Business View Magazine | September 2020

130 BUSINESS VIEW MAGAZINE SEPTEMBER 2020 AT A GLANCE CALIBRE CPA GROUP WHAT: Full-service accounting and advisory firm WHERE: Head office in Bethesda, Maryland WEBSITE: C alibre CPA Group PLLC is a full-service accounting and advisory firm with a strong collaborative culture and big capabilities. The firm focuses on helping tax- exempt organizations and business enterprises nationwide make a difference through proactive and value-added accounting, audit, taxation, forensic and risk advisory, and payroll compliance services. Calibre CPA Group was formed in 2003 by 10 partners, resulting from a spin-off from a predecessor firm. Calibre began with about 60 employees. Today, the firm has 23 partners and approximately 200 employees in five offices in four cities. Some of the growth is a result of geographic mergers. The dedicated specialists at Calibre offices in metropolitan Washington, DC, Chicago, IL, New York, NY, and Los Angeles, CA, work closely with associations and other non- profits, labor unions, employee benefit plans, and business enterprises to guide them through complex accounting and reporting regulations. Serving as auditor, advisor, and valued partner, Calibre CPA Group delivers a custom action plan to each organization, so those clients can strengthen their financial controls and achieve their goals. Karen Roche, a partner in the Calibre CPA Group, runs the accounting and financial services (AFS) practice. She explains, “We serve as contract controllers and CFOs for our clients and we do a lot of consulting and project-based work. Recently we’ve worked with a lot of smaller non- profits to help them understand the CARES Act (Coronavirus Aid, Relief, and Economic Security). We were busy showing them with how it applies to them, how to complete applications to get funding, assisting them with revised budgets and cash flow forecasts, and really helping them with forward thinking to determine where they were going to be. Some organizations we work with rely heavily on conferences and meetings as a major revenue stream and key component of their business. When meetings and travel were cancelled, it had devastating effects. Others were much more able to convert and do what they needed to do while working remotely.” When COVID-19 first hit, Calibre helped a number of clients take their operations from predominately in-house to remote; helped them understand how to maintain internal controls and leverage the technology; and even trained clients, some that still utilize paper-based D E L I V E R I NG A D I F F E R E NC E