Today Governor Haslam and Univeristy of Memphis President Rudd will announce phase 2 funding for redevelopment of Walker Avenue in front of the Crews Center at University of Memphis. RBG is a proud supporter of the Crews Center pledging $40,000 over 4 years. For a history of our involvement with the Crews Center check out this article.
RBG PARTNERS WITH UNIVERSITY OF MEMPHIS TO PREPARE ACCOUNTING STUDENTS
To help upcoming accountants enter the workforce prepared and polished, The Avron B. Fogelman Professional Development Center and Reynolds Bone and Griesbeck, Memphis CPA firm, have partnered to develop a customized professional development program for U of M Accounting majors.  This new venture, ACT—Accounting Careers of Tomorrow, will be offered for the first time at the RBG headquarters starting in mid-September.
“Our firm wanted to join forces with the Fogelman College of Business and Economics to help upcoming accounting professionals enter the career world well-prepared for its challenges. We believe our future is in tomorrow’s students and this program provides our young professionals a great opportunity to share their experiences about how to successfully enter the accounting field,” said Leslie Bouldin, Chief Operating Officer with RBG. 
Dean Rajiv Grover of the Fogelman College of Business and Economics said, “It’s extremely important for students to graduate from our College with a solid academic foundation, but professionalism is often the key that gives students a competitive advantage in today’s job market. We are pleased to partner with RBG to professionally prepare our students and we hope other firms will follow their lead to foster this initiative.”
ACT, an innovative approach to student development, is comprised of three-module training programs led by RBG professionals.
“Accounting majors who are selected to participate in this program will learn from industry professionals regarding career options in the accounting field, ethics, job preparation skills specific to the accounting industry and networking fundamentals,” said Kathy Tuberville, Director of the Avron B. Fogelman Professional Development Center.  “In addition, the ACT program will qualify as one of four training requirements needed for students to earn our Professional Development Certificate through our new Complete Professional Program, a point of distinction for students as they enter the career world.”
For more information, please contact Anna Michael, Coordinator of FCBE College Relations & Events or visit the Fogelman College of Business and Economics website, www.memphis.edu/fcbe.
RBG SUPPORTS STUDENT START-UPS WITH GRANT TO CREWS CENTER FOR ENTREPRENEURSHIP
Reynolds Bone & Griesbeck PLC is proud to announce a four-year commitment to Memphis based Crews Center for Entrepreneurship at University of Memphis.  The Center is a nurturing environment to support University of Memphis entrepreneurs looking to begin a start-up company or create a new piece of technology.  Reynolds Bone & Griesbeck PLC is a Memphis based CPA firm with over 95 years of success providing a wide variety of services including tax, accounting, auditing, risk management, and consulting; RBG has strong ties to the University of Memphis as a long-standing supporter of students and their success after graduation. 
The Crews Center for Entrepreneurship, at University of Memphis, will be based out of the former Mason’s Lodge at Walker and Patterson.  The building was originally built in the 1950’s and is currently undergoing renovations, which will transform the space into a world-class venture development lab.  Along with flexible office space, the Crews Center for Entrepreneurship has lab areas for prototype development, advanced technological systems, and a conference room for meetings with potential investors and mentors.
John Griesbeck, managing partner at RBG says “As a firm, we believe it is important that we support the universities where we recruit.  I approached our partner group about making a funding commitment to support the Center and believe the project will enhance entrepreneurial activities of the University and the Memphis business community at large.”
In the spirit of spurring technology, innovation, and entrepreneurship in U of M faculty and students, RBG has pledged a $40,000 donation–$10,000 per year, over a period of four years.¬† This gift reflects the commitment Reynolds Bone & Griesbeck PLC has to the University of Memphis, their staff, as well as the student base through recruiting and success in the accounting industry.
Reynolds, Bone & Griesbeck Unveils New Website Design at RBGCPA.COM
Reynolds Bone & Griesbeck PLC recently unveiled a new website design developed by 305 Spin, Inc.  Reynolds Bone & Griesbeck PLC is a Memphis based CPA firm with over 95 years of success providing a wide variety of services including tax, accounting, auditing, risk management, and consulting. 
