Barfield, Murphy, Shank & Smith is proud to announce that Scott Stevens and Patrick Bowman were promoted to Members on January 1, 2014.
Scott Stevens began his career in public accounting in 1997 and joined BMSS in 2000. He graduated from Stephen F. Austin State University with Bachelor’s and Master’s degrees in Accountancy. He is part of the firm’s Accounting & Auditing quality control team, is actively involved in employee recruiting, serves on UAB’s Accounting Advisory Board and participates with the League of Southeastern Credit Unions.
Scott provides audit and consulting services for clients in the financial services industry, as well as manufacturers and businesses in the health care industry. Scott has taught training courses on topics such as board literacy, NCUA regulations and mergers and acquisitions. He regularly meets with management and boards to discuss audit results and opportunities for improvement.
Patrick Bowman has worked in public accounting since 1999 and joined BMSS in 2001. He holds a Bachelor's and Master's degree in Accounting from Troy University. Patrick provides auditing services as well as internal control reviews to clients primarily in the construction, manufacturing, governmental and not-for-profit industries.
He has assisted clients during mergers and acquisitions, debt restructuring, strategic planning and regularly presents financial statements and other reports to business owners and boards of directors. Patrick serves on the Board of Directors of the Alabama Association of Nonprofits and is a member of the Government Finance Officers Association of Alabama.
Additionally, Barfield, Murphy, Shank & Smith welcomed Henry Denbo as a Member in December 2013.
With over 30 years of public accounting experience, Henry has worked for a national accounting firm and previously owned his own practice in Homewood which he founded in 1986.
He will provide accounting and auditing services to clients primarily in the construction, manufacturing, distribution and not-for-profit industries. Henry is a licensed CPA in Alabama and California.
Tax Filing Tips & New Requirements from ADOR
The Alabama Department of Revenue (ADOR) offers important tips and reminders for the 2014 tax filing season.
One of the new aspects for those that e-file their Alabama Form 40, 40-A or 40NR is to include their driver’s license number and date of birth on the return. If BMSS prepares your returns, then we will ask you to provide us with this information. This is the ADOR’s attempt to combat identity theft and fraudulent returns.
Read what else is new in 2014 for Alabama business and individual taxpayers, as well as helpful reminders and tips provided by the Alabama Department of Revenue…
New Threshold for Medical Expenses Deduction
If you itemize your deductions on Form 1040, Schedule A, new rules raise the threshold that you must reach before a deduction is permitted for medical and dental expenses you paid for yourself, your spouse, and your dependents. The new threshold amount is 10% of your adjusted gross income (an increase from 7.5%). If you are 65 years or older, there is a temporary exemption (through 2016) and you may continue to deduct total medical expenses that exceed 7.5% of your adjusted gross income.
Alabama Severe Weather Preparedness Sales Tax Holiday
Beginning at 12:01 a.m. (CST) on Friday, February 21, 2014 and ending at 12:00 midnight on Sunday, February 23, 2014, Alabama will hold its 3rd annual severe weather preparedness sales tax holiday.
Shoppers have the opportunity to purchase certain severe-weather preparedness supplies such as batteries, cell phone batteries, cell phone chargers, battery-powered or weather-band radios, flashlights, plastic cloths, duct tape, coolers and can openers free of state sales or use tax. Retailers in participating cities and counties are required to participate and may not charge tax on items that are legally tax-exempt. Read more about Alabama's Severe Weather Preparedness Sales Tax Holiday…
Video: The History of BMSS
BMSS employees tell the story of how and why BMSS was founded and what it is like to work here. They had a fun time creating The History of BMSS and we hope you enjoy watching it!
Welcome New BMSS Employees
BMSS welcomes Laurie Holt in the new position of Guest Services Specialist. Alison Swindle, Senior Accountant, Jeff Moore, Staff Accountant, Dianne Nance, Bookkeeper and Randy Looney, Facilities & Maintenance Technician recently joined BMSS.
Additionally, Amber Lockwood, Abby Missildine and Auston Sullivan are BMSS interns for 2014.
