Accounting and advisory firm Baker Tilly Virchow Krause, LLP (Baker Tilly) has named four new members to the firm's Board of Partners: Mark Bakko, CPA, MBT; Christine Fenske, CPA; Thomas F. Walker Jr., CPA, JD; and Alan Whitman, CPA. The Board of Partners is the governing body of the firm and is responsible for the establishment and execution of Partnership governance policy, oversight of the CEO, ensuring the continuity of the Partnership, and other major decisions affecting the firm.
Mark Bakko, CPA, MBT, joined Baker Tilly in 2001 and has been a partner and regional tax leader since 2004. Prior to joining Baker Tilly, Bakko spent twelve years at Deloitte & Touche and five years as CFO at a medical device company. He has a master's degree in tax from the University of Minnesota and has been an adjunct profession for seven years teaching tax research in the University of Minnesota's Master of Business Taxation program. Bakko is also a frequent speaker at the Minnesota Society of CPAs. Bakko resides in the Minneapolis office.
Christine Fenske, CPA, joined Baker Tilly in 2004 as a partner to lead the financial institutions practice. Prior to joining Baker Tilly, Fenske was with Ernst & Young in Milwaukee where she was a senior manager in charge of the Wisconsin financial institutions marketplace. Fenske graduated magna cum laude from University of Wisconsin-Whitewater with a BBA in accounting. Fenske resides in the Milwaukee office.
Thomas F. Walker Jr., CPA, JD, joined Baker Tilly in 2007 and became a partner that same year. He has served as the firm leader of Private Equity and Transaction Services and was recently selected to be the managing partner for the firm's offices in Illinois. Prior to joining the firm, Walker served as chief administrative officer and general counsel of a federal savings bank specializing in the marketing, origination, issuance, and sale of credit card assets. Prior to joining the federal savings bank, Walker was a partner with a large Milwaukee law firm. Walker resides in the Chicago office.
Alan Whitman, CPA, joined Baker Tilly in 2003 after working at PricewaterhouseCoopers as the middle market tax leader. Currently, Whitman is the managing partner for the Detroit office. Whitman specializes in providing proactive international business solutions to corporate and individual clients. Whitman attended Indiana University where he received a BBA in accounting. Whitman resides in the Detroit Office.
Baker Tilly Board of Partners
- Timothy L. Christen, Chairman, CEO
- Chris Anderson, Managing Partner - Assurance
- Ethan Bach, Principal
- Mark Bakko, Partner
- Jeff DeYoung, Office Managing Partner - Minneapolis
- Christien Fenske, Partner
- Jeff Gendreau, Partner and Regional Attest Practice Leader
- Laura Huggett, Partner
- Bryan Majewski, Managing Principal - Consulting
- Jere Shawver, Managing Partner - Risk
- Kelly Toole, Managing Partner - Tax Services
- Thomas J. Walker, Jr., Office Managing Partner - Chicago/Oak Brooke
- Alan Whitman, Office Managing Partner - Detroit
- Brandon Andries, Executive Managing Partner
- Ed Offterdinger, Executive Managing Partner
Barfield, Murphy, Shank & Smith (BMSS) is proud to announce recent employee promotions within their accounting firm.
Promoted to Senior Manager was Stephanie Huovinen, CPA, CVA. Huovinen joined BMSS in 2003 and focuses on providing assurance services across multiple industries, including manufacturing, construction, distribution, retail, and not-for-profit as well as reviewing contractors' licenses and business income tax returns. As a CVA, she provides business valuations in conjunction with the purchase or sale of a business, succession planning, and estate and gift taxes. She is participating in the ASCPA Leadership Academy.
Promoted to Manager were Amy Ewing, Melanie Shores, and Stephen Von Hagel.
Ewing, CPA, has been providing auditing and accounting services to credit unions, manufacturing and construction companies, and non-profits as well as preparing business and personal tax returns, since joining BMSS in 2006.
Shores, CPA, joined BMSS in 2006 and provides federal, state, and local tax compliance and planning and financial statement preparation to individuals, businesses, nonprofits, and credit unions. She is a graduate of the ASCPA Leadership Academy.
