COCPA NewsAccount - Fall 2023

6 A Strong Mentor and an Open Mind Make the Difference for Ghana-Born CPA Isaac Adamu

Growing up in Ghana, Isaac Adamu was already working his way into the accounting profession; he just didn’t know it just yet. As his journey continued, an open mind, combined with a strong mentor relationship that still thrives to this day, helped him find his place in a rigorous but rewarding profession.

8 2023 Women to Watch: Leading by Example

On August 25, the COCPA honored five women – three Leaders of Note and two Emerging Leaders – for their significant contributions to the profession and their communities. Get to know these exceptional Women to Watch.

14 Mira Finé Shares a Love of Denver History with a Ghostly Twist

The product of a family whose Denver roots span multiple generations, Mira Finé loves the Mile High City and everything about it. Spurred by a love of history that her mother inspired, Finé has become a collector of ghostly tales whose settings include some well-known landmarks.

22 Educational Foundation Awards $112,400 in Scholarships

The Educational Foundation of the COCPA Board of Trustees awarded funds to 40 accounting students at 10 Colorado colleges and universities.

26 Take Simple Steps to Stay Ahead of Cyberthreats

What technologies, processes, and controls should be in place to best safeguard the systems, networks, programs, devices, and data that are critical to your business’ operations?

NEWSACCOUNT

A publication of the Colorado Society of Certified Public Accountants

Vol. 69, No. 3

Fall 2023

Officers

Diego Baca, Chair

Tobias "Toby" Clary, Vice Chair

Amy E. King, Treasurer

Angela Roberts, Immediate Past Chair

Alicia Gelinas, Secretary

Directors

Erin N. Breit, Ronald L. Goodrich, David Loucks, Amy King, Heidi M. O'Neil, Greg C. Pfahl, Tiffany Davis

Editorial Board

Isaac Adamu, Jack Allgood, Paul Elggren, Ken Fichter, Lori Anne Reinwald, Laura J. Theiss, Barbara J. Tedesko, Steve Van Meter, Michael D. West, Charlie Wright

Kelli Davis, Editor

Natalie G. Rooney, Contributing Writer Aiyana Scarborough, Blue Ocean Ideas, Design

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CHAIR COLUMN

Leadership Lessons from the 2022-23 Denver Nuggets

BY DIEGO J. BACA, CPA, CHAIR

As a young basketball fan, I was both blessed and cursed. On the one hand, I was able to watch Michael Jordan’s six championships with the Chicago Bulls and remember them clearly — all in the context of being a kid. It was magical. I saw some of the greatest moments in basketball history unfold as MJ led the Chicago Bulls with ease. I often look back and recount those memories with friends and others and get about as excited as I can get when telling such stories.

On the other hand, being a native of Colorado, I had the Nuggets. If you lived in Denver in the 1990s, you know that the Denver Nuggets might have been the worst team in basketball. Except for the incredible 1994 playoff run where we beat the top-seed Seattle Supersonics in the first round, it was a bleak time for Nuggets fans.

Fast forward to 2023. We are World Champions! To me though, the most impressive thing about this team isn’t that they won the title, but rather that they did it with the all-time best leadership I’ve ever seen. Let me explain.

LEADERSHIP FROM ALL

Sports leadership starts with the head coach. In organizations, we know that leadership also starts at the top of the hierarchy: chief executive officer, executive director, partner, etc. However, the Nuggets’ performance this year taught me that it doesn’t stop with the head coach, the coaching staff, or the front-office suits. Rather, leadership is a shared responsibility within a high-performing team.

At times, I slip back into the mindset that the partners, the senior managers, and the managers are the only “leaders” of my teams. But when you look at what

the Nuggets achieved this year through that lens, you can see great examples of leadership from what some call “role players.” Christian Braun, a rookie from Kansas, was a prime example. He came into the game, he played hard every single minute, and no task was too small for him. When the “big” moments arrived, Braun delivered.

DeAndre Jordan, an NBA veteran, sat on the bench for most of the Finals. However, you better believe DJ was coaching during every single play, timeout, and practice during the playoffs. It was very apparent that Coach Michael Malone set clear expectations for every team member's leadership potential and responsibility. This created ownership, accountability, and camaraderie that trumped all egos, especially in moments when it appeared that the Nuggets might be slipping a bit. As more experienced professionals, we must be intentional about giving our teams — especially younger members — clear expectations about how we want them to lead on a day-to-day basis. Many times in life we can get overwhelmed with the day to day, but I challenged myself to stop during the Fourth of July week and think deeply about how to engage our younger people differently.

And younger professionals, you can do your part by taking every assignment – big or small – as seriously as Christian Braun did. I have always said that a good indicator of success in life (however you define success) is how you react to doing the “little things” vs. the “big things.” Maybe some of us don’t have the skill sets that get us on the floor for every play, but we can still be champions of the team or the culture by being vocal and finding ways to influence using our experience and empathy in helping others be successful. In this way, we can all feel a sense of ownership for the success of the team every day.

THE WORK NOW WILL SHOW LATER

Many of us have heard the story of Jamal Murray, the Nuggets guard whose season ended two years ago after an ACL injury –an injury that often has a high probability of ending not just a season but an entire career. It was widely discussed on national media, and Murray himself teared up at the trophy ceremony thinking about the long struggle to go from not knowing if he’d ever play basketball again to becoming an NBA champion. There was one single Tweet from Murray, however, that demonstrated that he would be back playing and winning in no time: “The work now will show later.” We can all do well to repeat this phrase when things seem overwhelming and stressful.

Some of us have had setbacks in our careers, our CPA journey, and our lives. We work in a tough profession, operating in a space

where we may face tough situations. Like Murray, we can remind ourselves that whatever work we put in now – including the work of maintaining our relationships with those around us even in these tough circumstances – will help ensure our success later. This is so important to remember in the “results right now” society in which we live. But like Murray, the results will come.

THE NEW LEADERSHIP MODEL

If you made $47 million a year, were the No. 1 individual in your profession, accomplished things that have rarely been achieved before, and were under 30, what would your leadership advice to the world be? Would it be, “Just do what I did because clearly I know what I’m doing"?

I pride myself on my self awareness, and I would have said just that until I reflected on an individual who does the exact opposite: Nikola Jokic.

Frankly, I could teach a semester-long class on Jokic’s leadership qualities and why they work so well, but I’ll try to capture some of the high points here. If you’re not familiar with him and his style, I encourage you to binge-watch some video clips of his interviews and post-game press conferences and just listen to him speak.

HUMILITY

Being humble as a leader is tough. The very nature of the word “leader” indicates that you have some special assignment that is different from the antonym: follower.

Regardless, Jokic’s humility is shown in his responses to questions about his accomplishments. He always deflects to the team and the performance of the team. As a leader in assists, Jokic always reminds others that if it wasn’t for his teammates shooting the ball well and their efforts, the assists wouldn’t count.

Today, humility is in short supply. With social media and other avenues to boast about the individual, it’s tough to reset our minds to think back to two important facts: 1) we can’t do this thing called life alone, and 2) our gifts are limited.

In a professional sense, the CPA profession does a tremendous job of acknowledging both. We focus a lot on mentorship, sponsorship, and succession. We are one of the most collaborative professions in the world because we understand our limitations. Even then, I know I can be more aware of situations where I can be better at acknowledging my limitations and feeling comfortable leaning on those around me. It’s a strength to authentically acknowledge the gifts of those around us, but it’s more important to use the gifts of those around us to help others to succeed.

