Frazier & Deeter, LLC

News Releases

Chris Hooper Named Managing Principal of FD Consulting

Zerbe Joins FD Alliance Nonprofit Industry Advisory Board

Frazier & Deeter to Conduct International Financial Reporting Focus Group with Fortune Companies

Release of 2010 Atlanta Technology Executive Compensation Survey

Frazier & Deeter Appoints Bill Godshall to Head of Audit Department

Seth McDaniel Announced as Frazier & Deeter Managing Partner

Spotlight On New Partners: Barbara Borczak and Billy Daniel

Chris Hooper Named Managing Principal of FD Consulting

June 16, 2010 (Atlanta) � FD Consulting, the newest of the Frazier & Deeter business services offerings, has elected Chris Hooper as its Managing Principal in the United States.

�Chris has an outstanding foundation to build upon. He brings extraordinary skills to our world-class firm, as demonstrated by his leadership and client service accomplishments,� said Seth McDaniel, managing partner of Frazier & Deeter, LLC. �Working alongside the leaders of our audit and risk advisory, tax, and financial advisory services businesses, I'm confident Chris will be instrumental in driving Frazier & Deeter to be nationally recognized for setting the standard among professional services organizations in client service excellence and creating an environment where top consulting and professional services talent chooses to be.�

As Managing Principal of FD Consulting, Hooper leads the U.S. consulting business within the global consultancy represented by the FD Alliance member firms, which had 2009 combined revenues of $6.5 million and have offices in major cities throughout the US.

�I am honored to lead the talented professionals of this new consultancy, particularly at such a challenging time in the marketplace,� said Hooper. �FD Consulting will be known for its strategy and execution capabilities; helping companies perform and transform; helping them optimize their talent and human capital strategies; providing innovative technology advisory and implementation services; and delivering merger and post-merger integration services. We are establishing a reputation for presenting insightful yet pragmatic advice that delivers meaningful results.�

Hooper added, �We are on a quest to be the clear middle-market leader and believe that we are well positioned to meet this goal. Frazier & Deeter has a track record of double-digit growth over the past six years, and we are significantly expanding and fortifying the Frazier & Deeter presence in strategic sectors, including the technology, manufacturing, distribution, retail, non-profit, real estate, and financial services. Our commitment to our people is best reflected in Frazier & Deeter being named �Number One Accounting Firm to Work for in the U.S.' by Accounting Today , being named as a �Top 100 U.S. Accounting Firm' by Accounting Today, Accounting Report, and Inside Public Accounting, and ranked in the �Top 25 Best Managed CPA Firms in the U.S.' by Inside Public Accounting.

Hooper has 23 years of management consulting experience, as well as significant experience in leadership roles with a number of companies. For the past three years, he served as the CEO of CompWorx LLC, and innovative Workers' Compensation solution which gets injured workers back to health and work up to 50 percent faster, producing dramatic savings for employers and other work comp process participants.

He is also a recognized leader in mergers & acquisitions, assisting clients through the entire M&A lifecycle. Hooper has helped clients expand into new markets, create new profit streams, and generate cost reductions and savings synergies. Under his direction, FD Consulting will be recognized in leadership rankings by top-tier industry analysts in the areas of strategy, operations, information systems, mergers, acquisition, divestitures, and post-merger integration consulting and business advisory services.

About Frazier & Deeter
Founded in 1981, Atlanta-based Frazier & Deeter is a Top 100 U.S. Accounting Firm and the second largest independent CPA and Advisory firm in Georgia . The firm's knowledgeable, innovative and customer-focused professionals are committed to providing tailored services across a wide range of tax, audit, accounting, advisory, and management consulting needs to achieve each client's unique strategic, financial, and operational goals. For that reason, Frazier & Deeter has been recognized as the #1 Accounting Firm in the U.S. to work for.

As used in this document, �Frazier & Deeter� means Frazier & Deeter LLC and its subsidiaries, and Frazier & Deeter Services LP, a separate subsidiary of Frazier & Deeter LLC. Please see www.Frazierdeeter.com for a detailed description of the legal structure of Frazier & Deeter LLC and its subsidiaries.