Von Hagel, CPA, has seven years of public accounting experience focusing on financial statement preparation and audits, single audits, and internal controls for clients in the construction, manufacturing, distribution, real estate, governmental, and nonprofit industries. He is participating in the ASCPA Leadership Academy.
Additionally, Kate Fluker and Julie Phillips were promoted to Senior Accountant, and Tyler Crawford, Dan Post, AJ VanderWoude, and Graham Travers were promoted to Staff Accountant B.
The CPA and advisory firm of DeLeon & Stang was recently named to the list of top accounting firms by the Washington Business Journal. The accounting firms list was published in the July issue of the Washington Business Journal. The list is comprised of fifty firms from the Washington DC, metropolitan area. In addition, the list is ranked according to the number of professional employees at each firm. DeLeon & Stang tied for forty-fifth on the list with thirty-two professionals.
"Being mentioned with some of the area's most prominent firms is a great honor", says Allen DeLeon, CPA, PFS, partner of DeLeon & Stang. "I am so proud of my team at DeLeon & Stang for maintaining such a high level of client service to keep us on the list for the third year in a row. I am confident we will use this recognition to grow our practice in the next year and beyond."
Dopkins & Company, LLP Certified Public Accountants and Consultants announced that the firm has formed a strategic alliance with Practicefirst Medical Management Solutions, a locally owned, well-respected and high-quality physician practice management company. The alliance between Dopkins & Company and Practicefirst will allow both organizations to concentrate on what each does best, as each continues to service the health care market in western New York.
The Dopkins team will focus on medical and health care consulting and financial compliance services. Practicefirst will provide medical billing, coding, and credentialing services exclusively. Both organizations will work together to identify strategic referral opportunities in areas of each specialization. The ultimate goal of each is to enhance the value of our clients' medical practice.
"We began offering medical billing services in response to client requests", explained Thomas R. Emmerling, managing partner of Dopkins & Company",Now, twenty years later, we are so entrenched in serving the consulting and financial compliance needs of the industry that it made more sense for us to concentrate on those core areas with Tom Maher and Practicefirst tending to the comprehensive billing and coding needs."
"This alliance comes at a pivotal time for Practicefirst", added Tom Maher, President, CEO and owner of Practicefirst",We have doubled in size in the past eight years, and now have the capacity to expand our footprint and maintain our growth goals."
EisnerAmper LLP, an audit, tax, and business advisory firm, announced that Michael (Mike) Aversa has been appointed Partner-in-Charge of the Private Business Services Practice.
"Companies in growth industries, from start-ups to publicly traded firms, confront daily challenges that impact their bottom lines", Aversa says. "They call on us to streamline their traditional accounting and tax processes so they can concentrate on making their companies grow faster and more effectively. In essence, we become their trusted business advisors; and yet, there is so much more to the picture."
Many of the growth companies EisnerAmper works with share a desire to benefit from the competitive advantages inherent in Cloud computing. "Efficiency is critical to these companies", Aversa says",Properly implemented, Cloud computing is about helping companies realize their potential through identifying operating efficiencies, and many savvy companies work with our advisors to help them chart this course", he says.
Aversa, who joined the firm in 1992, has more than thirty years of experience in both private and public sector accounting, along with deep expertise in all aspects of audit, reviews, tax, and business consulting. Prior to joining the firm, Aversa spent nine years with an international accounting firm and served as vice president of finance in a privately held company dealing with closely held entities and the challenges of running and growing a business. He was instrumental in launching EisnerAmper's highly successful Summit for Closely Held Business Owners, Executives, and High Net Worth Individuals.
Elliott Davis, LLC, an accounting, tax, and consulting services firms in the Southeast, has deepened its International Services practice by adding two professionals who will provide enhanced service offerings to the firm's foreign clients with US interests.
Liz Hsu, a manager, and Sophia Qi, a staff associate, will focus on providing services such as tax, assurance, and financial reporting, as well as outsourced controller services to the US-based subsidiaries of foreign owned companies. Both professionals are multilingual, speaking Chinese Mandarin and English. Hsu, a former manager with Ernst & Young, also speaks Spanish. They join a seasoned International Services team led by Shareholder Kay Biscopink.
