Parente Randolph LLC

A thirty year veteran of the accounting profession, Bob spent four years working with an international accounting firm in various capacities prior to joining Parente Randolph in 1979. He served as Parente Randolph s President and Chief Operating Officer from 1990 to 1999 and was elected Chairman and CEO in 2000. Since 1990, the Firm has grown in excess of 10% each year and a series of new services have been introduced, including forensic accounting and litigation services, healthcare consulting, investment banking, human resource consulting and a corporate governance/risk management practice. Bob was instrumental in transitioning Parente Randolph from a Northeastern Pennsylvania Firm to a multi-state Firm with a significant presence and corporate headquarters in Philadelphia. While Bob is primarily responsible for the operations of the Firm, he also provides strategic planning and generation transition services to owners of privately held businesses.

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Jeff has over 20 years experience in public accounting and has concentrated his efforts in Senior Living Services. He is Parente Randolph's Chief Operating Officer as well as the Principal in Charge of the Philadelphia Region. He also serves on the Firm's Executive Committee. Jeff's responsibilities include audits of health care clients, including skilled nursing facilities, personal care facilities, continuing care retirement communities and home health/hospice agencies. He also prepares and reviews third-party cost reports and prepares analysis to support the appeals of third-party cost reports, such as expert testimony, financial forecasts, projections and feasibility studies. Jeff has spoken before many professional and educational groups on the subjects of accounting, auditing and various issues related to the senior living services industry.

Andrew Nichols, CPA, has been named Audit Principal in the Firm's Commercial Enterprise Group for the North Central Region. He has been with Parente Randolph since 1990, serving both publicly and privately held companies. His areas of expertise include manufacturing; not-for-profit, financial institutions and pension plan audits. Nichols earned a bachelor of science degree from Bloomsburg University. He is a member of the American and Pennsylvania Institutes of Certified Public Accountants.

Dave has over 17 years of experience in auditing, accounting and consulting for financial institutions, higher education institutions and not-for-profit entities. He was with an international firm of certified public accountants prior to joining Parente Randolph in 1991. Currently, Dave is Assistant Director of the Higher Education Group. He also serves on the Firm's Executive Committee. Dave provides services to numerous financial institution clients across Pennsylvania. His current client base includes both publicly and non-publicly traded institutions ranging from $25 million to $2 billion. Dave is an active member in various industry organizations and has given presentation on numerous industry topics. Dave has current client responsibilities for over 30 higher education clients and 15 financial institutions throughout Pennsylvania. Dave has also conducted various consulting engagements related to endowment management, government compliance, and operations analysis.

David Naser, CFE, CPA, is a principal in Internal Audit & Risk Management Services with ParenteRandolph, LLC in Philadelphia, Pennsylvania. Mr. Naser is also a past president of the Philadelphia Area Chapter.

Dennis is a graduate of Temple University where he earned a Bachelor of Science degree in Business Administration and has supplemented his education with various continuing education courses.

Doug is a partner in Parente Randolph s Senior Living Services Group. Doug has over 20 years experience in providing a wide variety of health care and real estate consulting services. His experience includes the areas of market demand and financial feasibility studies, capital financing, third-party reimbursement, development process services, merger and acquisition, strategic planning and operational reviews. His industry knowledge includes all facets of the health care industry including nursing homes, assisted living facilities, home health agencies, continuing care retirement communities and comprehensive outpatient rehab facilities. He has an extensive background in the planning, development, operation, development process services and financing of long-term care/assisted living/retirement housing projects.

Edward Kollar, CPA, CSEP, EA, a Senior Manager in the Tax Department at Parente Randolph, LLC, has been elected to serve as president of the Estate Planning Council of Northeast Pennsylvania for 2006-2007. The election took place at the group's May meeting. Kollar, who has been with Parente Randolph for more than six years, focuses on the Firm's Not-For-Profit and CEG Divisions. The membership of the Estate Planning Council of NEPA includes representatives of trust companies or banks maintaining trust departments; Chartered Life Underwriters; attorneys; Certified Public Accountants and Public Accountants; and associated professionals who are professionally involved in the areas of estate and financial planning. The organization meets six or seven times a year with a primary focus of keeping abreast of current developments in the estate planning and taxation fields.

Rob has many years of experience in international tax matters. He joined the Firm in July, 2003, and brought with him a diversified background and significant experience and expertise in global tax planning and analysis. As the Principal in Charge of International Tax Services, Rob works with clients in a variety of industries including food, pharmaceuticals, electronics and communications, banking and industrial markets. His areas of expertise include: formulating tax-efficient business structures for non-U.S. companies coming into the United States or U.S. companies going overseas; identifying business motivated cross-border financing strategies; helping U.S. persons navigate through the U.S. anti-deferral provisions related to controlled foreign corporations and passive foreign investment companies; coordinating the delivery of global tax services; identifying earnings and profits and foreign tax credit planning opportunities; assisting companies develop global reporting packages; and providing due diligence assistance related to foreign mergers and acquisitions.