Last Updated: Wednesday, June 16 , 2010

Zerbe Joins FD Alliance Nonprofit Industry Advisory Board

June 3, 2010 (Atlanta)- The FD (Frazier & Deeter) Alliance has added Dean Zerbe to its National Nonprofit Industry Practice Board of Advisors. "We are pleased to add Dean's advice and counsel in the non-profit arena," said FD Alliance Chair David Deeter . "For over 25 years Dean has been active in congressional investigations of government waste, fraud and abuse, including serving as Senior Counsel and Tax Counsel on the Senate Finance Committee for Senator Charles Grassley . Our practitioners believe there is a different level of service that religious organizations and national nonprofit organizations deserve and are committed to bringing the very best expertise to clients' situations. His involvement with the Alliance is a testament to that commitment."

"The Alliance 's Nonprofit practice is one of the few in the country that addresses head on the issues of internal control and governance so critical in today's environment of fraud and abuse," said Zerbe. "I have joined as an advisor because I believe there is a void in the CPA market of guiding and advising nonprofits in the effective creation of processes that help mitigate the issues that can significantly undermine their very charter."

Added Zerbe: "I will be working with the Alliance to introduce important nonprofit 'stress testing' into their methodologies, and will participate in a series of educational webinars and client seminars. I am especially looking forward to assisting charities in protecting and strengthening their reputation to donors and the public."

About the FD Alliance: Recognized as a new model of CPA Service, the FD Alliance is a national CPA venture started by Atlanta headquartered, Frazier & Deeter to combine the top practitioners from major market firms in Atlanta , Chicago , Phoenix and Pittsburgh .

About Dean Zerbe : For more than 25 years Zerbe was active in Congressional investigations of government waste, fraud and abuse. He left Congress in 2008 after serving as Senior Counsel and Tax Counsel on the Senate Finance Committee for Senator Grassley. He also served as Grassley's Chief Investigative Counsel on the Finance Committee.

Zerbe is widely recognized by the press, having appeared on CBS Evening News and been quoted in The New York Times , Wall Street Journal, Washington Post, Financial Times, USA Today and the National Journal; as well as in Tax Notes and The Practical Accountant. In addition, he is a columnist for Forbes.com and the Chronicle of Philanthropy.

Frazier & Deeter to Conduct International Financial Reporting Focus Group with Fortune Companies

May 10, 2010 (Atlanta) � Atlanta headquartered CPA firm, Frazier & Deeter, is hosting an event this week to uncover the preferences of company financial executives in adopting International Financial Reporting Standards (IFRS). Participants of this focus group include public and private companies that range from middle market to Fortune 100. The meeting will be facilitated by Frazier & Deeter and will include several other IFRS experts from the United States and Germany .

There will be six issues discussed during the meeting: Current Landscape, Timing, Assessing scope and preparedness, Challenges, Resources, and Assistance Requirements for adopting and converting to IFRS. The attendees represent companies that are considered best-in-class in their respective industries. Frazier & Deeter plans to summarize the observations and comments to help the market place better understand the issues and concerns that all companies may by considering as they evaluate the impact of adopting IFRS in the near term.

For more information, please contact Erinn Keserica at 404.253.7434 or erinn.keserica@frazierdeeter.com.

Frazier & Deeter pleased to announce release of the 2010 Atlanta Technology Executive Compensation Survey

April 20th, 2010 (Atlanta, GA) Atlanta headquartered accounting firm, Frazier & Deeter, LLC is pleased to announce the release of the 2010 Atlanta Technology Executive Compensation Survey. Frazier & Deeter has been working with Technology Executives Roundtable �TER� to collect data from Atlanta's premier technology executives to compare and contrast components of executive compensation for technology companies in the Atlanta marketplace. The results of the survey were released today, April 20th.

We are pleased to be part of Atlanta's Technology Executives Roundtable. Frazier & Deeter has the expertise to service the technology industry and has demonstrated the ability to help public and private technology companies address complex financial accounting, tax and audit matters.

COMPENSATION SURVEY
The TER compensation survey includes information on the compensation levels of CEOs, CFOs, sales executives, and engineering/development executives in the Atlanta marketplace. In addition, the survey examines which companies modified their stock options by offering lower exercises price given recent economic events. Frazier &Deeter is pleased to be a partner in this process.

Click here to view the results of the survey.

ABOUT TER
TER is the organization where Atlanta's technology executives meet to exchange, challenge and test their ideas through candid talk about pressing issues. Monthly meetings, for networking and education, feature speakers and panels of local and national experts covering topics such as strategic alliances, crisis management, non-conventional financing, M&A, intellectual property protection and other issues of interest to senior executives intent on company growth. The goal of TER is to provide a unique forum for the member executive of a technology company to share, challenge and test their ideas freely so that they are better equipped to run their individual companies.