RBG’s new website was thoughtfully designed to show our passion and dedication to clients and the Legacy we’ve created for more than 95 years in the accounting industry.  At RBG, core values and business principles have been passed down for three generations and will guide the business through the future.  These values provide stability and focus to insure a strong commitment to client service.  Features of the new website include: 
- Services– A comprehensive list of services provided for financial institutions, manufacturers and distributors, real estate, auto dealerships, consulting services for financial institutions, consulting services for small and medium sized enterprises (SMEs).
- Resource Center – A rich database of Articles, Brochures, and Newsletters which will keep you informed on industry news, updates, and much more.
- Career Opportunities– At the heart of a firm, which prides itself on a legacy of three generations, are the employees of Reynolds Bone and Griesbeck PLC.  View open positions and opportunities to join a firm which garners instant respect through the Mid-South.  Follow RBGCareers on Twitter to keep up to date with the most recent positions, recruiting events and see what it takes to join the best-of-the-best!
- Firm News – For recent news releases and announcements, the Firm News section is your place.  This archive dates back to 2007 and covers information on RBG Staff and Services.
- Blog—RBG’s Blog contains a wealth of information regarding all things Accounting from industry articles, updates, regulatory information, and more…you’ll want to check back frequently for new additions. 
To find out more regarding Reynolds Bone & Griesbeck PLC or our history of excellence and client dedication, contact us at (901) 682-2431 or email info@rbgcpa.com.  Please visit www.rbgcpa.com to view the newly unveiled website. 
RBG’s comprehensive list of services includes:
|
IT Audits |
Financial Statement Audits |
Tax Return Preparation |
|
Regulatory Examination Support |
Employee Benefit Plan Audits |
Estate and Gift Tax Planning |
|
Vendor Management Consulting |
Financial Statement Analysis |
International Tax and Expansion Consulting |
|
IT Risk Management |
Internal Audit Services |
Income Tax Planning |
|
Network Consulting |
Internal Controls Review |
Federal and Multi-state Tax Strategies |
|
Business Continuity Planning |
Compliance Audits |
IRS Representation |
|
Network Vulnerability Assessments |
Business Sale or Management Transition |
Mergers and Acquisitions |
|
Bank Secrecy Act Consulting |
Strategic Planning |
Due Dilegence |
|
Disaster Recovery Planning |
Inventory Control and Management |
Payroll and Business Tax Filings |
 
About Reynolds Bone & Griesbeck PLC:
RBG is a Memphis based accounting firm with a rich legacy of serving the Mid-South.  As the oldest Memphis CPA firm, RBG continues to deliver solutions that go beyond typical public accounting services.  With a commitment to relationship-driven client service, RBG is honored to serve the Memphis area for more than 95 years; and welcomes the opportunity to discuss your financial goals.  www.rbgcpa.com
Top Ten Reasons to Review Your Estate Plan
Are You on Track with Your Estate Planning?
Estate planning is an ongoing process.  Everyday personal and family changes can make yesterday's well-devised estate plan wholly inadequate today.  Consequently, you should be aware of events that may signal the need for an estate plan review and possible revision. Our Estate Planning Guide is a great resource for familiarizing yourself with issues you should consider, and on Page 16 of the guide is a ten-point checklist to help you determine if your estate plan is up to date.  
Although estate planning has become simpler for many people thanks to the new “permanent” estate-tax exemption amount and relatively low top estate-tax rate, that doesn't mean that estate tax is no longer a concern, particularly for higher income individuals with larger estates.¬†
When there are births, deaths, marriages, divorces, moves out of state, changes in estate composition, business changes or tax law changes, please call us or your professional financial advisor to discuss an estate plan review.
U.S. Basel III Capital Requirements for Community Banks
With the recent issuance and approval of the U.S. Basel III final rule, all financial institutions must assess how these new capital requirements will affect them going forward.   The final rule represents the most comprehensive overhaul of U.S. bank capital standards since the U.S. adoption of Basel I in 1989.  Even though most community banks will not be subject to the market risk and advanced approaches capital rules, they still have to determine whether to elect the option to exclude Accumulated Other Comprehensive Income in tier 1 capital and assess the impact of the changes in asset risk weightings, revisions in Prompt Corrective Action capital thresholds, and capital conservation buffers.  The OCC New Capital Rule Quick Reference Guide for Community Banks is provided here. 
