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Former Public Company Accounting Oversight Board (PCAOB) Inspector Joins Marks Paneth as Partner in Professional Practice Group

NEW YORK, NY -- (Marketwired) -- 07/28/14 -- Accounting firm Marks Paneth LLP announced that Keith C. Peterka, CPA, has joined the firm as partner in the Professional Practice Group, which oversees the firm's compliance with and implementation of accounting, auditing and attestation standards.

In his new role, Mr. Peterka will consult internally and externally on issues involving auditing, financial reporting and ethics standards, as well as perform engagement quality control reviews of audit and accounting engagements. He will also design and conduct internal training in professional standards to improve policies, systems and procedures to aid the firm in meeting and exceeding professional standards.

Mr. Peterka has over 20 years of experience dealing with complex accounting and reporting issues and is a recognized as a technical resource for revenue recognition, impairment and FIN 48. He has previously advised publicly and privately owned companies on International Financial Reporting Standards (IFRS), US Generally Accepted Accounting Principles (GAAP) and matters related to financial reporting, auditing and quality review.

"The environment in which both public and privately owned businesses operate in is becoming increasingly complex, and Keith's deep experience involving domestic and international reporting, accounting and auditing standards strengthens the services we offer our sophisticated clients," said William M. Stocker III, CPA, Partner-in-Charge of the Professional Practice Group at Marks Paneth.

Mr. Peterka comes to Marks Paneth from the Professional Standards Group at CBIZ/Mayer Hoffman McCann PC. Before that, he was an inspector with the Public Company Accounting Oversight Board (PCAOB). He serves on the American Institute of Certified Public Accountant's Technical Issues Committee and is a member of the Pennsylvania Institute of Certified Public Accountants. Mr. Peterka holds a Bachelor of Science in Accounting from Robert Morris University. He is a resident of Bethlehem, PA.

For more information or to speak with Keith Peterka, please contact Katarina Wenk-Bodenmiller of Sommerfield Communications at (212) 255-8386 or [email protected].

About Marks Paneth LLP

Marks Paneth LLP is an accounting firm with over 500 people, of whom approximately 65 are partners and principals. The firm provides public and private businesses with a full range of auditing, accounting, tax, consulting, bankruptcy and restructuring services as well as litigation and corporate financial advisory services to domestic and international clients. The firm also specializes in providing tax advisory and consulting for high-net-worth individuals and their families, as well as a wide range of services for international, real estate, media, entertainment, nonprofit, professional and financial services, and energy clients. The firm has a strong track record supporting emerging growth companies, entrepreneurs, business owners and investors as they navigate the business life cycle.

The firm's subsidiary, Tailored Technologies, LLC, provides information technology consulting services. In addition, its membership in Morison International, a leading international association for independent business advisers, financial consulting and accounting firms, facilitates service delivery to clients throughout the United States and around the world. Marks Paneth LLP, whose origins date back to 1907, is the 33rd largest accounting firm in the nation and the 10th largest in the Mid-Atlantic region. In addition, readers of the New York Law Journal rank Marks Paneth as one of the area's top forensic accounting firms for the fourth year in a row.

Its headquarters are in Manhattan. Additional offices are in Westchester, Long Island and the Cayman Islands. For more information, please visit www.markspaneth.com.

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