forensics (CFF) from the AICPA. Modansky received his BSBA from The American University, Washington, DC. Modansky has also served on the New York City Bar Association Personal Tax Committee (only non-attorney member).
RSM, the seventh largest global network of independent audit, tax, and advisory firms, has further strengthened its presence in Argentina and the wider Latin American region following the merger of RSM Torrent with Razzetto Lopez Rodriguez & Cordoba (Razzetto) a highly regarded top-ten Argentine firm. The enlarged firm will be known as RSM Torrent Razzetto.
Buenos Aires–based RSM Torrent has been a member of the RSM network since its creation in 1964. In 2012, it had a fee income of $2.5 million and was ranked tenth in Argentina. Razzetto posted a fee income of $4.3 million in 2012 and was ranked eighth in the country. The enlarged firm will have a combined fee income of $6.8 million and will be ranked seventh in Argentina.
RSM Torrent Razzetto will have ten partners and 190 staff and is looking to increase its headcount and expand its geographical coverage in Argentina as it serves a growing number of national and multinational businesses.
The RSM network has seen significant expansion in the past twelve months, with the admission of member firms in Angola, Bangladesh, Chad, Croatia, Honduras, Iraq, Latvia, Mauritius, Nicaragua, Nigeria, Palestine, Serbia, Sweden, Vietnam, and Zambia. In particular, overall revenues in Latin America grew 11 percent last year, moving RSM from eleventh to seventh place in the regional ranking.
The accounting firm of RubinBrown announced the following promotions:
Terri Kerber, CPA, has been promoted as a manager in the firm's Entrepreneurial Services Group where she specializes in health care and the not-for-profit sector.
Zack Fritz, CPA, has been promoted as a manager in the firm's Tax Services Group where he specializes in construction as well as manufacturing and distribution.
rwc360, LLC, a marketing and public relations firm exclusively serving the accounting industry, announced today that Gaynor Meilke has joined its team in the role of professional accounts manager.
Bringing over fifteen years of years of experience in marketing and public relations to her new role, Meilke will work with rwc360 clients to develop and implement results-driven marketing communications programs. Meilke brings a wealth of insight and knowledge in marketing, branding, and public relations to rwc360 from her previous career positions, which include working for Thomson Reuters in addition to senior marketing and consulting roles in the financial services industry. Meilke earned a Master of Science in Integrated Marketing Communications from Eastern Michigan University and a Bachelor of Applied Science in Marketing and Communications from the University of Guelph.
Runners and walkers take your mark and get ready for one of the most scenic charity runs in New Jersey. The second annual The 4 Miler at Garret Mountain is taking place on September 7 at Garret Mountain Reservation in Woodland Park. The race event, sponsored by the Sax Macy Fromm (SMF) Foundation, will benefit the Child Life Department at St. Joseph's Children's Hospital.
The 568-acre recreational Garret Mountain Reservation, an area landmark overlooking Route 80 in Woodland Park, is located at 288 Rifle Camp Road. This year's 4 Miler event will feature a 4-mile run (9:00 a.m.) on a scenic USA Track and Field Certified double-loop racecourse as well as a 1.5-mile trail walk (9:10 a.m.). Kids' dashes (at 10:15 a.m.), with distances ranging from 25 to 200 yards, will be held for youngsters ages 2 to 11. Race day entertainment includes a live DJ, random prize drawings, a variety of children's activities, and post-race refreshments. In addition, custom technical T-shirts will be provided to participants while supplies last.
The accounting firm of Sax Macy Fromm, based in Clifton, New Jersey, established the SMF Foundation to give back to the community. The Foundation once again will be absorbing all expenses associated with the 4 Miler in order to donate 100 percent of the proceeds raised through sponsors directly to St. Joseph's Child Life Department. The department is a crucial resource in helping to ease the stress and anxiety of pediatric patients and their families during illness and hospitalization.
Corporations, foundations, and individuals are being sought to join the initial group of sponsors. Those interested in sponsorship packages can contact Danielle Atkinson at email@example.com or (973) 472-6250 for more information, or visit the SMF website.
Recognized for its high standard of quality responsive and compassionate pediatric care, St. Joseph's is a state-designated children's hospital offering a broad spectrum of services for patients from birth to 21 years of age and their families. Reliant solely on private program support, Child Life Department staff members provide a wide variety of programs including medical play; pet, music, and art therapy; and celebratory activities, among others.
Preregistration for participants through September 2 is $23 ($20 for USATF members). After September 2 and on race day, registration is $25. To register for the event, which will be held rain or shine, visit http://www.raceforum.com/garret.
Christina Auckland and Casey Gilbert have been selected as professional interns at Scott and Company LLC, one of South Carolina's leading accounting and consulting firms.
A native of Columbia, South Carolina, Auckland is a rising senior at the University of South Carolina's Moore School of Business where she is pursuing a BS degree in business administration while majoring in accounting. As a professional intern, she provides direct support to partners and staff of Scott and Company, including assisting in preparation of tax returns, financial statements, and other reports and deliverables. She holds both the Dean's Scholarship and Palmetto Fellows Scholarship at USC and has been a consistent member of the honor role for academic excellence since her enrollment in fall 2010. She also has served as an after-school counselor for the Lexington-Richland County School District Five and as an athletic department tutor for USC athletes at the Dodie Anderson Academic Enrichment Center.
Gilbert is a native of Paducah, Kentucky, and a rising senior at the University of South Carolina's Moore School of Business where she is pursuing a BS degree in business administration with a major in accounting. At Scott and Company, she provides support to partners and staff by assisting in preparation and proofing of financial statements, tax returns, and other reports. She has prior experience serving as an accounting clerk and warranty administrator for major area automotive dealerships, where she managed numerous accounting schedules, prepared management reports, and reconciled and submitted sales taxes for multiple car franchises.
Stone Carlie, certified public accountants, business consultants, and wealth advisors, announced six promotions within the firm.
Promoted to Manager:
Kristin Rugen, CPA – Tax & Business Services
John Simpson, CPA – Assurance Services
Promoted to Senior Manager:
Michelle Matava, MBA, CFA – Valuation Services
Amanda Mell, CPA – Tax & Business Services
Mark Paluczak, CPA – Tax & Business Services
Promotion to Principal:
Beth King, CPA – Assurance Services
Deborah Maret, CIMA – Wealth Advisory Services
Stone Carlie also announced that three members of the Systems Security & Process Assurance (SSPA) team – Richard Scarfino, member; Joshua Ayers, senior manager; and Timothy Crawford, manager – have been approved as Service Organization Control (SOC) Specialists for the AICPA Peer Review Program.
The AICPA Peer Review Program is the accounting industry's self-review program. Every CPA firm that performs assurance-related services must undergo a review to ensure they are adhering to professional standards. The AICPA introduced the SOC Specialist due to the high level of expertise required to perform SOC engagements. To find a full list of AICPA Peer Review Program SOC Specialists, click here.
All three individuals have numerous years of information security, technology, and internal control audit engagement experience and are CPAs, Certified Information Technology Professionals (CITP), Certified Information System Auditors (CISA), and Certified Information Systems Security Professionals (CISSP).
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