Ringold Financial Management Services and Cendrowski Corporate Advisors Form Joint Venture Partnership

Partnership Facilitates a Unique Combination of Financial and Accounting Skills to Meet Growing Demands of Governments and Municipalities

CHICAGO--()--Ringold Financial Management Services (“Ringold”) and Cendrowski Corporate Advisors (“CCA”) today announced the formation of a joint venture partnership (“JV”). The JV combines skills from both firms to target the public sector’s growing need for forensic accounting, auditing, risk management, corporate and internal investigations, management consulting, project management, director risk planning, and training. Government and municipal contracts in Cook County and the City of Chicago will be the focus of the JV.

“We are extremely fortunate to partner with Ringold’s experienced team to deliver government-focused services directly benefitting Chicagoland taxpayers,” said Harry Cendrowski, Managing Director of CCA. “Our partnership with Ringold will help clients maximize revenue, manage costs, and deter fraud.”

Ringold is a licensed Certified Public Accounting and Management Consulting firm with a successful record as a rapidly growing Minority Business Enterprise. “We bring sophisticated project management expertise to the economic challenges facing Chicago-area governmental agencies and municipalities,” said Michelle Ringold, President and CEO of Ringold Financial Management Services. Among other engagements, the firm managed the accounting conversion of over 300 Chicago public schools, voucher audits for the City of Chicago, and the development of numerous disaster recovery plans. Last year, Ringold’s headquarters was selected by Illinois Governor Pat Quinn as the site for his press conference announcing the Illinois Small Business Job Creation Tax Credit. “Our JV with CCA directly complements our portfolio of existing services. We feel this collaboration will be especially fruitful for Ringold and its clients.”

CCA, a financial consulting and litigation support firm, has assisted private and public-sector clients, including banks, private equity investors, fund-of-funds and the FDIC. The 28-year old firm possesses extensive experience working with local, state, and federal agencies. Its team members include a former SEC compliance officer, a former FBI special agent, and numerous accounting and operational professionals who previously served at international CPA firms. They have authored numerous professional publications, including critically-acclaimed books centered on enterprise risk management, fraud deterrence, and private equity finance.

About Ringold Financial Management Services

Ringold Financial Management Services (www.ringoldfinancial.com) is a licensed CPA firm, SBA Certified Small Disadvantaged Business (SDB), SBA 8(a) firm, Woman-Owned Small Business (WOSB), and is GSA approved for FABS 520 Schedule. Ringold is also certified as a Woman owned Business Enterprise (WBE), a Minority Business Enterprise (MBE), and a Disadvantaged Business Enterprise (DBE) with the City of Chicago; WBE and MBE certified with Cook County Government; and DBE certified with the State of Illinois, Metra, Pace, CTA, and RTA. Ringold provides auditing, accounting and tax services, financial management, management consulting, project management, and training to public and private sector entities and non-profit organizations. The firm has extensive experience in construction accounting, job costing, and construction compliance. Currently, Ringold is a Prime Consulting firm for the City of Chicago Supplier Diversity Program providing audit and management consulting services.

About the Cendrowski Companies

Cendrowski Corporate Advisors (www.cca-advisors.com) is a full-service financial consulting and litigation support firm with offices in Chicago, IL and Bloomfield Hills, MI. The firm specializes in business valuations, economic damages analyses, expert witness testimony, back and middle office operations, fraud investigation and deterrence engagements, and forensic accounting services. Affiliated companies include the tax and accounting firm of Cendrowski Selecky PC (www.cendsel.com) and the independent, multi-client family office firm of Prosperitas Group (www.prosperitasgroup.com). CCA works extensively with Chicago-area law firms, private and public companies, non-profits, banks, and government entities. Founding member Harry Cendrowski, CPA, ABV, CFF, CFE, CVA, CFD, CFFA, is the lead author of “Enterprise Risk Management and COSO: A Guide for Directors, Executives, and Practitioners” (Wiley 2009), “Private Equity: History, Governance, and Operations” (Wiley, 2008), and “The Handbook of Fraud Deterrence” (Wiley, 2006).

Contacts

For Cendrowski Corporate Advisors
Legal Expert Connections, Inc.
Margaret Grisdela, 1-866-417-7025
mg@legalexpertconnections.com

Release Summary

Government and municipal contracts in Cook County and the City of Chicago are the focus of a joint venture announced today by Cendrowski Corporate Advisors and Ringold Financial Management Services.

Contacts

For Cendrowski Corporate Advisors
Legal Expert Connections, Inc.
Margaret Grisdela, 1-866-417-7025
mg@legalexpertconnections.com