Our Firm

Our team of seasoned pros combines the experience of a large firm with the personal and collaborative attention that only a small firm can deliver. Our professional service associates work together to formulate the optimun approach to meet your needs. Our clients come back to us year after year because they know they are in good hands. We work to develop long-term relationships; whether your needs are simple or complex, we're here to serve you.

Our People

Jim Richman, CPA, MSW.  

The founding member of our firm, Jim, graduated with honors from the University of Wisconsin in 1971.  Following a ten-year career in the helping professions working with youth and families, for over 35 years, Jim has parlayed his people skills and tax and accounting expertise to provide local individuals, nonprofits, professional services practices, and small businesses with the highest standards of CPA services.  Prior to establishing Richman & Associates, LLC, Jim helped develop one of Portland’s largest local firms, providing tax and audit services to the full range of individuals and industries served by the firm and serving as the firm’s Director of Not-for-Profit Services.  Jim’s style is to immerse hands-on in a collaborative service delivery approach. 

Jim’s free time is dedicated to commitment to his family and community, and he travels the world with his wife.

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Faith Simpson, CPA, Nonprofit Services Associate

Faith earned her undergraduate degree in Economics (1994) and Master of Science in Accounting (1996) from the University of Illinois.  Joining our team in 2010, Faith brings a wealth of experience in both private and public accounting to augment her current specialization in audit and tax work with our nonprofits.  Combining the technical and communication skills so crucial to our profession, our clients especially appreciate Faith’s ability to minimize disruption to normal operations while efficiently and insightfully conducting audit fieldwork.

Outside of work, Faith enjoys hiking in and around Portland and trips to the Oregon coast with her husband and two sons. 

 

Nancy Mack, CPA, Tax Services Associate

Nancy graduated with high honors in Accounting from Portland State University in 1991.  Nancy has demonstrated remarkable versatility in her accounting career, providing tax and accounting expertise in a variety of professional settings: public accounting firms, private businesses, and governmental agencies.  Nancy joined our firm for the 2011 tax filing season, and we have welcomed her back as an integral member of our tax preparation team every tax season since.

Outside of work hours, Nancy loves outdoor activities - hiking, flatwater kayaking, and snowshoeing to name a few.   At home, she loves reading, fixing up her 110 year-old house, and spending time with her family.

Jennifer Hughes,  Administrative Associate

Jennifer is uniquely qualified as our firm’s administrative associate:  In addition to seven years as a customer service agent for a national telemarking firm, Jennifer’s career includes over 14 years providing executive-level support and office management for small and medium-sized local CPA firms. Since joining our firm in Fall 2018, Jennifer has demonstrated her dedication to our clients and our firm.  Jennifer’s experience-based skills in organizing and maintaining our administrative function are integral to the firm.

When not at work, Jennifer enjoys creating jewelry, scrapbooking, actively volunteering at her church and with the National Kidney Foundation, and spending time with her family.

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Our Credentials

In addition to maintaining compliance with the demanding annual continuing professional education requirements of our profession, our firm participates in the triennial Peer Review program prescribed by the American Institute of Certified Public Accountants and the Oregon Board of Accountancy. Our firm was last reviewed in May 2016.  As in each of our prior reviews, the resulting assessment of the quality of our accounting and auditing practice was the highest rating available in our industry. 

To stay  on the leading edge of standards and trends of the nonprofit industry, on a bi-annnual basis Jim Richman attends the AICPA’s National Not-for-Profit Conference. At this conference, leaders and policy-makers of the not-for-profit sector of our profession present on all aspects of nonprofit organizations, including accounting, auditing, tax, governance, and fund-development. 

Our nonprofit service associates maintain compliance with the additional continuing education required by Federal regulations for firms performing audits under the Uniform Guidance for nonprofits that expend more than $750,000 in Federal awards. 

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