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Tom Telling, Leo Trombley, Jack Conroy and Michael Boulrice (left to right) form the nucleus of a merged accounting firm

PLATTSBURGH -- A new Certified Public Accounting firm has grown from the merger of two local firms.

The new company, Conroy, Boulrice, Telling and Trombley, Certified Public Accountants, PC, was formed when Leo P. Trombley, PLLC, Certified Public Accountant, joined Telling & Conroy, CPAs, PC, effective Feb. 19.

The two businesses were very similar, Jack Conroy said.

"We're big on corporate and individual taxation. We do a lot of audits for corporate entities, but also for government and not-for-profits," Conroy said.

Telling and Conroy grew from a small company Tom Telling's father, Ray Telling, purchased from Jack Mulholland in 1968. Ray Telling was with the firm until 1990.

Conroy worked at the firm for three or four years starting in 1982. He then moved on, but came back when he purchased the majority of the business from Tom Telling in 2000.

The decision to merge with Trombley was due to growth of the business, Conroy said, a three-fold increase since he purchased the firm.

Trombley's business was formerly located at 13 Latour Ave. He started out on his own in 1976, while he was teaching accounting at Plattsburgh State.

Trombley joined with other accountants and worked independently several times since then. He began looking for a company to merge with as he moved toward slowing down.

"My past few years I've been exploring the possibility of joining with another firm. Jack's firm was the most viable," Trombley said.

The new company has 10 people on staff during tax season. There are five CPAs and five support staff, Conroy said, and some of the support staff are working toward being licensed as CPAs.

Conroy said computerization has updated the accounting world.

"You don't need as many staff as you did when we did things manually," he said.

Accountants also need to keep up with changing tax laws.

"It seems every tax simplification that comes out makes things more complex," Conroy said.

Michael Boulrice said the Sarbanes-Oxley legislation passed in 2002 in response to accounting scandals at companies such as Enron and WorldCom has led to other changes.

Conroy said that while the legislation mainly affects the securities exchanges, the company sees its effect in auditing of government and not-for-profit entities.

Conroy said CPAs are required to get 40 hours of continuing education each year.

"It keeps us current on corporate and individual tax issues," Conroy said.

Because the firm's CPAs do audits and are members of the American Institute of CPAs, they have to undergo a peer review every three years. Both firms received clean opinions in their latest reviews.

Conroy grew up on the family farm in Michigan, one of eight brothers and sisters. He received his Bachelor of Science degree from Central Michigan University in 1980. He is a licensed Certified Public Accountant in Michigan and New York.

Boulrice grew up in Altona and received his Bachelor of Science in accounting from Plattsburgh State University in 1991 and is a licensed public accountant in New York.

Boulrice worked locally for five years, then took a job with a CPA firm in Syracuse for nine years. He said that toward the end of that time, Conroy called him two or three years in a row, asking him to return to the North Country.

"The last time he called, the timing was right. I moved back here in November 2005," Boulrice said.

Telling grew up in Madison, Wisc., but spent his high-school years in Plattsburgh. He received his Bachelor of Science in accounting from the University of Illinois and is a licensed public accountant in New York and Vermont.

Telling spent three years practicing public accounting in Bloomington, Ill., starting in 1977. He came to Plattsburgh in 1980 and worked with his father, Ray, until he retired in 1990.

Trombley is originally from Churubusco.

He received his Bachelor of Science in accounting from the State University of New York at Albany and his Master of Science from Appalachian State University in North Carolina.

He has 10 years experience as an accounting professor in the State University of New York system. He started full time in public accounting in 1980, and is a licensed CPA in Florida and New York.

Conroy said the firm hasn't had to do much advertising.

"Most of our growth is through word of mouth. It's the result of the quality and timely service we provide to our clients," he said.

The new firm can be reached at 561-3790.

dheath@pressrepublican.com

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