Smith Currie & Hancock LLP

  • Overview
THE SCOOP


More than number crunching

SC&H Group (formerly known as Stout, Causey & Horning) was formed in 1991 by Thomas Stout, Gregory Horning and Ron Causey with the intention of starting a company that was more than just “crunching numbers, working long hours and billing clients for their time.† Today, SC&H is an organization composed of six separate financial service companies that carry out a wide range of accounting, business advisory and consulting functions.  The six core companies are SC&H Capital, SC&H Consulting, SC&H Financial Advisors, SC&H State & Local Tax, SC&H Tax & Advisory Services and Stout Causey & Horning, P.A.

In 2008, the firm held its place as the 63rd-largest U.S. accounting firm in Accounting Today’s rankings, with most recent annual net revenue of $41.9 million. It was also recently ranked as the 34th-fastest growing accounting and consulting firm in the country, based on its revenue increase of 13 percent for fiscal 2007. The firm has offices in Maryland, Virginia, and Georgia.

Triumvirate of talent

Nearly 18 years after creating SC&H, the three founders are all still an integral part of its operations.  In addition to his duties as Managing Partner Tom Stout also acts as director of the consulting branch of the company, which includes internal control (including Sarbanes-Oxley), IT audit, internal audit, procure to pay and unclaimed property consulting.  Gregory Horning serves as the director of SC&H Financial Advisors, which encompasses the firm’s attest, tax, and business advisory practices.  He also works personally with some of the firm’s top high-net-worth clients.  Ronald Causey is the director of the state and local tax business, overseeing issues of valuation techniques, refund opportunities, asset classification and exemptions, asset obsolescence, retirement, personal property tax, real property tax, and sales and use tax matters.   Both Horning and Stout have been named to Baltimore Business Journal’s 40 Under 40 list in the past. 

Greening the business

In accordance with a nationwide trend to make business more environmentally friendly, SC&H Group announced in August 2008 that it would be “greening†its offices to make them more environmentally sound.  A steering committee was formed by the company in order to perform research on the best avenues for “going green.† Some of the current initiatives are a strict new recycling policy that also promotes easier access to recycling facilities, an employee carpooling program, encouraging building staff to use eco-friendly cleaning products, and a firmwide switch to using recycled copy and printing paper. 

Day of do-gooding

SC&H held its second annual “day of service†in June 2008.  The firm’s founders have decided that as the company grows, its responsibility to the community also grows.  In response, SC&H has opted to designate one day per year in which all of its employees will skip going to the office in exchange for a day helping their communities.  In 2008, the firm assisted 10 different organizations, including animal rescue shelters, environmental cleanup groups and educational organizations.  SC&H also encompasses SC&H Group Charitable Foundation, which is run by employees. 

Newspaper columnists

SC&H partners Jim Wilhelm, Stuart Rudo and Greg Horning have an annual column in the Baltimore Sun called “Tax Talk,†in which they dispense tax advice.  In the column, the tax partners take questions from Baltimore residents who are preparing to file their taxes.  The column is printed from February to mid-April and has been running since 2004.

Here’s to the future

Managing Partner Tom Stout was chosen as one of Baltimore Smart CEO’s “Future 50†leaders in business.  The article praises Stout for leading the company as it grew from a small company to one of the top 100 firms in the country.  Stout credits his success to his father who encouraged him “to build relationships with clients, referral sources and peers,†and “emphasized the importance of team-building to achieve success in business and in life.† Stout also said that his plans for expanding the company include a goal of doubling its workforce by January 1, 2012.   

Selling software

In November 2008, SC&H announced that it would be partnering with Deltek, Inc., a software company which provides enterprise applications for project-focused organizations.  The partnership will consist of SC&H using Deltek’s GCS Premier accounting system for servicing its clients.  GCS Premiere was designed as a project-based accounting system for small to midsized government contractors. 

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Smith Currie & Hancock LLP


22700 Marquis One Tower
245 Peachtree Center Ave., N.E.
Atlanta, GA 30303-1227
Phone: (404) 521-3800
Fax: (404) 688-0671
www.smithcurrie.com

STATS


  • Employer Type: Private
  • Total No. Attorneys 2004: 48

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