BMSS welcomes Laurie Holt in the newly created position of Guest Services Specialist! Dianne Nance joined BMSS as a Bookkeeper.
John Shank, one of the founders of BMSS, was elected to serve as the American Institute of Certified Public Accountants (AICPA) council representative for Alabama.
We are implementing new software that will allow you to electronically review, sign and return your annual engagement letter via the Internet using an Electronic Signature (E-Signature) application.
Here is how the process will work (you can also watch a step-by-step video tutorial):
- In the near future, you will receive an email from Barfield, Murphy, Shank & Smith with an email address of email@example.com.
- Please click the designated link to access your Engagement Letter that will be named <YourEmailAddress>.doc.
- Simply follow the onscreen instructions to review and E-Sign your Engagement Letter. The green arrows will take you directly to the areas that need your attention.
- After signing is completed, you will receive another email from firstname.lastname@example.org. Click the link in this email to download a final signed copy of your Engagement Letter.
- If you do not wish to sign your engagement letter using E-sign, you may print the letter, sign it and mail or fax it to our office as you have done in the past.
To ensure you receive all email notifications, please be sure to add the following email addresses to your safe senders list so they are not treated as junk email or spam.
We hope you will enjoy this new E-Signature process and we look forward to your feedback. Should you have any questions, please feel free to contact your BMSS CPA or our office at any time by calling (205) 982-5500.
BMSS employees tell the story of how and why BMSS was founded and what it is like to work here.
(1991...The Pre-BMSS Era)
Been spending most my life
Wishing for a corporate 9 to 5
Come busy season time
Candles burn at both ends every night
Been spending most our years
Wishing we had picked diff-rent careers
It's not the job that brings the tears
It's the work that piles up to our ears
(Motivation for Formation)
Gotta get out
You can use my Basement
First things first you can ask my wife
Gotta get back to less work more life
Shank says Barfield
Let's get Murphy
Sick of family life being such a worry
Escape the rat race of the hurry scurry
Something's gotta improve
Let's make a move
We'll do audits
And tax Projects
In a basement office
Baby, Let's make the move
(The BMSS WAY)
Evaluate our mission
Family life with a lot less tension
Business - is picking up nicely
Enough to keep us busy daily and nightly
Will it ever stop yo, I don't know
It's 5 o'clock though, so let's go
To the extreme I run a tape, like a real boss
Family at home, more important than the gain or loss
Work Life Balance
(Taxes Up, Taxes In?)
Taxes Up Taxes In
Once we began
So much tax work
That we felt it's a sin
We needed some backup
other guys don't stack up
They called up Steve Smith
So the whole firm could rack up
He's taking it down
We're king of this town
Come join the best
Cause work abounds
(Ain't Nothin' but the Benefits)
1, 2, 3, and to the 4
Our reputation's more than just the name that's on the door
Ready to make an entrance and step it on up
Cause you know we're bout to change work up
Give me the chance to show you all that our standards aren't double
Working with some balance, now you know that ain't subtle
Ain't nothing but some benefits baby
To keep our CPA firm from going crazy
BMSS is the firm that pays me
Unbeatable with benefits for days, Ha!
(Baby Got Bingo)
I bill my time and I cannot lie
Most of the time it would make me cry
But when I bill for a bingo and 250 worth of singles
I get a big smile on my face
I get paid
(The Real Keith Barfield)
Ya'll act like ya'll ain't never seen a bald person before
jaws drop to the floor
cause you see my name on the door
Rocking a mustache (like you've never seen) before
Lookin like the guy from Austria that started a war
What's going on? oh wait, no wait you gotta be kidding he didn't just say what I think he did, did he?
And what I'm gonna do? Nothin my buddies, i find it funny and I think those staches are money
We just want to be like Keith, but one thing you should know, you can try to imitate but you will never duplicate cuz...
I'm Keith Barfield
Yes I'm the
All you other Keith Barfields are just imitating
So won't the real Keith....
