Teal, Becker and Chiaramonte CPAs, P.C.

Press Releases

For additional information please call 518-456-6663

Two Associates Earn CPA Licenses

Albany, NY – (March 7, 2013) Teal, Becker & Chiaramonte, CPAs, P.C. has announced that associates MC Unger and Ben Giannetti have earned their Certified Public Accounting Licenses (CPA). The announcement was made by the accounting and advisory firm’s Managing Partner Robert H. Kind.

“We are extremely proud of MC and Ben and we applaud their determination and desire to become CPAs,” said Kind. “TBC now has 48 total CPAs on staff.”

Unger, who joined TBC in 2012 after working for a national firm, spends much of her time focusing on corporate and individual tax clients. Giannetti, who joined the firm in 2011 after graduating from the University of Georgia with a degree in business administration, works on both tax and auditing services for a broad range of clientele. Unger received her bachelor’s degree in psychology and a master’s degree in accounting, both from the University at Albany.

TBC offers accounting and auditing, personal and corporate tax, trusts and estates, business advisory, valuation, litigation support services, fraud investigation, forensic accounting and pension services for a diversified clientele in five primary markets: commercial businesses, governmental, employee benefit plans, not-for-profit organizations, and individuals. Commercial clientele includes construction contractors, distributors, manufacturers, professional service firms, automotive dealers, real estate developers, retailers, technology companies and wholesalers among other businesses. For additional information please call Katherine Farrow at 518-456-6663 or email kfarrow@tbccpa.com.

Hanlon Recieves Certified Fraud Examiner Credential

Albany, NY – (February 13, 2013) Teal, Becker & Chiaramonte, CPAs, P.C. has announced that Partner Joseph Hanlon has earned his Certified Fraud Examiner (CFE) credential. The announcement was made by the accounting and advisory firm’s Managing Partner Robert H. Kind. In order to become a CFE, Hanlon has met a stringent set of criteria and passed a rigorous exam administered by the Association of Certified Fraud Examiners (ACFE), the world’s largest anti-fraud organization and leading provider of anti-fraud training and education.

“In today’s economy, it is more important than ever before to help our clients prevent fraud as best we can,” said Kind. “Joe’s commitment to earning the CFE credentials further positions TBC as a firm with the knowledge and experience to better serve our clients in a variety of industries.”

Hanlon, who joined TBC in 1985, successfully met the ACFE’s character, experience and education requirements for the CFE credential, and has demonstrated knowledge in four areas critical to the fight against fraud: Fraudulent Financial Transactions, Fraud Prevention and Deterrence, Legal Elements of Fraud and Fraud Investigation.

CFEs have the ability to: examine data and records to detect and trace fraudulent transactions; interview suspects to obtain information and confessions; write investigation reports; advise clients as to their findings; testify at trial; understand the law as it relates to fraud and fraud investigations; and identify the underlying factors that motivate individuals to commit fraud. CFEs on six continents have investigated more than 1 million suspected cases of civil and criminal fraud.

Over the course of Hanlon’s 28 years at TBC, he has focused on providing accounting, auditing and tax services to a diverse group of area businesses. These include employee benefit plans, not-for-profit organizations, contractors, manufacturers, oil companies, real estate developers, hotels and mortgage brokerage firms. His abilities extend to preparation of individual tax returns as well as providing expert witness testimony. Management advisory services include critiques of internal control functions resulting in corrective action plans. In addition, he has developed an expertise in performing audits of limited partnerships in compliance with HUD guidelines and electronic submission of audits using REAC reporting system. He meets all continuing professional education requirements to perform audits in accordance with Governmental Auditing Standards.

Hanlon participates in the activities of the Southern Saratoga Chamber of Commerce and is a past graduate of the Rensselaer Community Leadership Program. In addition to the ACFE, his professional membership includes the American Institute of Certified Public Accountants.

Teal, Becker & Chiaramonte Adds Five New Accountants to Team

Albany, NY December 7, 2012 – Teal, Becker & Chiaramonte CPAs, P.C. (TBC) announced the addition of five new members of the accounting division. The announcement was made today by TBC Managing Partner Robert H. Kind.

TBC hired five new associates in Andrew Bowen, CPA, Tommy Chen, CPA, WaiFong (Ida) Cheung, CPA, Mark Vena, CPA and Michael Lorusso. Bowen, Chen and Vena, who have all been hired as new senior accountants, previously worked for PriceWaterhouseCoopers. Bowen received both his Bachelor of Science in Accounting and Master of Business Administration from Le Moyne College and has over three years of public accounting experience. Chen is a graduate of the State University of New York at Albany while Vena is a graduate of Siena College.

Cheung joins TBC as a senior accountant and is a 2008 graduate of State University of New York at Albany. She previously worked for Flynn, Walker, Diggin CPAs, P.C. in Saratoga. Lorusso, a 2012 graduate from Siena College, is a full time junior accountant at the firm.

TBC offers accounting and auditing, personal and corporate tax, trusts and estates, business advisory, valuation, forensic accounting and pension services for a diversified clientele in five primary markets: commercial businesses, governmental, employee benefit plans, not-for-profit organizations, and individuals. Commercial clientele includes construction contractors, distributors, manufacturers, professional service firms, real estate developers, retailers, technology companies and wholesalers among other businesses.

For additional information please call Katherine Farrow at 518-456-6663 or email:
kfarrow@tbccpa.com.

Pamela Wickes to Lead Teal, Becker & Chiaramonte’s Forensic Accounting Services

Albany, NY November 5, 2012 – Teal, Becker & Chiaramonte CPAs, P.C. (TBC), a 75 person accounting and advisory firm, announced the continued expansion of its practice through the introduction of Pamela Wickes, an experienced Certified Fraud Examiner, to lead the firm’s Forensic Accounting Services division. The announcement was made today by TBC Managing Partner Robert H. Kind.

