California Board of Accountancy Elects Michael Savoy as Secretary/Treasurer

Dec. 5, 2011 - PRLog -- Less than a year after being appointed to the California Board of Accountancy (CBA) by then Gov. Arnold Schwarzenegger,  Michael Savoy, managing director of Santa Monica-based Gumbiner Savett Inc., has been elected secretary/treasurer for 2012. In his new position, Savoy will perform a variety of duties that will help drive the organization forward and keep its finances in sound shape.

           “I look forward to my new position as an officer for the CBA,” Savoy said. “Protecting consumers and upholding high standards for the accounting profession is of great priority for me, as is assuring that this organization is financially strong. I am honored to be a part of this very important work.”

           Savoy enters his new position with 37 years of CPA experience. In addition to Savoy, Marshal Oldman, Esq. and Ms. Leslie LaManna, were elected president and vice-president respectively.

           Savoy, who has been with Gumbiner Savett Inc. since 1994, specializes in providing audit and financial reporting for privately held entities, litigation support and forensic accounting, tax planning and compliance, succession planning and exit strategies. In addition to his CBA position, Savoy is also on the Executive and Finance Committee of the Los Angeles Chamber of Commerce and a board member. He is immediate past chairman of the Americas Region Board of BKR International and is a member of the California Society of Certified Public Accountants (CalCPA), the American Institute of Certified Public Accountants (AICPA) and the Employee Stock Ownership Plan (ESOP) Association.  

           The CBA, which currently has 85,000 licensees, regulates the largest group of licensed accounting professionals in the nation. Its primary aim is to protect consumers by ensuring that only qualified licensees practice public accountancy in California in accordance with established professional standards.

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About Gumbiner Savett Inc.:
As one of the largest CPA and business advisory firms in Southern California, Gumbiner Savett prides itself as being a leader in providing strategic financial services including auditing, taxation, transaction support, litigation support, and general business consulting. For more information, please visit www.gscpa.com.