Aronson & Company

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Aronson & Company, headquartered in Rockville, MD, employs more than 200 accountants, consultants and administrative staff, making it the one of the Washington, D.C. Metro area’s ten largest accounting firms as well as one of the top fifty firms in the country. The firm specializes in comprehensive financial audit, tax and management consulting services for clients ranging from individual taxpayers up through publicly traded companies.

Firm History

The firm was formed in 1962 by Gerald R. Aronson. With additions to management came several name changes: in 1974, the firm was renamed Aronson, Greene, Fisher & Co., Chartered; in 1986 it became Aronson, Fetridge, Weigle & Stern; in 1992, Aronson Fetridge, Weigle & Schimel; and in 1994, Aronson, Fetridge & Weigle. In 2001, current Managing Officer, Lisa J. Cines, CPA helmed the firm’s final name change to Aronson & Company, A Professional Corporation.

In 2005, A&C merged with Capron Associates, LLP, a small public accounting firm based in Bethesda, MD. Capron was absorbed into A&C’s organizational structure, operating under the A&C name and moving to their Rockville, MD offices.

In March 2009, Aronson laid off numerous staff members, as revenues appeared to continue sliding in a weakened economy.

Industries

A&C provides industry-specific services for vertical markets that include:
- Construction
- Diversified Commercial
- Government Contracting
- Nonprofit
- Private Business
- Real Estate
- Technology

Aronson Capital Partners

Aronson Capital Partners is an investment bank providing mergers and acquisitions services, corporate finance and valuation services to middle-market companies in the defense and government technology services industries. The principals of Aronson Capital Partners have completed over 50 M&A transactions and raised over $1.0 billion in capital.

Aronson Foundation

Aronson & Company established the Aronson Foundation, a charitable organization, in 2004, with a primary focus on the needs of children. Foundation funding comes from a variety of donations and philanthropic work by Aronson & Company staff, officers, clients and contacts.

Show Us Your Future

A&C launched their Show Us Your Future campaign in 2007, a video submission contest geared toward college accounting and finance majors entering the job market. In order to win the grand prize, a student-to-professional makeover worth more than $2,500, entrants are asked to submit a three minute video that creatively demonstrates where they see themselves after graduation. On May 20, 2008, Casey Bennington of Virginia Tech, was announced as the 2008 Show Us Your Future winner.

Best Places to Work

In 2007, A&C was recognized by Washington Business Journal as one of the Washington, D.C. Metro area’s Best Places to Work. A&C was honored in the Large (local) category. The award recognizes the company’s achievements in creating a positive work environment that attracts and retains employees through a combination of employee satisfaction, working conditions and company culture. The honorees were selected from a pool of more than 300 nominations.

Aronson Fed Point! Blog

In March 2008, A&C introduced Aronson FedPoint!, located at http://www.aronsonblogs.com/gcsg/, it's blog geared toward the government contracting community. National news media picked up the story that FedPoint, which is written and compiled by members of A&C’s Government Contract Solutions Group, brings together current news, trends and insights affecting this burgeoning market sector. FedPoint includes original articles, online resources, reading and research recommendations, statistics, trends and more. A&C's Government Contract Solutions Group provides companies with the benefit of their experience in all facets of government contracting.

Praxity

A&C is a member of Praxity, a global alliance of independent firms. Organized as an international not-for-profit entity under Belgium law, Praxity has its administrative office in London.

Management

Current Board of Directors

Chairperson: Lisa J. Cines, Managing Officer, Aronson & Company
Member: Abba J. Blum, Officer, Aronson & Company
Member: Harry A. Harrison, Officer, Aronson & Company
Member: Stuart A. Rosenberg, Officer, Aronson & Company
Member: John Saunders, Managing Partner, Aronson Capital Partners

References

PRNewswire, Aronson & Company Publishes Government Contracting Blog, May 2008
Inside Public Accounting, “IPA’s 2007 Top 100 Firms,”
Inside Public Accounting, “IPA’s 2007 Best of the Best,”
PRNewswire, "Aronson & Company Named a Top 50 Accounting Firm," Aug 2007
Washington Business Journal’s Book of Lists, Published 2007
WebCPA, “Aronson & Co. Merges in Bethesda Firm,” Sept. 7, 2005,
WebCPA, “Video Contest Offers $2,500 Professional Makeover,” Sept. 4, 2007,
Banker & Tradesman Online, “Aronson & Company Named a Best Place to Work,” 2007
Vault, "Accounting: Companies: Aronson & Company,"
MACPA, "Bringing Recruitment Into Focus,"
AccountingWeb.com, "IPA Names Best Managed CPA Firms of 2006,"

WebCPA, "Aronson Creates Foundation Serving Children's Needs" http://www.webcpa.com/article.cfm?articleid=4610

External Links
Aronson Capital Partners website, http://www.aronsoncapitalpartners.com
Aronson & Company corporate website, http://www.aronsoncompany.com
Aronson & Company Fed Point! blog, http://www.aronsonblogs.com/fedpoint
Aronson & Company, “Annual Report,” 2007