News & Knowledge Bank

News of the Firm – Cottrill, Arbutina & Associates and its talented team regularly are in the news and make news with a variety of professional, leadership and community activities.

2013 News

 

Beaver County Chamber Award Crystal

March 22, 2013 – Cottrill Arbutina & Associates is named as the 2013 "Small Business of the Year" by the Beaver County Chamber of Commerce. In bestowing the honor, Chamber President Erica Loftus says the firm specializes "in industries where the need is greatest. In addition to the business side, Cotrrill Arbutina invests in their staff of 47. They help them perform as efficiently and effectively as possible and train them with a collective average of 950 hours each year. Cottrill Arbutina donates to many worthy charities as well as their employees donate significant time in leadership roles with non-profit organizations." [ more ]

 

 

March 2, 2013 – Cottrill Arbutina again fields four teams for the annual Bowl for Kids Sake benefitting Big Brothers Big Sisters of Beaver County which brings together more than 400 bowling enthusiasts and volunteers together raising a record total of donations for the fourth straight year. The event is the largest annual fundraiser for the agency, which matches quality volunteer adult mentors with at-risk children ages 6 to 14 who reside within a home that lacks the involved and supportive participation of one or both parents.

Cottrill Arbutina representatives and friends at Zonta's Slipper Ball, L-R: Mark Dickie, Michael Hennessey, Eleanor Wagner, Pamela Roesch, Soraya Dickie, Greg and Laura Wiest, and John and Nannette Skal.

Feb. 12, 2013 – On behalf of Leaders Serving Beaver County, Cottrill Arbutina is pleased to sponsor three upcoming Thursday-morning presentations by Dr. John Stanko on “Competencies for Global Leaders.” The events also will qualify as “continuing professional education” (CPE) credits for certified public accountants. LSBC helps leaders and their organizations to operate based on Christian principles – "learning to do well to do good."

Dr. Stanko

The presentations will be held at First Presbyterian Church, 252 College Avenue, Beaver, from 7:45 a.m. to 9:30 a.m., starting on Thursday, March 21, 2013. For more than 40 years, Dr. Stanko has consulted with business, educational and religious leaders worldwide, has authored 13 books and held training events in Africa, Europe and Asia. He received a master’s degree in economics from Duquesne University and a doctorate in pastoral ministries from Liberty Theological Seminary in Houston. By combining the latest in leadership techniques with a solid biblical foundation, he delivers cutting-edge tools for leaders who want to build on their natural abilities and learn how to better serve and influence others.

 

Rihely

Feb. 11, 2013 – Tax and audit specialist Lucas Rihely, CPA, obtains his designation as a certified fraud examiner (CFE). The designation, bestowed by the Association of Certified Fraud Examiners (ACFE), denotes his expertise in the detection and deterrence of fraud by evaluating accounting systems for weaknesses, designing internal controls, determining the degree of organizational fraud risk, interpreting financial data for unusual trends, and following up on fraud indicators. ACFE is a global association dedicated to providing anti-fraud education and training. In his practice, he has managed a variety of engagements for clients ranging from financial institutions with assets over $100 million to local municipalities struggling with budget cuts. He works one-on-one with client management to assist with financial reporting and to provide valuable insight in areas such as accounting and tax compliance, staffing needs and safeguarding assets.

 

2012 News

 

Dec. 20, 2012 – For physicians and others in the health care profession, Cottrill Arbutina releases its new four-page "Health Care Act" overview and analysis. The substantive document covers tax implications for 2013 and beyond which require planning and preparation now. [ Full text – PDF, 2.1 MB.]   For more, contact shareholder Joseph Bevevino — jbevevino@cottrillarbutina.com — who heads the firm's Physicians Group.

 

Joel Martin and Michele Renz lead the firm's inaugural conference for credit union leaders

Nov. 30, 2012 – Cottrill Arbutina hosts its inaugural Supervisory Committee & Accounting Conference for credit union officials at the Four Points by Sheraton Pittsburgh North. Led by Joel Martin and Michele Renz, it is a continuing professional education (CPE) event focusing on current credit union topics and issues relevant to supervisory committees, accounting management, internal auditors, CEOs and board directors. [ More ]

 

Ellsworth

Oct. 22, 2012 – John "Jack" Ellsworth, leader of the firm'sExit Planning Group, and head of the firm's Peters Township office, releases his new podcast on "An Introduction to Exit Planning." [ MP3 Audio – Transcript PDF ]

 

Aug. 27-28, 2012 – Managing shareholder Tod Arbutina attends a two-day Marcellus Shale conference in State College, PA, hosted by the Pennsylvania Institute of Certified Public Accountants. The conference covers a wide range of complex issues from joint operating agreements and land title issues to taxation, geology and natural gas production. Additional topics include trusts, estate planning and insurance applications; master limited partnerships and M&A activity; not-for-profit tax issues; implementing new regulations mandated by the Dodd-Frank Act, and midstream, storage and commercial updates. Arbutina is a member of the PICPA’s Marcellus Shale Communications Committee and leads the Beaver County Marcellus Shale Planning forum on LinkedIn.

