WORCESTER, Mass., July 1, 2003 – Greenberg Rosenblatt Kull & Bitsoli, P.C. (GRK&B), one of the region’s leading accounting firms, announced today that David J. Mayotte of Woodstock, Conn., a manager at the firm, has earned the designation of Certified Valuation Analyst (CVA) from the National Association of Certified Valuation Analysts (NACVA®).
The CVA’s expertise is useful in the purchase or sale of a business, succession planning, buy-sell agreements, charitable contributions, estate and gift taxes, and initial public offerings. In the litigation arena, valuations are necessary when there is a business disruption, dissenting shareholder actions, a divorce or partner disputes.
"An increasing number of accounting firms are offering this important service, but many lack the experience and certification needed to ensure the business owner that the valuation is comprehensive and accurate," said Senior Vice President William E. Philbrick, CVA. "Greenberg Rosenblatt Kull & Bitsoli now has two CVAs and valuations are becoming a growing part of our business."
Mayotte joined GRK&B in 1994. He performs audits and provides tax consulting to manufacturers, retailers, investment firms and other clients. He has experience in valuing a wide variety of businesses including manufacturers, insurance agencies, and technology companies, as well as companies that hold private investments and provide personal services. He graduated from Nichols College in Dudley, where he majored in accounting and economics. He is a member of NACVA, the American Institute of Certified Public Accountants and the Massachusetts Society of Certified Public Accountants.
The NACVA is a global, professional association that supports the business valuation and litigation consulting disciplines within the CPA and professional communities.
GRKB (www.GRKB.com) of Worcester, Massachusetts is one of the region’s largest independent accounting firms and a member of JHI, an association of worldwide independent CPA firms. GRKB provides comprehensive accounting, tax, valuation and consulting services for business entities, non-profit organizations, individuals, trusts and estates.