CAMARADERIE

I don’t know any of the Nuggets personally, but from what I can see, there is a high level of respect for Jokic as a team leader. From where does that come? It comes from the camaraderie that he clearly builds into the team culture. Whether it’s joking with teammates or throwing Murray into the pool after the championship win, it’s clear that Jokic maintains a positive relationship with every single person on that team. This is key to a winning culture.

As professionals, we don’t get to choose our colleagues, but because we are professionals, we should strive to have a good personal relationship with those around us. Get to know those who aren’t in your immediate circle. Find something in common with everyone you meet. Make people feel like they’re an integral part of the team. We often refer to this as inclusion, but it’s also, very simply, camaraderie. Taking the extra time to make everyone on the team feel like they belong and feel connected to leadership is a simple way to build a winning culture within an organization.

CHAIR COLUMN

ACCOUNTABILITY

With four minutes to go in the third quarter of game five against the Miami Heat, the Nuggets were down by four points: 60 to 64. If you saw the game, you saw some lethargy on the part of the Nuggets. They were missing some shots they had been making, and the crowd was quiet throughout much of the first three quarters. A video clip shows Jokic on the bench during a timeout being very animated with his teammates. While camaraderie is important to team success, direct feedback is just as important. Neither can be effective without the other, and Jokic exemplified this. After that animated timeout, the Nuggets started to play more intently and eventually won the game, clinching the NBA Championship! Giving tough feedback is inherently challenging. For teams to succeed, however, it must be done, and at times, that feedback must be delivered honestly and directly. One of the more notable times I was given simple, yet effective, direct feedback was as a staff auditor. My senior manager at the time was explaining something to me, and even though I was listening intently, he stopped mid-conversation and said, “Please make sure you write this down.” Instead of coming back to him with a thousand reasons why I didn’t need to do so, I thought deeply about it in the nanoseconds after he said it, and I just started writing. There were two reasons I listened to him: 1) I respected him and he treated me well,

and 2) I understood that there was a bigger point being made. While it’s a simple example, being direct with feedback will impact change. To be a championship-level team, direct feedback is essential.

FINAL THOUGHTS

To say that the Nuggets winning the title was exciting for me would be a major understatement. I had the privilege of attending the three finals games here in Denver (thank you, CPA profession, for allowing me access to experiences like these), and to see my home team win a title live was magical.

I can’t wait to see what awaits the 2023-24 Denver Nuggets, and I hope that this column helps you to facilitate discussions with your teams or clients on how to exhibit championship-level behaviors in your organizations.

Contact

Diego J. Baca at Diego.baca@ey.com.

The views reflected in this article are the views of the author(s) and do not necessarily reflect the views of Ernst & Young LLP or other members of the global EY organization.

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A Strong Mentor and an Open Mind Make the Difference for Ghana-Born CPA Isaac Adamu

BY NATALIE ROONEY

Growing up in Ghana, Isaac Adamu was already working his way into the accounting profession and laying the foundation to become a CPA; he just didn’t know it just yet. During summer school breaks, he worked in his grandmother’s shop, and thanks to his excellent math skills, he was assigned the tasks of taking inventory and reconciling the cash at the end of each day. “I wasn’t a math expert, but crunching through numbers was something that I enjoyed,” he recalls. “Looking back, I was being trained in accounting without realizing it.”

After graduating from high school, Adamu, who is now a senior manager — assurance services with Grant Thornton in Denver, moved to the United States to continue his education. His father, who owned a trucking company, was on the East Coast for business while Adamu was conducting his college search. He decided that his dream school would be away from the fast-paced lifestyle of the Eastern Seaboard, and he had read about Fort Collins, Colorado, described as an up-and-coming place to be. When he received an offer from Colorado State University, he accepted and moved west to attend. Adamu’s father and grandmother both suggested business school and accounting as a great fit for him, and although the introduction to accounting classes that Adamu took in high school were based on British accounting methods, he figured debits and credits were similar worldwide. “When I started taking my first few classes within the program at CSU, I liked the math, and I decided to go into accounting,” he says. He pursued finance as a second major.

A young Adamu in Ghana, 2014

Adamu in his early career days

Isaac Adamu, CPA

Adamu and his professional mentor, Steve Van Meter, remain close today

FINDING HIS WAY

Adamu graduated from CSU in 2008 – right as the Great Recession was really taking hold – and found himself at a personal crossroads. “I had my accounting degree, but firms weren’t hiring,” he says. He took a job selling cell phones for a large mobile service company but kept his eye on the ball. How could he continue to hone his skills so that he would be ready when an accounting job opportunity came around?

Adamu enrolled at the University of Colorado – Denver and began taking classes toward his Master of Science in Accounting while also feeling inspired to take a crack at passing the CPA exam. He scrabbled around, bought used materials on eBay, and began preparing. It took a year, but he passed each section on his

When Adamu made the switch to CLA, he had the good fortune to connect with one of the firm’s partners, Steve Van Meter, CPA (Retired). “Steve took a genuine interest in my career and wanted to help,” Adamu says. “He was the first mentor I really connected with who was able to help with career development. We spent a lot of time together, going to lunch, discussing clients, and just talking about things. A lot of mentoring just happened naturally.”

Adamu says his mentor/mentee relationship with Van Meter has been instrumental in his decision to stay in the profession. “Having mentors or coaches who can guide you through some of the uncharted waters and make sure you’re not going it alone has been so helpful,” he explains.

The immigrant experience also gives Adamu an alternative viewpoint to share with his clients and colleagues. “When I go into client or co-worker conversations, I have a unique perspective to bring to the table,” he says. “I start conversations with the mindset of getting to know people better and letting them get to know me as well. I try not to lead with what we’re there to talk about. I want to personalize things, build relationships, and get to know them before I jump in. My journey has progressed by building relationships, and at the end of the day, it’s very important to connect with people on a different level than just business all the time.”

LOOK FOR THE OPPORTUNITIES

When Adamu talks with others about their path to the CPA designation, he reminds them that although everyone’s journey is different, he does have some universal advice: Focus on building your own market value.

first attempt, studying every evening while working full time and attending school part time.

“I had a very busy schedule, but it taught me resilience,” he recalls. “I learned that this was something I had a passion for. Even though I wasn’t in the profession yet, it looked like I could do this.”

With the exam under his belt, Adamu began applying to accounting firms. He accepted a position with a small CPA firm in the Denver metro area and was excited to immerse himself in every aspect of the firm. After a year, he had completed the experience requirement and officially earned his CPA designation.

MENTORING MAKES THE DIFFERENCE

After a couple of years, Adamu was ready to expand his horizons, and he joined the team at CliftonLarsonAllen (CLA) in Denver. “At the time, the firm was starting to expand its private business audit practice,” he says. “I came in at the right time and was able to be a part of building a practice from the ground up.”

“What we do in the accounting profession is extremely challenging, and sometimes you might question if this is the right career choice for you, especially in those first three or four years. It helps when someone is willing to share his or her own struggles. I know how to navigate those waters now.”

HURDLES VS. CHALLENGES

Adamu says coming to the United States –and especially straight into its university system – presented some cultural issues. “I didn’t know how certain things were done here,” he reflects. However, he doesn’t necessarily describe what he faced as challenges. “I’d describe them as hurdles. It was about learning new things as I experienced them. A lot of times, the best way to learn something is to experience it or make mistakes.”

Adamu says that to this day, there are still things he thinks about a little bit harder from a cultural perspective. “Maybe things were a challenge, but I didn’t see it that way at the time,” he says. “It was more about a learning opportunity into the way things are done in the United States. Generally, I approach things with good intentions and give everyone the benefit of the doubt.”

“You might be working for a company and feeling like there’s nothing in it for you,” he says. “Regardless of what job you’re doing or opportunities you’re pursuing, you’re gaining experiences for yourself and building your market value. That will pay off. When you pursue new opportunities, your market value goes with you. Look at every job as an opportunity and gain as much from it as you can.”