“We strongly feel that Pam’s experience and proven track record of success in the forensic accounting services area will be invaluable in our firm’s desire to enhance this division,” Kind said. “Our decision to bring Pam on board and spearhead this division is a direct result to our initiative to expand our business by offering clients a suite of services that are highly sought after in our market.”

The additional services include investigation of financial transactions, fraud prevention and detection, internal control assessments and recommendations, forensic accounting and record analysis, investigation of alleged structuring of cash deposits and unreported income, tracing of assets and cash flows, forensic investigation of factors leading to insolvency, lifestyle analysis for matrimonial matters, economic damage assessment for lost profits, report preparation for internal client use, insurance claims, prosecutors and law enforcement, among other specialties in financial forensics and litigation support services. In the last few months, TBC has expanded through other measures including an acquisition of a small local accounting firm and the admission a new shareholder to its practice.

Wickes graduated with a Bachelor of Science degree in Accounting from the State University of Oswego. She has over 16 years experience in the accounting industry. In addition to obtaining her CPA license, Wickes has earned the designations of Certified Fraud Examiner (CFE), Certified in Financial Forensics (CFF) and Accredited in Business Valuation (ABV). Prior to accepting the position at TBC, she served as a controller in the commercial private industry before working at another public accounting firm for the past 15 years, most recently as a key player in the firm’s valuation, forensic and litigation services division. Wickes has presented continuing education seminars to various audiences and published articles and topics including accounting, financial statements, business valuation, collusion, and fraud prevention and detection.

Wickes currently serves on the Board of the Albany Area Chapter of the Association of Certified Fraud Examiners. She is also a member of the American Institute of Certified Public Accountants, the New York State Society of Certified Public Accountants, and the Capital District Women’s Bar Association, a chapter of the Women’s Bar Association of the State of New York.

For additional information please call Katherine Farrow at 518-456-6663 or email kfarrow@tbccpa.com.

TBC Garners Best Accounting Firms to Work for Award

Albany, NY October 31, 2012 – Teal, Becker & Chiaramonte, CPAs, P.C. (TBC), a 75 person accounting and advisory firm, was recently named as one of the 2012 Best Accounting Firms to Work for. This annual list was created by Accounting Today and Best Companies Group to identify, recognize and honor the best places of employment in the accounting industry. It is TBC’s second straight year garnering this award and last year, TBC ranked 7th in the nation in its size category.

The Best Accounting Firms to Work for list is made up of a total of 100 companies, split into three groups: 47 small-sized companies (15-49 employees), 45 medium-sized companies (50-249 employees) and 8 large-sized companies (more than 250 employees). TBC has been named one of the Best Accounting Firms to Work for in the medium category.

“This award is an honor that reflects our employees’ satisfaction,” said Robert H. Kind, managing partner at TBC. “Our firm values treating associates fairly and creating a culture of trust and honesty that fosters personal and professional growth.”

To be considered for participation, companies had to fulfill the following eligibility requirements:

- Be a for-profit or not-for-profit business
- Be a publicly or privately held business
- Have a facility in the United States
- Have at least 15 employees working in the United States
- Must be in business a minimum of 1 year
- Be an accounting firm

Accounting firms from across the country entered the two-part survey process to determine the Best Accounting Firms to Work for. The first part consisted of evaluating each nominated firm’s workplace policies, practices, philosophy, systems and demographics. The second part consisted of an employee survey to measure the employee experience. The combined scores determined the top firms and the final ranking. Best Companies Group managed the overall registration, survey and analysis process and determined the final rankings.

The ranking of the 5th annual Best Accounting Firms to Work for will be unveiled at an awards ceremony sponsored by ADP during Accounting Today’s 2nd Annual Growth & Profitability Summit on October 28th – October 30th at the Boca Raton Resort & Club in Boca Raton, Florida. The list-making firms will also be published in the December issue of Accounting Today.

TBC offers accounting and auditing, personal and corporate tax, trusts and estates, business advisory, valuation and pension services for a diversified clientele in five primary markets: commercial businesses, governmental, employee benefit plans, not-for-profit organizations, and individuals. Commercial clientele includes construction contractors, distributors, manufacturers, professional service firms, real estate developers, retailers, technology companies and wholesalers among other businesses.

Dembo, Freedman & Shutt, CPAs, P.C. Joins Teal, Becker & Chiaramonte

October 17, 2012 – Robert H. Kind, CPA, Managing Partner of Teal, Becker & Chiaramonte CPAs, P.C. (TBC) has announced that Albany-based accounting firm Dembo, Freedman & Shutt, CPAs, P.C. has joined TBC effective October 1, 2012.

Kind advises “This continues TBC’s strategy of growing organically and through acquisitions.” It is the firm’s ninth acquisition since it was founded in 1971. TBC will benefit with additional clients, particularly family owned businesses and individuals.

Dembo, Freedman & Shutt, founded in 1981, operated under two shareholding partners in Donald E. Shutt, CPA and George N. Cefferillo, Jr., CPA. Shutt has over 51 years experience in the industry and is a founding partner of Dembo, Freedman and Shutt. Cefferillo has over 30 years of public accounting experience. Both will join TBC’s team of partners.

“Dembo, Freedman & Shutt has sustained many long-term client relationships throughout its 31 year history,” said Kind. “The firm has preserved a strong client base because these partners have provided excellent services that have enabled their clients to thrive.”

“We attribute much of the firm’s success to Donald’s and George’s profound commitment to providing closely-held and family owned businesses, as well as larger commercial companies and individuals, with tailored services and constantly evolving the firm’s offerings to meet their clients’ specific needs, often requiring services above and beyond typical accounting and tax work,” Kind said.

“As we transition our clients to TBC, we feel that this new venture will enable us to provide expanded benefits and excellent resources to our loyal patrons,” Shutt said. “Ultimately, this will allow our clients to benefit from an even larger selection of services.”