I'm gonna call our valet, they can get my dry cleanin',
they'll make bouquets, for my other half.....
they're the greatest concierge that's why they get paid,
No more errands left to run, now I got it made
And if it's downtown baby, I need to be dropped off
It's "yes" not "maybe", my cup is overflowin
It gives me the peace of mind, to know that I'm OK
No stress when it is mother's day my gifts on layaway
Habitat house, let us work it
put the frame up backwards let's reverse it
got 3 volunteering days left
got 3 volunteering days left
Got a soup kitchen, let me work it
Cut the carrots up, season it and stir it
got 2 volunteering days left
got 2 volunteering days left
Animal Shelter, let me work it
Clean the kitty litter, kennels, make it perfect
got 1 volunteering day left
got 1 volunteering day left
Got a bare wall, let me paint it
If it's wood panel, you know i can stain it
Got no volunteering days left
got no volunteering days left
(You can find me in Paris)
Go Vacay and still get paid yea
Cuz after ten years you can have a hay day
For a whole month PTO'n with your baybay
If you go to Florida, tell my gramps I say hey
You'll find me in Paris (par-eee)
With my family
I'm gonna take a month
Sabbatical for me
At the Eifel tower
Takin' a selfie
European holiday -- ten year anniversary
Barfield, Murphy, Shank & Smith is proud to announce that Scott Stevens and Patrick Bowman became Members on January 1, 2014.
Scott Stevens, his wife, Shelley, and their son, Owen, enjoy travelling and spending time outdoors. Scott is a member at Haven Field Community Church, where he serves as Treasurer.
Scott began his career in public accounting in 1997 and joined BMSS in 2000. He graduated from Stephen F. Austin State University with Bachelor’s and Master’s degrees in Accountancy. He is part of the firm’s Accounting & Auditing quality control team, is actively involved in the firm’s employee recruiting, serves on UAB’s Accounting Advisory Board and participates with the League of Southeastern Credit Unions.
Scott provides audit and consulting services for clients in the financial services industry, including credit unions, community banks and insurance companies, as well as manufacturers and businesses in the health care industry. Scott has taught training courses on credit union accounting and auditing including topics such as board literacy, NCUA regulations, and mergers and acquisitions. He also regularly meets with management and boards to discuss audit results and opportunities for improvement.
Patrick Bowman and his wife, Bennett, have two sons - Sam and Jack. Patrick lives in Hoover and enjoys fishing and traveling to the beach. His family is a member of Bluff Park United Methodist Church.
Patrick has worked in public accounting since 1999 and joined BMSS in 2001. He holds a Bachelor's and Master's degree in Accounting from Troy University. Patrick provides audit, review and compilation services as well as internal control reviews to clients primarily in the construction, manufacturing, governmental and not-for-profit industries. He has assisted clients during mergers and acquisitions, debt restructuring, strategic planning and has consulted clients regarding financial and operational issues and regularly presents financial statements and other reports to business owners and boards of directors.
Patrick is responsible for overseeing continuing education efforts for our governmental and not-for-profit auditors and monitoring updates in audit techniques and pronouncements. He serves on the Board of Directors of the Alabama Association of Nonprofits and is a member of the Government Finance Officers Association of Alabama.
Additionally, Henry Denbo joined Barfield, Murphy, Shank & Smith as a Member. Henry previously owned his own practice which he founded in 1986. He will provide accounting and auditing services to clients in the construction, manufacturing, distribution and not-for-profit industries. Henry is a licensed CPA in Alabama and California.
BMSS welcomes new employees to our firm! Henry Denbo joined as a Member. Alison Swindle, Senior Accountant, Jeff Moore, Staff Accountant and Randy Looney, Facilities & Maintenance Technician are our newest employees, plus Amber Lockwood, Abby Missildine and Auston Sullivan joined BMSS as interns for 2014.
Barfield, Murphy, Shank & Smith was named as one of the “2013 Best Accounting Firms to Work For” in the United States by Accounting Today magazine.
