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News Releases 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
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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 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 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 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 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 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 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. |
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