Frazier & Deeter, LLC

News Releases

PCAOB Associate Director Joins Atlanta Firm Frazier & Deeter

Frazier & Deeter Giving Back to the Community

Frazier & Deeter Recognized as Leader in Accounting Industry

Practical Accountant Magazine Presents F&D With Innovation Award

Frazier & Deeter Announce Staff Promotions

Deloitte & Touche Partner Joins Frazier & Deeter

F&D Managing Partner Finalist for Small Business Person of the Year Award

Frazier & Deeter Announce Staff Promotions

Frazier & Deeter Partner to Participate in AICPA CPA Ambassador Program

Frazier & Deeter Continues to Grow with Addition of Staff Members

Frazier & Deeter Announce New Staff Accountants

Frazier & Deeter Announce Staff Promotions

PCAOB Associate Director Joins Atlanta Firm Frazier & Deeter
(Atlanta � December 16, 2004)
Atlanta based accounting firm, Frazier & Deeter, is pleased to announce the addition of Seth McDaniel, CPA, as the newest partner of the firm. He brings more than 13 years of public accounting experience to Frazier & Deeter. He joined the assurance department after leaving the Public Company Accounting and Oversight Board (PCAOB) in December of 2004. His areas of specialty include working with large and middle market companies in the public and private sectors.

He started his career in 1991 after graduating from Rhodes College with a degree in Business. He worked at KPMG until 1997 when he left to work on a specialized IPO transaction for a Georgia company. Before participating in the first inspections in the history of the PCAOB, he worked at Deloitte & Touche for several years.

At the PCAOB, he 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. Most recently in 2004, 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.

�Seth brings a great deal of value to the existing and future client base of F&D,� said David Deeter, managing partner of Frazier & Deeter. �His enthusiasm and deep understanding of trends affecting the accounting profession will prove to be an immeasurable asset to the firm and metro Atlanta business community.�

Seth's qualifications will lend credibility for F&D clients, as the rules affecting public and tax-exempt companies slowly translate into more fiscal responsibility in the private arena. His experience includes working with the Service, Technology, Real Estate, and Financial Institution industries.

Frazier & Deeter, is one of Atlanta 's leading local certified public accounting and advisory firms. The firm provides tax, accounting, assurance and advisory services to companies and high-net worth individuals. Industry areas of expertise include real estate, manufacturing, technology, professional services, distribution, construction and personal financial planning.

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Frazier & Deeter Giving Back to the Community
(Atlanta � November 16, 2004) Just like everyone else, the staff at Frazier & Deeter finds that there are just not enough hours in the day. However, somehow they manage to make time to volunteer and help those in need. So many companies donate money to charities and foundations, but Frazier & Deeter goes the extra mile to also spend their personal time giving back to a community that has provided them with so many opportunities through The F&D Project Impact Team. Project Impact was established to make a difference, and our volunteers know that every contribution matters, regardless of size or time.

Over the last few months, Project Impact participated in multiple community events. One of those was The Light The Night Walk. The walk is sponsored through The Leukemia & Lymphoma Society's and is nationwide evening walk to raise awareness of blood cancers and funds for cures. Participants carry illuminated balloons to celebrate and honor lives touched by cancer. Funds raised support the Society's mission: cure leukemia, lymphoma, Hodgkin's disease and myeloma, and improve the quality of life of patients and their families.

The Light The Night Walk took place on Saturday, October 9, 2004 at 9:00pm. It was approximately 2 miles long, starting at Centennial Olympic Park. Statewide, these walks raised $800,000. The event in Atlanta raised $520,000, of which $10,000 was contributed by Frazier & Deeter and its Foundation. The firm was a corporate sponsor for the event, using casual dress days as fundraiser incentives.

Project Impact Team also volunteered for Hands on Atlanta Day on October 6, 2004. Hands on Atlanta is a non-profit organization that helps individuals, families and corporate and community groups find flexible volunteer opportunities at more than 400 service organizations and schools.

The Frazier & Deeter's Hands on Atlanta Project was at the Center for Visually Impaired. The volunteers spent the day painting walls, cleaning, organizing the audio library, and landscaping. This is the second year Frazier & Deeter has participated in Hands on Atlanta Day.

The Walk to Cure Diabetes is yet another way Frazier & Deeter gave back to the community. It is a walkathon, held in more than 200 locations throughout the year, benefiting the Juvenile Diabetes Research Foundation. The walk took place at Perimeter Concourse Office Park , and was 3 miles long. 5,500 walkers participated this year. The Walk raised $1.3 million dollars for the Georgia Chapter of the Juvenile Diabetes Research Foundation. Frazier & Deeter donated $5,000 to the Diabetes Foundation.

An additional charitable cause Frazier & Deeter sponsors is through Project Open Hand at the Ronald McDonald House. Several sets of Project Impact teams provides freshly cooked meals and nutrition services to families relocated to support their children who have critical illnesses or disabilities. In 2004, our Project Impact group cooked 3 Ronald McDonald Meals.