Last year, Elliott Davis added international tax specialist Lena Cao and former KPMG partner Eric Schmid to its International Services practice. Schmid's twenty years of audit experience combined with Biscopink's twenty years of tax experience anchor a deep, distinctive practice of professionals.
Elliott Davis has been a longtime advocate for the region's continued economic development. In the past six months, firm leaders have accompanied organizations such as the Upstate Alliance, Central South Carolina Alliance and Charlotte Regional Partnership on trips to China, Germany, and Brazil to promote foreign investment in the Carolinas.
Recently, Elliott Davis helped Asia-based business advisory firm Dezan Shira & Associates establish a US presence by co-locating employees at Elliott Davis' Charlotte office. Both firms are members of The Leading Edge Alliance, a worldwide association of independently owned accounting firms. Elliott Davis and Dezan Shira work closely to bring both inbound investment to the Carolinas and outbound US investment to Asia.
Elliott Davis also announced the addition of Justin Wilkes as an assurance senior manager in its Charlotte, North Carolina, office.
A CPA with more than ten years of experience, Wilkes will provide accounting and assurance services to clients in the manufacturing and distribution, transportation, and not-for-profit sectors, focusing on employee benefit plan audits and SEC filings. He formerly worked as a senior manager for a Big Four accounting firm. Throughout his career, Wilkes has served as a subject-matter resource for audits of qualified defined contribution, defined benefit, and health and welfare plans, helping both public and private companies with plans ranging from $10 million to more than $12 billion in net assets.
Wilkes holds a BS in accounting, magna cum laude, from Clemson University, and a Master of Accountancy, Clemson University Fellow, from Clemson University.
The Financial Accounting Standards Board (FASB) announced the appointment of three new members to the Emerging Issues Task Force (EITF). The EITF assists the FASB in improving financial reporting through the timely identification, discussion, and resolution of financial accounting issues.
Members of the EITF are chosen from a cross-section of the FASB's constituents, including public accounting firms, preparers of financial statements, and users of financial statements. EITF members are appointed by the FASB technical director based on their professional expertise. Members are appointed to staggered five-year terms, renewable at the discretion of the EITF chairman.
The new members are:
Terri Z. Campbell, CFA, is a managing director with Liberty Mutual Group Asset Management Inc. and is responsible for the public equity investments of the company. Prior to joining Liberty Mutual, Campbell managed a US large cap core fund for Eastern Investment Advisors, a division of Eastern Bank in Boston. She also has held analyst positions covering information technology stocks at The Boston Company Asset Management and energy stocks at Independence Investment Associates, a subsidiary of John Hancock Life Insurance. She began her EITF term on September 11, 2012.
Jackson Day is the Americas director of accounting standards setting for Ernst & Young LLP. From 1997 to 1999, he was an FASB practice fellow. Day also has been both an acting chief accountant and a deputy chief accountant of the US Securities and Exchange Commission (SEC), as well as Chairman of the International Organization of Securities Commissions' Standing Committee on accounting, auditing, and disclosure. He began his term on the EITF on September 11, 2012.
Larry J. Salva is senior vice president, chief accounting officer, and controller of Comcast Corporation. Prior to joining Comcast in January 2000, Salva was a partner with PricewaterhouseCoopers for over twelve years. He also served as a professional accounting fellow with the SEC's Office of the Chief Accountant. He will begin his term on the EITF on November 1, 2012.
"Terri Campbell, Jackson Day, and Larry Salva each possess a wealth of professional expertise that is critical to our ability to resolve, in a timely fashion, financial reporting challenges faced by practitioners", added FASB Chairman Leslie F. Seidman. "We are confident that the new members will provide valuable contributions to the EITF in fulfilling its role of helping the FASB address accounting practice issues as they arise."
The CPA and strategic advisory firm of Goldin Peiser & Peiser, LLP (GPP) is proud to announce that Jerry Murray, CPA, recently passed the Chartered Global Management Accountant designation.