Adamu also suggests actively seeking out people to help you along your way. Who would make good coaches and mentors?

“We’re all human beings, and we need each other,” he emphasizes. “We can’t do everything ourselves, so looking for those people who will help is critical.”

A coach/mentor relationship doesn’t have to be one person for 15 years either. Expand your horizons and consider multiple people even if they’re in different professions.

“Having positive people from diverse backgrounds around you is really critical as you navigate your journey,” Adamu adds.

Be open-minded as well. “You might be doing one thing now, but when a new opportunity comes your way, be open to it,” Adamu encourages. “You never know where it could lead you. And don’t forget to give back. When you start giving to someone else, you’ll be amazed at how many people and opportunities show up at your own door.”

"You might be doing one thing now, but when a new opportunity comes your way, be open to it. You never know where it could lead you."

Women to Watch: Leading by Example

BY NATALIE ROONEY

On August 25, the COCPA honored the following individuals with the 2023 Women to Watch Award. Leaders of Note have attained leadership positions within their organizations, made notable contributions to the accounting profession, helped improve their workplaces, and mentored others. Emerging Leaders have demonstrated leadership and made significant contributions to the profession and to their communities while on the path to the highest level of advancement. We congratulate them on their achievements and look forward to watching them soar.

LEADER OF NOTE

Sherri Baca, CPA

Executive Director, Pueblo City-County Library District

Sherri Baca, CPA, CPFO, MSLS, MBA, is the executive director of the Pueblo City-County Library District (PCCLD), which is where nominator Alexandria Romero, CPA, says she was fortunate to first cross paths with Baca. “She was a great teacher and a very strong, understanding leader,” Romero writes. “I was promoted three times while at PCCLD. Each of those promotions came under the direction of Ms. Baca. She valued her team and encouraged growth and upward movement.”

Romero says she attributes many of her professional successes to what she learned and gained from Baca over the years. “She invested her time, knowledge, and skills in others and is a great mentor for me,” she adds. “You can learn accounting skills in school, but becoming a great leader who manages the work appropriately comes from observation and from your mentors. Ms. Baca was that person for me. Even after leaving my position at PCCLD, I continue to be mentored and supported by her, which is something that I truly cherish.”

Part of the PCCLD’s mission statement is to support lifelong learning, which Romero says Baca exemplifies through her edu-

cation: a bachelor’s degree in accounting and an MBA, both from CSU-Pueblo, and a Master of Science, Library Science, from the University of Kentucky. Baca is a licensed CPA in Colorado and also a Certified Public Finance Officer, a designation issued by the Government Finance Officers Association (GFOA).

Romero writes that Baca is known in Pueblo as an influential leader who breaks down barriers and makes a path for other female leaders to follow. She is PCCLD’s

Boys and Girls Ranch, and PCCLD, she later joined these organizations as a full-time employee and organizational leader.

Baca’s dedication to her community is also demonstrated through her service on the Parkview Medical Center’s board of directors and investment committee, being selected as chair for both. She sat on the committee to hire the City of Pueblo chief of police and judged small businesses’ Coronavirus relief fund grant applications. Baca also served on the Colorado Special Districts Property and Liability Pool and is a graduate of the Greater Pueblo Chamber of Commerce Leadership Pueblo Program.

first executive director of Hispanic/Latino descent. “Sherri has been heavily involved with the public and our community through many volunteer activities and boards,” Romero writes, emphasizing that after serving on the boards of Roselawn Cemetery and Funeral Home, El Pueblo

“Throughout her career, Ms. Baca has continued to serve the public and her community in many ways,” Romero writes. “Whether it is mentoring other young female accountants, volunteering for community organizations, or breaking the glass ceiling for those to follow in her steps, Sherri Baca is Leader of Note and most deserving of this award.”

"Throughout her career, Ms. Baca has continued to serve the public and her community in many ways."

LEADER OF NOTE

Rhonda Sparlin, CPA

Partner in Charge, State and Local Tax, RubinBrown LLP, Denver

It takes a lot of time and dedication to ensure that legislators understand the impact of their decisions, and to that end, Colorado CPAs can thank longtime COCPA member Rhonda Sparlin, CPA, for all that she has undertaken over the years in support of the profession.

In her nomination letter, retired COCPA CEO Mary E. Medley writes that in addition to Rhonda’s significant leadership roles with the Colorado Chamber of Commerce, including service as its board chair, she has been active with the Chamber’s working group that interfaces with the Colorado Department of Revenue on various proposed legislative initiatives. “Her expertise and perspective are key in negotiating needed changes to improve the final legislation,” Medley writes.

Currently, Sparlin leads the state and local tax services group at RubinBrown LLP, consulting with businesses on issues related

to multistate income, franchise, and indirect tax issues. This involves support on legislative, regulatory, and controversy matters in multiple states. Her range of experience includes state and home-rule city audit process support, audit appeals, negotiation and litigation support, multistate planning, transactional analysis, refund reviews, taxability studies, voluntary disclosures, tax incentive analysis, and tax credit studies. Her 30-plus years of experience span the manufacturing, retail, technology, healthcare, service, software, mining, and utility industries.

As well, Sparlin has served as a RubinBrown Charitable Foundation trustee for the past two years.

Outside of the firm, Sparlin chairs the Colorado Association of Commerce and Industry (CACI) Tax Council, which represents all industries operating within the state of Colorado. On behalf of the Council, she has testified and commented on proposed

LEADER OF NOTE

Judy Thomas, CPA

Associate Professor, Regis University, Denver

Judy Thomas, CPA, not only graduated from Regis University, but after a 25-year stint working in industry, she returned to her alma mater as a fulltime professor. Now she’s impacting new generations of accounting professionals and helping them succeed.

Nominator Caitlyn O’Neil, CPA, senior tax associate at CBIZ in Denver, met Thomas through the COCPA Diversity, Equity, and Inclusion (DE&I) Committee. “I was blown away by Judy’s wisdom, kindness, and more,” O’Neil writes. “In her 30-plus-year career, she has mentored numerous individuals, including myself. She has always been a trusted advisor to me, and I know that I can depend on her for her wisdom. She always sets a clear example for people to follow, including her students. She is the definition of a servant leader.”

Matthew Daly, CPA, associate dean and professor of accounting at Regis, writes of Thomas’ deep understanding of accounting principles and practices that, combined with her strong organizational abilities, has enabled her to effectively manage the department's operations and guide the faculty and staff toward success. “Judy possesses an exceptional work ethic and consistently leads by example, inspiring those around her to strive for greatness.”

Dr. Johnnie R. Bejarano, DBA, CPA, CFE, CGMA, CGFM, a lecturer at Regis, describes how Thomas’ leadership skills have shaped the minds and careers of hundreds of students. “Once you meet Judy, you never forget her because she’s a humble servant leader and a motivated CPA who acts with a high level of integrity. She stresses behavioral and regulatory ethics in all of the classes that she creates, develops, and teaches.”

regulations and addressed other concerns to protect and support industry. Sparlin also serves CACI as chair-elect of the board and as a member of its executive committee. Volunteering her personal time is one of Sparlin’s passions. She is a member of the Big Brothers Big Sisters of Colorado Board of Directors, serving on its finance committee, currently as treasurer. She is not just a supporter of Mile High United Way but is a 20-year member (and counting) of its Tocqueville Society, an esteemed group of business and philanthropic leaders who devote time, talent, and funds to tackle the community’s most pressing challenges.

Sparlin enjoys playing golf and is the treasurer of the Fox Hollow Ladies Nine-Hole Golf Association. You might also find her enjoying Denver Nuggets basketball games or any outdoor activities in the Colorado sunshine.

