Local retiring professional brings national accounting

A retiring independent professional in a small community reaches out to a larger establishment.

As of July 1

Vivian ChuiOmineca Express

 

When an independent professional in a small community is looking to retire, reaching out to a larger establishment may be a beneficial solution for all parties involved.

Aiming to retire by the summer of 2016, Ken Simon from Kenneth B. Simon Corp. has recently joined MNP LLP, a Canadian accounting firm headquartered in Calgary.

“How does one leave from one’s own operated business?” said Simon. “If I’m going to be leaving my business, I want to make sure that my staff has the opportunity to continue their employment with that business, and my clients have continuity.”

He noted that business succession can come from three sources: either an existing staff that can take over the business, or an external individual who has the intent of taking over, or look for an existing entity that have the resources to do so in a shorter period of time.

“With Vanderhoof being a small community,” he added. “Sometimes it can be difficult for individuals from professions to be here and relocate and become a resident of Vanderhoof.”

Simon had arrived in Vanderhoof 31 years ago to establish his accounting office, with the previous 10 years of his career spent in Prince George and Fort St. John.

“Just as I was new to the community at one time, MNP is new to the community, but not to the accounting world,” he said.

Simon noted the vulnerabilities of having an independent office.

“I’m one of three people, if you suddenly miss one person, it’s a big hole to fill,” he said. “MNP can then provide long-term stability for Vanderhoof because they’ll be able to attract personnel to be there and work here.”

Rod Quiring, a MNP partner based out of Prince George that specializes in assurance and aboriginal services, along with senior manager Blair Traxler will be taking over Simon’s clients in Vanderhoof.

Quiring said he is looking to grow the Vanderhoof office in two ways.

“Right now, no one in Vanderhoof does agriculture work, and we have, as part of MNP, agriculture specialists,” he said.

With his existing aboriginal portfolio, he would be targeting the First Nations community as well.

“There’s a huge First Nations presence in the area, so why not service the First Nations of Vanderhoof,” he added.

For MNP, which has opened its Prince George office in January this year, it is an opportunity to expand into the smaller communities in central northern B.C.

“Using Prince George as a hub, we can now expand out,” Quiring said. “I wouldn’t be surprised if we see [MNP] going to Quesnel, and Williams Lake.”

 

Just Posted

B.C. offers early retirement, training fund for forest workers

Communities eligible for $100,000 for permanent closures

Photo Gallery: Terry Fox Run in Vanderhoof

Residents run to support cancer research

Vanderhoof runners win big at racing event held in Prince George

Brian Nemethy wins the 14 km men’s race for the fourth time and Nolan McCleary secured gold in the 5 km run for the second time.

Forestry, internet, housing and Bill 52 are some discussions council will bring up at UBCM

The Union of BC Municipalities conference will be held in Vancouver from Sept 23 to Sept 29. Vanderhoof mayor and some members of council will be attending it

Vanderhoof Airport Development society wants an aerodrome on the Nechako River

Since the DOV decommissioned the municipal dock, VADS and the district have been in a never-ending feud

VIDEO: Drone footage documents work to free salmon at Big Bar landslide

Video shows crews working to remove rocks and wood, and transporting salmon by helicopter

B.C. party bus company to be monitored after 40 intoxicated teens found onboard

Police received tip teens and young adults were drinking on party buses and limousines in Surrey

Rick Mercer calls out Conservative candidate in B.C. for fake meme

‘Not true. All fake. Please Stop,’ tweeted Rick Mercer in response

Bear killed in Kimberley after chasing girl, wreaking havoc on town

This particular brown-coloured bear has been the subject of many calls this summer; very food habituated, CO says

Police investigate after intoxicated teens clash with security at B.C. fair

18-year-old woman arrested and RCMP looking at possible assault in Victoria-area fall fair incident

BC SPCA investigating after three dogs found shot dead in Prince George ditch

The three adult dogs appeared to be well cared for before being found with gunshot wounds, BC SPCA says

Boy overdosed on illicit anti-anxiety drug found on Kelowna classroom floor, RCMP say

Noah Mills, 8, ingested a pink powdery substance off his Kelowna classroom floor

Psychiatric assessment ordered for man accused in Salmon Arm church shooting

Lawyer tells court accused was diagnosed with psychosis hours after his arrest

Surrey mom allegedly paid $400,000 for son in U.S. college bribery scam

Xiaoning Sui, 48, was arrested in Spain on Monday night

Most Read