The “Best Accounting Firms” list was created by Accounting Today and Best Companies Group and honors the top 100 best places of employment in the accounting industry in the United States.
BMSS was the only firm in Alabama to make this list.
Company's workplace policies, practices, philosophy, systems and demographics were evaluated along with an employee survey to measure the employee experience. The combined scores determined the top companies and the final ranking.
What does this mean our clients? BMSS has a high level of employee satisfaction, low turnover and the ability to recruit topnotch professionals. We utilize our low turnover to minimize staff changes. Staff consistency allows us to reduce costs to clients and ensure long-term relationships.
At Barfield, Murphy, Shank & Smith we are always looking to create a better environment for our employees.
Barfield, Murphy, Shank & Smith is not like other accounting firms. Here, you can have a growing, fulfilling career - plus a life outside of work. We have created a workplace that encourages a LIFE / WORK balance.
CAREER OPPORTUNITIES: We are looking for candidates for a full-time Administrative Assistant.
Sound like your kind of place to work? If so, mail your resume to:
Barfield, Murphy, Shank & Smith
1121 Riverchase Office Road
Birmingham, AL 35244
WELCOME NEW EMPLOYEES! Jenny Gray has joined BMSS as a supervisor and will provide accounting and auditing services to clients primarily in the not-for-profit and governmental industries. Kyle Bradberry, Jennifer Mayfield and Conner Jones joined as staff accountants. Kyle previously interned at BMSS in the spring of 2013.
BMSS was designated as an INSIDE Public Accounting (IPA) 200 firm. The IPA 200 lists the largest accounting firms in the U.S. This is the second year in a row that BMSS was named to this list.
BMSS sister company, Payroll & Benefit Solutions, ranks as the 4th largest payroll service provider in Birmingham area per the Birmingham Business Journal. Payroll & Benefit Solutions provides you with LOCAL customer service, relationships and rates!
BMSS professionals are recognized as thought leaders and regularly provide insight and information when speaking to trade associations, conferences and civic groups.
Jack Knight, CPA, CVA presented a session entitled “Focus on Fraud” at the League of Southeastern Credit Unions Supervisory Committee Conference in Destin, Florida. Jack informed supervisory committee members at credit unions how and why fraud occurs and practical techniques for fraud prevention and detection. The League of Southeastern Credit Unions is the trade association for almost 300 credit unions in Alabama and Florida. The Credit Union Practice Group at Barfield, Murphy, Shank & Smith currently provides accounting, auditing and tax solutions to over 40 credit unions throughout the Southeast.
Myra Roberts, CPA, CVA, AEP spoke at the Dallas Private Forum on “Preserving Your Private Practice and Personal Wealth”. Myra provided guidance on asset protection and estate and succession planning to the private practice physicians attending the conference in Dallas, Texas. At Barfield, Murphy, Shank & Smith, Myra provides estate planning and estate administration services and business valuation services for succession planning, mergers, acquisitions and estate and gift issues.
Do you need a speaker for your group? BMSS professionals are prepared to talk with you about various accounting, auditing and tax topics. Contact email@example.com for more info.
BMSS is proud to announce recent employee promotions within our firm.
Promoted to Senior Manager was Cherion Sibley, CPA. Cherion has over eighteen years of accounting experience with a focus in estates and trusts, financial institutions and not-for-profit organizations. Cherion has extensive experience in taxation enabling her to provide comprehensive tax planning and compliance, research and consultation to individuals, not-for-profits and businesses. She serves on the Board of Directors of Childcare Resources and is a member of the Estate Planning Council and the Birmingham Tax Forum.
Promoted to Supervisor was Lauren Byrd, Ashley Caldwell, Marlene Cox and Mark Underhill.
Additionally, Tyler Crawford, Dan Post, AJ VanderWoude and Graham Travers were promoted to Senior Accountant and Caroline Cockrell and John Haggard were promoted to Staff Accountant B.
BMSS was named a "Best Place to Work" for 2013 by the Birmingham Business Journal. We ranked #4 in the Medium Size Company category.