“When we were evaluating the benefits of joining TBC, a couple of things stood out to us about the firm’s culture and philosophy. It became evident to us that TBC’s mission focuses on being responsive to clients, treating employees fairly and giving back to the community – all of these qualities and more made this firm an ideal choice for us to partner with at this time,” Shutt said.

For additional information please call Katherine Farrow at 518-456-6663 or email kfarrow@tbccpa.com

Teal, Becker & Chiaramaonte Admits New Shareholder

Albany, NY October 2, 2012 –Teal, Becker & Chiaramonte CPAs, P.C. (TBC), a 75-person accounting and advisory firm in Albany, NY, announced today the addition of a new shareholder.

The TBC shareholder group appointed firm partner Christine Oliver as its newest shareholder. She has been affiliated with the firm for over 25 years and most recently has served as a partner for the last six years.

Christine provides management advisory, tax and accounting services to a variety of clients. She specializes in the area of employee benefit plans and not-for-profit organizations, providing supervision and training to staff members in addition to managing all aspects of compilation, review and audit engagements. Christine is a member of the American Institute of Certified Public Accountants and is a graduate of the State University of New York at Albany with a Bachelor of Science Degree in Accounting.

“Our firm has been very fortunate to have Chris as a valuable member of our team for the last 25 years. During this time, she has shown her commitment to our core values and to the interests of our clients through the merit of her work and the quality of her relationships,” said Robert H. Kind, Managing Partner and Shareholder of Teal, Becker & Chiaramonte CPAs, P.C. “As an owner of the firm, she will help ensure that TBC and its culture continue to thrive far into the future. We couldn’t be more proud of this addition to our shareholder group and for our entire firm to benefit even more so from Chris’ leadership in her new role.”

TBC offers accounting and auditing, personal and corporate tax, trusts and estates, business advisory, valuation and pension services for a diversified clientele. TBC serves five primary markets: commercial businesses, governmental, employee benefit plans, not-for-profit organizations, and individuals. Commercial clientele includes construction contractors, distributors, manufacturers, professional service firms, real estate developers, retailers, technology companies and wholesalers among other businesses. For additional information please call Katherine Farrow at 518-456-6663.

Teal, Becker & Chiaramaonte Names Susan Drislane Partner

Albany, NY August 9, 2012 – Susan R. Drislane, CPA, CITP has been affiliated with the Teal, Becker & Chiaramonte CPAs, P.C. (TBC) firm since 2008. Managing Partner and Shareholder Robert H. Kind announced that Drislane is the newest member of the firm’s partner group.

Prior to joining TBC, Drislane was a shareholder responsible for all aspects of an accounting firm including accounting and auditing services, tax services, information technology and quality control.

Drislane’s main responsibilities as partner will consist of managing and supervising the firm’s tax and management advisory services for a large client base with a concentration in the insurance administration industry. She also provides accounting and auditing services. Other industries that Drislane specializes in are employee benefit plans, real estate, and hospitality. She is a member of the American Institute of Certified Public Accountants (AICPA) as a Certified Information Technology Professional (CITP), Drislane is an AICPA IT Section member. Internally, she sits on the firm’s technology committee, tax committee and serves as a mentor to several staff accountants.

“We are thrilled to welcome Sue to our partner group. She has proven to be a great asset to TBC. Her dedication and willingness to go above and beyond on a consistent basis exemplifies our firm’s dedication to excellence,” said Robert H. Kind, Managing Partner and Shareholder of Teal, Becker & Chiaramonte CPAs, P.C.

For for additional information please call Katherine Farrow at 518-456-6663 or visit the TBC website at www.tbccpa.com.

Teal, Becker & Chiaramonte Announces 2012 Staff Promotions

Albany, NY August 8, 2012 – Teal, Becker & Chiaramonte CPAs, P.C. (TBC) is pleased to announce the promotion of two audit managers, two audit supervisors and five senior accountants. Robert H. Kind, Managing Partner and Shareholder, made the announcement.

Vincent Commisso, CPA and Paula Pierce, CPA, have both been promoted from their prior positions of Audit Supervisors to Audit Managers. Commisso, a member of the firm since 2007, is a participant in the 2012-2013 Tech Valley Leadership through the Albany-Colonie Chamber of Commerce and the Chamber of Schenectady County. Pierce, who has been with TBC since 2005, is an active member of the firm’s Education Committee and oversees continued education training. Both are members of the firm’s internal Accounting & Auditing Committee. Commisso and Pierce also both perform audits for the firm’s various commercial clients in a wide range of industries and, in their new positions, will manage audits of not-for-profit organizations.

The firm also promoted Gregory Galla, CPA and Ryan McEvoy, CPA, both previously employed as Senior Accountants, to Audit Supervisors. Galla, a member of the Capital Region Home Builders and Remodelers Future Leaders Council, specializes in audits of construction clientele as well as other commercial entities. Galla came to TBC in 2006 from a public accounting firm. McEvoy, who came to the firm in 2009 from another public accounting firm, is on the firm’s internal Manufacturing Committee. Both will supervise commercial and not-for-profit audits in their new roles.

Among the staff accountants promoted to senior accountants are Denise Lurenz, CPA, Kyleen Cain, Katherine Goodwin, Megan O’Malley and Nathan Pannucci. Goodwin started with TBC in 2008 while Cain and Lurenz began their accounting careers at TBC in 2009. O’Malley and Pannucci joined the firm in 2010.

“As TBC continues to grow and thrive, we are excited to watch these professionals rise up the ranks and take on new responsibilities. Our clients rely on the continuity we provide them with so that they can build trusted relationships with all levels of our staff. Furthermore, we recognize that each of these associates has improved their technical abilities, while also serving on internal committees, engaging in activities with outside associations and working with community organizations to deepen their relationships with other professionals and ultimately, hone their interpersonal skills to emerge as future leaders,” Kind said.

