Minnesota accounting firm announces merger
Rochester, MN-based regional accounting and financial services firm Wolter & Raak has announced its merger with Bruce L. Swanson, CPA, also of Rochester.
Wolter & Raak, has offices in St. Charles, Winona and Rochester. The merger allows Wolter & Raak to enhance its auditing practice, according to a report in the Rochester Post-Bulletin. Swanson's current practice is reportedly made up of about 60 percent audits.
"The main focus on his firm has been auditing, and that is something we have been lacking in," said Arthur Raak, shareholder with Wolter & Raak.
"He will be a mentor to the younger employees, and as audit director for Wolter & Raak, Bruce will oversee that aspect of our business," stated Raak in a news release.
the Post-Bulletin reports that Swanson will be based in the Rochester office of Wolter & Raak.
Wolter & Raak has 22 employees in its three offices.
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.