 

Summer 2012 – Staff accountantTiffany (Smith) Bowser and Cottrill Arbutina’s faith-based culture are featured in the summer 2012 edition of Geneva College’s Geneva Magazine, headlined “Monday Morning Reassurance.” The story begins: “Along with the rest of corporate America, Tiffany … sits down at her desk every morning to begin a new work week. What makes the routine unique for her and her co-workers at Cottrill, Arbutina & Associates is how they start their day – with a Scripture-based devotional emailed from the company’s founder. For Tiffany, this is just another reassurance that she is at her ideal job. This position is the perfect fit for a God-fearing, small town girl from New Bethlehem, Pennsylvania….” View the full text article [ 5MB ] or see the magazine online.

 

   
Aug. 2012 – Cottrill Arbutina sponsors the annual summer picnic of Big Brothers Big Sisters of Beaver County, which helps bring many smiles and happy faces to the participants. BBBS's mission is to provide children facing adversity with strong and enduring, professionally supported one‐to‐one relationships that change their lives for the better, forever.

 

Aug. 9, 2012 – As part of Cottrill Arbutina's commitment to serve clients and their business, and to help them weigh financial opportunity and risk, the firm is announcing a new service focusing on employee benefits insurance solutions. Cottrill Arbutina Benefit Solutions Group (CABSG) was created to advise clients on their employee benefits and the potential impacts of tax law changes and reform.  It also will help clients better evaluate risk and manage their budgets.  The firm intends to host a variety of educational webinars so clients can become more knowledgeable about the issues impacting their choices. With the impending healthcare reform, it is imperative to prepare clients with continuous education and planning. To do this, CABSG has partnered with My Benefit Advisor, LLC, an employee benefits consulting firm which provides employers with best-in-class service on behalf of a select group of insurance brokers. MBA has offices in Pennsylvania, New York and New Jersey. It is operated by Emerson Reid LLC, which has more than 150 employees and manages more than $3 billion in health care premium,10,000 group disability policies and 5,000-plus ancillary line cases.

 

Aug. 2012 – Hosted by Leadership League, Cottrill Arbutina shareholders and guests enjoy a Forged in Steel conference and Pittsburgh Steelers training camp experience at St. Vincent College. L-R: John Wright, Russ Stockhausen, Tod Arbutina, Bill Cutri and John Ellsworth.

 

Arbutina

July 2012 – Managing shareholder Tod Arbutina again is selected by Pittsburgh Magazine as a “Five Star Wealth Manager.” This recognition covers the “best personal wealth managers in the Pittsburgh area” representing less than seven percent of the wealth managers in the region. His 2012 award is based on 10 objective criteria associated with providing quality services to clients such as credentials, experience and assets under management, among other factors. Wealth managers do not pay a fee to be considered or placed on the final Five Star list.

 

June 6, 2012 – Cottrill Arbutina issues a podcast to clients and friends of the firm, featuring an interview with John "Jack" Ellsworth, head of the firm's Shale Gas & Oil Group, on how gas leases work and what landowners need to know. [ Listen – MP3, 6:16 minutes, 3MB – Transcript – PDF ]

 

The firm's new homepage

June 4, 2012 – The firm launches a rebranded website designed to highlight its team of specialists, niche practices and library of financial and business planning articles. “We want to continue to differentiate our firm with a content-rich website of high visual quality,” said Tod Arbutina, the firm’s managing shareholder. "The website is intended to be an indispensable, go-to resource for our clients and friends.” Cottrill Arbutina’s new site also more closely aligns the firm’s visual identity with its myriad other corporate communications initiatives.

 

May 17, 2012 – The Beaver County Chamber of Commerce holds its popular "Afterhours" networking event at Cottrill Arbutina's Beaver building, attracting a crowd of more than 70 attendees, and featuring food, beverages and tours of the firm's new offices.