“With more than 75 full time associates and over 40 CPAs on staff, we are able to provide quality accounting and auditing services and still maintain a personal and responsive relationship with our clients,” Kind continued. “The firm has grown tremendously in the last 41 years and we are able to serve clients right here in the Capital Region, throughout New York and beyond through our association with CPAmerica International.”

For for additional information please call Katherine Farrow at 518-456-6663 or visit the TBC website at www.tbccpa.com.

Mayott Earns Certified Construction Industry Financial Professional Designation

Albany, NY July 19, 2012 – Teal, Becker & Chiaramonte, CPAs, P.C. (TBC) is proud to announce that Lori E. Mayott successfully completed the certification process with The Institute of Certified Construction Industry Financial Professionals (ICCIFP), to earn her professional designation as a Certified Construction Industry Financial Professional (CCIFP).

Affiliated with the Construction Financial Management Association, the certification program tests in-depth knowledge of business management practices specific to the construction industry. Upon passing, Mayott, who is a partner at the firm, now joins only 35 other professionals in New York State and fewer than 850 professionals nationwide with this designation. Less than a third of CCIFPs are women and Mayott becomes the first associate from TBC to be certified in the firm’s 41 year history.

“We congratulate Lori on this significant achievement,” said Robert H. Kind, managing partner. “During Lori’s 25 year career at our firm, she has worked with a tremendous number of construction clients. This certification specifically reinforces her abilities to serve contractors as well as demonstrates her strong commitment to the industry.”

Prior to joining TBC, Mayott worked as a controller in the construction industry. Now as a CCIFP, a credential to recognize that a financial manager truly knows the business of construction, Mayott will be an even greater asset to the construction client base, Kind continued.

Over the years, Mayott has served on the Board of Director for Northeastern Subcontractors Association and was a member of the Board of Directors for the National Association for Women in Construction. Currently, she is involved with the Professional Women in Home Building Council through the Capital Region Builders & Remodelers Association as well as many local chambers of commerce.

Mayott joined TBC in 1988. Formerly a resident of Texas, she graduated from Stephen F. Austin State University with a Bachelor in Business Administration in Accounting. Her practical experience as a controller for a contractor led her to specialize in audits of construction companies and related tax issues. She also provides accounting and tax services for home builders, professional practices, insurance agencies and other specialized industries.

In addition to Mayott’s client work, she takes an active role in the community through fundraising for a variety of non-profit organizations, including the Epilepsy Foundation of Northeastern New York, Junior Achievement of Northeastern New York and Karen’s Kids, an organization to benefit the children of the Arongen elementary school.

TBC is a full service accounting and business advisory firm serving commercial businesses, educational institutions, municipalities, not-for-profit organizations and individuals. Through unpredictable business environments, ongoing modifications to tax law, and evolving financial changes, their experienced team provides the business intelligence, industry experience, and the dedication to excellence that consistently delivers exceptional service. For additional information please call 518-456-6663 or visit their website at www.tbccpa.com.

January 16, 2012 – TBC Receives Highest Possible Achievement In Peer Review
Albany, NY – Teal, Becker & Chiaramonte, CPAs, P.C. (TBC) announced today that it has successfully completed a peer review of its accounting and auditing practice, one of the American Institute of Certified Public Accountants (AICPA) approved practice monitoring programs. The reviewer’s opinion was the highest possible achievement in a peer review.

“To be recognized as a firm that promotes the utmost quality in the accounting and auditing services is truly a prestigious credit. In receiving this top notch rating, it also demonstrates that we are dedicated to providing quality services to our clients,” said Robert H. Kind, Managing Partner of Teal, Becker & Chiaramonte, CPAs, P.C.

During the peer review process, reviewers evaluate the firm’s compliance regarding several functional areas including technical standards of accounting and auditing practices, hiring policies, staff engagement and professional development.

“We are proud of the accomplishments and honors that we garnered in 2011,” Kind continued. “On behalf of our partners, I congratulate the entire firm for this achievement as it assures our staff, clients and business partners that TBC provides a higher standard of excellence in our services.”

In 2011, TBC was the Albany-Colonie Regional Chamber of Commerce recipient for the Small Business of the Year award and the firm was named to the Business Review’s Best Places to Work list as well as the Accounting Today Best Accounting Firms to Work For list. Founded in 1971, TBC celebrated its 40th year in business last year by contributing to 40 different charities.

TBC offers accounting and auditing, personal and corporate tax, trusts and estates, business advisory, valuation and pension services for a diversified clientele. TBC serves four primary markets: commercial businesses, governmental, not-for-profit organizations, and individuals. Commercial clientele includes construction contractors, distributors, manufacturers, professional service firms, real estate developers, retailers, technology companies and wholesalers among other businesses.

November 23, 2011 – TBC Sponsors Habitat for Humanity Volunteer Day

Albany, NY November 23, 2011 – With the Thanksgiving holiday nearing and a mission to help 40 charities this year, employees from Teal, Becker & Chiaramonte, CPAs, P.C. (TBC) took part in a firm volunteer day to build homes through Capital District Habitat for Humanity on Friday, November 18.

The Albany based accounting and advisory firm coordinated a team of more than a dozen volunteers to work on Habitat’s “Morton’s Walk” project, a build consisting of six houses on Alexander Street in Albany’s South End neighborhood. The build is the largest single construction project in organization’s 23 year history.

In addition to teaming up with Capital District Habitat for Humanity, TBC has vowed to support 40 charities throughout 2011, an initiative to recognize the firm’s 40th year in business. Capital District Habitat for Humanity, a non-profit housing partnership dedicated to building simple, decent and affordable housing with lower-income families in need, relies on volunteer labor and donations of money and materials to provide affordable homeownership to those people who would not otherwise have that opportunity.

“Our firm and the employees are personally invested in the community,” said Managing Partner Robert H. Kind. “TBC has always encouraged the employees to give back. By sponsoring a volunteer day during the week we not only provided our employees with a great opportunity to roll up their sleeves and dedicate a full day of service, but we also helped Habitat fill their need of volunteer assistance during the week, which is especially needed now as the weather gets colder and the organization aims to complete the homes so some of the families can move in by Christmas.”