Medley describes Sparlin as a mentor and advocate for the professionals with whom she works, last year nominating one of her colleagues, Ashley Granger, CPA, for the Women to Watch Emerging Leader award. Medley writes, “It was at the 2022 awards presentation that I realized Rhonda is a Leader of Note herself and deserves to be recognized.”

Outside the classroom, Thomas has served two four-year terms on the Colorado State Board of Accountancy and is a former member of the NASBA Communications Committee.

She is a longtime member of the COCPA Accounting Educators Committee, currently serves as vice chair of the DE&I Committee, and served on the 2021 Accounting Educators Conference Planning Committee. She is also president of the Educational Foundation Board of Trustees.

Since 2010, Thomas has served on the Fitzsimons Federal Credit Union, previously as chair, and is currently the board liaison to the supervisory committee.

Regis Academic Dean Shari Plantz-Masters, Ph.D., says that Thomas’ achievements and contributions to the profession and to the preparation of future accounting professionals are inspiring and surprising given her understated demeanor. “Ms. Thomas is a role model for her peers, ‘getting it done’ rather than talking about what needs to happen. She is a well-respected CPA and academic.”

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ACHIEVEMENTS

CONTINUED FROM PAGE 9

EMERGING LEADER

Kelsey Gore, CPA

Senior Manager – Audit, EY, Denver

High performer. Passion for people. Commitment. These are just a few of the words and phrases used to describe Kelsey Gore, CPA, nominated as an Emerging Leader by Diego J. Baca, EY senior manager and 2023-24 COCPA chair.

In his nomination letter, Baca writes about Gore’s commitment to people development. “She is consistently mentioned by her teams as one of the best coaches, and has been instrumental in developing our teams across the globe, investing countless hours and personal energy to help shape team members into highly functional professionals.”

In 2019, Gore accepted a rotation in the United Kingdom to support component teams in Europe – a long-held dream. And then the COVID-19 pandemic hit. “A world away, she made the best of the situation,

showing a tremendous amount of leadership by creating significant changes in how our team performed the audit in Europe,” Baca explains. “In an all-virtual setting, she was able to streamline certain processes within the audit that remain in place to this day. She set the standard on how to build client relationships, even virtually. Her positive impact will be felt for years to come.”

More recently, Gore traveled to work with the EY team in India. Her efforts were described as nothing short of exceptional as she helped team members grow in their abilities. One team member was so inspired that she came to the United States for a rotation and to earn her CPA designation. “Thanks in large part to Kelsey’s influence, that same manager will soon be able to join the U.S. firm as a manager,” Baca writes.

EMERGING LEADER

Caitlyn O'Neil, CPA

Senior Tax Associate, CBIZ, Denver

If the name Caitlyn O’Neil, CPA, sounds familiar, it’s because for the past several years, she has been consistently working to make a big impact. Honored as a 2021 COCPA Everyday Heroine and graduating in 2022 from the prestigious AICPA Leadership Academy, she sits on the COCPA Educational Foundation Board of Trustees and participates in numerous Society committees.

Nominator Sarah Jackson, CPA, managing director at CBIZ, writes, “Despite her relatively short time in the profession, Caitlyn continues to make an incredible impact. Not only does she give back to the community, but she also demonstrates leadership in all areas of her life.”

O’Neil’s leadership skills are rooted in the Colorado Future Business Leaders of Amer-

ica (FBLA), an organization that she joined in high school. Now, she is an FBLA Business Representative here in Colorado and serves on the national FBLA Finance Committee and as chair of its Diversity, Equity, and Inclusion Committee. A passionate advocate for helping students become strong and assertive leaders, O’Neil dedicates more than 100 hours annually to FBLA.

At her alma mater, the University of Northern Colorado, O’Neil serves as an advisor for the Epsilon Gamma Chapter of Alpha Omicron Pi, empowering collegiate members by listening, providing feedback, and helping them prepare for professional life.

In addition to these already extensive commitments, O’Neil also volunteers with several organizations around Denver, including

Gore has also jumped in to participate in EY’s recruiting efforts at the University of Denver, her alma mater. Baca describes her as one of the firm’s best ambassadors and a “shining example of what a CPA should be.”

As a participant in EY’s Professional Women’s Network, Gore connects and helps her female colleagues through various initiatives. “She is one of the biggest champions of well-being within the team, promoting the flexibility that comes with being in audit through her ability to get work done and still make time for the things that matter to her, which include travel and spending time with friends,” Baca explains. Despite all of the accolades, Baca says that Gore’s quiet humility and demeanor set her apart. “She doesn’t need any spotlight, recognition, or praise to give 100% each and every day,” he writes. “She is a positive person who sees the best in everyone and everything. Kelsey is the epitome of class and professionalism.”

the Dumb Friends League, an animal shelter, and the Denver Botanic Gardens.

Jackson describes O’Neil as a behind-thescenes leader who acts and drives results.

“She goes above and beyond to create a welcoming and inclusive environment for both her colleagues and peers,” Jackson writes.

“Caitlyn’s positive impact on both our company and the Denver community is felt far and wide. Her actions demonstrate integrity, competence, resilience, and objectivity. A go-getter, Caitlyn responds well to constructive feedback. She takes every opportunity to learn new skills and improve.”

Elizabeth Burkhalter, senior manager of the Young Member Initiatives within the Diversity and Inclusion Team at the AICPA and CIMA, met O’Neil through the AICPA Leadership Academy.

“Caitlyn does not let fear stand in her way, and she’s been able to rise above many hurdles along her career journey,” Burkhalter writes. “Caitlyn isn’t afraid to speak up and share what’s on her mind on various topics, and she has an excellent ability to listen

attentively to others’ feedback. Caitlyn truly embodies what it means to be a lifelong learner.”

O’Neil has openly shared the challenges of being autistic in the professional workplace, having authored several NewsAccount articles

on the subject and participating as a speaker in the COCPA DE&I Committee’s series, See Me: Stories of Diversity, Equity, and Inclusion.

Burkhalter notes that Caitlyn “has taught me so much about the importance of inclusive

Past Award Recipients

LEADERS OF NOTE

2022

Sarah Jackson, CPA

Meredith E. Kuehler, CPA

Dr. G. Suzanne Owens-Ott, CPA

2021

Lisa Hackard, CPA

Sebrina Ivey, CPA/PFS, CIA

Tammy J. Rivera, CPA

2019

Stephanie Drew, CPA, CFE

Amanda Jo Erven, CPA, CIA, CFE

Kelly Kozeliski, CPA

2018

Kimberley Higgins, CPA

Sharon Lassar, Ph.D., CPA (Florida)

Leslie Schaus, CPA

2017

Laurie Anderson, CPA

Jane Everhart, CPA

2016

Judy Cain, CPA

Christine Noel, CPA

Debbi Warden, CPA

2015

Lori Gibson, CPA

Katrina Salem, CPA

Laura Srsich, CPA

2014

Stacey Hekkert, CPA

Tracy Huggins, CPA

Judy Vorndran, CPA

2013

Peggy Jennings, CPA

Lynne Lehr-Buck, CPA

Sandy Shoemaker, CPA

work environments for neurodivergent individuals, and hearing what she has personally overcome to achieve her greatness today is very inspiring.”

