Agility.
Where Stability Meets Change.
Annual Report Fiscal Year 2022Forging Our Path.
2022 was a banner year for Wolf & Company, P.C. – we’re proud of the ways our organization has grown and adapted to meet new standards, challenges, and client needs. This year alone, we launched several new service offerings including DenSecure™–our advanced team of cyber experts, and Outsourced Accounting Solutions–back-office finance and accounting advisory expertise for companies of all sizes. Developing dynamic new services while breaking into emerging industries like cannabis & cleantech proves that Wolf is agile and able to spot and fulfill the burgeoning needs of our client base.
We continue to grow as a firm, seeing an exciting 91 new hires and 16 interns this year while also seeing our national strategy blossom across 48 of the United States. We continue to exhibit a strong industry presence, showcasing our 110+ years of experience and our cutting-edge thought leadership at events across the country.
This is also a year of transition for leadership. As Mark O’Connell looks forward to retirement, the firm has selected Jerry Gagne as the next Chief Executive Officer of Wolf. Jerry’s financial & technical expertise, leadership skills, and innovative mindset help us continue our mission of providing stability & confidence with our clients, people, and the communities we serve.
Our annual report highlights yesterday, today, and what lies ahead. Our flexibility, stability, and commitment to change allow us to break the mold of a traditional accounting firm while continuing to hold onto to our 110+ year values.
It was a challenging year in many respects, from the economy to the effects of the great resignation, but at Wolf as usual our people rose to the occasion. Our people provided unparalleled guidance to our clients and our leadership worked hard to address the concerns of our people. Together Wolf turned a challenging year into a success.
- Mark A. O'Connell
Former President & CEO
FIRM ACHIEVEMENTS Obstacles Into Opportunities
The firm experienced an exciting year of expansion, growth, and implementation with our clients in 2022. The pandemic aftermath uncovered opportunities for the industry to hyperfocus on being adaptable, resilient, and ready for evolution. Here are examples of how we are always striving for new heights for our clients.
Expanded
national & global practices for crypto & blockchain, consumer goods and industrial products, international tax, public companies & smart contract audits
Launched
our DenSecure brand to expand our cybersecurity experts, Outsourced Accounting Solutions, suite of virtual consulting services (vSuite) and cannabis focused industry
Implemented
Dayshape, SOC software, AuditDashboard, + the tax tools to create efficiencies for clients
"Top 100 Firms"
"Best Places to Work"
"America's Best Tax & Accounting Firms"
"Top 100 Firms"
EMPLOYEE HIGHLIGHTS Honoring Excellence
Congratulations to all of our hardworking professionals on their recent accomplishments & new certifications!
- Anti-Money Laundering Professional (AMLP)
- Certified Anti-Money Laundering Specialist (CAMS)
- Certified Blockchain Security Professional (CBSP)
- Certified Business Continuity Professional (CBCP)
- Certified Cloud Security Professional (CCSP)
- Certified Common Security Framework Practitioner (CCSFP)
- Certified Cryptocurrency Risk Specialist (CCRS)
- Certified Data Privacy Solutions Engineer (CDPSE)
- Certified Enterprise Risk Professional (CERP)
- Certified Fraud Examiner (CFE)
- Certified HITRUST Quality Professional (CHQP)
- Certified Healthcare Provider Continuity Professional (CHPCP)
- Certified Internal Auditor (CIA)
- Certified Information Privacy Manager (CIPM)
- Certified Information Security Manager (CISM)
- Certified Information Systems Auditor (CISA)
- Certified Information Systems Security Professional (CISSP)
- Certified Public Accountant (CPA)
- Certified Regulatory Compliance Manager (CRCM)
- Certified Regulatory Vendor Program Manager
- Certified ScrumMaster (CSM)
- Certified Smart Contract Developer (CSCD)
- Certified in the Governance of Enterprise IT (CGEIT)
- CompTIA Security+
- GIAC Penetration Testing & Cybersecuirty Certifications (GCIH, GCIA, GCPM, GCUX, GCWN, GCPN, GCCC, GDAT, GMOB, GPEN, GSEC, GSE, GWAPT)
- Juris Doctor (JD)
- Master Business Continuity Professional (MBCP)
- NAFCU Certified Risk Manager (NCRM)
- Offensive Security Certified Professional (OSCP)
- Payment Card Industry Professional (PCIP)
- Qualified Security Assessor (QSA)
- Resource Management Certified Professional (RMCP)
MAKING A DIFFERENCE Diverse Workforce
44%
of employees are women
41%
of our leaders (managers & above) are women
3
Employee Resource Groups
Cultures of Wolf
LGBTQ+ Alliance
Women of Wolf (WoW)
In 2022, Wolf has continued to strive for an inclusive workplace. We recognize that we are only a part of the solution, which is why we are taking the steps to create a place where everyone feels welcomed, supported, and valued. This is only the beginning for our firm, but we are committed to enhancing our strategies for inclusion & diversity as we continue to expand.
MAKING A DIFFERENCE Impacts Made
The work we do at Wolf includes more than just the services we offer. We strive to make an impact not only within our own workplace culture, but also in the community.
ADVANCING TALENT Investing In Our People
As we grow in scope and reach, so does our client base and people. We encourage our employees to learn, strengthen their skill set, and refresh. Our commitment to the health and well-being of our people creates an environment where people are eager to work and feel respected, which allows our clients to feel valued.
CPE Credits Awarded
Education Development
Promotion Rate
Training Courses Attended
REACH & INFLUENCE Connecting & Networking
We strive for keeping our clients current with the latest industry changes, services offered, technology enhancements, and trends. This year we shared our perspectives by hosting conferences and round tables & producing alerts, case studies, insights, on-demand webinars and more.
0
Attended Events
0
Speaking Opportunities
0
Hosted Events
THE FUTURE OF WOLF Where We're Headed
In 2022, our firm continued to showcase our determination to grow and evolve in times of uncertainty. Our ability to adapt and seek new opportunities, while maintaining our roots from the traditions we have shared over the last 110+ years, is what makes us unique. No matter the disruption in years to come, we are prepared to drive growth and positive change for our firm and community.
Scaling Up
In the last year we have expanded our workforce by 31%, expanded our footprint nationally & continued to secure our position as “Best Places to Work” and “Top 100 Accounting Firm.”
Performance Enablement
We as a firm set a tone from the top. Growth, diversity, and employee retention are continued areas of focus to enhance efforts in culture, recruiting, and training.
Client Experience
From specialized strategy and technology, we commit to providing our clients with guidance and expertise to unleash new opportunities and maintain resilience.
Innovation
As we embrace new technologies, respond to emerging marketplace opportunities, and discover new ways to make an impact, Wolf’s sights are set on the future and “our next 100.”