“Capping off our ’40 Years, 40 Charities’ campaign with an endeavor that directly impacts people in our community was a meaningful way to end a year of helping others in need. To be a part of such a remarkable project like this, especially as we approach this time of the year, was a reminder to reflect on all of the successes we have to be thankful for,” Kind continued.

TBC offers accounting and auditing, personal and corporate tax, trusts and estates, business advisory, valuation and pension services for a diversified clientele. TBC serves four primary markets: commercial businesses, governmental, not-for-profit organizations, and individuals. Commercial clientele includes construction contractors, distributors, manufacturers, professional service firms, real estate developers, retailers, technology companies and wholesalers among other businesses.

For additional information please call 518-456-6663 or visit the TBC website at www.tbccpa.com.

November 4, 2011 – Business Review Names Teal, Becker & Chiaremonte, CPAs, P.C. as a Best Place to Work

Albany, NY – The Business Review has announced that Teal, Becker & Chiaramonte, CPAs, P.C. (TBC) has been named to the 2011 Best Places to Work. TBC, an accounting and advisory firm founded in 1971, has received the award for the third time in five years. The award recognizes the company’s achievements in creating a positive work environment that attracts and retains employees through a combination of benefits, working conditions and company culture.

TBC is a recipient of the award in the Top Mid-Sized Companies category. There were 118 companies throughout the Capital Region and nominated and 30 selected.

“We are truly honored to receive this award and proud to be recognized as one of the Capital Region’s top employer. Receiving this award is a spectacular way to cap off 2011, a year in which we have had many achievements and have celebrated 40 years of business in the Capital Region,” said managing partner, Robert H. Kind.

“At a professional services firm, specifically an accounting and advisory business like ours, the people truly are the organization’s top asset,” Kind continued. “We recognize that instilling confidence in our associates, creating professional development opportunities for all levels of staff and creating a positive corporate culture are absolutely essential to our continued success.”

More than 100 businesses were nominated for the Best Places to Work award. With over 70 employees, 15 of which have more than 25 years of employment at TBC, the firm credits much of its success to the dedication, commitment and longevity of its employees. The firm regularly hosts employee outings, promotes wellness and has a year round commitment to work life balance. Employees are given support for the CPA Exam and other professional designations, as well as opportunities to further their industry knowledge through Continuing Professional Education (CPE) courses and conferences, both locally and nationally.

TBC offers accounting and auditing, personal and corporate tax, trusts and estates, business advisory, valuation and pension services for a diversified clientele. TBC serves four primary markets: commercial businesses, governmental, not-for-profit organizations, and individuals. Commercial clientele includes construction contractors, distributors, manufacturers, professional service firms, real estate developers, retailers, technology companies and wholesalers among other businesses.

Visit http://www.bizjournals.com/albany/ for more information on the Best Places to Work for program or for additional information please call 518-456-6663 or visit the TBC website at www.tbccpa.com.

October 10, 2011 – TBC Named Best Accounting Firms to Work For

Albany, NY – Teal, Becker & Chiaramonte, CPAs, P.C. (TBC) was recently named as one of the 2011 Best Accounting Firms to Work for. The annual list of “Best Accounting Firms” was created by Accounting Today and Best Companies Group.

The award program was designed to identify, recognize and honor the best places of employment in the accounting industry, benefiting the nation’s economy, its workforce and businesses. TBC is a recipient of the award in the Medium-Sized Companies category, which includes firms with 50 – 249 employees. There were 45 companies honored in this category throughout the United States.

TBC is an Albany-based accounting and advisory firm that was founded in 1971. This was the first year that the firm was nominated for the award, and as such, it is the first time TBC has garnered the “Best Accounting Firms” award.

“This award is particularly meaningful this year, given that we are in our 40th anniversary year and our employees have been the most important ingredient to our successes over the last four decades,” said managing partner, Robert H. Kind. “As we continue to grow and prosper, our goal is to empower our CPAs and professional staff with the tools and knowledge to provide a higher standard of excellence for our clients and business partners. In doing so, we understand that creating an exceptional place to come to work is key and we are happy to be recognized as one of the best accounting firms to work for in the country.”

With over 70 employees, 15 of which have more than 25 years of employment at TBC, the firm credits much of its success to the dedication, commitment and longevity of its employees. The firm regularly hosts employee outings, promotes wellness and has a year round commitment to work life balance. Employees are given support for the CPA Exam and other professional designations, as well as opportunities to further their industry knowledge through Continuing Professional Education (CPE) courses and conferences, but locally and nationally.

TBC offers accounting and auditing, personal and corporate tax, trusts and estates, business advisory, valuation and pension services for a diversified clientele. TBC serves four primary markets: commercial businesses, governmental, not-for-profit organizations, and individuals. Commercial clientele includes construction contractors, distributors, manufacturers, professional service firms, real estate developers, retailers, technology companies and wholesalers among other businesses.

Visit www.BestAccountingFirmstoWorkfor.com for more information on the Best Accounting Firms to Work for program or for additional information please call 518-456-6663 or visit the TBC website at www.tbccpa.com.

June 16, 2011 – TBC Donates $10,000 to Center for Disability Services in honor of 40th year

Albany, New York – Teal, Becker & Chiaramonte, CPAs, P.C. (TBC) has donated $10,000 to the Center for Disability Services. To view the YNN coverage of the event, click here.

Founded in 1971, TBC is an accounting and advisory firm located in Albany. The Center for Disability Services is a non-profit organization that provides services to more than 15,000 individuals and their families at 85 locations in nine upstate counties. A check presentation at the firm’s office in Washington Square occurred today in conjunction with a special anniversary celebration to honor TBC’s 40 years in business.

