Founded in 1959, SingerLewak is a Los Angeles-based CPA and management consulting firm with nearly 250 professionals. The firm’s services include assurance and advisory, tax consultation, business management, SEC filing, SOX compliance, business valuation, litigation support and entrepreneurial business services to public and private companies, nonprofit organizations and high-net-worth individuals.
SingerLewak operates through seven California offices: Los Angeles, Monterrey, Silicon Valley, Orange County, Inland Empire, Woodland Hills and San Diego. The firm has international reach through membership in IGAF Worldwide, an accounting association of more than 140 independent firms, with more than 350 offices throughout 60 countries.
National No. 2
SingerLewak has been recognized by several different publications as a best place to work. In 2008, it was honored nationally by Accounting Today as one of its 100 Best Accounting Firms to Work For. SingerLewak was one of only 60 firms recognized by the two-part survey, which evaluated firms’ workplace policies, practices, philosophy, systems, demographics and employee satisfaction. In the past, the firm has also been named to the Los Angeles Business Journal’s Best Places to Work in Los Angeles list and was named the Construction Innovator of the Year for 2007 by the American Subcontractors Association.
The SingerLewak family connections go back to 1959, when then-UCLA college student Bernard Lewak’s father hired Phil Singer as an accountant. Through his connection with Lewak’s dad, Singer agreed to take Lewak on as a part-time employee in his one-room office. In a short period of time, Lewak climbed his way to the top as a partner in the firm which would come to be known as Singer, Lewak, & Associates. By 1967, the addition of new partners Norman Greenbaum and Harvey Goldstein would prompt the firm to change its name to Singer Lewak Greenbaum & Goldstein.
Over the next four decades, SingerLewak opened new offices throughout California and grew to become the 71st-largest accounting firm in the nation (according to Accounting Today’s 2008 list). Harvey Goldstein served as managing partner until 2003, when David Krajanowski took over (Goldstein stayed on in the role of chairman).
A+ for client involvement
Clients who are looking to hire SingerLewak for audit services can expect an A+ experience. The A+ refers to the name of the firm’s program for client interaction during their audit process. The firm’s A+ program keeps its customers updated with current information about ongoing requirements through workshops, seminars, webcasts, newsletters, and accounting and reporting updates. The A+ program also includes a unique entity called the “Audit Quality System” (AQS), which uses technology to manage the “triangle” of every audit: costs, standards and schedule.
More than budget busting
If SingerLewak chairman Harvey Goldstein has anything to say about, the firm should be operating without a budget in 2009. According to his new book, Don’t Bust the Budget, Toss It, Goldstein writes that accountants should “forget everything they have ever learned about budgeting” and calls budgeting “a waste of time.” The gist of the book is not that numbers are meaningless. Instead he means to convey the idea that going over and over budgets often focuses the attention of a company on its financial past instead of its future. As an alternative, he suggests that small entrepreneurial companies create dynamic financial plans, ones that can be easily adjusted as factors change.
Success in the West
SingerLewak was one of several firms in the Western region to achieve significant growth in recent years. In Accounting Today’s 2008 Top 100 Accounting Firms report, the West was the region with the most growth, with a 20.37 percent increase overall. SingerLewak contributed to that number with a 15.25 percent increase in net revenue, or a total take of $39.5 million. WebCPA.com reported that the biggest contributor to SingerLewak’s revenue growth in 2007 was an uptick in its enterprise risk management business. The firm also saw strong returns in the construction client category.
10960 Wilshire Boulevard
Los Angeles, CA 90024
Phone: (310) 477-3924
Employer Type: Private
Managing Partner: David Krajanowski
2010 Employees (All Locations): 216
Los Angeles, CA