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Thursday, May 21, 2015 Live

Mergers and Acquisitions Conference (E1505320)

8:15 AM - 4:35 PM EDT

Registration: 7:45 AM EDT

NJCPA Education Center

425 Eagle Rock Avenue,
Roseland , NJ 07068

8 CPE Credits in SK

OVERVIEW

The number of partners reaching retirement age in the next five years will put a tremendous strain on even the best succession plans. Attend this conference and gain insight into how to maximize the success and manage the risks involved in a firm merger or acquisition.

HIGHLIGHTS

Agenda

May 21, 2015

7:45-8:15am
Registration and Continental Breakfast

8:15-8:30am
Welcome & Opening Remarks

Joseph A. Tarasco, CPA - Accountants Advisory Group LLC

8:30-10:10am
CPA Firm Consolidation: Now and in the Future

Joseph A. Tarasco, CPA - Accountants Advisory Group LLC

During this session, explore the mergers and acquisitions (M&A) marketplace and gain insight into the latest transactions, trends and predictions. Learn how M&A is impacting CPA firm strategy, both in the tri-state area and nationally. Discover how M&A is transforming the CPA firm marketplace and increasing the competition for quality clients and staff.

10:10-10:20am
Morning Break

10:20am-12:00pm
Navigating Success and Avoiding Pitfalls

Kevin J. Keane, CPA and Christopher D. Peterman, CPA - O'Connor Davies
Often, key stakeholders focus on the financial aspects of merging a firm. Less attention has been given to the human element of a merger. Yet, a large percentage of failed acquisitions are the result of the mismanagement of cultural issues. Listen as your peers shares their lessons learned from the trenches.

12:00-1:00pm
Lunch

1:00-2:15pm
Managing Risk
John F. Raspante, CPA, M.S.T., CDFA - North American Professional Liability Insurance Agency, LLC
For firms considering mergers or acquisitions, due diligence is an essential aspect of the evaluation process. This session is designed to illustrate the types of liability exposures inherent in M&A transactions of accounting practices. A review of financial statement restatement rules, conflicts of interest, and tail insurance issues will be explored. In addition, practical tips for successful M&A risk management will be discussed.

2:15-3:30pm
Due Dilligence and Post-Merger Transition Planning

William R. Hagaman, CPA - WithumSmith+Brown
The hardest work in a merger or acquisition often occurs after the deal points have been agreed upon. Due diligence and transition planning will make the difference in whether a transaction is successful or doomed to failure. Integrating the dynamics among different people, cultures and firms creates stress and conflict. If these issues are not properly dealt with, turnover of key people, poor job performance and low morale may occur. During this session, learn how management can successfully lead their company through the due diligence and transition phase.

3:30-3:45pm
Refreshment and Networking Break

3:45-4:35pm
Roundtable Discussion
Facilitated by Joseph A. Tarasco, CPA
If you are considering a merger in the next five years, then you will be interested in hearing from our panelists. The panel of partners who have combined their firms will speak about their experiences and advice and answer your questions.

COURSE LEVEL

Basic

INSTRUCTORS

William Hagaman

William R. Hagaman, CPA

WithumSmith+Brown

Bill Hagaman is the Managing Partner and Chief Executive Officer of WithumSmith+Brown, PC, and has been a member of the firm’s management for over 20 years. He is a licensed certified public accountant in the states of New Jersey, New York and Florida, as well as a Chartered Global Management Accountant (CGMA), specializing in merger and acquisition services and international business. With over 30 years of professional experience, he serves local, national and global clients in a variety of industries including bio-medical and pharmaceutical.

A graduate of Richard Stockton College of New Jersey with a bachelor’s degree in accounting, Mr. Hagaman joined WS+B in 1980. He is a member of the American Institute of Certified Public Accountants (AICPA) and the New Jersey Society of Certified Public Accountants (NJSCPA). He has also demonstrated a leadership role in expanding the firm’s global capabilities, serving as a current executive committee member of HLB International’s U.S. organization and as the former chairman of Nexia International USA – both of which are worldwide networks of independent accounting firms and business advisors.

Mr. Hagaman’s professional and philanthropic involvement at both the local and state levels is exemplary. He is currently a member of the Board of Trustees of the Francis E. Parker Memorial Home; Treasurer of the Hyacinth AIDS Foundation; and a member of the Board of the NJ State Chamber of Commerce. He is current Chairman and former Treasurer of the New Brunswick Cultural Center, Inc., and former Chairman of the George Street Playhouse. He is also an executive committee member of HLB International. In 2010, he received the Thomas H. Kean Arts Advocacy Award, honoring him for his dedication to the arts. Past roles include vice president of Ocean Day School, Inc. and membership with the Kiwanis Rotary and the Jaycees. In 2002, he was appointed to serve on the BEST Commission (Budget Efficiency Savings Team) for the state of New Jersey. A longtime treasurer and former chairman of the Middlesex County Regional Chamber of Commerce, Mr. Hagaman was honored by the MCRCC as a “2002 Community Leader of Distinction.” He has also coached his children’s little league, basketball and in-line hockey teams.