Murray joined GPP in 2006. As a principal of the firm and attest business leader, he offers more than thirty years of experience to the industries he serves, which include manufacturing and distribution, franchisors, health care, not-for-profit, employee benefit plans, and a variety of others. He attended the University of Texas at Arlington where he received his Bachelor of Business Administration in Accounting.
Chetan Vagholkar has joined KPMG LLP, the US audit, tax, and advisory firm, as a partner in the firm's International Corporate Services (ICS) practice. Based in Houston, he will focus primarily on providing international tax services to clients in the oil and gas industry. He has extensive experience assisting energy companies and multinationals on a range of international tax matters. Prior to joining KPMG, he was a partner at Ernst & Young, where he specialized in serving companies in the energy sector. Vagholkar earned a Bachelor of Commerce in Accounting from the University of Bombay, India, and a Master of Business Administration rom Huron University. He holds a Master of Science in Accounting from the University of New Orleans and is a licensed CPA in Texas.
Martin Griffiths has joined as a partner in its Federal Tax practice. Based in Los Angeles, he will lead efforts to meet the evolving real estate tax needs of the firm's clients on the West Coast. Griffiths has more than twenty-six years of real estate tax experience. Prior to joining KPMG, he served as senior vice president of tax at Irvine Company, where he oversaw the income and property tax group and was responsible for tax planning. Over his distinguished career, he has also served as CFO at Maguire Properties and a partner at both Deloitte and Arthur Andersen. Griffiths earned a Bachelor of Science in Accounting from Loyola Marymount University in Los Angeles.
Market, tax, and political uncertainty have made financial planning critical in the coming months, according to David Morgan, CPA/PFS, and Lattimore Black Morgan & Cain, PC (LBMC) cofounder and managing partner.
The American Institute of CPAs (AICPA) recently surveyed its National CPA Financial Planning Insights Panel of 300 CPAs who hold the Personal Financial Specialist (PFS) credential, which signifies expertise in tax, estate, insurance, retirement, and investment planning, and asked them to rank a list of possible client concerns. The top five were:
- Stock market volatility.
- Tax uncertainty because of the year-end expiration of tax cuts.
- Political uncertainty because of the upcoming elections.
- The low interest rate environment.
- Ramifications of the Eurozone debt challenges.
"These issues have created an undercurrent of uncertainty that adds urgency to financial planning", Morgan said. "Clients are coming to us for help navigating the complexities to ensure they stay on track for retirement, investment, and other goals in the coming months."
For example, several tax cuts are set to expire at the end of the year, and a new 3.8 percent surtax on net investment income is scheduled to take effect for some investors. Preparing for these changes could require action now, such as accelerating ordinary income into 2012 to take advantage of lower tax rates or harvesting investment gains this year.
"A financial plan gives you a strategy for managing these variables", Morgan continued. "No matter where you are in life, a solid plan can put you on a path to achieve your objectives."
LBMC is proud to announce that Andrew Bissonnette, CPA, and LBMC Healthcare Partner in the Accounting and Assurance Practice, has been named to the Nashville Health Care Council 2012-2013 Board of Directors.
Bissonnette has been practicing public accounting for eighteen years and has spent the past thirteen years serving the health care industry. He serves as the client service partner or technical consulting partner on a number of health care engagements, including for profit and not-for-profit hospitals, behavioral hospitals, surgery and imaging centers, continuing care retirement communities, rehabilitation, physician practice management, pharmacy, and home health care companies.
The Nashville Health Care Council, founded in 1995 as an initiative of the Nashville Area Chamber of Commerce, is an association of health care industry leaders working together to further establish Nashville's position as the nation's health care industry capital. The health care industry is Nashville's largest and fastest growing employer, generating more than $70 billion in revenue and over 400,000 jobs globally. For more information on the Council, please visit www.healthcarecouncil.com.
Bissonnette is a graduate of Mississippi State University with a Bachelor of Professional Accountancy and a Master of Professional Accountancy with a tax emphasis.
LBMC has named Thomas Lewis as Partner-in-Charge of Security and Risk Services, one of LBMC's fastest growing service lines. In his new role, Lewis will oversee the growing Security and Risk Services, managing the day-to-day practice needs as well as directing the division's growth strategy.
