Innovative Firm of the Year
Lattimore, Black, Morgan & Cain, Brentwood, Tenn. -- An accounting firm developing new services centered on Sarbanes-Oxley is not unique; using the opportunity provided by SOX to reposition your firm in the marketplace is. Lattimore, Black, Morgan & Cain developed a "Risk Services" practice area, providing Sarbanes-Oxley 404 assistance, internal audit outsourcing, IT assurance, SAS 70 engagements, and related services. The firm leveraged this new practice area to position itself as the premier 'second firm' for public companies. Since LBMC does not audit public companies, the firm was able to offer this comprehensive portfolio of non-attest services to public companies.
Innovative Firm Initiative of the Year
Todd Churchward, Baden, Gage & Schroeder, Fort Wayne, Ind. -- In 1996 Baden, Gage & Schroeder recognized opportunities in the State of Indiana's real estate assessment process. The firm put Todd Churchward, Tax Partner, in charge of Baden Tax Management. Todd developed a unique contingency-based fee model that enabled Baden Tax Management to offer tax services to clients who were overpaying taxes due to mistakes in the assessment of their commercial real estate. The division serves Fortune 500 clients and other highly capitalized companies in various industries. Baden Tax Management now has a team of 25 professionals and $3,500,000 in billings.




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