The publishers of INSIDE Public Accounting (IPA), the award-winning newsletter for the public accounting profession, announce the release of IPA’s annual financial performance analysis and ranking of the nation’s 400 largest public accounting firms.
IPA’s annual ranking of the 400 largest firms in the U.S. are listed from the multi-billion-dollar Big 4 to firms of roughly $5.5 million in net revenue. The list includes firm headquarters, MP, net revenue, ranking in the previous year and percentage change.
“Our team works hard on a daily basis. Accolades at this level are a direct reflection of our work ethic, dedication to our clients, and passion for what we do,” said Jonyce Bullock, CEO of Squire. “I’m appreciative of our talented team, and have no doubt we will continue to rapidly work our way into the Top 100.”
Placing themselves in the top 200, Squire climbed 22 spots this year to No. 168 up from No. 190 in 2018. Its net revenue came in at $23.8 million. The annual rankings and accompanying analysis paint a comprehensive picture of the state of the profession.
“Watching our firm grow year over year makes it beyond rewarding to be part of the Squire team,” said Shane Edwards, Office Managing Partner of Squire. “Rising more than 20 spots within one year is definitely an accomplishment of which we’re extremely proud.”
Squire is happy to announce we have accepted The Women’s Leadership Institute’s ElevateHER™ Challenge. We are excited to join more than 225 other visionary businesses who are taking the challenge!
The Women’s Leadership Institute (WLI) was founded in 2015 under the direction of CEO Patricia Jones. Its mission is to elevate the stature of women’s leadership in Utah in both business and in politics. WLI began the ElevateHER™ Challenge in May 2015. The Challenge encourages companies and organizations to focus on creating internal change in at least one of six areas:
Increase the percentage of women in senior leadership positions.
Increase the retention rate of women at all levels of your organization.
Increase the number of women on your board of directors.
Monitor pay by gender and close identified gaps.
Establish a leadership development, mentoring and/or sponsorship programs for women.
Recruit women to run for public office.
“There is a new urgency of women’s leadership,” says Patricia Jones, CEO of the Women’s Leadership Institute. “Companies in all industries are seeing the need to attract, hire and promote female employees. Through the ElevateHER Challenge, WLI is now working with more than 225 companies and organizations and offering best practices to successfully implement the ElevateHER Challenge.”
This year, Squire along with 34 more companies and organizations joined the ElevateHER™ Challenge, bringing the total involved to 229.
Squire was recently named one of the 2019 Accounting Today’s Best Accounting Firms to Work for. Accounting Today has partnered with Best Companies Group to identify companies that have excelled in creating quality workplaces for employees.
This survey and awards program are designed to identify, recognize and honor the best employers in the accounting profession, benefiting its economy, workforce and businesses. The list is made up of 100 firms.
To be considered for participation, firms had to fulfill the following eligibility requirements:
Must be an accounting firm.
Have a facility in the United States;
Have a minimum of 15 employees working in the United States;
Must be in business a minimum of 1 year
“Our employees are the reason we have happy clients. Therefore, we strive to create an open, honest, and ever-adapting environment to foster growth and development,” said Jonyce Bullock, CEO of Squire. “The future is bright for us and we are excited to continue practices that better our team in all aspects.”
Firms from across the United States entered the two-part survey process to determine Accounting Today’s Best Accounting Firms to Work for. The first part consisted of evaluating each nominated company’s workplace policies, practices, philosophy, systems and demographics. This part of the process was worth approximately 25% of the total evaluation. The second part consisted of an employee survey to measure the employee experience. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the top firms and the final ranking. Best Companies Group managed the overall registration and survey process, analyzed the data and determined the final ranking.
“The firms on this list represent the best workplaces in the accounting profession,” said Accounting Today Editor-in-Chief Daniel Hood. “They are outstanding places to build a career.”
1st Place Best Customer Service – Professional Services
3rd Best Employer
Squire is grateful to all who voted and are honored to have placed in these prominent categories. Thank you to all our Squire friends in the Utah Valley community, we look forward to our continuing relationship!
“I look forward to working with our new partners in their new capacity,” said Bullock. “They are each experts in their fields and we are lucky to have them at Squire.”
Amanda is a Certified Public Account who joined Squire in 2005 after receiving a Bachelor of Science from Utah Valley University and a Master of Accountancy from the University of Utah. She works primarily in assurance services, specifically in real estate, manufacturing, insurance, HUD-approved programs, and technology and life science. She regularly attends the IASA (Insurance Accounting & Systems Association) local chapter meetings as well as the Utah Valley Chamber of Commerce Women Business Network, VentureCapital.org, Women Tech Council, and Corporate Alliance events. As a member of the UACPA Financial Literacy Committee, she has the opportunity to teach people in the community courses on financial literacy. She is a 2016 AICPA Leadership Academy graduate—an academy that selects only 50 people in the country to attend annually. Amanda leads Squire’s Women Improving Professionally group. She is working with the AICPA Women’s Initiatives Executive Committee (WIEC) to help them create women initiative resources for CPA firms. Squire is one of three CPA firms selected in the nation to go through a women’s initiatives pilot program with WIEC.