Lewis has nearly two decades of experience developing security/risk solutions in complex environments for Fortune 500 clients and state and federal government agencies. He has extensive experience working with clients on compliance strategies for FISMA, HIPAA, PCI, GLBA, and the NIST framework. Lewis is also a frequent speaker on information security, and is often asked to share his expert insight with local and national media. Additionally, he is founding president of the Middle Tennessee Information Systems Security Association.
After graduating from David Lipscomb University, Lewis earned his Master of Accountancy with an information systems concentration at the University of Tennessee.
LBMC Strategic Staffing, LLC (LBMC SS), a member of the LBMC (Lattimore Black Morgan & Cain, PC) Family of Companies, is proud to announce it received the highest ranking in the Nashville Business Journal Book of Lists - Top Recruiting Firms.
LBMC SS was the highest-ranked specialized accounting and HR recruitment firm and second in the overall list of recruitment firms. LBMC SS has ranked in the top five (most years in the top three) since its inception in 1998.
"We attribute our success to the consultative approach we employ in our search process and the integrity we bring to each engagement", says Sherrie Whatton, president of LBMC SS. "LBMC has a history of providing quality services to many outstanding businesses in the Middle and East Tennessee regions. We believe our affiliation with Tennessee's largest regional accounting firm, the proven methodology we practice, and the top level of service we deliver are great benefits to the clients we serve."
The local certified public accounting firm of Leone, McDonnell & Roberts, Professional Association, recently announced the addition of Monique Welch and Mark Wesolaski to its professional staff.
Welch serves as a staff accountant. She graduated from the University of New Hampshire in 2012 with a Bachelor of Science in Business Administration with an option in accounting.
Wesolaski joins the firm as a staff accountant. He received his Master of Science in Accounting in 2012 and his Bachelor of Science in Business Administration and Accounting in 2011.
Rubino & McGeehin Charteredannounced that the firm changed its name to Rubino & Company, Chartered effective September 11, 2012. The change will not affect the legal validity of standing contracts or proposals. Rubino & Company, which operated as Rubino & McGeehin for over thirty years, will continue to build on its position as an industry leader in regulatory consulting and financial services for government contractor and non-profit clients.
"The new name represents the final step in a phased process, which began five years ago with the acquisition of Rubino & McGeehin Consulting Group, Inc. by FTI Consulting, Inc.", said Lou Rubino, managing shareholder and cofounder. "Updating the name, logo, and website is part of this progression. While we have a new name, we will continue the commitment to the quality and service that earned us a reputation for excellence."
Wipfli LLP (Wipfli) announced that Jeff Johnson, CPA, a health-care industry veteran with more than twenty years of experience, has been named the managing partner of the firm's Spokane office. In this role, Johnson will be responsible for continuing to build the practice in the Spokane office and helping develop the resources in the market. He will succeed Michael Bell, who is retiring after more than thirty years in the industry.
Johnson joined the firm in 1994 and was admitted to the partnership in 2005. In his most recent role as a health care partner, he has provided consulting, strategic, and financial solutions to hospitals, medical practices, and other health care providers. He holds a bachelor's degree in accounting from Iowa State University.
Wipfli has also announced that John Bartell has joined the firm as a consulting partner focused on growing the revenue cycle consulting practice in the firm's health care industry practice. In his role with Wipfli, Bartell brings more than thirty-three years of clinical, audit, and assurance experience specializing in working with health care entities, which includes more than fourteen years of expertise in Medicare requirements on clinical, financial, and compliance criteria.
Prior to joining Wipfli, Bartell was an owner of Bay Area Healthcare Consulting, a consulting firm, and EBB Coding Solutions, a subsidiary coding company. As a principal with the consulting firm, he provided guidance to health care providers on Medicare compliance, coding, and billing while assisting them with optimizing their revenues.
He holds a BS degree in nursing from the University of Wisconsin.
"Wipfli's health care practice has a strong reputation for high-quality services and knowledge across the country", said Bartell. "I am thrilled to be joining the firm and to co-lead the revenue cycle consulting practice."