 

Cottrill Arbutina hosts the Beaver County Chamber of Commerce "Afterhours" networking event for a crowd of 70 attendees

 

Billman

April 30, 2012 – Dan Billman, an independent professional geologist and certified petroleum geologist, joins Cottrill Arbutina as an affiliate to advise the firm’s Shale Gas & Oil Planning Group clients. He will provide valuation analysis of real estate holdings involving Shale reserves, and litigation support in matters of financial and economic disputes. He has been involved with the evaluation of Marcellus Shale and Utica Shale assets since each play’s inception. Billman has nearly a quarter century of experience in the Appalachian Basin. Since 1993, he has been president and consulting geologist with Billman Geologic Consultants, Inc.  Earlier, he was an exploration and development geologist for Mark Resources Corporation and Eastern States Exploration Company.

 

Ellsworth

April 16, 2012 – John "Jack" Ellsworth, CPA, CVA, MBA, head of Cottrill Arbutina's office in Peters Township, is admitted as an expert witness on valuation matters by the Court of Common Pleas of Allegheny County, PA. He is experienced in assisting owners of closely held businesses with exit planning, valuations and litigation support. He and colleague Tod Arbutina provide business owners with a weekly newsletter on exit planning, and have co-authored the foreword to the book, How to Run Your Business So You Can Leave It in Style.

 

Cottrill Arbutina fields 4 teams compete in the 28th annual "Bowl for Kids Sake" event on March 18, 2012, helping Big Brothers Big Sisters Beaver County raise nearly $60,000.

 

Helsing

March 1, 2012 – Thomas Helsing, Cottrill Arbutina's chief operating officer and head of the firm's Small Business Services Group, is elected to the board of directors of the Beaver County Rehabilitation Center in New Brighton, PA. Founded in 1962, BCRC partners with the business community to provide vocational and life enhancement experiences for more than 500 individuals with disabilities.  It helps people with disabilities to develop self-confidence and a sense of self-worth while providing valuable service to local businesses.

 

Feb. 2, 2012 – The public accounting firm of Cottrill, Arbutina & Associates, P.C., as well as Cottrill, Arbutina Wealth Management Group and Cottrill, Arbutina Benefit Solutions Group, are featured on the front page feature of the Beaver County Times' business section, produced in cooperation with the Beaver County Chamber of Commerce. The articles highlight the services provided by each of the three firms.

 

Jan. 2, 2012 – To accommodate continuing growth, Cottrill Arbutina relocates its office in Peters Township to Waterdam Commons Office Park in McMurray. The firm moves into a 1,100 sq. ft. office, leasing 83 percent more space than before.

 

2011 News

 

Arbutina

Oct. 27, 2011 – Tod Arbutina speaks on a panel at a Marcellus Shale Informational Event moderated by State Representative Jim Christiana, 15th Legislative District, held at Seven Oaks Country Club.  Other panelists are the Marcellus Shale Coalition (overview of industry, tax issues, environmental developments); Range Resources (environmental protection); Chesapeake Energy (automobiles, other uses, corporate giving); National Association of Royalty Owners (land/royalty owner rights); the Pennsylvania Department of Environmental Protection (regulations); PGT Trucking (ancillary jobs) and Community College of Beaver County (new training center in Southpointe, Washington County).

 

Oct. 19, 2011 – Led by Tod Arbutina and John Ellsworth, Cottrill Arbutina hosts an Exit Planning Executive Briefing at its Beaver office. The event focuses on the fact that all business owners will leave their enterprise someday, whether on their own terms, or not. The firm helps clients to plan a successful transition, on the date they choose, for the amount of money they want, to the successor of their choice.  Clients benefit from using our proven, strategic seven step process, to maximize the value received from their business and minimize the tax consequences. [ more ]

 

Bowser

Sept. 12, 2011 – Tiffany Smith Bowser joins Cottrill, Arbutina & Associates.  She provides tax and audit services for closely held and entrepreneurial businesses, school systems, small government entities, not for profit organizations and credit unions.

Bowser is an auditor. She received dual bachelors of science degrees in accounting and in finance in 2011 from Geneva College. While at Geneva, she served in an auditing internship with Cottrill Arbutina, and was involved with field inventory counts and testing for activity and athletic funds, general cash disbursement and receipts, payroll and revenue. As an undergraduate, she also was vice president of finance with the college’s Student Union and held an internship with Geneva’s business office.

 

Aug. 8, 2011 – Cottrill Arbutina launches an innovative tool – “My Client Portal” – for clients to have their own personal, private portal accessible from every page on the firm’s website. It provides instant, 24/7 access to accounting and financial information online — any time, day or night — from any high speed internet connection.  The portal also is a solution for sharing and exchanging electronic files securely and quickly. [ More ]

 

MDA "jailbirds"

June 1, 2011 – To raise funds so that the Muscular Dystrophy Association can send 10 children to camp this summer, Cottrill Arbutina & Associates wmployees receive "fun warrants" and are sentenced to MDA Jail “for having big hearts,” but generously are “bailed out” by donations from clients, colleagues and friends. MDA provides help and hope to hundreds of thousands of children and adults across the country who live with neuromuscular disease. [more ]

 

Zahn

June 1, 2011 – Cottrill Arbutina forms a new Employee Benefits and Retirement Plans Group, led by Lawrence Zahn, CPA, drawing together the firm’s collective experience in providing comprehensive audit and consulting services for clients who provide a retirement benefit plan to employees, specifically defined contribution plans.