EMERGING LEADERS

2022

Ashley N. Granger, CPA

Kelly Johnston, CPA

Kristy M. Lindquist, CPA

Kelly D. Watson, CPA

2021

Sarah Flischel, CPA

Allyson Lindsey, CPA

Alexandria Romero, CPA

2019

Janeen Hathcock, CPA

Elizabeth Maldin, CPA

Rosie Sanchez, CPA

2018

Kristin Holthus, CPA

Danika Greiner, CPA

2017

Ksenia Popke, CPA

Rebecca Kelley, CPA

Andrea Geerdes, CPA

2016

Erin Breit, CPA

Meghan Mahala Dack, CPA

Kerri Hunter, CPA

2015

Tyra Litzau, CPA

Monica Martinez, CPA

Shauna Shafer, CPA

2014

Mary-Margaret Henke, CPA

Jennifer Scholz, CPA

Jessica Seidlitz, CPA

2013

Jami Coulter, CPA

Georgia Phillips, CPA

Kelly Rodriguez, CPA

Rhonda Willert, CPA

Boosting Inclusivity: A New Leadership Paradigm

BY ANNA CONRAD, JD

As an accounting professional, you are recognized for your ability to drive results, manage risks, and optimize returns. However, in an increasingly diverse and interconnected world, strong leadership skills – particularly the ability to foster an inclusive environment – are becoming just as critical to success.

n its simplest form, inclusivity is about making everyone feel valued, heard, and included. A key element of that is creating a safe environment through respectful communication. According to a study by Deloitte, inclusive teams outperform their peers by 80% in team-based assessments. This statistic underscores the importance of inclusivity as both a moral and a business imperative.

Consider “Ben,” a former coaching client of mine. When we began working together, Ben was a vice president of finance for a mid-size manufacturing company and was slated to assume the CFO position within two years. However, Ben struggled with high turnover rates and low employee engagement. After six months of coaching that focused on communication skills and emotional intelligence, the employee engagement score in Ben’s department increased by 25%, and employee turnover dropped to zero. This example demonstrates the tangible, positive impact on business outcomes of leadership skills that support inclusivity.

How can you cultivate a safe and inclusive environment as an accounting professional? Below are four strategies that Ben used to boost inclusivity on his team.

RESPECT DIFFERENT COMMUNICATION STYLES

Not everyone communicates with facts and data. Some people prefer small talk or long discussions. It is the leader’s job to communicate in the way that’s meaningful to staff and to make it safe for all communication styles to be expressed and heard.

IHow Ben did it: We facilitated a three-hour session with Ben’s team to examine and discuss each team member's perceptions, needs, and communication styles.

PROMOTE OPEN COMMUNICATION

Encourage team members to share their thoughts, ideas, and concerns. When employees feel that their voices are heard, they are more likely to contribute their best work. How Ben did it: Ben began every staff and one-on-one meeting by inviting people to share one thing that they could celebrate and one challenge that they were experiencing. The fact that people started celebrating news from their personal lives served as a positive indication that they felt safe. Ben took this as a significant win because it showed that staff members realized that he cared about them as people.

DEMONSTRATE INCLUSIVITY IN YOUR INTERACTIONS AND DECISION MAKING

This could mean seeking input from all team members before making a decision, or ensuring that credit is fairly distributed for team successes. Communicate information, feedback, and the rationale behind specific decisions. In the absence of information, people will attempt to figure things out, and the truth is usually more positive than they assume.

How Ben did it: Ben made sure he communicated the "why" of decisions and how the team's work fit into the broader picture of the company.

RECOGNIZE YOUR BLIND SPOTS

Be aware of your blind spots – the hidden barriers that hinder personal and professional growth.

How Ben did it: We conducted a confidential 360-degree assessment for Ben, collecting feedback from multiple sources that served as the foundation of the coaching. Ben also followed up the assessment with questions to his direct reports, such as, “Where am I overor under-involved?” and “What can I do to better support you and your team?”

INCLUSIVITY YIELDS IMPROVED PERFORMANCE

In the accounting profession, where results are paramount, it can be easy to overlook the importance of these types of skills despite the value of inclusive leadership in improving business outcomes. By implementing techniques similar to those that Ben used, you can foster an environment where all team members feel valued and heard. In doing so, you will enhance your team's performance and position yourself as a forward-thinking leader.

Remember, as a leader, your job is not just to manage numbers but also to lead people. Let's embrace inclusivity as a vital part of our leadership toolkit.

Anna Conrad, CEO of Impact Leadership Solutions, is a highly sought-after executive coach, speaker, and author based in Colorado. Contact her at Anna@ILSInt.com.

WE WALK THE TALK.

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Mira Finé Shares a Love of Denver History with a Ghostly Twist

As a child, Finé frequently visited Downtown Denver with her mother, Glenela, who instilled in her children a rich love of history.

BY NATALIE ROONEY

The product of a family whose Denver roots span multiple generations, Mira Finé, CPA, loves the Mile High City and everything about it. Growing up, Finé’s mother often took her into Downtown Denver from their east Denver neighborhood to visit historic spots and share memories, like where the trolley car used to turn around. “She imparted all of this cool, historically based information on me as a kid,” Finé remembers.

However, some of these stories may have been exaggerated; Finé truly believed that the trolleys were turned by elephants at the elephant corral. While that may not have been the case, these adventures with her

mother instilled a love of history – especially Denver history – in Finé, and it has grown into a lifelong passion.

DISCOVERING DENVER’S GHOSTS

As a young CPA, Finé joined the board of directors for Denver Free University (now Colorado Free University), which offered free admission to many Denver historic sites. She took advantage of the opportunity to visit locations all over the city, including Union Station, where guards shared stories of the station and the surrounding area, formerly home to brothels.

Many of the Union Station stories featured ghostly elements, including a headless man who roamed around trying to find his head, a tale recounted by five different guards who claimed to have personally seen the apparition. The guards also reported hearing dance music coming from the third-floor ballroom, but each time they investigated, no one was there. “They would tell these stories over and over,” Finé says.

When Finé volunteered at Denver Children’s Hospital, she learned about a nurse who haunts Tammen Hall, which was built in 1932 for the training and housing of Children’s Hospital nurses. According to legend, the

nurse was pushed down the elevator shaft by her fiancé and left to die at the bottom. A spirit named Shane also allegedly resided on the main hospital’s fifth floor. “When you talk to some of the nurses from back in the day, they’ll tell you all about these spirits,” Finé says.

At the Denver Botanic Gardens, which is built on an old graveyard, Kyle, the longest serving night watchman, shared stories of Mary and the Night Watchman, some of the many spirits who haunt the grounds. Finé has even talked to the Gardens’ CEO, who reported experiencing some of these apparitions. And at the Lowenstein Theater, a community theater in the Capitol Hill neighborhood that closed its doors in 1986, people have reported hearing the voice of actor Raymond Burr after he recorded his show there.

HER FAVORITE GHOST STORY

Finé’s favorite ghostly tales center around the Croke-Patterson-Campbell Mansion, one of Denver’s oldest still-standing residences and considered one of the city's most haunted venues. Finé has been inside to explore four different times over the years. The mansion now operates as the Patterson Inn, and according to an article in 303 Magazine, while the owner previously downplayed the building's haunted history, he now leans into it.

Looking quite different than it does today and boasting a haunted history that still delights Denverites, Union Station was the largest structure in the West when it was completed in 1881. Photo: historycolorado.org

The mansion’s halls are said to be haunted by a doctor's wife and the ghostly figure of a young woman who appears to visitors. Past residents of the building have claimed to hear the cries of children.

When the mansion was renovated in 2011, the work crew reported seeing ghostly figures of children, hearing strange voices, and feeling unexplained changes in temperature. Workers discovered that work they had done the day prior was always in disarray when they returned. The property is rumored to be haunted by numerous other spirits, many of whom are said to have met untimely deaths. On one of Finé’s trips through the mansion, she visited a room within a room that was locked and nearly impossible to access. The space contained a 3-foot by 2-foot area of sand that was said to move like an ocean wave. The thought was that a child was buried there, but this was never proven, and the owner has since cemented over the strange feature.