To learn more about TER, click here

FRAZIER & DEETER AND TER PARTNERSHIP
The Technology Services Group of Frazier & Deeter is led by Michael Warren and Jason Meadows. The decision to be part of TER as a sponsor stems from the growing number of relationships Frazier & Deeter has with clients and contacts who are active members of the organization. Frazier & Deeter also feels the TER educational component addresses many of the issues we discuss with clients on a daily basis.

For more information on Frazier & Deeter's Technology Practice click here.

To discuss more about Frazier & Deeter's involvement with TER and our Technology Practice, contact Michael Warren via email by clicking here or by calling him at 404.253.7458.

Frazier & Deeter Appoints Bill Godshall to Head of Audit Department

March 15, 2010 (Atlanta, GA) William (Bill) Godshall has been appointed by the accounting firm of Frazier & Deeter to lead the Audit Department. His career highlights fourteen years with big four accounting firms and the position of inspection leader at the Public Company Accounting and Oversight Board (PCAOB). This experience afforded him the knowledge to reengineer the Frazier & Deeter audit methodology and oversee continued quality control efforts. These factors made the decision to transition him into the department leader an easy one.

Godshall has delivered numerous presentations on fair value measurements, better known as mark-to-market accounting. His involvement in large, complex IPO and M&A transactions has provided to be one of the greatest catalysts to his success. At the PCAOB, he helped to develop the training program for full-scope inspections and the inspection methodology for audits of internal control over financial reporting. He also wrote the inspection guidance for derivative accounting and auditing areas that is in place today.

With Frazier & Deeter's implementation of a new strategic plan, which promotes vision, values, and their mission of �serving to protect and further the success of their clients and people,� Godshall is seen as the man who fits the bill.

Godshall's outlook on his recent appointment, �It is humbling to be entrusted with such an important role in an established and reputable firm like Frazier & Deeter. I feel honored to be a part of a firm where those before me have worked diligently to institute and to protect the quality and integrity of the firm. I look forward to continuing the legacy that Jim and David created, of good people and quality client service.�

ABOUT BILL GODSHALL
Bill joined the firm in 2005 with experience working in the energy, manufacturing, financial services, and services industries. In addition, Bill has extensive experience with complex accounting topics such as IPO transactions, derivatives, leases, business combinations and impairment of long-lived assets.

Involvement in community is a vital principal to Godshall. He is very active with the Leukemia Lymphoma Society (LLS) and is a long-time participant of their annual "Light the Night � fundraising walk. This spring he will participate in LLS's Man of the Year competition. Godshall is also a member of the Fernbank Museum Corporate Leadership Council.

Godshall resides in Sandy Springs with his wife and three sons. Godshall has been an active adult leader in Boys Scouts and is also the Scoutmaster of Boy Scout Troop 623, chartered out of St. Jude Catholic Church in Sandy Springs.

He can be contacted at 404.253.7500 or at bill.godshall@frazierdeeter.com.

ABOUT FRAZIER & DEETER
Founded in 1981, Atlanta-based Frazier & Deeter is a Top 100 U.S. Accounting Firm and the second largest independent CPA and Advisory firm in Georgia. The firm's knowledgeable, innovative and customer-focused professionals are committed to providing tailored services across a wide range of tax, audit, accounting and advisory needs to achieve each client's unique financial goals. For that reason, Frazier & Deeter has been recognized as the #1 Accounting Firm in the U.S. to work for.

Seth McDaniel Announced as Frazier & Deeter Managing Partner

January 22, 2010 (Atlanta, GA) Frazier & Deeter has elected a new managing partner. As of January 1, 2010, the role of managing partner has shifted to Seth McDaniel. McDaniel is a former director at the Public Company Accounting and Oversight Board (PCAOB). Significantly, this is the first time a non-founding partner has been named to this role.

At the PCAOB, Seth helped to develop the accounting practice inspection program that is in place today. Other responsibilities were to oversee the nationwide inspection of a Big 4 firm as well as several small firms. He also was instrumental in the evolution of the small firm inspection program. Because of his demonstrated value to the organization, he was the first person promoted within the PCAOB inspections division to Associate Director; making him the youngest Associate Director in the organization's history.

