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| Joseph Decosimo and Company, PLLC |
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Overview:
Qualified top 100 firm with a focus on relationships
Founded in 1971 as Joseph Decosimo and Company, Decosimo is a leading public accounting and business advisory firm with offices in Chattanooga, Knoxville, Memphis and Nashville, Tennessee; Atlanta and Dalton, Georgia; Huntsville, Alabama; Cincinnati, Ohio; and the Cayman Islands. Decosimo is ranked among the Top 100 CPA firms in the U.S. with approximately 300 professionals and support staff.
Decosimo is the CPA firm of choice for hundreds of businesses and not-for-profits who require the highest level of service at competitive rates. Decosimo enjoys recognition by some of the nation's largest and most trusted lenders and financial institutions. These relationships are key to our clients as they expand their businesses and plan for future growth.
After 40 years, we remain the best alternative to the Big Four firms–and other national accounting firms–providing quality work, reliable advice and technical support through our principals and professional staff who are experts in their respective sectors of the accounting industry.
The cornerstone of our client relationships is access–access to capable professionals and to decision makers. Decosimo’s regional practice network places professionals in close proximity to you to ensure timely and responsive service. Moreover, principals with the authority to make decisions regarding your account are available to you at any time. This type of client commitment means faster response time to the problems you are facing and more direct involvement in the success of your organization.
Relevant experience serving diverse industries
Decosimo serves clients from virtually every industry including investment partnerships, financial services, hospitality, manufacturing, healthcare, government and not-for-profit, construction and real estate, as well as entertainment and professional sports franchises. Many of our clients are nationally and internationally recognized, including Life Care Centers of America, McKee Foods Corporation, St. Louis Cardinals, Olan Mills, Beaulieu of America, and Miller Industries.
Since inception, Decosimo’s focus has been on delivering quality audit and tax solutions. As our clients have grown, so has the demand for expanded services to meet their complex needs. We answer that demand by offering our expertise in the areas of business valuation, merger and acquisition consulting, due diligence, litigation support and forensic accounting services. We also provide expanded tax services to address such issues as estate and gift tax, uncertain tax positions, multi-state issues, pass-through entity relationships, expatriate and international tax issues.
Our breadth of services and depth of relevant experience serving these and other industries, as well as our commitment to continued technical training and advanced certification, sets us apart from other regional firms.
Resources comparable to Big Four firms
Decosimo serves each of its clients using a team of personnel from across our firm’s regional practice network who are best suited to meet the complex needs of our clients.
Beyond our significant regional presence, we have access to the extensive resources and professionals of Moore Stephens International Limited, an association comprised of 299 independent CPA firms with 624 office locations across 101 countries. Occasionally, we will call on the expertise of professionals within another Moore Stephens firm. Through our association with Moore Stephens, the breadth and depth of services available to our clients are equivalent to those offered by Big Four firms; but services are enhanced by a more hands-on, personalized approach to serving client needs. In each and every case, Decosimo's lead principal remains involved in overseeing the engagement, making sure deadlines are met and ensuring that our clients receive the best available service.
Commitment to quality control and professional excellence
We devote significant resources to training staff, reviewing performance and ensuring that adequate quality controls are in place so that work performed by the firm meets professional standards.
As a Decosimo client, you benefit from a disciplined approach to audit and assurance services. Decosimo has completed its 12th consecutive triennial peer review as part of the Peer Review Program with the American Institute of Certified Public Accountants (AICPA), receiving the highest level of independent assurance on our system of quality control concerning the assurance services provided to our clients.
Additionally, Decosimo is a member of the AICPA Center for Audit Quality, the AICPA Employee Benefit Plan Audit Quality Center and the AICPA Governmental Audit Quality Center. Decosimo is also registered with the Public Company Accounting Oversight Board (PCAOB). As a registered public accounting firm, we are subject to triennial inspections by the PCAOB to assess our compliance with professional standards and regulatory requirements.