SHARING HER STORIES

As Finé’s collection of stories grew, people were curious, and many wanted to know more. “Interest always grew around Halloween,” she says. “People at work would ask to hear the stories, so we’d gather in a conference room, I’d tell my stories, and then they would start sharing their own.”

Finé has been asked to share her stories with various COCPA groups, at the Moss Adams office (she retired from the firm at the end of 2020), and at other firms as well. Sometimes she speaks informally to small groups, while other times she finds herself in front of 45 people. During the pandemic, groups requested Zoom-delivered ghost stories.

To prepare for a presentation, Finé conducts research and finds material through organizations such as History Colorado. She was on the board of Historic Denver for many years, another source of information. “It creates great stories to think about what was in all of these historic locations over the generations,” Finé says.

PRESERVING THE PAST

Finé continues to build her historical knowledge while listening to those who have lived and worked in Denver. Those who share personal stories provide especially valuable background and material.

One of Finé’s former clients played as a child in the historic Molly Brown House, where her grandfather lived for a time. She described how she’d play with a woman on the third floor – but no one else could see anyone there. The client has since passed away.

Phil Goodstein, who has written many historical books about Denver, including The Ghosts of Denver: Capitol Hill, and The Ghosts of University Park, Platt Park and Beyond, has provided volumes of information for Finé’s Denver ghost stories as well.

Even with all the research and listening to other people’s stories, Finé worries that history is passing us by. “People don’t know about these things anymore, so we lose these stories over generations,” she emphasizes. “I want to get a sense of the history through the people who experienced it so we can preserve it.”

If all of these stories sound far fetched – and Finé says there are always doubters – know that each of the ghost stories is historically based. “When you hear and understand how all of these stories play a role in the city’s history, it’s so cool,” Finé says. “Whether the stories are real or not, whether you believe or not, it’s an experience in understanding history and culture and people’s beliefs.”

Finé says ultimately, stories are about the history of a place, and in her case, that’s Denver. She loves continuing to share those stories – ghostly or not. “It’s knowing details like there used to be Christmas lights running from the Capitol to the city and county buildings,” she says. “My mother described how those lights enthralled her as a child. These are history-based stories, and it’s something I love and continually learn and try to understand.”

Help us Share the CPA Story

Has your CPA designation taken you down an unusual career path? Do you have a unique hobby, interest, or side gig that’s become a passion? CPAs do all kinds of interesting things both professionally and personally, and we’d love to shine the spotlight on members' unique endeavors.

Please email Kelli Davis at kelli@cocpa.org to indicate your interest in being interviewed for an article or to let us know of a fellow COCPA member who has a story to tell.

in Denver and now operating as the Patterson Inn, is considered among the most haunted places in Colorado. Photo: pattersoninn.com

Oprah's Book Club Pick Explores the Impact of Human Divisions

BY JUDY A. THOMAS, CPA

If you are a fan of Oprah’s Book Club, you may already have read the nonfiction book, Caste, The Origins of Our Discontents, by Pulitzer Prize-winning journalist Isabel Wilkerson. If not, it’s well worth your time and will leave you with plenty to consider.

Caste compares three different caste systems that have existed, or currently exist, in three diverse places and times: those of India, Nazi Germany, and the United States. While one could argue that Wilkerson’s research is more anecdotal in nature than purely scientific, the book is eye opening and thought provoking.

While Caste certainly has its detractors – with some claiming that the atrocities committed by our ancestors have no bearing on rising racial tensions in the United States – Wilkerson argues to the contrary. She begins by describing the changing political and racial landscape of the United States in 2016 and incorporates her view of the three different caste systems. Wilkerson then describes the commonalities and differences among the castes. She substantiates her message with research-based stories, some of which are arguably difficult to read and digest. Wilkerson is graphic and factual in her description of how the lower castes were treated, especially in Nazi Germany and among slaves in the United States. It is interesting to ponder, when reading Wilkerson’s conclusions, how each culture has chosen to deal with this time in its history.

Wilkerson discusses the criteria that each of the three caste systems uses to determine who belongs in each tier, and goes on to share how those criteria are determined. For example, how much blood did it take to be considered a Jewish person in Nazi Germany or a Black person in the United States? How is each tier of the Indian caste system defined, and how – if at all – can one ascend to a higher tier?

After laying the foundation for the caste system, Wilkerson describes the implications and effects of each of the three on its respective society. In her research of the Indian caste system, she notes how the members of the caste are identified. India’s caste system is based on what is preordained by God. The caste system in India is a product of the Hindu religion, and though discrim ination has been outlawed in India, we would be naïve to believe that it does not exist.

Wilkerson chronicles the progress toward eliminating the caste system in the United States and asserts that full eradication has not been achieved. She notes that the threats perceived by those at the very top tier of the U.S. caste system will make eradication nearly or actually impossible.

As Wilkerson walks the reader through the history of the U.S. caste system, we learn that the lower castes’ progress toward ascension to the higher levels has not only disturbed the “normal” social order of the system but also instilled fear among those who find themselves displaced from the top tier. The top tiers find that jobs, status, neighborhoods, and such have been invaded by those who “belong” in the bottom tiers. In their “fear of displacement,” members of the top castes have attempted to push down those who they feel do not deserve their status within the hierarchy, oftentimes in violent and inhumane ways.

Caste, The Origins of Our Discontents clearly shows the caliber and depth of Wilkerson’s writing; it has been nominated for and honored with several awards. Whether you agree or disagree with its tenets, Caste offers thought-provoking insights that make it well worth the read.

Judy Thomas is vice chair of the COCPA Diversity, Equity, and Inclusion Committee. To learn more about the committee’s activities, contact Stacy Svendsen at stacy@cocpa.org

The DE&I Committee is proud to continue its See Me series and has also recently launched the For Me series, which brings awareness to mental health issues. All past See

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COMMUNITY

Welcome, New COCPA Members

The COCPA welcomes the following members, who joined in June and July 2023.

FELLOW MEMBERS

Eleonora Ashurst

Heidi Bontrager

Phyllis Caunt

Peter Christensen

Dustin Clark

Hannah DeAlto

Kyle Erne

Jamie Essenmacher

Paul Garrity

Hayleigh Gavaldon

Dan Grosdidier

Jacob Gulitz

Nathan Holloway

Miles Holter

Garrett Johnston

Griffin Johnston

Theresa Kistner

Dillon Kleihege

Avi Kohen

Haleigh Lyon

Emily Matthews

Toni Miller

Spencer Peeples

Leticia Robledo

Patrick Schumacher

Andrew Stadler

Nolan Summer

Russell Torres-Pineiro

John Tricarico

Everett Voelkel

Know any of these members? Reach out and welcome them to our community! Visit

STUDENT MEMBERS

Arabella Allan

Milinda Banegas

Kimberly Castaneda

Paola Castrejon

Grace Creamer

Brooklyn Cummins

Emma Davis

Ryan Heath

Noah Jenkins

ASSOCIATE MEMBERS

Brooke Gumber

Zachary Inman

Ari Klotas

Patricia Krol

Collin Lei

Elsie McManus

Matt Misegadis

Jasmine Pham

Michael Preiss

Ramses E. Ramirez

Brendan Reams

Wendy Robles

Jason Rodriguez

Olena S. Royal

Kavleen Singh

Elizabeth Slahetka

Noah Smith

Jaiden Spicher

Lia Stertz

Rachel Pearson

Evan Runde

Katie Trias

GET INVOLVED | GET CONNECTED

New members, are you looking for a way to get involved, meet others, and connect with your new professional community? Whether your passion is serving on a committee, participating in a special-interest group, or bettering your community, find the opportunity that speaks to you and join in!

