David J. Nichols is a CPA with over 25 years of experience in accounting, taxation, and management advisory services. He has expertise in financial statements, tax filings, cash flow management, and strategic planning. Nichols has worked with a diverse range of industries and provides services such as accounting, auditing, tax preparation and representation before government agencies.

1. DAVID J. NICHOLS, CPA
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(516) 459-5561
dnicholscpa@gmail.com
http://www.cfosas.com/index.php
SUMMARY
 Over 25 years experience in all areas of accounting and taxation
 Handle all accounting and tax matters, including Financial Statements, Fixed Assets, Financing,
General Ledgers, Payroll, Business tax, Franchise and Multi-State Income taxes
 Cash Flow Management and Strategic Planning
 Management Advisory services
 Representation of clients before Federal and State agencies
 Well organized, logical thinking decision-maker with an analytical, detailed approach to research
and problem solving
 A strategic visionary with excellent hands-on technical skills, good judgment, creative thinker and
has the ability to navigate through complex financial situations
 With substantial exposure to diverse industries including but not limited to retail, wholesale,
manufacturing, franchises, restaurants, apparel, legal, medical, entertainment, real estate
developers, hedge fund investors and entrepreneurs
 A member of Professional Organizations like The American Institute of Certified Public
Accountants(AICPA) and the New York State Society of Certified Public Accountants(NYSSCPA)
HIGHLIGHTS
 Operated as a Chief Financial Officer (CFO) of a two hundred million dollar ($200M) franchise
group with over thirty (30) locations in the New York metropolitan area and beyond.
 Negotiated Tax settlements in excess of one million ($1M) for clients
 Worked closely with commercial banks to obtain financing in excess of five million dollars ($5M)
for clients
PROFESSIONAL EXPERIENCE
Owner and managing member May 2007 – present
CFO Strategic Advisory Services, CPA, PLLC http://www.cfosas.com/index.php
 Prepares quarterly and annual combined Financial Statements including all disclosures and
backup schedules for over 30 franchise entities.
 Advises Corporate clients in Company activities surrounding acquisitions and/or dispositions
involving but not limited to franchises, leases and loans.
 Handles Capital Equity accounts of clients
 Communicates with Tax Authorities to resolve issues. Also coordinates with appropriate Legal
counsel regarding financial and corporate governance compliance and risk assessment matters.
 Prepares and reviews an average of 150 annual Federal, State and Local Income Tax Returns for
both high net worth individuals and businesses.
 Prepares over 30 monthly Sales and Use Tax Returns
 Closes Accounting books and prepares monthly and quarterly Adjusting Journal Entries, Financial
Statements, reconciliations, reports and accompanying schedules, worksheets
and narratives.

2. David J. Nichols, CPA Page 2
 Analyzes business performance, costs and revenues to project future trends. Interprets operating
results as they affect the economic well-being of the organization.
 Implements financial plans and recommends ways to boost profits, improve operations and
reduce costs. Develops appropriate strategies for clients, strengthens internal control systems and
upgrades Accounting policies and procedures.
 Automates Accounting Systems for clients to make their Businesses dynamic, highly responsive,
efficient and profitable.
 Creates short and long-range budgets and forecasts of Operations and manages Cash flow
investment risk and yields. Also reviews budgets against actual to ensure accuracy.
 Educates Management on strategies for minimizing tax liability
 Provides prudent financial input and leadership on decision-making especially on critical issues
affecting the welfare of the Company.
 Collaborates with clients' lenders and legal counsel
 Trains clients’ family office and internal Accounting staff on Journal Entries and Account
Reconciliations
Director, Farkouh, Furman & Faccio http://fffcpas.com/ Nov 2006 – May 2007
 Reviewed Tax Returns prepared by Accounting staff
 Managed Accounting professionals
 Performed Tax Research and reported findings directly to the Chief Financial Officer (CFO) of
Fortune 500 company.
 Handled incoming high net worth clients as well as existing clients with large real estate
portfolios.
Partner, Turman & Eimer, LLP http://www.taxmavens.com/ Aug 1990 – Nov 2006
 Served as a primary contact for principals of corporations on a daily basis, consulting them on
virtually every area of their business.
 Produced tax returns for individuals, corporations, partnerships, fiduciary and nonprofit
organizations. Prepared, reviewed and managed the completion of over a hundred (100+) entity
returns and over two hundred (200+) personal returns annually.
 Performed tax planning and projections for individuals and businesses
 Handled numerous Federal and State income, franchise and sales tax audits
 Implemented computerized systems for clients
 Thoroughly reviewed the work of clients’ accounting and bookkeeping staff
 Assessed the effectiveness and efficiency of clients’ systems of internal control and operating
procedures.
 Planned and performed audits and reviews
 Compiled and verified accuracy and completeness of financial statements. Also performed
detailed analytical evaluation of financial statements procedures.
 Worked on all aspects of Accounting for business clients on a monthly basis including books or
original entry, general ledger, adjusting journal entries and monthly financial statements.
 Prepared monthly payroll and sales tax
 Researched various federal and state issues related to corporations, partnerships and individuals.
 Corresponded with federal, state and local tax authorities
 Demonstrated expertise in Accounting software packages like Pro-fx, Lacerte, Quickbooks, Excel,
BNA and ATB.
 Worked on various industries such as wholesale, retail, brokerage, real estate, medical,
manufacturing and non-profit organizations.

3. David J. Nichols, CPA Page 3
Staff Accountant, Hoff & Metkiff, LLP Jun 1988 – Aug 1990
 Assisted in audits
 Compiled and reviewed Financial statements
 Prepared individual, corporate, partnership and fiduciary tax returns
 Developed customized spreadsheets for clients
EDUCATION
 Bachelor's Degree in Business Accounting (Public Accounting), 1988
Hofstra University, http://www.hofstra.edu/
 Certified Public Accountant, 1993 – NY & CA
AFFILIATIONS
 American Institute of Certified Public Accountants(AICPA)
 New York State Society of Certified Public Accountants(NYSSCPA)
COMPUTER SKILLS
Excellent knowledge of various Accounting and Auditing software
 CCH Axcess, Engagement, and ProSystem fx Tax Suite
 Lacerte Intuit ProSeries
 Checkpoint PPC Tax & Accounting
 BNA Tax Planner
 Windows
 Microsoft Excel
 Microsoft Word
 QuickBooks Pro
 Turbo Tax
 Peachtree
 Internet browsers - Internet Explorer, Google Chrome, Firefox, Safari