The award was based on feedback from confidential employee surveys. Read the full article at the Birmingham Business Journal and see our firm mentioned in an article about the interesting stats of the Best Places to Work.
Accounting Today named Barfield, Murphy, Shank & Smith a "Regional Leader" in the Gulf Coast (Alabama, Florida, Louisiana, and Mississippi) as part of their 2013 Top Firms list. BMSS also made this list in 2012.
The report ranks accounting firms based on revenue and growth.
For the 6th year in a row, Abacus IT Solutions – BMSS sister company, will provide the telephone systems for the Bruno Event Team to use during the Regions Tradition Golf Tournament.
Abacus IT Solutions provides cable for voice and data connectivity and installs a telephone system enabling the Bruno Event Team to communicate with their corporate headquarters, as well as players, vendors and volunteers onsite during the tournament.
Let Abacus IT Solutions do a review of your business’ current IT infrastructure and telephone system. They can report on your current operating systems and applications, determine possible threats, formulate a hardware replacement timeline, and determine if there are ways you can save money. Abacus IT Solutions can integrate a telephone system using Voice over Internet Protocol (VoIP), paging and intercom systems, call center management, call recording and logging and enterprise messaging solutions.
Contact your BMSS CPA or Abacus IT Solutions at 443-5900.
BMSS has launched video tutorials that are free to access in the top right corner of our website. We realized there is a need to have step-by-step instructions for our new clients to learn how to access their client portal, as well as current clients who need a refresher on how to upload and download files. (As a reminder, clients can access their portal 24/7 at no cost.)
In addition to our client portal videos, we provided tutorials on how to backup QuickBooks files, enter manual checks and enter account payable bills into QuickBooks. These are questions we are asked often from our clients. We hope these instructions allow you to become more efficient and effective in operating your business. Do you have a topic you would like to see as a BMSS tutorial? If so, let us know!
BMSS Client Portal
Data Transfer Help
In this role, Keith will lead the Finance Committee, work with the Chamber staff on financial matters, provide monthly financial reports to the Board of Directors and serve on the Chamber’s Executive Committee. He has served on the Greater Shelby Chamber of Commerce Board of Directors since 2002.
BMSS sister company, Abacus IT Solutions, has hired Gib Johnson as President. Gib has over 25 years of experience in business development and technology. As President, Gib will oversee all executive decisions and operations of the company along with providing client solutions and client development. Greg Hardy will serve as Chief Operating Officer.
Abacus IT Solutions provides network assessments, monitoring, servers, data security back-up, accounting software consulting, and business telephone systems. If you would like more information on how Abacus IT Solutions can help your business, contact your BMSS CPA or Gib Johnson at 205-443-5921.
Barfield, Murphy, Shank & Smith is proud to announce that Daniel Brock and Cynthia Hudson have been named members of our accounting firm.
Daniel Brock, CPA, CVA started his career in public accounting at Barfield, Murphy, Shank & Smith as an intern in 1997. He specializes in financial statement audit, review and compilation services for clients primarily in the construction, manufacturing and real estate industries. As a Certified Valuation Analyst (CVA), Daniel performs business valuation services which are commonly required in conjunction with the purchase or sale of a business, succession planning, and estate and gift taxes. Daniel leads software training for staff, acts as our firm liaison to software providers and is involved with the firm’s information technology initiatives.
Cynthia Hudson, CPA joined Barfield, Murphy, Shank and Smith in 2005 and works on taxation issues with credit unions, partnerships, LLCs, S corporations, individuals and not-for-profit entities. Growing up in a family business, she brings her unique perspective to taxation for the business owner and not-for-profit organization. Cynthia often speaks to not-for-profit organizations and credit unions on tax-related issues.
We now have 11 members in our firm. For more information on our leadership...
Ken Howell and his wife, Sherry, are the parents of Nicholas and Sophia. For recreation, Ken's activities include golf, camping and fishing. ... read more
“Barfield, Murphy, Shank & Smith knows our business and is one of the few firms that understands the way construction accounting is done. We’re proud to be charter clients.”