Visit cocpa.org/get-involved to learn more.

Updates and Opportunities Related to COCPA Committees, Working Groups, and Boards

MEMBER CONNECTIONS COMMITTEE

THIRSTY THIRD THURSDAY

In July, COCPA members brought their best swing to Topgolf in Centennial for Thirsty Third Thursday. For more information on upcoming Thirsty Third Thursdays, sponsored by TriNet and Human Interest, visit cocpa.org//thirsty-third-thursday.

All COCPA members and their guests are welcome.

Members toasted the final 2023 Summer of Fun event in August with a tour of Breckenridge Brewery in Littleton.

Attendees of the July 28 Young Professionals Conference gathered to share perspectives and learn more about navigating career choices, managing burnout, and leveraging personality strengths in the workplace.

The conference was sponsored by the COCPA Emerging Professionals Initiative Committee (EPIC), formerly known as the Young Professionals Council. For more information on EPIC, contact Abbey Aguirre at abbey@cocpa.org

Looking to share your time, talent, and expertise on a COCPA committee, working group, or board while connecting with other members? Visit cocpa.org/get-involved or contact Stacy Svendsen at stacy@cocpa.org to learn more about volunteer opportunities.

EMERGING PROFESSIONALS INITIATIVE COMMITTEE (EPIC)

SUMMER OF FUN

Halloween Helping Hands

MAKE A DIFFERENCE. Volunteer or donate today.

The COCPA Nonprofit Working Group invites you to join them in giving the children receiving treatment and care at Brent’s Place a frighteningly fun Halloween.

DONATE funds to help purchase Halloween costumes, decorations, and candy.

VOLUNTEER at Brent’s Place: 12pm, Oct. 31, 2023

Wear your costume, hand out candy and see it all come together!

All donations must be made by Oct. 1st.

Foundation Awards

$112,400 in Scholarships

The Educational Foundation of the COCPA Board of Trustees awarded $112,400 scholarships to 40 juniors, seniors, and graduate students for the 2023-24 academic year, spread across 10 Colorado colleges and universities. Congratulations to the following future members of the profession.

2023-2024 EDUCATIONAL FOUNDATION OF COCPA BOARD OF TRUSTEES

President Judy A. Thomas, CPA Regis University, Denver

Vice President Stephanie Daniels, CPA, MAcc RubinBrown LLP, Denver

Treasurer Caitlyn O’Neil, CPA, MT CBIZ, Denver

Past President Alexandra (Alexie) Tune, CPA, MAcc Deloitte LLP, Denver

Executive Director Paul Greiving Colorado Society of CPAs, Englewood

Laurie J. Corradino, CPA, Ph.D. Colorado State University – Pueblo

Jeffrey Damm, CPA SM Energy Company, Denver

Alicia Gelinas, CPA Colorado Society of CPAs, Englewood

Tiffany Knight, CPA Kundinger, Corder & Montoya, P.C., Denver

Matthew Ogaz, CPA, MAcc CoBank ACB, Greenwood Village

Alexandria Romero, CPA, MPAcc City of Pueblo

BDO LLP Scholarship

Arabella Allan, University of Denver

Grace Creamer, University of Denver

Crowe Scholarship

Jenna Abeyta, University of Denver

David Dirks Memorial Scholarship

Latrice Lewis, Metropolitan State University of Denver

Deloitte LLP Scholarship

Brooklyn Cummins, University of Denver

Eide Bailly LLP Scholarship

Cole Munoz, Colorado State University –Pueblo

EY LLP Scholarship

Ryan Heath, University of Denver

Gordon Scheer Scholarship

Theresa Hornung, University of Colorado –Colorado Springs

Hugh C. Braly Scholarship Sydney Mattei, University of Denver

KPMG LLP Scholarship

Melanie Chafin, University of Denver

Mark and Victoria Smith Family Foundation Scholarships

Jason Rodriguez, University of Colorado –Colorado Springs

Allison Shehorn, Colorado State University – Pueblo

Holly Trujillo, University of Denver

Mary E. Medley Scholarship

Paola Castrejon, Regis University

Medley/Cloud Scholarship

Kirby Berke, University of Denver

Mira J. Finé, CPA Scholarship

Brendan Reams, University of Colorado –Boulder

Moss Adams LLP Scholarship

Jaiden Spicher, University of Denver

Otto and Betty Butterly Scholarship

Beth Backora, University of Colorado –Colorado Springs

Past Presidents Scholarship

Gabriele Eidukeviciute, University of Denver

Plante Moran Scholarships

Mathew Belter, University of Colorado –Boulder

Emma Davis, Colorado Christian University

Canyon Hill, University of Colorado –Colorado Springs

Jacqueline Natrasevschi, Colorado State University – Fort Collins

PwC LLP Scholarship

Patricia Krol, University of Colorado –Boulder

The Teresa Christensen Memorial Scholarship

Kavleen Singh, University of Denver

General scholarships

Katherine Daniels, University of Denver

Derek DesLauriers, University of Denver

Michael Gumataotao, University of Denver

Inez Herrera, Western Colorado University

Ari Klotas, University of Denver

Josephine Le, University of Colorado – Denver

Collin Lei, University of Denver

Elsie McManus, Metropolitan State University of Denver

Michael Preiss, University of Denver

Scarlett Remer, University of Denver

Olena Royal, Regis University

Lia Stertz, University of Denver

Corin Turner, University of Denver

Community College Accounting Scholarships

Cristal Berumen Alvarado, University of Colorado – Boulder

Pauline Frahm, Regis University

The COCPA Educational Foundation Board of Trustees extends a special thanks to the following faculty and academic staff who have supported these scholarship recipients in their studies and served as a scholarship referral:

Joe Giordano, Metropolitan State University of Denver

Matthew Daly, Regis University

Christopher (Kit) Maxwell and Denise Probert, University of Colorado – Boulder

Kristine Brands, Sheri Trumpfheller, and Kirkland Wilcox, University of Colorado – Colorado Springs

Ryan Casey, Kathleen (KED) E. Davisson, Richard Dumont, Beth Flambures, Tom Hall, Sharon Lassar, and Suzette Loving, University of Denver

Paula Mann, Western Colorado University

CPAs make a DIFFERENCE

Celebrating 2023

November 09, 2023

Everyday Heroes and Heroines & Welcoming Newly Licensed CPAs

Register now for the celebration!

Westin Denver Downtown cocpa.org/CPAsMakeADiff

Every single day, CPAs are quietly transforming businesses and impacting lives across Colorado.

CPAS MAKE A DIFFERENCE is our chance to honor this significant career path by acknowledging the recent contributions of CPAs and recognizing new CPAs within our professional community.

CPAs Make a Difference is an evening for all CPAs and their families to honor our profession, celebrate our success, and welcome the future.

TAKE SIMPLE STEPS TO STAY AHEAD OF CYBERTHREATS

BY RICHARD CROCKETT

Cybersecurity is defined as “the application of technologies, processes, and controls to protect systems, networks, programs, devices, and data from cyberattacks. It aims to reduce the risk of cyberattacks and protect against the unauthorized exploitation of systems, networks, and technologies.”

What implements should be in place to best safeguard these critical aspects of your business’ operations? Here’s what to consider when trying to achieve digital security in today’s environment.

The typical off-the-shelf anti-virus program is no longer a complete solution for emerging threats. For example, such programs may not protect against advanced malware hidden inside legitimate website ads or links, nor massive exploitations of software using common programming libraries and techniques, which can also affect network equipment. Without the proper systems in place, ransomware – malicious software designed to block access to a computer

system until a sum of money is paid – can disable a business for days, weeks, or even months.

