Company announcements: Week of December 13
Following is the latest roundup of firm news for the week of December 13, 2010.
Keith Barfield, one of the founding shareholders of Barfield, Murphy, Shank & Smith, was featured in the recently released book CEO Speaks, Sage Advice During Turbulent Times. The book was written by Ina Stone and includes advice from 40 CEOs across different industries. Barfield gave responses to questions about career advice, ethics, best business practices, and giving back to communities through philanthropic endeavors. Also, Don Murphy, managing shareholder, was named to the Most Influential List by the Birmingham Business Journal. The list profiles individuals who are leaders in their fields and are critical to Birmingham's economic success.
BDO, a network of independent public accounting firms, recently announced that worldwide revenue for all BDO member firms (including the exclusive members of Member Firms' Alliances) for the year ended September 30, 2010, amounted to $5.3 billion. This represents an increase of 5.1 percent from last year. Revenues from assurance services accounted for 61 percent of combined fee income, with those for tax and advisory services representing 19 percent and 20 percent, respectively.
Fazio, Mannuzza, Roche, Tankel, LaPilusa, LLC, Cranford, recently announced that Felix A. Addeo, CPA, Elizabeth R. Doren, CPA, and Joseph R. Doren, CPA, joined the firm as principals. Formerly of Cohen, Doren, Addeo & Co., LLC, Jersey City, they brought six staff members to FMRTL.
The Miami Finance Forum, a non-profit trade association of investment and finance professionals in South Florida, recently announced the election of Carlos Deupi as the MFF's new chairman. Deupi, a corporate lawyer at the law firm of Hogan Lovells US LLP in Miami, will serve for a one-year term beginning in January 2011.
KPMG recently announced its new Americas partner class for 2010. The Americas class totals 136 new audit, tax and advisory partners, representing a dozen KPMG member firms across the region. New partners are chosen on the basis of several factors, including a clear demonstration of KPMG's core values of ethics, professionalism, and integrity, as well as industry depth and insight. The new partners representing KPMG member firms in the Americas include: United States (58); Canada (27); Brazil (15); Mexico (9); Colombia (7); Argentina (6); Israel (5); Costa Rica (3); Dominican Republic (2); Panama (2); El Salvador (1), and Peru (1).
Firm Foundation, a division of RSM McGladrey, Inc., which provides access to a successful alliance of like-sized firms and a broad range of technical expertise and practice management resources, recently announced the membership of three additional firms: AuldridgeGriffin, P.C., Wathen, DeShong, & Juncker, LLP, and CDPA, PC. Firm Foundation provides members with the opportunity to maintain their entrepreneurial culture and independence, while allowing access to the resources and services they need to meet the ever-changing demands of their clients and their firms.
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.