Many of our professionals maintain advanced credentials in specialized disciplines to better serve our clients. Credentials include: Certified Fraud Examiner, Certified in Financial Forensics, Certified in International Financial Reporting Standards (IFRS), Accredited Estate Planner, Accredited Senior Appraiser, Accredited in Business Valuation, Certified Management Accountant, Business Valuator Accredited for Litigation, Certified Business Appraiser, Certified Information Technology Professional and Retirement Plan Associate. |
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History:
1971: Firm Founded in Chattanooga, Tennessee
On September 1, 1971, co-founders Joe Decosimo, Marion Fryar and Jerry Adams open Joseph Decosimo and Company as a local accounting firm in Chattanooga, Tennessee. Now located just a block away in the Tallan Financial Center, Decosimo’s first home was the Gold Building on the corner of MLK Boulevard and Pine Street in Downtown Chattanooga.
1980: Decosimo Establishes First Dalton Office
The Firm establishes its first Dalton, Georgia office to serve clients in North Georgia.
1985: Cincinnati Office Opens
The Firm expands into the Cincinnati, Ohio market to better serve the needs of clients in the Ohio Valley and Midwestern region of the United States.
1988: Merger Expands Dalton Office
Decosimo merges its growing Dalton practice with that of local practitioner Charles Hendry in Dalton, Georgia, operating as Hendry & Decosimo for several years. Today, the Dalton office is the largest CPA practice in North Georgia and serves a wide range of industries including textiles, manufacturing, and real estate.
1990: Atlanta Office Opens
The Atlanta office of Decosimo forms to better serve its clients in the Atlanta area.
1997: Decosimo Establishes Healthcare Practice
With the addition of former hospital CFO Ken Conner in the Chattanooga office, Decosimo establishes a healthcare practice, initially known as Conner Healthcare, to provide healthcare consulting and transaction services. Today, the Decosimo healthcare practice provides a full range of audit, tax and valuation services in addition to consulting, litigation support and transaction services.
2003: Merger Expands Chattanooga Office and Litigation Support/Valuation Services
Decosimo merges in the local Chattanooga firm Costello, Strain and Company. The merger expands Decosimo’s litigation support and valuation services, which are now offerings of the Decosimo Advisory Services division.
2003: Grand Cayman Office Opens
To serve the offshore interests of its clients, Decosimo opens an office in Georgetown, Grand Cayman. The practice now operates as Moore Stephens Decosimo Cayman Limited.
2004: Merger Creates Memphis Office
The Firm merges in the practice of Bean & Ison in Memphis, Tennessee and operates as Ison & Decosimo for several years.
2005: Decosimo Joins Moore Stephens International Limited
The Firm joins the North America division of Moore Stephens International Limited, an association of more than 300 independent member firms, to expand its access to resources and professionals on an international scale.
2006: Knoxville Office Opens After Merger
The Firm merges in the healthcare consulting practice of FIS Associates in Knoxville, Tennessee. The merger adds significant capabilities to the Firm’s work with physician practices. Today, the Knoxville office offers a full range of assurance, tax and consulting services to a diverse client base, but maintains its initial physician services.
2006: Decosimo Establishes Recruiting and Staffing Division
Decosimo establishes Decosimo Recruiting, LLC to offer the specialized recruitment and placement of financial and accounting professionals on a permanent, temp or temp-to-hire basis. Today, the Firm's professional recruiting service conducts strategic searches working closely with financial, accounting and management candidates and employers in virtually every industry across the Southeast to identify hiring opportunities that fit the needs of both parties.
2007: Nashville Office Opens
The opening of the Nashville office positions Decosimo in each of Tennessee’s four largest cities.
2008: Members of Decosimo Form Separate Investment Banking Entity
Decosimo Corporate Finance, LLC (DCF), member FINRA/SIPC, was formed to provide sell-side and buy-side advisory services, debt and equity capital sourcing, and fairness opinions to businesses and their owners across the United States.
2008: Merger Creates Entertainment Practice in Nashville Office
The Vaden Group led by Mike Vaden merges with the Firm’s new Nashville office creating Decosimo/Vaden, a specialized entertainment services practice focused on the unique needs of Nashville’s music industry.
2010: Huntsville Office Opens
Decosimo expands into Alabama with the opening of a Huntsville office offering assurance and tax services in North Alabama.
2011: Decosimo Celebrates 40 Years
Now a regional firm with offices in 9 markets and nearly 300 professionals and staff, Decosimo serves clients in many industries and with operations in the U.S. and across the globe. |
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