The donation, designated to Center Health Care, is part of the accounting firm’s “40 Years, 40 Charities” charitable initiative, in which TBC vowed to support 40 non-profit organizations throughout 2011. To highlight this initiative, TBC founders Ron Teal, Larry Becker and John Chiaramonte, along with 80 associates who presently are employed by the firm, were joined by City of Albany Mayor Gerald D. Jennings, President of the Albany-Colonie Regional Chamber of Commerce Mark Egan and President and CEO of the Center for Disability Services Alan Krafchin.

“Community advocacy has always been an underlying theme in our business,” said TBC Managing Partner Robert H. Kind. “Whether we are supporting the communities where our employees live, the communities where we do business in or supporting our not-for-profit clients, we are committed to helping those in need and helping to create a brighter tomorrow. As an illustration of this and to celebrate our milestone of 40 years in business, we are proud to make this special donation to the Center for Disability Services.”

“We are honored to receive this generous gift of $10,000 from Teal, Becker & Chiaramonte, long time supporters and friends of the Center,” said Krafchin, who accepted the donation and addressed the TBC employees. “The donation is designated for Center Health Care, which is staffed and equipped to serve all patients and specializes in treating people who have disabilities. As with TBC, the Center has deep roots in this community. Our appreciation and thanks to everyone at TBC for supporting the mission and services of the Center for Disability Services, the place where people get better at life.”

The firm’s associates stood by as Albany Mayor Gerald D. Jennings delivered a proclamation and presented a certificate to the firm to commemorate TBC for 40 years of business in Albany.

“I am extremely proud to celebrate the 40th anniversary of Teal, Becker & Chiaramonte in our community,” said Mayor Gerald D. Jennings. “Since its inception, the firm’s main goal has been to provide our community with first-rate accounting and business advisory services. Whether working for commercial businesses, municipalities, not-for-profit organizations, or individuals, TBC has made a positive impact on countless people, and I look forward to their continued success in our Capital City.”

TBC offers accounting and auditing, personal and corporate tax, trusts and estates, business advisory, valuation and pension services for a diversified clientele. TBC serves four primary markets: commercial businesses, governmental, not-for-profit organizations, and individuals. Commercial clientele includes construction contractors, distributors, manufacturers, professional service firms, real estate developers, retailers, technology companies and wholesalers among other businesses.

The firm has eight shareholders, including Chairman, John A. Chiaramonte, Managing Partner Robert H. Kind, Katharine K. Doran, James W. Drislane, Robert A. Drislane, Pasquale M. Scisci, John R. Teevan, Jr. and Kevin B. Tully. The shareholders combine for 242 years of experience at the firm. In addition, 15 of the firm’s employees have been employed at TBC for 25 years or longer.

The $10,000 donation will be directed to the Center for Disability Service’s annual fund to support the Center Health Care program. TBC is proud to partner with the Center Health Care and its mission to offer quality health care to individuals with disabilities.

Please contact Katherine Farrow at kfarrow@tbccpa.com or 518-456-6663 with any questions

Katherine Farrow Joins TBC as Firm’s First Marketing Manager

Albany, NY April 22, 2011 – Teal, Becker & Chiaramonte, CPAs, P.C. (TBC) announced today that Katherine Farrow has become the firm’s first Marketing Manager since the firm was established in 1971.

“Katherine’s background in marketing professional service firms and her experience in public relations are a perfect fit for our firm. As TBC embarks on its fourth decade of service in the Albany area, we are proud to have her as our first marketing manager,” said Robert H. Kind, managing partner of TBC.

Katherine’s main responsibilities consist of leading TBC’s efforts to generate market awareness. She will manage the development, implementation and execution of annual marketing strategies and business development.

Prior to joining TBC, Katherine was the manager of marketing and business development for Sapers & Wallack, Inc., an insurance, investments and benefits firm located in Boston, MA. She was responsible for all aspects of marketing, including public relations and business development initiatives.

She graduated from Saint Michael’s College with a Bachelor of Arts in Journalism and Mass Communication. Katherine is TBC’s firm liaison for the CPAmerica International Marketing Committee and is an active volunteer for The Stakeholders, a local non-profit organization that aims to retain and attract residents, workers and visitors to foster regional pride by connecting individuals with area resources.

Teal, Becker & Chiaramonte, CPAs, P.C. Named Small Business of the Year

Albany, N.Y. April 6, 2011 Teal, Becker & Chiaramonte, CPAs, P.C. (TBC) has been named Small Business of the Year by the Albany-Colonie Regional Chamber of Commerce. The award program, now in its 25th year, recognizes a small business that experienced financial success and new employment while maintaining sound business practices and community involvement. TBC will be presented with the award on Wednesday, April 20 during a special breakfast forum with Peter George, speaker, author and creator of the “More Clients More Profits Marketing System,” at The Desmond Hotel & Conference Center, Albany, N.Y. Watch the video of Albany-Colonie Regional Chamber of Commerce President Mark Eagan as he presents the award and see Managing Partner Robert H. Kind accept this honor on behalf of TBC.

“One of our firm’s primary goals is to help privately held businesses grow effectively by providing them with sound accounting and advisory services. While assisting our clients is our major focus, we are also interested in expanding own business which makes this recognition as the Small Business of the Year a special honor,” said Managing Partner Robert H. Kind.

The annual Small Business Awards recognize businesses with fewer than 100 employees that are setting the standard for business excellence in the Capital Region.

TBC offers accounting and auditing, personal and corporate tax, trusts and estates, business advisory, valuation and pension services for a diversified clientele. TBC serves four primary markets: commercial businesses, governmental, not-for-profit organizations, and individuals. Commercial clientele includes construction contractors, distributors, manufacturers, professional service firms, real estate developers, retailers, technology companies and wholesalers.

