Frazier & Deeter, LLC

News Releases

Seth McDaniel Announced as Frazier & Deeter Managing Partner

Spotlight On New Partners: Barbara Borczak and Billy Daniel

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.