Our leadership team is actively involved in all client matters and maintain a strong field presence on engagements.
view leadership team
We provide unprecedented accessibility to all service team members.
view all Team members
Mike is the Firm’s auditing and accounting technical expert responsible for the quality inspection of all financial statements issued. In addition, Mike is a leader in the assurance division providing auditing, accounting, financing, and business advisory services for a variety of organizations, including commercial businesses, health care institutions, and nonprofit organizations. He also helps coordinate all continuing professional education programs for Firm personnel. Mike joined Lumsden McCormick in 1990 after six years with an international accounting firm; he was named partner in 1999.
Ohio Northern University, Bachelor of Science, Accounting
American Institute of Certified Public Accountants
New York State Society of Certified Public Accountants
BDO Alliance USA, Health Care and Nonprofit Industry Groups
Healthcare Financial Management Association
Medical Group Management Association
Leadership Buffalo, 1996 Graduate
Rotary Club of Buffalo, Member, past President
Rotary Club of Buffalo Foundation, Treasurer, past President
St. Mary’s School for the Deaf, Treasurer
Foundation for Deaf Education, Treasurer
Saint John Paul II Parish, past Finance Team Member
Junior Achievement, Volunteer
Kensington High School, Career Management Advisory Board, past
United Way of Buffalo and Erie County
- Past Campaign Coordinator
- Past Accountants’ Division Coordinator
The FASB issued ASU 2021-03[1] (“ASU”) to provide private companies and not-for-profit entities (“NFPs”) with an accounting alternative to evaluate triggering events for goodwill impairment only as of the end of each reporting period, whether they report on an interim or annual basis.
While the initial tidal wave of COVID-19 has begun to recede, the effects of the pandemic are still rippling through the U.S. healthcare landscape. Initial CARES Act relief funds helped stave off financial instability for many facilities, but uncertainty over the potential of future relief, consumer confidence, lack of regulation surrounding telehealth reimbursement, and market volatility continue to plague healthcare facilities financially.
Plan sponsors that have already or are considering reducing or suspending contributions to their safe harbor 401(k) or 403(b) plans as a result of the coronavirus pandemic now have helpful relief thanks to new guidance from the IRS.
