In a one-room office in the Maritime building on Carondelet Street, Lec Krentel and Ben Ericksen shared a desk and began what is, nearly 60 years later, a thriving 45-person CPA and consulting firm. How does an accounting firm continue to grow and thrive in today’s fast-paced and ever-changing business economy?
We have continually responded to our clients’ needs by evolving our services and adopting the most current technological systems in our own industry as well as those of our clients to provide the most value possible. Because of that, we have seen our practice grow, not just in the number of clients or employees, but in the diversification of the services we provide.
At Ericksen Krentel, we view accounting and tax services not as compliance services but rather strategic services which is why a personal approach to every engagement is not just a mission statement at Ericksen Krentel, it’s the strategy we follow for all clients. We achieve that by ensuring senior level participation in every engagement, which means your team will work directly with and have access to our partners and managers during your engagement to ensure the highest level of experience. The end goal is a more efficient process to provide you with the best possible outcome for future success. And that performance doesn’t stop when the report is issued; we’re here with you now and beyond.
It is with great pride that we can review our client list and see many longtime clients that have grown and evolved with us. Likewise, many of the partners and staff have been with us for much of their professional careers – providing a level of continuity in personnel that is unusual in today’s business climate.
The team at Ericksen Krentel has provided unparalleled quality service to the South Louisiana and Gulf Coast region since our founding in 1960. Our commitment to provide personalized value-added services, together with our “not-just-the-numbers” approach, is only part of our formula for success. This means, among other things, that servicing your needs is accomplished through significant partner-level involvement in all phases of each engagement.
Our clients represent a broad spectrum of the economy, with major areas of concentration including governmental entities, not-for-profit, hospitality, healthcare, maritime, retail, professional services and construction. Our clients also benefit from myriad services, including:
|Audits||Assistance in obtaining financing|
|Reviews, Compilations, Agreed-upon Procedures||Management consulting|
|Accounting system design||Business valuations|
|Employee benefit plan audits||Forensic and fraud accounting|
|Tax planning and preparation||Divorce litigation services|
|Tax incentive consulting||Budgeting and cash flow management|
|Trust and estate planning||Expert witness testimony|
|Buy-sell agreement review||Management acquisition analysis|
|Outsourced CFO services||Buy-sell agreement review|
We encourage our staff members to participate in professional organizations and maintain membership in the following organizations:
- America Institute of Certified Public Accountants (AICPA)
- Society of Louisiana Certified Public Accountants (SLCPA)
- Louisiana Chapter of the Government Finance Officers Association (LAGFOA)
- Association of Certified Fraud Examiners (ACFE)
- CPA Associates, International (CPAAI)
- Private Companies Practice Section (PCPS) – AICPA’s Division for CPA firms
- AICPA’s Government Audit Quality Center
- AICPA’s Employee Benefits Plan Quality Center