The firm works with more than 300 clubs from an audit and accounting standpoint so no other firm has as deep a well of practical experience or a more sophisticated understanding of club operations. We know what works in the industry and can provide a competitive context for each type of club and each area of club operations. Using this knowledge, we produce the annual Club Operating and Management Data survey, a statistical study of private clubs in the Northeast that provides invaluable benchmarking data. We also share monthly statistical information and create a variety of specific statistical studies over the year on subjects such as club dues, capital expenditures and salary benchmarking.
The firm routinely deals with challenging issues relating to financial reporting, unrelated business income, nontraditional activities, sales tax and relationships to outside interests. The government constantly scrutinizes clubs with respect to these issues and the firm is extremely well versed in the regulations of federal, state and local governments. More club managers and trustees depend on us than any other firm in the country. We have long worked towards uniformity of financial reporting for private clubs. One of our partners was chosen to serve on the committee created to update the Uniform System of Financial Reporting for Clubs, published by the Club Managers Association of America. Another of our partners served as editor of the National Club Association publication, The Federal Tax Treatment of Private Clubs.
Our partners bring distinguished background and achievements to this field and more than 180 years of combined experience serving clubs. We continue to present at the national and regional level at events such as the annual conferences of the Club Managers Association of America, National Club Association and the Hospitality Financial and Technology Professionals.