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Robert M. Power, Jr., CPA, CVA, ABV,CSMC
Partner

Education, Employment, and Professional Experience

Robert M. Power, Jr. attended Westminster College, where he graduated with a Bachelor of Arts Degree. He is licensed in Pennsylvania, New York and Indiana. He has been associated with the Firm of McGill, Power, Bell & Associates, LLP for 36 years and has been a Partner over 30 years.

He has specialized in business valuations for over fifteen years, and has served as an expert witness for almost 20 years.

He also specializes in management consulting services and has lectured and published articles on activity-based costing, cost segregation and other financial management issues. He continues to provide consultation in the use of computerized executive information systems.


Memberships
  • American Institute of Certified Public Accountants
  • Pennsylvania Institute of Certified Public Accountants
  • National Association of Certified Valuation Analysts
  • The PICPA Committee on Forensic and Litigation Services
  • The Professional Ethics Committee of the PICPA (former member)
  • The PICPA Council, the Organization's governing body, and of its Executive Committee (formerly)
  • Former Member and Past Chairman of the Pennsylvania State Board of Accountancy
  • The Association of Insolvency and Restructuring Advisors
  • The Business Valuation Committee of PKF/NAN, (PKF is a membership association of 92 firms throughout North America, over 840 partners, and 5,200 staff. In addition, 0ver 155 international firms are members)
  • Former member of the Legal Services Committee of PKF/NAN

Certifications

  • Certified Public Accountant
  • Certified Valuation Analyst by the NACVA (CVA)
  • Accredited in Business Valuation by the AICPA (ABV)
  • Certified Specialist in Management Consulting by the NIEPE (CSMC)

Publications and Seminars

   Bob has presented seminars on various topics:

  • "Family Limited Partnerships" - NACVA PA State Chapter
  • National City Bank sponsored program:
       "How a Professional Values a Business"
       "Tax Considerations for Transfers to the Next Generation"
  • "Family Limited Partnerships" --- Crawford County Bar Association
  • "Succession Planning" - Pa. Contractors' Association
  • "Business Valuations in Bankruptcy" - Erie County Bar Association
  • "Resource Utilization"- Northwestern Pa. Chapter National Tooling Machining Association
  • "Activity Based Costing in Custom Manufacturing" - Northwestern Pa. Chapter National Tooling & Machining Association
  • "The Manufacturing Deduction"- Firm sponsored seminars and the Northwestern Pa. Chapter National Tooling Machining Association

   He has published the following articles:

  • "Deduction Offers Advantages to Manufacturers"---Quarterly Report, Fall, 2005.
  • "The Empirical Foundation for Business Valuations"---The Valuation Examiner, January/February 2000, The Bimonthly Valuation Magazine for the NACVA - National Association of Certified Valuation Analysts (a reprint of an article appearing in Pennsylvania CPA Journal, Fall, 1999)
  • "The Empirical Foundation for Business Valuations"---Pennsylvania CPA Journal, Fall, 1999
  • "Family Limited Partnerships: Transferring Assets from One Generation to the Next"---Pennsylvania CPA Journal, Summer, 1998
  • Family Limited Partnerships: Transferring Assets from One Generation to the Next"---Understanding Value, Part I, Spring, 1998; Part II, Summer, 1998

Community Service

Bob's involvement in community affairs includes the past membership in the Fund Allocation Committee of the United Way of Western Crawford County, past President of the Board of Directors of the Meadville Public Library, a member of the PNC Bank Northwest President's Council, and a Corporate Member of the Meadville Medical Center. He was a President of the Iroquois Club. He was also Chairman of the Meadville Medical Center Foundation and is the current Chairman of the Meadville Medical Center's Operating and Parent Boards. He serves as a member of the Meadville Area Industrial Commission

He participated in the formation of Friendship Through Football, Inc. and served as its Treasurer and as a Team Coach. It is a non-profit organization that promoted an international exchange between the Meadville community and Moscow by developing American youth football in Russia.

Recognition

Bob was the recipient of an award by the Small Business Administration as the "Accountant Small Business Advocate for Western Pennsylvania" for the year 2000.

Robert Power can help you in these areas:

© 2001 McGill, Power, Bell & Associates, LLP