Growing with Rhea & Ivy

Staff

Our Staff will utilize basic technology skills such as Microsoft Excel, Word and PowerPoint, plus other audit and tax software, and basic proficiency with the Internet. They will implement basic accounting principles, have knowledge of tax laws and regulations, and be able to prepare basic tax returns and financial statements. Staff understand prepaids, accruals and depreciation and have a basic awareness of generally accepted auditing standards and their purpose. They will begin to participate in basic client correspondence and will also document work clearly. We also expect them to network creatively, become involved in professional and community organizations, and seek to achieve an understanding of the client’s business. They will also organize their time to study for and pass the CPA examination in a timely fashion.

Senior 

Seniors at Rhea & Ivy will exceed expectations of the Staff level. Technical skills include proficiency in Excel, Word, Outlook and other audit, tax and research software. They will sharpen their knowledge of GAAP, GAAS, prepaids, accruals, equity, inventory, depreciation, M-1 book and tax differences, and stay current with professional and technical reading. Seniors can prepare more advanced tax returns and financial statements. They are responsible for following up on pending lists to aid in engagement wrap up. They must stay in contact with Managers and Senior Managers to ensure final product delivery and client satisfaction. They will communicate effectively and on a timely basis with clients, including engagement and representation letters, requests for information and confirmations. They should network creatively and identify cross-selling opportunities for the firm. They utilize creativity to solve client issues, and the client considers them a competent individual. They must have passed at least two parts of the CPA exam and pass the remainder in a timely manner.

Manager 

Managers must have passed all portions of the CPA examination. Managers review and approve engagement budgets and calendars. They maintain a proper mix of charge and non-charge time. They should self monitor professional reading and technology and software training. Managers will master all aspects of GAAP, GAAS, tax law and regulations, and advanced tax returns. They will monitor projects and stay in constant contact with Senior Managers until the product reaches the client. They have developed both a strong relationship with the client and a broad understanding of the client’s business. They will research non-client databases, look for opportunities to further skills and market the firm, and take on a leadership role within an organization. Managers are strong representatives of the firm’s integrity and reputation.

Senior Manager 

Senior Managers excel in all the areas above. In addition, Senior Managers develop and cultivate networks of business, civic, and professional relationships in the community in order to pursue new firm business. They communicate effectively with the rest of the firm in order to maximize efficiency and profitability. They give approval on calendars, budgets, and assignments, as well as scheduling upcoming assignments. They demonstrate an understanding of client business that extends beyond accounting-related purposes. They also ensure that all correspondence, reports, and disclosures are in compliance with the firm quality control standards.