Our firm was started on September 1, 1984, by Gary R. Bozel. Subsequently, Fredric R. Smith has joined our firm as a shareholder. The principals of the firm have experience in many facets of public accounting and private industry, inclusive of the areas discussed in this website. Their background is as follows:

Gary R. Bozel, CPA, 27 years experience in public accounting, with a B.S. degree in Accounting from Towson State University. Serves as president of the firm including responsibility for the financial, marketing, personnel and staffing requirements. Also has direct responsibility for the performance and completion of client services, including direct supervision of firm personnel.

Fredric R. Smith, CPA, 24 years experience in both public accounting and private industry as controller. Graduated from Towson State University with a B.S. degree in Accounting. Responsibilities include marketing and staffing requirements. Also has direct responsibility for the performance and completion of client services, including direct supervision of firm personnel.

As a medium sized firm, we take pride in the fact that we can provide a more personalized service to our clients. We feel that there are some distinct advantages associated with a firm our size. Our priorities rest with our clients and their needs. Many of our clients desire the ability to contact their accountant on short notice in order to handle various circumstances. They demand an attitude which follows an avenue of independence to third parties, but also as an advocate of the firm in advisory arrangements when necessary. The quality of our personnel is of primary importance since they deal directly with our clients, as well as minimal turnover, in order to provide a continuous relationship over a long-term period.

PUTTING OUR QUALITY TO THE TEST

We believe that it is not enough just to stress quality within our firm, we also need to test that quality and report the results of those tests to you, our client.

That is why we volunteered to join the Private Companies Practice Section (PCPS) for CPA Firms and undergo a peer review of our quality controls every three years.

One of the requirements of membership in the Division is a review, every three years, of our quality control policies. The review is conducted by our peers, specially trained CPAs from other firms. Our most recent review was completed as of June 30, 2005, and resulted in an unqualified opinion.

The results of this examination are available to the public. That public disclosure is a serious commitment to excellence, and it accurately reflects the degree of our commitment. We would be pleased to provide you a copy of our most recent peer review report. Please click on the Internet Links Tab at the top of the page to access this report or copy and paste the link below into a web browser.

http://peerreview.aicpaservices.org/scannedDocs/10084130REV.PDF

Our other measures for maintaining quality, which also are requirements for membership in the Division, include an average of 40 hours per year of continuing professional education for all members of our professional staff. We routinely conduct internal inspections of work being performed. We carefully screen prospective staff members. We continually check for independence, and we routinely demand close supervision of all engagements.

The Division was created in 1977 by the American Institute of CPAs. Membership is open to all accounting firms, though not all firms have volunteered to join. We did, because we believe that anything we can do to improve and maintain quality should be done.

Our quality is important to us, because we know it is important to you.