Letter from the CEO & Executive Director

On May 1, 2014

Greetings,

As Baby Boomers are riding off into the sunset in unprecedented numbers, succession planning is increasingly becoming a priority at companies throughout New Jersey and the US. At the same time, the lingering effects of the Great Recession have forced many companies to look for ways to manage expenses and increase economies of scale. As such, many of these organizations are opting for a merger-and-acquisition approach.

CPAs can play critical roles in these transitions by performing due diligence and risk analysis, calculating a business’ value, determining tax consequences, preparing a transition plan and more. This special section highlights how CPAs can use their varied skill sets to act as transition advisors for their clients.

Ralph Albert Thomas, CGMA
CEO & Executive Director
New Jersey Society of Certified Public Accountants