“As a small business in this fast-paced economy and competitive environment, we have focused on meeting our clients’ needs, treating our employees right and being highly involved in the community. We are proud to be recognized by the Albany-Colonie Regional Chamber of Commerce,” Kind said, “Community advocacy has always been an underlying theme in our business. Whether we are supporting the communities where our employees live, the communities in which we do business or supporting our not-for-profit clients, we are committed to helping those in need and creating a brighter tomorrow. As an illustration to celebrate our 40th year in business this year, we have committed to supporting 40 different charities.”

While most of the firm’s clients are located in the Capital Region, TBC offers financial, tax and management advisory services to clients throughout the U.S. Through a partnership with CPAmerica International, TBC can access resources within a national network of independent mid-sized firms dedicated to their local communities.

For additional information please call Katherine Farrow, Marketing Manager at 518-456-6663 or visit www.tbccpa.com.

Partner Stephanie L. Bartkowiak is Named to 40 Under Forty List

Albany, NY March 18, 2011 - Stephanie L. Bartkowiak of Teal, Becker & Chiaramonte, CPAs, P.C (TBC) has been named to the Business Review’s 40 Under Forty Class of 2011. The award honors forty Capital Region professionals under 40 years of age for their business accomplishments and community contributions.

Bartkowiak, who is 34 years old, is TBC’s first employee to receive this accolade since the award program’s inception 11 years ago. This year’s class of 40 Under Forty honorees was selected from more than 300 nominations. As one of the 40 honorees selected by an advisory committee of business leaders, she will be honored at a luncheon on May 12 at the Crowne Plaza Albany Hotel.

“It is a wonderful honor to share this recognition with an incredible line up of young business men and women,” Bartkowiak said.

Bartkowiak joined TBC in 1999. She began work as an accountant immediately after graduating from Siena College where she received a Bachelor of Business Administration degree. During her tenure, she has been an instrumental part of the firm’s audit team, overseeing all phases of the audit engagements and developing strong relationships with a diverse group of clients, ranging from non-profit entities, employee benefits plans, and governmental entities. In 2010, Bartkowiak was promoted to partner, making her the firm’s the youngest female to hold this position in the organization’s 40 year history.

“Our firm couldn’t be more proud of Stephanie,” said Robert H. Kind, managing partner of TBC. “She has tremendous talents and the quality of her work and professionalism has earned her much respect. On behalf of our entire firm, I congratulate Stephanie for all of her accomplishments and for being the first professional from our firm to garner this distinction.”

In addition to Bartkowiak’s client work, she takes an active role in mentoring junior accountants through organizing collaborative learning opportunities for the firm’s younger members. Bartkowiak is a member of the American Institute of Certified Public Accountants and also serves on the board of directors for the Spina Bifida Association of Northeastern New York. Bartkowiak is a native of Fayetteville, NY and currently resides in Clifton Park.

Teal, Becker & Chiaramonte CPAs, P.C. Celebrates 40 Years by Contributing to 40 Charities

Albany, NY March 10, 2011 – Teal, Becker & Chiaramonte, CPAs, P.C. (TBC) announced today that 2011 marks the firm’s 40th anniversary. To celebrate this achievement, the firm has announced it will contribute to or support fundraising campaigns for 40 different charities throughout the year. The charities consist of both local and national organizations, including the American Heart Association, Center for Disability Services, Equinox, Inc. and the United Way of the Greater Capital Region.

“It is a great honor to be celebrating our 40th year in business.” said John A. Chiaramonte, chairman of TBC. “Our business has grown from a small accounting firm with a few employees to its current status as one of the Capital Region’s largest accounting and advisory firms with 41 CPAs and over 70 total employees,” Chiaramonte advised.

Chiaramonte was one of the company’s founding partners when the Albany-based accounting firm opened its doors in 1971. The other two partners, Ronald Teal and Larry Becker, founders, have retired from the company but still maintain close ties with the firm.

The firm offers accounting and auditing, personal and corporate tax, trusts and estates, business advisory, valuation and pension services for a diversified clientele. TBC serves four primary markets: commercial businesses, governmental, not-for-profit organizations, and individuals. Commercial clientele includes construction contractors, distributors, manufacturers, professional service firms, real estate developers, retailers, technology companies and wholesalers among other businesses.

“Our growth throughout the years has enabled us to attract and retain the finest CPAs, financial professionals and clients in the Capital Region,” said Managing Partner Robert H. Kind, who has been with the firm since 1974. “Our focus is to provide excellent customer service,” Kind continued. “Ranging from individual clients and small firms with few employees and modest revenue, to businesses with revenues in the hundreds of millions, we aim to be the most trusted advisor for each and every one of our clients.”

“The consistency and quality of service over the years has been a reflection of TBC’s commitment to excellence,” said Tony Caropreso, assistant managing director of Eastern Contractors. Eastern Contractors is one of TBC’s first clients.

TBC has been the recipient of a number of awards and achievements. In 2011, TBC was named the Small Business of the Year by the Albany-Colonie Regional Chamber of Commerce. TBC has been recognized by The Business Review as a ‘Best Places to Work’ in 2006 and in 2008. The Business Review named TBC as the Capital Region’s the fifth largest CPA firm in the 2010 Book of Lists. For additional information please call 518-456-6663.

Teal, Becker & Chiaramonte Promotes Stephanie L. Bartkowiak, CPA to Partner

Albany, NY January 18, 2011 – Teal, Becker & Chiaramonte, CPAs, P.C. announced today that Stephanie L. Bartkowiak has been promoted to Partner. She becomes the youngest female to hold this position in the organization’s 40 year history.

“Stephanie has been an integral part of our team for over 11 years. She has done extensive work in all phases of our audit engagements ranging from non-profit entities, employee benefits plans, and governmental entities.” said Robert H. Kind, managing partner of Teal, Becker & Chiaramonte, CPAs, P.C. “In addition to her client work, she takes an active role in mentoring our junior accountants by organizing collaborative learning opportunities for the younger members of our firm. She is a talented professional and we are pleased to have her as a partner at our firm.”