His practical experience has helped Frazier & Deeter create a methodology for assurance and audit practices that protect the interests of clients and shareholders. McDaniel's credentials also lend credibility to privately-held clients of the firm, as the rules affecting public companies slowly translate into more fiscal responsibility in the private arena.

Commenting on his role, Seth McDaniel said, �I am humbled by the opportunity to follow both Jim Frazier and David Deeter as the next managing partner of Frazier & Deeter. They have built an incredible legacy, and I look forward to continuing our traditions of exceptional client service and providing a great work experience for our people.�

The transition of McDaniel becoming managing partner stems from the corporate governance that outlines how long an individual can act in the role of managing partner at Frazier & Deeter. Over the past year, he and David Deeter have worked closely together to plan a smooth and effective transition for the firm. At 53, Deeter will continue to focus his efforts on board activity, serving his clients and practice development.

David Deeter, founding partner of Frazier & Deeter said, �Seth McDaniel will be a good leader for the continued success of Frazier & Deeter. I am looking forward to the innovations and growth the firm has plans for over the coming years.�

ABOUT SETH MCDANIEL
McDaniel joined the assurance department in 2004 and has more than 18 years of public accounting experience. In 2005, he was named the head of the Frazier & Deeter Assurance Department. McDaniel's areas of specialty include working with large and middle market companies in the public and private sector. He has experience in the service, technology, healthcare, real estate, and financial institution industries.

His career began at KPMG, where he worked until 1997. He left to work on a specialized IPO transaction for a Georgia company. Also, he worked at Deloitte & Touche for several years before participating in the first inspections in the history of the PCAOB.

ABOUT FRAZIER & DEETER
Founded in 1981, Atlanta-based Frazier & Deeter is a Top 100 U.S. Accounting Firm and the second largest independent CPA and Advisory firm in Georgia . The firm's knowledgeable, innovative and customer-focused professionals are committed to providing tailored services across a wide range of tax, audit, accounting and advisory needs to achieve each client's unique financial goals. For that reason, Frazier & Deeter has been recognized as the #1 Accounting Firm in the U.S. to work for.

Spotlight On New Partners: Barbara Borczak and Billy Daniel

February 1, 2010 (Atlanta, GA) Frazier & Deeter is proud to announce that Barbara Borczak, CPA and Billy Daniel, CPA officially became Partners of the firm as of January 1, 2010. Barbara and Billy bring a tremendous amount of experience and expertise to our clients and we are proud to have them as members of our leadership team. Read below to learn more about each of these outstanding individuals.

Barbara S. Borczak, CPA
Barbara Borczak provides specialized tax and accounting services to privately held businesses, their owners and executives. With more than 13 years of client service experience, she is established in a variety of industries, including real estate, construction, manufacturing, retail and distribution, professional services, and investment management. Barbara works closely with individuals and closely-held businesses, focusing on planning opportunities to minimize their corporate and personal income tax liabilities.

As a leader in Frazier & Deeter's Real Estate Services Group, Barbara consults on tax matters affecting real estate operations and assists in planning for specific transactions. In particular, her expertise includes structuring tax-deferred transactions, partnership mergers and acquisitions, compensatory partnership interest issues, complex partnership allocation calculations and inbound/outbound foreign investments.

In addition to her work for the Firm, Barbara is actively involved with the Georgia Society of Certified Public Accountants (GSCPA). She is a 2004 graduate of the GSCPA Leadership Academy , and currently serves as the Chairperson of the GSCPA Real Estate Section Leadership Committee.

Before joining Frazier & Deeter, Barbara spent two years working with a national firm, and two years with a local firm gaining tax and accounting experience.

William B. (Billy) Daniel, Jr., CPA
As a partner in Frazier & Deeter's audit and assurance practice, Billy Daniel's primary focus is assisting multi-national companies and large corporations with SEC reporting and technical accounting issues, such as business combinations, restructurings, international finance, audits, and general accounting.

Billy's areas of expertise and experience lie within a variety of industries, including, but not limited to; transportation, consumer products, healthcare, manufacturing, insurance and telecommunications.

Prior to joining Frazier & Deeter in 2007, Billy worked as an External Reporting Controller for United Parcel Service (UPS) and has 10 years of experience working for Big 4 accounting firms, both internationally and in the U.S. He also worked on The Coca-Cola Company engagement as a senior manager. In addition, he spent two years in Brussels , Belgium managing U.S. GAAP accounting and reporting.