Too often, corporate giving boils down to large contributions that mean nothing to the employees. Frazier & Deeter's goal of the Project Impact Team is to promote a spirit of giving and employ a program in which the staff can decide where, when, and how often to volunteer their time. Personal commitment matters just as much as corporate involvement. Frazier & Deeter is not only here to fulfill the needs of the market, but more importantly, to serve the needs of the community. For more information about F&D's Project Impact Team, contact Erinn Keserica at erinn.keserica@frazierdeeter.com.

Frazier & Deeter Recognized as Leader in Accounting Industry
(Atlanta � October 2004) Each year Inside Public Accounting releases a list of the top American accounting firms based on performance criteria researched by the publication. Frazier & Deeter, LLC, was ranked a silver medalist of American Accounting firms and an IPA �Accounting All-Star� for the second year in a row.

Practical Accountant Magazine Presents F&D with Innovation Award
Frazier & Deeter Recognized for Taking a Lead in Developing New Services and Promoting Efficiency
(Atlanta - September 2004) Practical Accountant, a Thomson Media publication and a technical how-to magazine for the growth-minded accounting firms, announced the results of its fifth annual Innovation Awards. The Innovation Awards, which recognize accounting firms that take the lead in developing new or improved services and promote efficiency in the practice of public accounting, were awarded to 26 firms across the country this year. The results are published in the September issue of Practical Accountant.

" What all the winning firms seem to have in common is an ability to see and seize opportunities, to develop detailed plans, and execute superbly," said Howard Wolosky, Practical Accountant's executive editor. "They also aren't afraid to spend money, but most importantly, they are willing to take risks."

Frazier & Deeter was recognized for the Strategic Program, which intended to promote the development and productivity of its professionals outside of billable hours, as well as build upon and reinforce the firm brand and strategy. An additional benefit is defining what is expected of individual staff members while encouraging team-based activities. For more information regarding the Innovation Award, contact Erinn Keserica at erinn.keserica@frazierdeeter.com.

Frazier & Deeter Announce Staff Promotions
(Atlanta � September 2004) Frazier & Deeter, LLC, Atlanta's second largest independent Certified Public Accounting and Advisory firm, announce the addition of Eric Wilber and Andrea Croft as Supervisors, Michael Murray as Senior Accountant, and Leigh Erlacher, Rebekah Walters, Kelly Garrison, Ryan Joelson, and Marvin Lewis as Staff Accountants.

Frazier & Deeter Announce Staff Promotions
(Atlanta � July 1, 2004) Frazier & Deeter, LLC, Atlanta's second largest independent Certified Public Accounting and Advisory firm, announce the promotions of Mike Hendricks has been promoted to supervisor, and Kathleen Foley and Ricardo Zertuche to senior.

Deloitte & Touche Partner Joins Frazier & Deeter
(Atlanta � June 1, 2004) Frazier & Deeter, LLC has named Wayne D. Reid, CPA, as partner in the firm after retiring from Deloitte & Touche, LLP so he can continue to provide clients with a high level of personalized professional services and support by first class tax and advisory professional.

Reid was a lead tax service partner D&T for the last two years and with Arthur Andersen LLP, where he served the Atlanta business community for over thirty-two years. He specializes in working with entrepreneurial, multi-state, and multi-national companies in the biomedical, hospitality, real estate, service and technology industries. He also serves high net-worth individuals with income, estate and gift tax matters.

Reid earned a Bachelor of Arts in Business Administration and Economics with emphasis on accounting from Furman University and a Masters of Professional Accountancy with emphasis on taxation from Georgia State University . He has been recognized as Distinguished Alumnus by Georgia State University School of Accountancy, and received the National Alumni Service Award from Furman University . Furman University also established the Wayne and Rubye Award to recognize annually the outstanding volunteer in career planning and placement.

Reid looks forward to bringing more value to F&D Clients by combining his knowledge and experience with the strengths of Firm.

F&D Managing Partner Finalist for Small Business Person of the Year Award
(Atlanta � May 20, 2004) What do passion, excellence and integrity have to do with David Deeter, managing partner of Frazier & Deeter, LLC? They are all characteristics that earned him a place as a finalist for the 2004 Small Business Person of the Year Award. Sponsored by the Metro Atlanta Chamber of Commerce and Atlanta Business Chronicle, Deeter was one of five finalists for this most prestigious honor.

Frazier & Deeter has grown over the last few years to become one of the largest independent accounting firms in the state of Georgia . When Deeter was asked how the firm maintains the level of quality of work amid such tremendous growth, he responds, �it's all about establishing personal relationships with clients and being armed with the qualifications to do the job well.�

Bob Voyles of Hines Interests has been a friend and client since Frazier & Deeter opened its doors in 1981. The company and family tax work are all done by Deeter. Voyles explains, �David cares deeply about his clients, and he's also built a good organization that shares the same values.�

One of Deeter's clients since the late 1980's, Brad Bradford, of Brad Bradford Realty & Construction also comments, �David has a strong work ethic, but his no. 1 asset is his integrity."

Deeter is responsible for working to maintain a positive company culture. Not only does the firm provide flexible work schedules for employees, but offers placement at a local day care facility where the firm has an ongoing contract. In addition, the firm works to give back to the Atlanta community through the Frazier & Deeter Foundation and Project Impact.

