A broad range of accounting experience

Eight partners ensure the accounting services expertise offered by Shannon & Associates. Together, we offer a wealth of experience that ranges from nonprofit to manufacturing, business valuations to accounting software. (Not Pictured: William Cotter, Andrew Raymond).

Richard Lackey, CPA, CFA, rlackey@shannon-cpas.com

Is the firm's managing partner and has been with Shannon & Associates for 25 years. Dick has steadily built a reputation on his ability to recognize client needs and to be innovative in devising solutions. A steady dedication to his work has established him as a trustworthy asset for any client. Along the way, he has become an authority in an astonishing variety of fields, including:

• Corporate acquisitions
• Individual and corporate taxes
• Reorganizations and liquidations
• Estate and personal financial planning
• Compensation and retirement plans
• Business succession and transition planning

Dick is licensed in Washington as both a CPA and a Certified Financial Planner (CFP).

Drake Pesce, CPA, dpesce@shannon-cpas.com

Drake is a partner and joined Shannon & Associates in 1997. Drake has been in the accounting industry since 1973. His career path has lead him to gain a variety of experiences as he worked for a number of companies and organizations; this diversity of expertise is an integral part of what makes him such a valuable asset to our firm. In his position at a major financial institution, he was responsible for accounting policy and reported to the Securities and Exchange Commission. He has also worked for one of the "big five" accounting firms, was the controller of a large nonprofit, and has run his own firm. Through each of these roles, he has gained a tremendous breadth of knowledge. In the area of nonprofit audits alone, Drake's experience ranges from a college foundation to a city youth service organization to a religion-based mission. His areas of specific expertise include:

• A-133 single audits
• HUD audits
• Audits of indirect costs
• Internal control risk assessment and analysis
• Financial statement reviews and compilations
• International taxation of foreign-owned US companies
• Quality control procedural assistance
• Financial accounting and reporting

Drake is a licensed CPA in the state of Washington.

Sherri Owzarski, CPA , CEA, sowzarski@shannon-cpas.com

As both a partner and the Director of Accounting and Auditing for our firm, Sherri has acquired significant experience serving clients in a wide range of industries. These include her work with a major bank in the field of corporate banking and cash management, audit management with public accounting firms, and her work as a CEA in governmental and nonprofit accounting and auditing. The breadth in her areas of expertise is extensive:

• Accounting and auditing professional standards
• Financial reporting and disclosures
• Accounting systems and internal controls
• Government and nonprofit auditing and reporting
• Employee benefits, including retirement plans
• Quality and technical review on all audits and full disclosure financial statements

Sherri performs peer reviews of other certified public accounting firms. In addition to her credentials as a CEA, she is a licensed CPA in the State of Washington.

Lane Strickland, CPA, CVA, lstrickland@shannon-cpas.com

Lane is a partner and joined Shannon & Associates in 1997. Before joining our team, Lane owned and operated his own accounting firm. His is more than 25 years in the public accounting arena have instructed him in the subtleties of the practice; the attention Lane pays to every finest detail has made him a valuable presence at Shannon & Associates. He has gained primary expertise in the areas of:

• Business valuations
• Estates
• Trusts
• Individual income tax
• Partnership and corporation income tax work

In 1996, Lane received the AICPA Certificate of Educational Achievement. Lane is licensed CPA in the state of Washington . He is also a licensed Certified Valuation Accountant, and his work in the business valuation field has been distinguished.

Julie Courtney, CPA, jcourtney@shannon-cpas.com

A partner with Shannon & Associates, Julie's primary fields of expertise include financial and retirement plan audits--both for privately held business and for nonprofit agencies. However, she is also an authority in the arenas of financial reporting, computerized accounting systems, and the advising of closely held businesses. She has considerable experience in a broad range of industries:

• Building and construction
• Manufacturing
• Nonprofits
• Wholesale distributors
• Retail
• Real estate development

As a Certified QuickBooks Pro Advisor, Julie also provides consultation on initial setup, as well as the review of ongoing activities and the establishment of accounting policies. Julie is a licensed CPA in the state of Washington.

Julia Atwood, jatwood@shannon-cpas.com

Julia is a partner and the firm's administrator. She joined Shannon & Associates in 1991. In her position as the firm administrator, she is responsible for the day to day operations, staffing and scheduling, client relations, policy, business development and new technology implementation and training. Julia also manages the financial software applications department. Her areas of expertise include assisting businesses with selection, implementation, training and customization of ERP systems. She works closely with clients on system implementation and training as well as developing internal procedures around IT and finance, focusing on business process improvement, workflow and controls. Julia is a non-licensed CPA firm owner.

She has a broad range of expertise implementing accounting, manufacturing and distribution software:

• Accounting software implementation and training
• Accounting software needs analysis and internal procedures reviews
• Sage Mas90/Mas200 software certification
• Dynamics SL (formerly known as Solomon)

Nonequity Partners:

William Cotter, CPA, wcotter@shannon-cpas.com

Bill joined Shannon & Associates in 2003 and is a partner with more than 36 years of public accounting experience. Prior to joining our firm, Bill owned his own accounting firm in Auburn for over 29 years. Bill also spent three years on the audit staff of one of the "big five" accounting firms followed by two years as a corporate controller for an $80 million food manufacturing company with subsidiary companies in radio, TV stations and real estate development enterprises. Bill's primary areas of expertise are:

• Corporate income taxes
• Estates and trusts
• Individual income taxes
• Real estate partnerships

Bill is licensed in Washington as a CPA.

Andrew Raymond, araymond@shannon-cpas.com

Andy Raymond has combined his credit union audit and consulting practice with Shannon & Associates effective July 1, 2009. Formerly a founding partner in the firm of Clark Raymond & Company, Andy has been serving credit unions throughout Washington for over 30 years and is an icon in the Washington Credit Union community.

His primary responsibilities are to direct the planning and supervision of the firm's most complex credit union audit clients and to ensure the client experience meets our firm's highest service standards. His responsibilities also include internal control risk assessment, financial statement quality reviews, and regulatory compliance assessment. Andy also assists with firm quality control procedures pertaining to credit union audit and consulting engagements. His clients are exclusively credit unions.

Andy's credit union experience dates back to the late 1970's and early 1980's and includes audits of credit unions ranging in size of up to $600 million in total assets. Andy started his career as an auditor in the Seattle office of Coopers & Lybrand where he worked for 10 years before joining a local firm, Neimi, Holland & Scott, where he became a partner from 1978 to 1986. Andy started his own firm, Clark Raymond & Company, in 1987 where he has continued to serve the credit union industry up to the time of his joining Shannon & Associates, LLP. Andy has been a speaker at credit union industry events and is a vocal spokesperson for the benefit of his clients. Andy is known for his high-level of personalized, hands on, client focused service.

Andy graduated from Sacramento State College with a Bachelor's degree in Accounting and obtained an M.B.A. from the University of Washington. Andy is a member of the American Institute of Certified Public Accountants, the Washington Society of Certified Public Accountants, and has been a member of the governing board of a nonprofit organization in varying capacities for many years.