If you have any questions on how the final rule might affect your community bank, please contact John Griesbeck or Joseph Callicutt from our financial institution team at 901.682.2431.        
How to Maintain and Grow Your Customer Base in a Competitive Environment
Reynolds Bone & Griesbeck PLC recently unveiled a new website design developed by 305 Spin, Inc.  Reynolds Bone & Griesbeck PLC is a Memphis based CPA firm with over 95 years of success providing a wide variety of services including tax, accounting, auditing, risk management, and consulting. 
RBG’s new website was thoughtfully designed to show our passion and dedication to clients and the Legacy we’ve created for more than 95 years in the accounting industry.  At RBG, core values and business principles have been passed down for three generations and will guide the business through the future.  These values provide stability and focus to insure a strong commitment to client service.  Features of the new website include: 
- Services– A comprehensive list of services provided for financial institutions, manufacturers and distributors, real estate, auto dealerships, consulting services for financial institutions, consulting services for small and medium sized enterprises (SMEs).
- Resource Center – A rich database of Articles, Brochures, and Newsletters which will keep you informed on industry news, updates, and much more.
- Career Opportunities– At the heart of a firm, which prides itself on a legacy of three generations, are the employees of Reynolds Bone and Griesbeck PLC.  View open positions and opportunities to join a firm which garners instant respect through the Mid-South.  Follow RBGCareers on Twitter to keep up to date with the most recent positions, recruiting events and see what it takes to join the best-of-the-best!
- Firm News – For recent news releases and announcements, the Firm News section is your place.  This archive dates back to 2007 and covers information on RBG Staff and Services.
- Blog—RBG’s Blog contains a wealth of information regarding all things Accounting from industry articles, updates, regulatory information, and more…you’ll want to check back frequently for new additions. 
To find out more regarding Reynolds Bone & Griesbeck PLC or our history of excellence and client dedication, contact us at (901) 682-2431 or email info@rbgcpa.com.  Please visit www.rbgcpa.com to view the newly unveiled website. 
RBG’s comprehensive list of services includes:
|
IT Audits |
Financial Statement Audits |
Tax Return Preparation |
|
Regulatory Examination Support |
Employee Benefit Plan Audits |
Estate and Gift Tax Planning |
|
Vendor Management Consulting |
Financial Statement Analysis |
International Tax and Expansion Consulting |
|
IT Risk Management |
Internal Audit Services |
Income Tax Planning |
|
Network Consulting |
Internal Controls Review |
Federal and Multi-state Tax Strategies |
|
Business Continuity Planning |
Compliance Audits |
IRS Representation |
|
Network Vulnerability Assessments |
Business Sale or Management Transition |
Mergers and Acquisitions |
|
Bank Secrecy Act Consulting |
Strategic Planning |
Due Dilegence |
|
Disaster Recovery Planning |
Inventory Control and Management |
Payroll and Business Tax Filings |
 
About Reynolds Bone & Griesbeck PLC:
RBG is a Memphis based accounting firm with a rich legacy of serving the Mid-South.  As the oldest Memphis CPA firm, RBG continues to deliver solutions that go beyond typical public accounting services.  With a commitment to relationship-driven client service, RBG is honored to serve the Memphis area for more than 95 years; and welcomes the opportunity to discuss your financial goals.  www.rbgcpa.com
Memphis Athletic Ministries Community Project
RBG's Young Professionals Group (YPG) organized our first Spring community involvement project. Following up on a successful project in Fall 2012, we returned to Memphis Athletic Ministries golf course to help with course maintenance. Each of the teams was led by a member of the YPG, and we helped with refurbishing the 7th hole, mowing, raking debris, laying sod, club house flower planting and hanging net at the driving range. It was great to get out of the office for a worthy cause like MAM and help prepare the course for MAM's summer youth program.