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Why Work In Midsized
Public Firms?
John Bly
CPA, CVA, CM&AA, CGMA
www.LBAHS.com
WHO AM I?
www.LBAHS.com
JOHN BLY
CPA, CVA, CM&AA, CGMA
Series 7 & 66 Licenses
Bryant University: 2001, BSBA Acct & CIS
University of Denver: 2002, MST
Price Waterhouse Cooper: 2002-2005
LBA Haynes Strand, PLLC: Founder & Co-Managing Partner
M&A Experience: Speaker & Author of “Cracking the Code”
LBA HAYNES STRAND, PLLC
Focused on $1-50M Entrepreneurial Businesses & Their Financial Needs
www.LBAHS.com
• Services
– Tax: Individual, Business, Estate
– Audit: Non-Public Companies
– Internal Audit
– Outsourced Accounting
– M&A
– Business Valuations
– Investment Banking
– Wealth Management
• Size
– 72 employees
• Locations
– Matthews, NC
– Mount Airy, NC
– Greensboro, NC
CPA FIRMS IN THE U.S.
www.LBAHS.com
• 44,000 in the United States
• 33,000 are sole practitioners
• Less than 500 have more than 60 employees
LIFE OF A MIDSIZED PARTNER
www.LBAHS.com
• Client-focused
• Decision-making Authority
• Entrepreneurial
• Business Development
• Compensation Range $250-550K
• Life/Work Balance Freedom
FLEXIBILITY
www.LBAHS.com
• Freedom
• Don’t have to move family
A lot of firms expect you to
move in order to work your
way up.
• No extensive travel
RELATIONSHIP W/ THE CLIENT
www.LBAHS.com
• Develop a real friendship
Trust, Loyalty, Referrals
• See the actual effects on the business
Growth
• Contact at early stage of career
Marketing & Business Development
www.LBAHS.com
• Gain a better grasp on how small
businesses run
• Opportunity to build from the ground up
SYSTEMS & PROCESSES
www.LBAHS.com
• Input
• Feedback
• Development
DEVELOP YOUR SKILLS
www.LBAHS.com
• Wider range of tasks available
• Work on Audit, Tax, & Accounting
• Bigger firms want you to stick to your expertise or
specific skill path
• Encouraged to work/see different fields
• Partner Contact
ACCESS
www.LBAHS.com
• Access to key decision makers at the firm
level
– Partners
– Managers
– Directors
Significantly Entrepreneurial
www.LBAHS.com

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Why Work in Midsized Public Accounting Firms

  • 1. Why Work In Midsized Public Firms? John Bly CPA, CVA, CM&AA, CGMA www.LBAHS.com
  • 2. WHO AM I? www.LBAHS.com JOHN BLY CPA, CVA, CM&AA, CGMA Series 7 & 66 Licenses Bryant University: 2001, BSBA Acct & CIS University of Denver: 2002, MST Price Waterhouse Cooper: 2002-2005 LBA Haynes Strand, PLLC: Founder & Co-Managing Partner M&A Experience: Speaker & Author of “Cracking the Code”
  • 3. LBA HAYNES STRAND, PLLC Focused on $1-50M Entrepreneurial Businesses & Their Financial Needs www.LBAHS.com • Services – Tax: Individual, Business, Estate – Audit: Non-Public Companies – Internal Audit – Outsourced Accounting – M&A – Business Valuations – Investment Banking – Wealth Management • Size – 72 employees • Locations – Matthews, NC – Mount Airy, NC – Greensboro, NC
  • 4. CPA FIRMS IN THE U.S. www.LBAHS.com • 44,000 in the United States • 33,000 are sole practitioners • Less than 500 have more than 60 employees
  • 5. LIFE OF A MIDSIZED PARTNER www.LBAHS.com • Client-focused • Decision-making Authority • Entrepreneurial • Business Development • Compensation Range $250-550K • Life/Work Balance Freedom
  • 6. FLEXIBILITY www.LBAHS.com • Freedom • Don’t have to move family A lot of firms expect you to move in order to work your way up. • No extensive travel
  • 7. RELATIONSHIP W/ THE CLIENT www.LBAHS.com • Develop a real friendship Trust, Loyalty, Referrals • See the actual effects on the business Growth • Contact at early stage of career
  • 8. Marketing & Business Development www.LBAHS.com • Gain a better grasp on how small businesses run • Opportunity to build from the ground up
  • 9. SYSTEMS & PROCESSES www.LBAHS.com • Input • Feedback • Development
  • 10. DEVELOP YOUR SKILLS www.LBAHS.com • Wider range of tasks available • Work on Audit, Tax, & Accounting • Bigger firms want you to stick to your expertise or specific skill path • Encouraged to work/see different fields • Partner Contact
  • 11. ACCESS www.LBAHS.com • Access to key decision makers at the firm level – Partners – Managers – Directors