 

May 2011 – Shareholder Joel Martin joins a dozen men from First Presbyterian Church in Beaver on a humanitarian mission trip to El Limonal, Nicaragua.  Located between a cemetery, sewage plant and a massive garbage dump, El Limonal’s residents earn a living by collecting plastics from the dump. The primary purpose of the mission was to share the good news of the Gospel and to assist the villagers in building a school, partnering with Food for the Hungry, a non-profit devoted to ending physical and spiritual poverty around the world.

 
Above: Joel Martin helps share the Gospel with Nicaraguan children and in constructing a school. Below: Martin's group enjoys a performance by students in El Limonal. Photos by Greg Pelka.
 

May 21, 2011 – Marilynne Donnelly of Cottrill Arbutina’s Beaver office helps lead the annual meeting of the Pennsylvania Division of the International Association of Administrative Professionals® (IAAP) at Clarion, PA, featuring guest speaker Jennifer Antkowiak, morning anchor with KDKA-TV (CBS) in Pittsburgh. IAAP is an international group of 30,000 members worldwide which elevates the value, image, competence and influence of administrative professionals, with Donnelly serving as an officer with its Beaver Valley Chapter.

 

May 20, 2011 – Cottrill Arbutina presents a seminar for clients on the new Statement No. 54 of the Government Accounting Standards Board (GASB 54) involving fund balance reporting and government fund type definitions.  Speakers include Michelle Renz on single audit issues and Chad Agnew on preparing for general audits.

 

May 19, 2011 – The Beaver Business District Authority chooses Cottrill Arbutina's new building as the recipient of its 2nd Quarter Downtown Recognition. The building is recognized for its "outstanding contribution to our business district streetscape.  An unsightly vacant building at 525 Third Street was demolished, and in its place stands an attractive property that houses four new businesses." [ more ]

 

April 2011 – Shareholders Tod Arbutina and John Ellsworthleaders of the firm's Exit Planning Group, co-author the Foreword to the book, How to Run Your Business So You Can Leave It in Style, by John H. Brown, president of Business Enterprise Institute, Inc. Readers will learn about the proven Seven Step Exit Planning Process® that takes them from where they are — running successful organizations — to where they want to be. [ more ]

 

Above: Cottrill Arbutina's team of four squads in this year's "Bowl for Kids Sake" benefitting Big Brothers Big Sisters of Beaver County. Below: bowlers Laura Scala and Lucas Rihely

 

 

 

 

 

 

 

 

March 13, 2011 – The firms of Cottrill, Arbutina & Associates and Cottrill, Arbutina Wealth Management Group field several teams for this year’s Bowl for Kids Sake benefitting Big Brothers Big Sisters of Beaver County. This year, approximately 500 bowlers were expected to participate in the two-day weekend event on March 12-13, 2011, at Sims Lanes in Beaver Falls and Baden Bowl in Baden. The event is the largest annual fundraiser for the agency, which matches quality volunteer adult mentors with at-risk children ages 6 to 14 who reside in Beaver County within a home that lacks the involved and supportive participation of one or both parents. [ more ]

 

Arbutina Forged In SteelMarch 9, 2011 – Tod Arbutina makes a presentation on "Exit Planning" at the third annual Forged in Steel conference at Pittsburgh's Heinz Field, to guide business owners and executives on how they can plan to successfully transition away from their business someday, on their terms. Led by Damian Williams of Leadership League, other speakers include former Pittsburgh Steelers players Craig Wolfley and Jon Kolb, current free safety, Ryan Clark and marketing VP Tony Quatrini. The overall theme focuses is an in-depth, behind-the-scenes look at leadership the "Steelers Way" — leading, teaming and planning — and unpacks the 7 values that drive the team's success.

