Mayer Hoffman McCann P.C.

Mayer Hoffman McCann P.C. (MHM) is a national CPA firm founded in Kansas City, Missouri and is now headquartered in Leawood, Kansas. MHM has over 30 offices in the United States.^[1] MHM is a member of Kreston International,^[2] a member of the Forum of Firms, which has more than 700 offices in over 105 countries.^[3]

Early History

MHM dates back to 1954 with Ernst D. Mayer in Kansas City, Missouri. In 1960 the practice merged with Bill Hoffman’s practice. MHM officially became Mayer Hoffman McCann in 1978 when Chuck McCann was added as a managing partner.^[4]

Association with CBIZ, Inc.

• In 1998 MHM spun off its tax and consulting practice, which was merged into Century Business Services, Inc, now known as CBIZ, Inc.^[5] That tax and consulting practice now operates as CBIZ MHM, LLC (a division of parent company CBIZ, Inc.). MHM maintains an association with CBIZ through an administrative services agreement and practices public accounting through an alternative practice structure as defined in American Institute of Certified Public Accountants (AICPA) Ethics Interpretation 101-14. However, MHM is owned and managed by its CPA shareholders.
• Mayer Hoffman McCann and CBIZ are ranked by Accounting Today as one of the top national accounting providers in the country, ranking #11 (down three from 2013) the 2014 ranking that was issued on March 7, 2014.^[6]

Services

MHM’s services^[7] include:

• Financial Statement Audits
• Financial Statement Reviews
• Employee Benefit Plan Audits
• HUD Audits
• OMB Circular A-133 Services
• SSAE 16 and Service Organization Control Reports
• Yellow Book Audits
• SEC & IPO Advisory Services
• Fair Value Consulting
• Derivatives & Hedge Accounting
• IFRS Consulting (International Financial Reporting Standards)
• Agreed-upon Procedures
• Forecasts & Projections

Industries

MHM provides audit and attest services to industries^[8] including:

• Architecture, engineering and construction
• Manufacturing, retail and distribution
• Government
• Financial Institutions
• Software, high-tech and life sciences
• Not-for-profit

Other

• In 2010, one of MHM’s audit clients, the City of Bell, CA, came under fire amidst allegations of financial mismanagement that ultimately led to the resignation and arrest of many of the city’s top municipal officials. MHM was fined by the California Board of Accountancy in the amount of $300,000 for failure to follow auditing standards. In addition, their license was suspended for six months. With respect to the quality of MHM's work, the state controller's office remarked that MHM audits are "little more than a "rubber-stamp.""^[9]
• MHM is licensed in all 50 states and a member of the AICPA's Center for Audit Quality, the Employee Benefit Plan Audit Quality Center, the Governmental Audit Quality Center and the Canadian Public Accountability Board.^[10]

See also

• City of Bell scandal

References

External links

• Mayer Hoffman McCann P.C.