Matt Geddes is a member of our assurance services team. He oversees audits of for-profit entities, local governments, and employee benefit plans. Matt volunteered as a lead adopter to the AICPA’s Single Audit and Employee Benefit Plan Audit Certificates and was among the first in the nation to be awarded these certificates which demonstrate his technical expertise in performing single audits in accordance with Uniform Guidance and performing audits of Employee Benefit Plans. Matt is also a member of the Government Finance Officers Association, American Institute of Certified Public Accountants, and the Utah Association of Certified Public Accountants. Before joining Squire in 2008 he earned both a Bachelor of Science and a Master of Accountancy from Utah State University.
Kevin Johnson joined Squire in the Advisory group in 2004 and graduated from Brigham Young University with a master’s in information systems management degree in 2006. Kevin is an expert in Microsoft Dynamics GP, Microsoft Dynamics 365, Microsoft SQL Server and Excel. Since joining Squire, Kevin has helped countless companies through ERP implementations, training and custom integrations. He currently serves on the Business and Marketing Advisory Board for the Alpine School District and is also involved with Silicon Slopes and the Utah Technology Council. Kevin also leads the technology and life sciences group at Squire.
Squire & Company also announced changes in practice area leadership.
Two of Squire’s four practice areas have new leadership. Reuben Cook will assume leadership of the Advisory Practice Area from K. Tim Larsen, and Wayne Barben will assume leadership of the Wealth Management Practice Area from Tim Christensen. We thank both Tim Larsen and Tim Christensen for their practice area leadership and look forward to their continued support of the firm in their regular partner responsibilities.
We are proud to announce that Squire has been named one of Utah Business Magazine’s 2018 Best Companies to Work For!
Per Utah Business Magazine’s selection process: “All of the companies that participated in the program went through a rigorous examination of workplace elements such as benefits and pay, fairness and opportunities, corporate culture, internal communication and employee pride. To be eligible for the program, companies must have at least 25 employees working in Utah.”
Each company must have a certain percentage of their employees respond to an employee satisfaction survey to help Utah Business better determine the winners.
Squire endeavors to be an employer that people can honestly say they love. We encourage strong work/life balance and offer many opportunities to our employees and their families to have fun together. As the cliché goes – work hard, play hard! (If you are wondering – the answer is yes, accountants do know how to have a good time!)
We are grateful to our employees and all that they do for the company. Thank you to all our staff for being part of the Squire family and for making Squire one of Utah’s Best Companies to Work For.
If you are interested in a career with Squire you can check out our open positions as well as get to know our culture and benefits a little better here.
Squire & Company Names Chief Executive Officer and Office Managing Partners
Salt Lake City, Utah, UT:
Squire & Company, PC (Squire) announced today that Jonyce Bullock, formerly titled as Managing Partner, will be leading the firm as Chief Executive Officer (CEO) and will also serve as Office Managing Partner for the Orem office.
In addition, Squire announced that Shane Edwards was appointed as Office Managing Partner for the downtown Salt Lake City office.
Jonyce and Shane will continue to serve on both the Executive Committee and Board of Directors of Squire.
“A renewed focus on providing outstanding client service through industry specialization and the addition of the Salt Lake office to our Squire team have resulted in significant growth and expansion during 2018,” said CEO Jonyce Bullock. “To help us be best prepared to capitalize on the opportunities for each of our offices and meet the expanding needs of our clients, we have realigned our organizational structure and made changes in key leadership positions. We are now properly positioned to continue our growth through 2019 and beyond.”
Squire is a locally-owned, full-service accounting and advisory firm offering audit, tax, transaction support, ERP implementation, wealth management, and outsourced CFO/Controller services. Squire has been in business since 1973 and acquired the Salt Lake City operations in July 2018.
We’re excited to announce that we have merged with the premier Salt Lake City firm Pinnock, Robbins, Posey & Richins P.C. This merger means a lot of great things for our clients, including a second office in Salt Lake City.
Who is Pinnock, Robbins, Posey & Richins P.C.?
Pinnock, Robbins, Posey & Richins P.C. is an independent, certified public accounting firm that started in 1944. Their shareholders are third generation owners, and in their 75 years of serving the Mountain West area their employees have included past presidents of the Utah Association of Certified Public Accountants (UACPA), the Salt Lake Estate Planning Council, and the Financial Planning Association. Their long history of serving the Mountain West has given them a reputation for honesty and integrity.
James R. Beaudoin, managing partner at Pinnock, Robbins, Posey & Richins P.C,
commented that their “long tradition of excellent client service and of providing employees opportunities for growth will be enhanced by combining the resources of these two great firms.” We believe that their company mission is perfectly aligned with Squire’s mission to provide higher perspective and smarter vision.
What does this mean for our clients?