 

Jan. 7, 2011 – An attractive hand-forged, fabricated steel sculpture is placed on Beaver’s newest office building in the heart of the Third Street business district, commissioned to celebrate the completion of this landmark structure, and as a permanent signature decoration further enhancing Beaver’s ambience as a Pittsburgh Magazine “Top 10 Neighborhood.” It symbolizes the bedrock values, beliefs and culture that have built the Cottrill Arbutina public accounting firm since its founding in 1984. more ]

 

2010 News

 

Arbutina

Nov. 11, 2010 – Tod Arbutina, managing shareholder of Cottrill, Arbutina & Associates, and who heads the firm's Marcellus Shale Group, has been named to a statewide Marcellus Shale communications task force of the Pennsylvania Institute of Certified Public Accountants. In this role, he is advising the PICPA on strategies targeting property owners of natural gas reserves and other mineral rights in the methane-rich Appalachian Basin. These individuals will need knowledge and guidance in taxation and estate planning after receiving windfall lease royalty and bonus incomes. PICPA also wants to educate entrepreneurs in construction, engineering, manufacturing and real estate as well as leaseholders in exploration and production operations. [ more ]  Listen to his podcast for property owners and lease holders.  [MP3, 8.45 minutes, 4.5MB ]

 

Oct. 23, 2010 – The annual silent auction of Big Brothers Big Sisters of Beaver County, co-chaired by Tod Arbutina and his wife Tawnya, raises a record-breaking net of $32,000 to support the agency's mission to help vulnerable children to reach their potential, and an additional $8,000 in capital campaign contributions to assist with the acquisition, relocation and renovation of the agency's new building in New Brighton. With Arbutina's involvement, the auction has raised more than $130,000 over the past several years.

 

Renz

Aug. 30, 2010 – Michele L. Renz, an accountant with Big Four experience who has worked in-house in both Fortune 500 and startup entrepreneurial companies, has joined the firm as a senior accountant. She will provide audit and accounting services for governmental entities including public school districts, municipalities and municipal authorities as well as credit unions. Previously, she was a project manager and controller for a marketing services firm in Illinois, and earlier was a senior accountant at Honeywell International's Sensing and Control Division. She obtained her bachelor of science degree in accounting, magna cum laude, in 1993 from Indiana University of Pennsylvania.

 

Children of the Twa community in Burundi

June 14, 2010 – Former Cottrill Arbutina accountant, small business advisor and QuickBooks specialist Andy Kennedy shares his personal report from Burundi, a central African nation where he and his wife Amy are involved with the work of For His Glory International, a Christian ministry of which they are co-founders. Since 1980, the Kennedys have ministered globally in more than 25 nations. He writes: "Our outreach is in the central African nation of Burundi. Our headquarters is in the capital city of Bujumbura, although our ministry reaches out into all the 16 provinces. Burundi is about the size of the state of Maryland, but has a population of more than 8 million…" [more ]

Left to right: Cottrill Arbutina's Joseph Bevevino; BBBS executive director Pamela Webb; and Maureen Donnelly Distinguished Service Award recipient Fred Clerici. Missing from photo: Pamela Roesch.

April 26, 2010 – Cottrill Arbutina receives the 2010 Outstanding Support of Program Award from the board of directors of Big Brothers Big Sisters of Beaver County. On behalf of the firm, shareholder Joseph Bevevino and Pamela Roesch accept the award, which honors a business, group or individual who has gone above and beyond in supporting the agency. In her remarks BBBS board president Mara Pritchard says that: "Cottrill Arbutina and their staff members have raised thousands of dollars for our children's programs over the last five years through corporate and individual support of our special events. As past treasurer of the board, Tod Arbutina provided invaluable financial expertise to the agency. Additionally, Tod co-chairs our Autumn Auction Dinner with wife Tawnya and co-chairs Brad and Tammy Homan, and thanks to their combined leadership, the auction grew by 25 percent last year.  Finally, Cottrill Arbutina sold its former headquarters to BBBS at a substantially below-market price, helping the agency to realize our vision of a permanent location.” Staff from the office of State Representative Daryl Metcalfe announce that Arbutina is being recognized for five years of service through a House of Representatives Citation.

 

Above, Jack Ellsworth (left) and Joe Bevevino. Below, Cottrill Arbutina's four teams, organized by Pamela Roesch of Cottrill, Arbutina Wealth Management Group (back row, far left).
 

March 14, 2010 – Cottrill Arbutina fields four teams in support of the 26th annual "Bowl for Kids Sake" event, the largest, most successful fundraiser benefit for Big Brothers Big Sisters of Beaver County. The teams include "Dual Tools," "Tax Masters," "Morning Stars" and "Significant Deficiencies." The annual bowling competition is held held at Sim's Lanes in Beaver Falls, PA.

 

Jan. 31, 2010 – The Beaver County Times covers the news of the firm's headquarters construction in a story entitled "Downtown Beaver Project to Begin Anew," quoting firm president Dale Cottrill.Full text ]

2004-2009 news archive

 

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