Seth Kamens, Managing Member at Kamens & Associates was recently featured in a NJBIZ article, “CPA Firms Evolve Into Strategic Business Advisors” authored by Marty Daks.
In today’s fast-changing business environment, CPAs have evolved from focusing solely on reporting past performance to playing a pivotal role in strategic decision-making. They now use their expertise to foster innovation, maintain compliance, and deliver critical insights that help guide the future direction of organizations.
When the owner of a company in North Jersey passed away, the descendants estimated the company would be worth around $1.2 million, but Kamens intervened, “We did an in-depth valuation and determined that it was worth over $5 million. This significant difference allowed the descendants, to take offers for the business, instead of just closing shop. I always look for value outside the typical, and this is just one example of how CPA firms are increasingly moving beyond traditional accounting services.”
Kamens emphasized the importance of a holistic approach to client service. “We aim to help clients in a variety of capacities, from financial planning to strategic advisory…The industry has to keep going this way.”
To read the article, please click here: https://bit.ly/3WBEXqa
ABOUT SETH KAMENS:
Seth Kamens is the Managing Member of Kamens & Associates, and a New Jersey and New York Certified Public Accountant. His education and work experience in financial services, accounting and entrepreneurial endeavors uniquely qualifies him as an ideal resource for closely held businesses, startups, and established firms.
As a CPA and former financial advisor, Seth brings a powerful and diverse background to help clients achieve both their short-term and long-term financial goals.
Always interested in promoting the industry, Seth has spoken about CPA and entrepreneurship to students at St. Peters College, Jersey City, NJ.
Prior to starting Kamens & Associates, Seth worked at several well-known New York City firms, such as Morgan Stanley, Merrill Lynch, Deloitte, and Cohn, with an accentuation on tax and financial planning. He holds an MS in Accounting from Pace University, an MBA from George Washington University with a joint focus in Finance and International Business, and a BA from the University of Maryland.
ABOUT NJBIZ:
Serving the community since 1987, NJBIZ provides business leaders and executives with the news and information that matters most. NJBIZ connects and informs businesses through targeted networking and lead-generation opportunities via recognition events, thought-leadership panel discussions, weekly lists, the annual Book of lists, along with premium online data. NJBIZ is in the business of connecting people and brands with information and each other.