CFOs Say Innovation Is Important Yet Believe They’re Falling Short
Almost 90 percent of financial executives agree that innovation is more important to their companies now than five years ago, yet only 16 percent believe their companies are “highly successful” at achieving innovation. These findings are according to a recent survey from CFO Research , in collaboration with nationally recognized CPA and advisory firm Cherry Bekaert LLP (“the Firm”), of more than 160 financial executives and CFOs from middle-market companies in the technology, health, and industrial/manufacturing industries. The national survey also brings to light the critical role CFOs play in the process of innovation. About half of respondents believe the CEO or business owner is. Read More.
Cherry Bekaert Adds Depth to Growing Real Estate Practice in Atlanta
Cherry Bekaert LLP (“the Firm”), a nationally recognized, growth-oriented CPA firm, today announced the addition of two new Partners, Wesley P. Hudson and Catherine L. Bazley , to its Real Estate & Construction industry group in Atlanta, Georgia. Hudson has over 20 years of experience and knowledge in the commercial real estate industry, including real estate tax credit transactions, pre-acquisition due diligence, purchase price allocation, tax mitigation structuring, real estate consulting and financial statement audits. He has worked closely with real estate holding companies, developers, contractors and private equity funds, advising on real estate transactions ranging from $25 million to $4 billion. His technical ability encompasses a broad range of expertise, from. Read More.
Gus Perez Offers Guidance on Adding New Service Lines
In the September/October 2016 issue of Florida CPA Today , Cherry Bekaert’s (“the Firm”) Gustavo “Gus” Perez shares his thoughts on why firms should implement new service lines to stand out from the competition and attract prospective clients. The Firm’s National Leader of Valuation Services centers his discussion on ways to expand services offered, as well as references the challenges firms may face in becoming a market leader. Perez notes that when identifying and implementing new service lines, firms should have an understanding of their identity and clients’ needs. He recommends that any new service line should complement a firm’s existing service lines and industry expertise. In. Read More.
Cherry Bekaert Named one of Atlanta’s Best Places to Work
Distinguished as the only accounting firm in the Large Companies category, Cherry Bekaert (the “Firm”) was recognized by Atlanta Business Chronicle as one of Atlanta’s 2016 Best Places to Work. For each of the past 13 years, Atlanta Business Chronicle has teamed with Quantum Workplace to highlight the most successful employers in the metro Atlanta area. Employees at nominated companies are surveyed about their workplaces, and Quantum ranks the top 100 employers based on overall survey scores. The top 100 are also separated into four categories: Extra Large Companies, Large Companies, Medium Companies, and Small Companies. Winners of this year’s list were honored. Read More.
2016 North Carolina Fast 40 Winners Announced
Cherry Bekaert LLP (“the Firm”) congratulates the companies selected to the 2016 North Carolina Mid-Market Fast 40 list. Created by the Firm and Business North Carolina magazine, the sixth-annual edition recognizes the economic contributions of North Carolina’s top 40 middle-market companies. Selected companies were ranked based on revenue and employment growth, and honored during a luncheon Tuesday at the Pinehurst Resort in Pinehurst, N.C. The top five companies on this year’s list are as follows: ARCA N2 Publishing Omega Construction Southside Constructors, Inc. CCS Construction Staffing The complete list of winners and photos from the luncheon are available on the Business North Carolina website.
Cherry Bekaert’s New Cloud Solutions Practice to Be Led by Paul Doucet
Cherry Bekaert LLP (“the Firm”), a nationally recognized growth-oriented CPA firm, today announced the launch of its Cloud Solutions practice. The Firm’s Cloud Solutions practice will help companies understand and migrate to the Cloud in three main business areas: Enterprise Resource Planning (“ERP”), Customer Relationship Management (CRM) and E-Commerce. Heading this new practice area is Paul Doucet , the Firm’s first National Managing Director of Cloud Solutions. This strategic growth initiative is part of THInc , Cherry Bekaert’s practice area focused specifically on innovation in the technology, health and life sciences, and industrial sectors. The Firm’s Cloud Solutions practice will help clients implement companywide processes. Read More.
Melisa Galasso Appointed to AICPA Volunteer Committee
Cherry Bekaert LLP (“the Firm”) congratulates Audit Senior Manager Melisa Galasso on her appointment to the American Institute of Certified Public Accountants’ (“AICPA”) Private Companies Practice Section Technical Issues Committee (“the Committee”) for the 2016-2017 volunteer service year. Galasso will be part of a volunteer committee dedicated to representing the opinions of local firms and their clients during the standard-setting process. The Committee submits recommendations to standard setters on behalf of small and medium-sized firms. In addition, the Committee keeps firms updated on the latest technical standards, which has become a significant challenge among small firms. The Committee also works closely with standard-setting boards such as the Financial Accounting. Read More.
Chris Rux Discusses Cherry Bekaert’s Innovation Fund
In an August 31 article for Tampa Bay Business Journal, Cherry Bekaert’s Chris Rux promoted the launch of Cherry Bekaert’s Innovation Fund . The article, “Tampa Accounting Firm Pays Up for Outside-the-Box Ideas,” highlights how the fund is designed to generate ideas and provide solutions for the benefit of the Firm’s clients. The concept behind the Innovation Fund originated from the leadership group of Cherry Bekaert’s THInc practice, for which Rux serves as the leader for central Florida. The goal of Cherry Bekaert’s Innovation fund is to encourage associates to present ideas that are original and outside the box. In the article, he is quoted as saying, “We as a. Read More.
Victor Miesel Discusses Transfer Pricing Challenges
Cherry Bekaert’s (“the Firm”) Victor Miesel is a featured contributor in the latest California CPA magazine by the California Society of Certified Public Accountants (“CalCPA”). In the article, “The Accountant’s Challenge,” Miesel and co-author Daniel Morris discuss how transfer pricing has become one of the top three issues facing corporate tax risk management. In addition, Miesel and Morris examine the issues CPAs and management face to establish internal transfer pricing policies that encourage sensible resource allocation decisions and reduce audit risks, while concurrently providing managers valuable measures of performance and profit incentives. Miesel is the Firm’s Chief Economist and National Leader of. Read More.
Cherry Bekaert Launches “Innovation Fund” to Promote Idea Generation Throughout Firm
Cherry Bekaert LLP (the “Firm”), a nationally recognized CPA firm, has launched an “Innovation Fund” to encourage the creation of innovative solutions that will focus on developing ideas to enhance our clients’ experiences, drive efficiencies, and create valuable solutions for our clients. The goal of this initiative is to inspire and capture the power of the creativity and thinking of all associates across the Firm by creating a process through which the best of those ideas become reality. This initiative will not only recognize and harness the collective talent within Cherry Bekaert, but will also offer greater value and solutions. Read More.