Bartkowiak joined Teal, Becker & Chiaramonte, CPAs, P.C. in 1999. She is a member of the American Institute of Certified Public Accountants and also serves on the board of directors for the Spina Bifida Association of Northeastern New York. Bartkowiak graduated from Siena College with her Bachelor of Business Administrator Degree. She is a native of Fayetteville, NY and currently resides in Clifton Park.

Teal, Becker & Chiaramonte, CPAs is a full service accounting and business advisory firm serving commercial businesses, educational institutions, municipalities, not-for-profit organizations and individuals. Through unpredictable business environments, ongoing modifications to tax law, and evolving financial changes, their experienced team provides the business intelligence, industry experience, and the dedication to excellence that consistently delivers exceptional service.

Teal, Becker & Chiaramonte Senior Pension Consultant Earns Qualified 401(k) Administrator Credential

Albany, NY September 10, 2010 – Karen Foster, Senior Pension Consultant with Teal, Becker & Chiaramonte, CPAs, P.C. has earned the Qualified 401(k) Administrator Credential (QKA) from the American Society of Pension Professionals & Actuaries. The QKA credential is offered for retirement plan professionals who work primarily with 401(k) Plans. They typically assist employers and consultants with the design, record keeping, non-discrimination testing and the administrative aspects of 401(k) and related defined contribution plans.

Karen Foster has been a member of the Teal, Becker & Chiaramonte, CPAs, P.C. team since 2007. TBC Pensions provides pension plan consulting design and third party administration within the full range of accounting, tax, and comprehensive financial services of Teal, Becker & Chiaramonte, CPAs. She works with business owners and human resource managers to design and maintain compliance for pension plans that minimize cost while meeting overall objectives.

New Partners Named at Teal, Becker & Chiaramonte CPAs, P.C.

Albany, NY December 15, 2008 – Robert L. Kind, CPA has been affiliated with the Teal, Becker & Chiaramonte CPAs, P.C. firm since 1998. Rob’s main responsibilities include but are not limited to managing and supervising the accounting and auditing services, management advisory services and tax services for a large client base with a concentration in construction contractors and real estate developers. Other auditing and tax service industries include governmental units, employee benefit plans, car dealerships and professional organizations. Rob is a member in the Northeastern Subcontractors Association, The American Institute of Certified Public Accountants and The New York State Society of Certified Public Accountants.

Ryan M. Smith, CPA has been affiliate with Teal, Becker & Chiaramonte CPAs, P.C. since November 1997. He supervises all phases of audit engagements of nonprofit entities, governmental units (including colleges) and commercial entities. He meets the specialized continuing professional education requirements to perform audits in accordance with Governmental Auditing Standards. Ryan is also experienced in tax services for a diverse client base consisting of construction, wholesalers, manufacturers and individuals. Ryan is a member of the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants.

“Both Ryan and Robert have proven to be great assets to Teal, Becker & Chiaramonte CPAs, P.C. Their dedication and willingness to go above and beyond on a consistent basis exemplifies our firm’s dedication to excellence. We are proud to call them partners.” Says Katherine Doran, Shareholder of Teal, Becker & Chiaramonte CPAs, P.C.

Teal, Becker & Chiaramonte Certified Public Accountants has been serving clients since 1971. The firm offers a wide array of services including accounting, auditing, tax, business advisory, valuation, litigation, pension plan services as well as services for individuals.

Susan R. Drislane Joins Teal, Becker & Chiaramonte CPAs, P.C.

Albany, NY December 9, 2008 -Teal, Becker & Chiaramonte, CPAs, P.C. announced today that Susan R. Drislane, CPA has accepted the position of Tax Manager.

“Susan’s professional integrity and exceptional abilities are a great addition to our firm and we are proud to have her as part of our team.” Said Robert H. Kind, managing partner of Teal, Becker & Chiaramonte, CPAs, P.C.

Sue’s main responsibilities consist of managing and supervising the tax and management advisory services for a large client base with a concentration in insurance administration. Other areas that Sue specializes in are Partnerships, S Corporations and LLC’s.

She graduated from the State University of New York at Albany with a Bachelor of Science Degree in Accounting and a Master of Science Degree in Accounting. Prior to joining Teal, Becker & Chiaramonte, CPAs, P.C. Sue was a shareholder responsible for all aspects of the accounting firm she worked for including accounting, auditing services, tax services, information technology and quality control. Sue is a member of the New York State Society of Certified Public Accountants and the American Institute of Certified Public Accountants.

Teal, Becker & Chiaramonte CPAs is a full service accounting and business advisory firm serving commercial businesses, educational institutions, municipalities, not-for-profit organizations and individuals. Through unpredictable business environments, ongoing modifications to tax law, and evolving financial changes, their experienced team provides the business intelligence, industry experience, and the dedication to excellence that consistently delivers exceptional service.

Teal, Becker & Chiaramonte CPAs, P.C. Receives Top Rating

Albany, NY October 28, 2008 – Teal, Becker & Chiaramonte, CPAs, P.C. announced today that it has successfully completed a peer review of its accounting and auditing practice, one of the AICPA approved practice monitoring programs. The reviewer’s opinion was “Unqualified,” the highest possible achievement in a peer review. Robert H. Kind CPA, Managing Partner of Teal, Becker & Chiaramonte, CPAs, P.C. noted, “This exemplifies our firm’s commitment to provide the highest standard of excellence in the quality of our work.”

The peer review was performed by another independent CPA firm and is used to determine whether a CPA firm has suitable quality control policies and procedures and is complying with them.

Teal, Becker & Chiaramonte, CPAs is a full service accounting and business advisory firm serving commercial businesses, educational institutions, municipalities, not-for-profit organizations and individuals. Through unpredictable business environments, ongoing modifications to tax law, and evolving financial changes, their experienced Team provides the business intelligence, industry experience, and the dedication to excellence that consistently delivers unique and superior service.

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