Sky’s The Limit Local Accounting Firms Branching Out
San Fernando Valley Business Journal
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Monday, September 27, 2010
Team:
Green Convergence President Donald Schramm, left,
Ken Raleigh of Hedman Partners and
Green Convergence CEO Mark Figearo at a solar project.
Technology
Expanding beyond traditional audit and tax services continues to be a way for both large regional accounting firms and small and medium sized firms, to increase revenues in a changing and challenging environment.
As technology becomes increasingly pervasive in the accounting practice, there is also a growing trend toward specialization in Information Technology consultative fields, said Bob Green, a partner in SingerLewak’s Risk Management Services Practice.
Green is among the growing number of accountants who holds a CITP (Certified Information Technology Professional) credential from the American Institute of Certified Public Accountants which distinguishes him as a CPA who bridges the gap between technology and accounting.
Green said SingerLewak is unique in that within the risk management services practice, they not only know about the controls and compliance side of technology they are also experts on the actual practice of technology, meaning they can implement or design accounting software for a client.
Not a lot of firms are doing both,
he said. In fact, most firms rely on an external expert for their IT audit functions however, SingerLewak and others are growing and profiting as a result of having these specialized services in-house.
