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accounting

Earlier in her career, Fahrenheit Advisors CFO Cynthia Macturk was a finance executive at Capital One, helping establish operations in England and South Africa. Photo by Caroline Martin
Jul 28, 2022

‘A seat at the table’

Virginia Business’ 2022 Virginia CFO of the Year award winners represent large and small businesses and large and small nonprofits.  Small business | Cynthia Macturk, CFO Fahrenheit Advisors, Richmond When Cynthia Macturk wants to consult with professional peers, she doesn’t have to go far. “Here, I have an entire in-house network of wonderful CFOs,” says […]

(L to R) Virginia Business Editor Richard Foster; Dan Bryant of Altria Group; David Argabright of Feeding Southwest Virginia; Hossein Sadid of the Virginia Museum of Fine Arts; Cynthia Macturk of Fahrenheit Advisors; and Virginia Business President and Publisher Bernie Niemeier. (Bryant accepted the award for Altria CFO Sal Mancuso.)
Jun 16, 2022

Virginia Business announces 2022 Va. CFO Awards winners

Virginia Business presented awards to chief financial officers at companies and nonprofits around the commonwealth Thursday night. This year’s Virginia CFO Awards banquet — which is the largest annual gathering of CFOs in Virginia — was held at The Jefferson Hotel in Richmond. Fifty-one CFOs from around the commonwealth were nominated in four award categories, […]

DHG, BKD merged company names Va. leaders
Jun 2, 2022

DHG, BKD merged company names Va. leaders

The merger of Charlotte, North Carolina-based Dixon Hughes Goodman LLP and Springfield, Missouri-based BKD CPAs & Advisor finalized Wednesday, forming Forvis, the name of the new company that the two companies merging formed. Forvis is a top 10 accounting firm with $1.4 billion in revenue. “Today is a monumental day as BKD and DHG officially […]

Accounting firms must increase their focus on diversity to ensure business sustainability, says Royce Burnett, associate professor and chair of Old Dominion University’s School of Accountancy. Photo by Mark Rhodes
May 29, 2022

Counting on change

Royce Burnett remembers how challenging it felt in 1981 as a freshly graduated audit associate starting work at a Big Eight accounting firm in Texas. Of about 250 new employees hired at the time, Burnett, who’s now an associate professor and chair of Old Dominion University’s School of Accountancy, believes he was the only African […]

Yount, Hyde and Barbour acquires Woodcock & Associates PC
May 26, 2022

YHB to acquire Md. accounting firm

Winchester-based accounting and consulting firm Yount, Hyde and Barbour (YHB) will acquire Maryland-based firm Glass Jacobson PA on July 1. Financial details of the transaction were not disclosed in Wednesday’s announcement. “We are excited to welcome the Glass Jacobson team to the YHB family,” YHB Managing Partner Scott Moulden said in a statement. “We expect […]

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Apr 5, 2022

Midlothian lighting company promotes exec to CFO

Midlothian-based lighting and home decor company Shades of Light promoted Sean Acton to chief financial officer on Thursday. Acton was the company’s controller for about two years, and he will continue to oversee the accounting team until the company hires an accounting manager. Acton will take on oversight of the purchasing, inventory and production teams. […]

Dan Snyder owns Va.’s most expensive house
Mar 30, 2022

April 2022 top five

The top trending major business stories on VirginiaBusiness.com from Feb. 15 to March 14 were led by news that Washington Commanders owner Dan Snyder bought Virginia’s most costly home, once part of George Washington’s Mount Vernon. 1  |  Dan Snyder owns Virginia’s most expensive house The owner of the Ashburn-based Washington Commanders bought the $48 […]

Youngkin promises biz-friendly climate for Va.
Feb 24, 2022

Youngkin signs bill to conform tax code

This year’s tax season may be a little less complicated for businesses that were granted Paycheck Protection Program loans and Rebuild Virginia grants during the pandemic. A bill that Gov. Glenn Youngkin signed into law Wednesday will ensure that the aid granted through those programs won’t be treated as taxable income. Because Virginia state and […]

DHG to merge with BKD, forming top 10 accounting firm
Feb 17, 2022

DHG to merge with BKD, forming top 10 accounting firm

The fifth-largest accounting firm operating in Virginia, Dixon Hughes Goodman LLP, is merging with Springfield, Missouri-based BKD CPAs & Advisors to form a combined top 10 accounting firm with $1.4 billion in revenue, the two firms announced Thursday. The “merger of equals” will be effective June 1, a company spokesperson said. The new firm will […]

Nov 9, 2021

Brown Edwards acquires Mitchell Wiggins

Roanoke-based accounting firm Brown Edwards LLP acquired tax, audit and business consulting firm Mitchell Wiggins on Nov. 1. With offices in metro Richmond and the Petersburg/Tri-Cities areas, Mitchell Wiggins will bring six partners and 47 team members to Brown Edwards. Brown Edwards will have an office in the former Mitchell Wiggins space in Richmond, with […]

Oct 28, 2021

Virginia Society of CPAs’ 2022 Virginia Economic Expectations Survey results

  Read more: Virginia Society of CPAs’ 2022 Virginia Economic Expectations Survey interviews and post-pandemic work models

Virginia Society of CPAs’ 2022 Virginia Economic Expectations Survey interviews
Oct 28, 2021

Virginia Society of CPAs’ 2022 Virginia Economic Expectations Survey interviews

HAMPTON ROADS Richard E. Groover, CPA Shareholder | Wall, Einhorn & Chernitzer PC Norfolk What local industries/sectors do you think have potential for growth? Continued growth around the Port of Virginia and green energy. … Entrepreneurs and local leaders have made substantial investments to tee up this area as part of a wind turbine corridor […]

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