To minimize the chances of these and other scenarios, it’s worth a review of your cybersecurity practices to ensure that your information and that of your clients is always secure. This is a critical consideration as a cost of doing business, and several tools are available.

ELEVATE PROTECTION WITH AN EDR TOOL

Using an endpoint detection and response (EDR) tool in place of a traditional anti-virus product is a good first step. This newer type of protection uses artificial intelligence (AI) to watch a computer’s processes in the background. If the AI detects behavior that is typical of a virus, malware, or ransomware, it will quarantine it. This type of protection can even talk with other versions of itself at your office and learn from others.

PROTECT YOURSELF FROM YOURSELF

Another tool to consider is one that protects you and your team from yourselves. Phishing attempts can be convincing, and a misguided click can lead to trouble. Installing a tool to filter known malicious sites (otherwise known as content filtering) is worth strong consideration. Your information technology (IT) team or managed service provider can install these tools to prevent anyone in your office from accidentally or intentionally accessing content that they shouldn’t.

CONSIDER A VAULT AND A LAYERED APPROACH

A business-caliber password and multifactor authentication tool is another crucial consideration. This is important no matter the size of your business and can even serve an important purpose when it comes to your personal use of technology. Using a password manager, generator, and vault – which

allows you to use much more complex passwords without having to remember them – not only improves security but also boosts efficiency. Many solutions have Windows or MacOS applications, browser extensions, and mobile applications.

An application-based multi-factor authentication product, sometimes referred to as two-factor or 2fa, offers a layered approach to securing data and applications. This approach requires a user to present a combination of two or more credentials to verify his or her identity in order to log in. Application-based, versus text message-based, authentication is best.

File sharing is another potential area of concern. With many businesses having moved, or considering a move, to the cloud and away from traditional file servers, it is important to understand how a file-share service keeps your data secure. Is your data always secure? Watch for the important

terms, “end-to-end encryption” or “encryption in transit and at rest” to ensure that your data is always encrypted. There are other factors to consider when looking at a business-caliber file-share service. Your service should allow you to easily control who has access to specific organizational data. It should also allow you to securely transfer a file or files via a password-protected or limited-time link. Transmitting data this way rather than attaching sensitive information to an email will help ensure that it doesn’t fall into the wrong hands.

MONITOR CONTINUOUSLY

Last, and just as important, your IT team should be actively managing your company network. This means that your network assets are being monitored and kept up to date. Without this, a network could be vulnerable to future threats such as Log4j, a

huge exploit that made software and hardware alike vulnerable to threats.

Online security threats have become not only more sophisticated but also more commonplace: Google data reveals a 350% surge in phishing websites during the COVID-19 pandemic. As a business owner or manager, it’s more important than ever to have in place the right team and the right tools to keep your business safe. Talk to your IT team about what you’re doing to protect your business and data from modern threats. It is an essential consideration for keeping your information secure and your business thriving.

Richard Crockett is the business success manager at ContactPC in Englewood. Reach him at richard@ContactPC.com

To learn more about or join the COCPA Technology Users Group, contact Stacy Svendsen at stacy@cocpa.org

MEMBERSHIP PROGRAM

Support Your Team. Support the Profession.

The COCPA 100% Membership Program helps save your team time and money. At the same time, it demonstrates your organization’s commitment to the profession. Together, we are 100% strong.

Benefits include:

CONCIERGE-STYLE attention from COCPA’s membership team

RECOGNITION of your firm and team (both online and in print)

DISCOUNTS towards training that helps make your team smarter

STREAMLINED dues processing

So much MORE!

THANK YOU to our 100% Member Firms

Causey Demgen & Moore, PC

Cherry, Ogle & Quinn, PC

Eide Bailly

FORVIS, LLP

Grant Thornton LLP

Haynie & Company

Johnson and Associates, CPAs, PC

Kundinger, Corder & Montoya, PC

Marrs Sevier & Company LLC

MGPM, PC

Moss Adams LLP

Plante Moran LLP

Reese Henry & Company, Inc.

Rubin Brown, LLP

Soukup Bush & Associates

CPAs, PC

WhippleWood CPAs, PC

MOVERS & SHAKERS

ANDY BRAHM, CPA AND GREG HORNUNG, CPA

Andy Brahm, CPA, and Greg Hornung, CPA, were each promoted to partner with Plante Moran, Denver.

DWC CPAS AND ADVISORS

JANEEN HATHCOCK, CPA

Gov. Jared Polis appointed Janeen Hathcock, CPA, to the Advisory Committee on Governmental Accounting. Hathcock is a senior audit manager with Eide Bailly, LLP, Denver.

DWC CPAs and Advisors, with offices in Grand Junction, Glenwood Springs, and Montrose, announced the following promotions:

Erin E.

principal.

was promoted to audit supervisor.

Vennessa M. Distel was promoted to tax senior.

TAX STUDY GROUPS

Denver Tax Study Group

Stockman Kast Ryan + Co., LLP, headquartered in Colorado Springs, has opened an office in Greenwood Village.

TUESDAYS, VIRTUAL ONLY

NOON-2 PM MT

Sept. 26, 2023

Oct. 24, 2023

Dec. 5, 2023

Register at www.cocpa.org.

Boulder/Longmont Tax Study Group

Do you have good news to share about your organization, such as a staff promotion, award, or new hire? Send your Movers & Shakers announcements to Kelli Davis at kelli@cocpa.org.

WEDNESDAYS, VIRTUAL ONLY

NOON-1 PM MT

Oct. 4, 2023

Nov. 1, 2023

Dec. 6, 2023

For more information, contact Lynn M. Mitton, CPA, MT, MPA, 303-499-7445, or email lmitton@tandemcpas.com.

Darnell

Sarah J. Fischer, CPA, was promoted to

Megan K. Lawson was promoted to tax senior.

Lori A. Miller was promoted to tax supervisor.

Kevin P. Rosson was promoted to audit supervisor.

Katie J. Taylor, CPA, was promoted to tax manager.

Zach A. Thomas was promoted to tax senior.

CLASSIFIEDS

PRACTICES FOR SALE,

PURCHASE, OR MERGER

Selling your practice in 2023 or looking to purchase a practice? Let’s talk!

If 2023 is your year to sell, please call us today to start the process. Selling your firm is complex. ACCOUNTING BIZ BROKERS can help simplify the process! We have been selling CPA firms for over 18 years, and we know your market. We have a large database of active buyers. We work with industry specific lenders eager to assist buyers with financing. Kathy Brents, CPA, CBI, at 866-260-2793 or Kathy@AccountingBizBrokers.com, or visit our website at www.AccountingBizBrokers.com.

CURRENT LISTINGS:

Colorado Based Virtual Payroll Service

Gross $8822k (NEW)

Denver CPA Firm

(Partial Sale) Gross $562k (NEW)

Fort Collins Tax Practice

Gross $84K

IN MEMORIAM

We extend our sympathy to the family and friends of the following COCPA members:

Daniel P. Bloomdahl

Westminster, Colo., member since 1960

Lawrence “Larry” G. Robinson Sr. Englewood, Colo., member since 1975

Terry T. Scamehorn

Longmont, Colo., member since 1970

Leon F. Smalley

Fruitland, NM, member since 1990

30 years experience in public accounting

25 years of service with Lang & Company, CPAs

13 years experience as a business broker for CPAs

Providing buyer consultation as well as full service business broker services

Please call for your free consultation

303-726-7646

www.thomaslangcpabroker.com

tom@thomaslangcpabroker.com

Colorado Real Estate License and CPA license

Member of the Colorado Society of CPAs