John A. Beattie, CPA, CFE, whose new position is Principal in the Healthcare Services Division in the Harrisburg office, has been with the Firm since 1997. His 14 years plus of experience in the healthcare area includes the direction of forensic, financial related and operational audits. He formerly was a supervisory auditor for the Department of Health and Human Services, Office of Inspector General (OIG). During his career with the OIG, he coordinated the investigation of hospitals in 17 states involving laboratory billings and served as a regional training coordinator. Beattie has also performed compliance engagements including voluntary, as well as those mandated under corporate integrity agreements. In his new position, he will have expanded responsibilities that include Government Services and increased emphasis on Healthcare Forensic Investigations. He earned a B.A. from Temple University and has supplemented his education with a variety of conferences and seminars. He holds membership in the Pennsylvania Institute of Certified Public Accountants, Association of Certified Fraud Examiners, Health Care Financial Management Association, Health Care Compliance Association, Clinical Laboratory Management Association and American Health Lawyers Association.

John is a member of Parente Randolph's Public Sector and Higher Education Groups. His areas of expertise include audits of state and local governments, institutions of higher education and other not-for profit organizations. During his 19-plus years with Parente Randolph, John has been instrumental in developing and maintaining the public sector audit practice in central Pennsylvania. His experience includes "Yellow Book" and Single Audits of county and city governments, boroughs, public utility, housing, transportation and finance authorities, school districts, intermediate units, private colleges and state universities, vocational-technical schools, federally funded research institutes, religious organizations, community foundations and other not-for-profit organizations. John also has significant experience in assisting clients with achieving the prestigious Government Finance Officers Association (GFOA) Certificate of Achievement for Excellence in Financial Reporting. John has authored several articles for both the Pennsylvania Association of School Business Officials (PASBO) and the Association of Government Accountants and frequently serves as a guest lecturer for PASBO, the Pennsylvania State Association of County Controllers and other professional organizations.

Mary Meyers, CPA, CBA, CRSA, CRCM has been named to the position of Principal in the Firm's Financial Services Division in the Wilkes-Barre office. She has been with Parente Randolph since 1993 and has been the head of the Financial Services Internal Audit and Compliance Consulting Division. Her areas of expertise include internal audit, information systems auditing, electronic banking, regulatory compliance, trust examinations, operational reengineering studies and loan review. She has extensive experience reviewing general, application and security controls, including application change control procedures, logical and physical access controls, backup procedures, system development and business contingency planning and testing. Meyers also leads SAS 70 third-party reviews for data centers that process transactions for user organizations. She earned a bachelor of science degree in Accounting from King's College. Her professional affiliations include membership in the American Institute of Certified Public Accountants, Pennsylvania Institute of Certified Public Accountants, Pennsylvania Association of Community Bankers (PACB), Institute of Certified Bankers and Institute of Internal Auditors (IIA). She serves on the PACB Internal Audit Training Committee and the Northeastern Pennsylvania Chapter of the IIA Board of Governors.

Philip J. Santarelli, a Principal with Parente Randolph, LLC, has been appointed to the Technical Issues Committee of the American Institute of Certified Public Accountants' Private Companies Practice Section (PCPS). Santarelli is director of the Firm's Assurance Services group. His unique blend of practical experience and in-depth accounting background make him an excellent addition to the Technical Issues Committee, whose mission is to identify and comment on developing standards that relate to local and regional firms and privately-owned businesses, noting the impact that new requirements may have and any potential unintended consequences. Santarelli has worked with a diverse group of commercial clients throughout his long and distinguished career. His background includes a concentration in the manufacturing sector, where he has been involved with numerous mergers and acquisitions and large financial transactions.

Richard J. Gering, Ph.D, a Principal in Parente Randolph, LLC's Philadelphia office, was among a group of distinguished professionals who were presenters at Law Seminars International's recent two-day conference. The conference, which was held at the Club Quarters Hotel in Philadelphia on October 30 and 31, focused on Calculating and Proving Patent Damages. The conference provided an in-depth look at the techniques used by successful trial lawyers and damages experts to obtain relevant information and determine whether damages include lost profits. Factors which were discussed included the size of the market in which the infringer competes, the number of competitors in that market, sales lost by the patent holder to the infringer and the amount of price erosion as a result of the infringer's activities. Recent successful practices in calculation of a reasonable royalty were also discussed. Gering's topic, Lost Profit Damages: The Effects of Non-Infringing Alternatives (Substitutes and Complements), Price Erosion and Convoyed Sales Analysis, addressed economic perspectives on price erosion and lost convoyed sales and lost profits when the patent is only part of the product or technology at issue. In his position with Parente Randolph, Gering focuses on all forms of Intellectual Property and quantifies economic damages in the form of lost profits, reasonable royalties, price erosion, convoyed sales, and defendants' profits in Patents, Trademarks, Copyright, Trade Dress and Trade Secrets matters. Gering is currently an Adjunct Lecturer in Law at Villanova University School of Law where he teaches "Litigation Strategy." He has presented seminars to organizations such as the ABA , AICPA and AIPLA on a variety of topics and has published on subjects such as trademarks, lost profit methodology, patent infringement damages and intellectual asset management.

Rick specializes in providing consulting and accounting services to municipalities and non-profit organizations and has over 25 years of public accounting experience. He has served as a presenter at the Pennsylvania county controller's convention, and local government, school district and nonprofit accounting conferences.