Mr. Hagaman has been interviewed on Executive Leaders Radio regarding topics of leadership, and has appeared on the News 12 New Jersey television show, “New Jersey Business,” discussing topics related to managing a business in today’s economy. He is frequently quoted in accounting and business publications, and has authored many articles over the years on topics ranging from fixed asset management to mergers and acquisitions to leadership within the profession.

Kevin Keane

Kevin J. Keane

Managing Partner

PKF O'Connor Davies, LLP

Kevin J. Keane serves as the firm’s Managing Partner and a member of the Executive Committee. He has led the firm in expanding its capabilities in order to serve a growing clientele with the exceptional expertise and service that also propel it to stand apart from its peers. Over the last 10 years, Mr. Keane has pioneered the firm’s growth and quadrupled the organization’s revenues. Honored as “Best Managing Partner” in 2014 by the Westchester Business Journal, he observed, “We are proud of the culture we have built where teamwork, collaboration and collegiality are just as valued as skill and expertise.”

With more than 30 years’ experience, Mr. Keane is recognized for delivering exceptional accounting and business advisory services to family-owned companies in the manufacturing, distribution, real estate and construction industries. His insights are key to addressing the specific issues his clients face in light of continuing industry shifts and economic volatility.

Mr. Keane drives the delivery of superior client service on an enterprise-wide basis while overseeing strategic growth initiatives. To this end, he is vigilant in engaging top-flight talent to provide professional, managerial, information technology, marketing and staff support. He leads the firm in deepening its specialty practice areas through numerous acquisitions and the recent launch of a Risk Advisory Group. Its noteworthy expansion into the Washington, D.C. area reflects O’Connor Davies’ long-standing dedication to affordable housing, evidenced by the expert advisory services it offers on low-income housing tax credit partnerships, housing and urban development-assisted properties and other government-subsidized and supported housing entities.

Mr. Keane’s commitment to the local and regional community is equally profound. He is an active participant on boards and finance committees for many area non-profit organizations and clubs including Archbishop Stepinac High School, the Westchester Community College Foundation, the John A. Coleman School of the Elizabeth Seton Pediatric Center, Lititz Watch Technicum and the Irish Arts Center. He is a director and founder of The Westchester Bank.

Christopher Petermann

Christopher D. Petermann, CPA

Partner

PKF O'Connor Davies, LLP

Christopher D. Petermann is a Partner of the Firm and serves as Co-Partner-in-Charge for the Private Foundation Practice. He has over 30 years of specialized experience in accounting for exempt organizations and private foundations, as well as closely-held businesses and financial services entities. Mr. Petermann also holds a number of professional committee and community board positions. A regular speaker on accounting, tax and governance matters, he also contributes informational pieces to the firm’s monthly bulletins and has authored numerous articles for industry publications.

John Raspante

John F. Raspante, CPA, MST, CDFA

Director of Risk Management

McGowanPRO

John oversees the industry specific expertise and risk management for McGowanPRO’s accounting and financial clients. Mr. Raspante is the former Director of Compliance and Risk Management as well as the Director of Education for Graf Repetti & Co. LLP, Certified Public Accountants & Business Advisors. Prior to joining Graf Repetti, Mr. Raspante worked nine years for CAMICO Mutual Insurance Company, a provider of accountants’ professional liability insurance. Mr. Raspante’s primary responsibility at CAMICO was providing loss prevention services to the organization’s largest insured’s. Mr. Raspante is a frequent speaker within the accounting profession on issues relating to risk management and professional ethics. He presents regularly at different conferences for accounting firm associations and CPA State Societies. He is a published author and contributor for accounting firm periodicals such as Journal of Accountancy and Accounting Today.

Joseph Tarasco

Joseph A. Tarasco, CPA

CEO and Senior Consultant

Accountants Advisory Group, LLC

Joe founded the Accountants Advisory Group, LLC to assist the leaders of public accounting firms in structuring and managing their practices to increase profitability, maximize value and achieve long-term success. He advises CPA firms on how to achieve higher levels of competitiveness, profitability and longevity. Joe is experienced in all areas of firm practice management, including succession planning, firm governance, mergers and acquisitions, partner compensation structure, selection of new partners, practice development and career development for partners and staff. When facilitating partner retreats, he draws on his extensive experience to provide partners and practice leaders with effective and innovative strategies to enhance the value of their practices. He began his accounting career with a Big 4 firm and his experience includes 15 years as the managing partner and executive committee member of a 125-person CPA firm based in New York City.

PRICING

E-Materials: Save $20 and download your own materials.

    $239.00 - Member

    $339.00 - Nonmember

Manual: You will receive a printed manual with this registration option.

    $259.00 - Member

    $359.00 - Nonmember

Event Cancelled

This event has been cancelled.

ADDITIONAL OPTIONS

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