Frazier & Deeter Announce Staff Promotions
(Atlanta � April 2004) Frazier & Deeter, LLC, Atlanta 's second largest independent Certified Public Accounting and Advisory firm, announce the addition of Ty Dealy as Principal, Mavis Jones as Controller and Michele Alston as Administrative Assistant.

Frazier & Deeter Partner to Participate in AICPA CPA Ambassador Program
CPA Spokespeople to highlight the contributions, expertise, and integrity of the Certified Public Accountant
(March 8, 2004) Atlanta , Georgia � Ruth A. Bartlett, CPA, and partner with the Atlanta Certified Public Accounting firm of Frazier & Deeter has been selected to participate in the AICPA CPA Ambassador Program. Bartlett is one of 12 accountants in the state of Georgia to work with the Georgia Society of Certified Public Accountants (GSCPA) and the American Institute of Certified Public Accountants (AICPA) on the CPA Ambassador Program. The CPA Ambassador program is a nationwide, community-based program in which highly trained and influential CPA spokespeople highlight the contributions, expertise, and integrity of the CPA Profession, one community at a time. The AICPA is working with several state CPA societies to initiate this program over the next year.

�A major goal of the CPA Ambassador Program is to help put the spotlight back on the majority of CPAs who are on the job doing good work every day, �said Janice Maiman, vice president of strategic and member communications at the AICPA, �By harnessing the passions, intelligence, and insights of CPAs around the country, we hope to drive community and business leaders, employers, legislators, and others to fully recognize and appreciate the enduring value of the CPA.�

�Unfortunately, over the past couple of years there has been considerable national media coverage highlighting corporate failure and accounting irregularity; but very little coverage acknowledging the honest contributions of the hundreds of thousands of CPAs who conduct themselves every day in accordance with the values that distinguish this profession,� said GSCPA spokesperson Ruth Bartlett, �Through community outreach, CPA Ambassadors in Georgia will promote the profession's depth of financial knowledge, underscore the AICPA's and state societies' effectiveness as advocates for the public interest, and refocus the spotlight on the profession so that it shines on the value and values of the CPA.�

Ruth Bartlett will be offering to each CPA who participates in the program training on four critical message quadrants that will help reintroduce the CPA Profession to the American public: Restoring Confidence, Financial Literacy, Recruitment, and Small Business. CPAs will also have the opportunity auditing standards and quality, and shoring up small businesses that represent the main economic engine of this country.

�We have reached an exciting juncture in the evolution of the accounting profession. Emerging from the challenges of the past two years are extraordinary opportunities for communicating why CPAs are the most trusted advisors to businesses and individuals. Those willing to participate in the CPA Ambassador Program are choosing to help up take on the job of reminding America that America still counts on CPAs,� said Maiman.

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Frazier & Deeter Continues to Grow with Addition of Staff Members
Atlanta (February 26, 2004)-Frazier & Deeter is pleased to announce the addition of Shani Anderson and Kevin Rose as staff accountants, and Michael Buice as the newest member of our technology team. Over the last year and a half, Frazier & Deeter has hired 19 new employees, over half of which are newly created positions for one of Atlanta 's largest independent certified public accounting and advisory firms. This growth trend will continue for the firm, as it has plans to accommodate four more new hires in 2004.

In a recent study conducted by the Selig Center for Economic Growth at the University of Georgia , they said that Georgia is leading the way in economic expansion. One of the trends they saw was significant growth in the area of professional services.

Frazier & Deeter Announce New Staff Accountants
Atlanta (January 27, 2004)-Frazier & Deeter is pleased to announce the addition of Abigail Downer, Maggie Lin and Jennifer Ray as staff accountants.

Frazier & Deeter Announce Staff Promotions
Atlanta (January 30, 2004)-Frazier & Deeter, LLC is proud to announce Jennifer Spillman, CPA, has been promoted to tax supervisor and Thomas Weissinger, CPA, CFE, has been promoted to audit supervisor.

Jennifer Spillman, CPA, has been with the firm since 1999. Her primary responsibilities include tax research, planning and compliance for high net worth individuals, real estate, professional services, and closely held businesses. She received both her B.B.A in Accounting, and Master of Accountancy with a Concentration in Taxation from Auburn University . She currently lives in Atlanta . Also, she is a member of Georgia Society of Certified Public Accountants and a member of American Institute of Certified Public Accountants, Cobb Chamber of Commerce, and a member of the British American Business Group.

Thomas Weissinger, CPA,CFE, is responsible for preparing audits, reviews, and compilations of closely held companies in the hospitality, construction and manufacturing industries. As an integral part of the firm's Hospitality Services Group, he concentrates on the audits of country clubs, resorts and property owners associations. Mr. Weissinger has experience providing employee benefit assurance services for defined contribution, defined benefit, and employee stock ownership plans. He received his B.B.A. in Accountancy and his Masters of Accountancy from the University of Mississippi . He is a member the American Institute of Certified Public Accountants, Georgia Society of Certified Public Accountants, and Association of Certified Fraud Examiners.