Competitive Advantage: Bill Balhoff Brings a Family Approach to His Term as the AICPA’s 101st Chairman page 24
Neil Amato is a JofA senior editor covering management accounting and corporate finance. He has 18 years of journalism experience at daily newspapers in North Carolina.
How to Value a CPA Firm for Sale page 30
Joel Sinkin is president of Transition Advisors LLC in New York City. The firm exclusively consults on ownership transition for public accounting firms, providing advice on succession planning, mergers and acquisitions, and partnership agreement issues. He has been involved with and consulted on hundreds of successful closings of accounting firm mergers and acquisitions over the past 20 years, has taught CPE courses for state and national accounting associations around the country, and has published books and articles nationally. He also is an editorial adviser to the AICPA newsletter Small Firm Solutions.
Terrence Putney, CPA, is CEO of Transition Advisors LLC. In that role, he has been involved with and consulted on hundreds of accounting firm mergers and acquisitions and also has consulted on succession planning strategies for partners of firms. He has more than 30 years of experience in the CPA profession, including as a managing director of mergers and acquisitions for one of the largest national accounting firms and managing partner of a midsize Midwest CPA firm.
Q&A: Top Issues in Business Valuation page 34
Chris Baysden is a JofA senior editor. He oversees coverage of business valuation and personal financial planning. He has more than 15 years of journalism experience, including more than a decade in various reporting and editorial capacities with American City Business Journals.
When the Rules and the Law No Longer Agree page 38
Ahava Goldman, CPA, is a senior technical manager with the AICPA Audit and Attest Standards Team. She serves as staff liaison for the Auditing Standards Board, supporting the board’s standard-setting activities. As a technical manager, she also helps develop nonauthoritative professional guidance. Previously, she served as a senior manager on the AICPA Examinations Team. Before joining the AICPA, she was a supervisor at DDK & Co., a manager at Ernst & Young LLP, and a senior accountant at Kipnis & Karchmer.
Thomas A. Ratcliffe, CPA, CGMA, Ph.D., is the technical director of the AICPA Center for Plain English Accounting. He is a former chair of the Accounting and Review Services Committee and served as a member of the Auditing Standards Board. He served as a founding member of FASB’s former Private Company Financial Reporting Committee and was a member of the task force that developed the AICPA’s Financial Reporting Framework for Small- and Medium-Sized Entities.
Before You Sign: Natural Gas Lease Tax Issues page 44
Sally P. Schreiber, J.D., is a JofA senior editor specializing in tax. She was a tax associate with a large law firm in Philadelphia for more than 10 years and an editor at RIA for 13 years.
Act Before the Deadline: Exclusion of 100% of QSBS Gain page 48
Laura Jean Kreissl, Ph.D., is an assistant professor of accounting at West Texas A&M University in Canyon, Texas, where she has taught cost and managerial accounting and accounting ethics courses. She has written for numerous publications, including a number of articles for the JofA.
Darlene Pulliam, CPA, Ph.D., is Regents Professor and McCray Professor of Accounting in the College of Business at West Texas A&M University in Canyon, Texas, where she teaches tax accounting and CPA exam preparation courses. She has written for numerous publications, including a number of articles for the JofA and The Tax Adviser.