Formed in 1981, Frazier & Deeter is one of the largest and fastest-growing accounting practices in the U.S. The firm and its FD family of brands now boasts nine offices across the United States and one in the United Kingdom. Alongside its rapid growth, Frazier & Deeter has won numerous awards, including being recognised repeatedly as a Best of the Best Accounting firm, Best Firm for Women, Best Firm to Work For, Practice Innovation and Most Admired Firm.
Have you ever wanted to really make a difference?
Many years ago two CPAs grew tired of the traditional accounting firm. They wanted to spend more time with their clients, and to get to know them at a deeper level. Traditional CPA business models are based on the premise that partners spend relatively little time with their clients and bill for every phone call. That’s the way CPA firms “have always done it.”
Breaking the traditional CPA firm model
So Jim Frazier & David Deeter started a firm where they could do things differently. Things like partners spending more time with their clients and with the firm’s associates. Like returning phone calls quickly and supporting the community, even if it means less hours billed.
Attracting great people
Jim & David set out to hire people who were curious and wanted to get to know their clients at a deeper level. And it worked. People came from the largest accounting firms in the world, the PCAOB, and great colleges. And they continue to do so today, nearly 40 years later.
Frazier & Deeter cultivates a growth mindset and instills in our people the belief that we must be adaptive and entrepreneurial and we make a difference for our clients and each other.
Looking toward the future
Today, FD is one of the largest and fastest-growing firms in the U.S., and we’ve won some awards along the way – Best of the Best, Best Firm for Women, Fastest Growing, Best Firm to Work For, Practice Innovation, Most Admired – you get the picture. We think that’s because every day we focus on our brand promise of Investing in Relationships to Make a Difference.
Our Member Spotlight is a Q&A with our member which covers some of the key issues in their sector, and gives an a greater insight into the firm and their operations.
Our world and the business environment are changing rapidly, and this is creating a healthy opportunity for the profession to evolve alongside the market’s needs. Expanding beyond traditional compliance services and expanding speciality practices allow us to be nimble as new trends emerge in the marketplace. As we move into 2022, FD is focusing on business transformation for our clients and firm.
We could detail meeting firm growth needs, industry line expansion, legislative updates and 10,000 + tax returns prepared in a primarily virtual environment in 2021; however, our team is a global community of professionals who have successfully transitioned how they work multiple times over the past two years. In the face of tremendous opportunity, our people have remained curious, entrepreneurial, collaborative and focused on exceeding our clients’ expectations.
FD’s international client base comprises roughly ten per cent of our work.
FD was founded by offering traditional accounting services, and we continue to excel in these areas. We have expanded to include a robust consulting practice and offer a full range of services to support diverse aspects of operations, from strategic planning and technology controls to employee engagement and customer experience. We understand that new issues arise as a company grows and businesses transform. Our team is here to support organizations as they navigate these challenges.
FD and our family of businesses serve clients from the Fortune Global 500 companies to growing small businesses. A Top 50 firm, we have been recognized as a Best of the Best CPA firm, a Best Firm to Work For® and a Top Firm for Women.
Our team serves clients across the globe from FD’s worldwide locations. While location matters less than ever and we are dynamic in our approach, our traditional offices are based in the US and the UK.
FD provides a blend of deep expertise and technical knowledge, combined with a relationship-driven approach that helps organizations look ahead and successfully transform their businesses. As organizations grow, we offer a unified approach to guide our clients through the continually changing business environment.
Trust is at the core of business transformation, and trust is driven by strong relationships. As we look to the next five years, we turn to our brand promise for inspiration: Investing in Relationships to Make a Difference® in our clients, our team and our communities.