Our merger with Pinnock, Robbins, Posey & Richins P.C. will allow us to offer advanced expertise to our new and existing clients across many sectors, including construction, manufacturing, nonprofit, professional services, and more. With the combined experience of our respective teams, our accounting and advisory services will expand to accommodate even more clients and industries.
Squire will be inheriting five partners and twenty staff from Pinnock, Robbins, Posey & Richins P.C. to have a total of twenty-one partners and 130 staff. This expanded team will bring many years of knowledge and insight to Squire and will contribute to our long-standing legacy of serving our clients faithfully in the Mountain West.
“With such a strong cultural fit between our two organizations, we believe we will be better together,” said Jonyce Bullock, managing partner at Squire. “Because we share important characteristics like a 100 percent commitment to quality and partnership with our clients, we believe there is deep synergy in our vision for the future.”
The office of Pinnock, Robbins, Posey & Richins P.C. in downtown Salt Lake City will now be a resource for our clients along with our longstanding Utah County office in Orem. You can visit with us at our office in Orem or visit us in our new office in Salt Lake City.
1329 South 800 East
Orem, Utah 84097
Salt Lake City Location:
215 South State Street, Suite 850
Salt Lake City, UT 84111
We’ve been investing in the futures of our clients for over 45 years. With our merger with Pinnock, Robbins, Posey & Richins P.C., we’re ready to invest even more and continue delivering quality services.
As your business grows, your accounting software needs are likely to change. What used to work brilliantly on its own may now require using multiple apps that you have to figure out how to use and then integrate with your current accounting system. It can be difficult to decide whether or not you need to make a shift to a new accounting system.
Many larger businesses that do take the leap to a new accounting software decide to switch to NetSuite. NetSuite is an ERP that allows you to work in multiple modules in the cloud. It’s generally recommended for mid-size businesses to large businesses with a minimum of 50 employees. If your company file is starting to get too large to run properly and you find yourself getting frustrated with the number of outside apps you need to connect with your current system, NetSuite might provide the solution you are looking for.
Advantages of NetSuite
NetSuite handles all of the hardware, software, upgrades, and security. You can easily access it from any browser using your login regardless of electronic device.
NetSuite allows you to customize your software package to meet your needs by choosing the specific products you would like to add such as CRM, HR, compliance, project management, warehouse management, and much more. While you can integrate some outside apps with NetSuite, you may find that they already have a ready-to-go addition to meet your needs.
NetSuite grows with you. In addition to customizations, you can also expand your company across countries, languages, currencies, and subsidiaries without having to set up their own company files from scratch.
NetSuite encourages collaboration regardless of location and language. It allows you to assign tasks, use approval processes, and automate accounting steps.
Disadvantages of NetSuite
NetSuite does cost significantly more than other alternatives such as QuickBooks Enterprise and Microsoft Dynamics. The cost for implementation on its own can run into the tens of thousands of dollars. After that, they have a subscription model.
NetSuite does not have an easy to access way to have questions answered through Google search engines or YouTube videos like QuickBooks does. Usually you will need to contact either NetSuite’s customer service or a firm like Squire to address issues.
NetSuite Pricing can get confusing depending on the number of add-ons, which is why they request you speak with them about a quote instead of listing the prices directly on their website.
If you are interested in learning more about NetSuite, please contact us. We have a NetSuite team ready to answer your questions and assist with implementation if you feel it is the right solution for you.
Larry H. Miller Megaplex Theaters at Thanksgiving Point
2935 North Thanksgiving Way, Lehi, Utah
Free to Squire Clients
Please join Squire for an evening of John O’Leary, a #1 National Bestselling Author & Speaker.
Expected to die. Now teaching others how to truly live.
In 1987, John O’Leary was a curious nine-year-old boy. Playing with fire and gasoline, John created a massive explosion in his home and was burned on 100% of his body. He was given 1% chance to live.
This epic story of survival was first showcased in his parents’ book, Overwhelming Odds, in 2006. Originally printing 200 copies for friends and family, his parents have sold 60,000+ copies, most in back-of-room sales at John’s speaking events. It was this book that first invited John to embrace his miraculous recovery and share it with the world.
John inspires 50,000+ people at 100+ events each year. He speaks to companies and organizations across industries, such as: sales, healthcare, business, safety, marketing, financial services, faith, education and insurance.
Consistently described as “the best speaker we’ve ever had,” John receives nearly 100% of his engagements from referrals. His schedule is a testament to the power of his message and who he is as an individual. His emotional story-telling, unexpected humor and authenticity make each of his presentations truly transformational.
John’s first book ON FIRE: The 7 Choices to Ignite a Radically Inspired Life was an instant #1 National Bestseller; 100,000+ copies have sold and it has been translated into 12 languages. John’s Live Inspired Podcast is a top 20 for business on iTunes & Inc. Magazine. His online community is 200,000 strong.
John considers his greatest success to be his marriage to his wife Beth, their four children and his relationships with friends and family