McCarthy & Company Receives Luca Pacioli Award from Thomson Reuters for its Response to the COVID

LAFAYETTE HILL, Pa. - Dec. 7, 2020 - PRLog -- McCarthy & Company, PC, a provider of COVID-19 recovery services, is pleased to announce that the firm was selected as the Luca Pacioli Award winner by Thomson Reuters in the COVID-19 Response category. The award recipients were announced on November 10 at Thomson Reuters' SYNERGY virtual users conference.

The Luca Pacioli Accounting Awards are named in honor of Luca Pacioli – known as the "father of accounting" – and his contributions to the profession. Thomson Reuters has a tradition of recognizing tax and accounting firms and individuals who embody Pacioli's spirit of invention and innovation, and who demonstrate a mastery of accounting and technology.

"We are very proud to receive this award," says Marty McCarthy, CPA, CCIFP, managing partner of McCarthy & Company. "As soon as the pandemic hit, we immediately shifted our focus from compliance to consulting. Many of our clients were faced with the potential for a significant adverse effect on their business. We knew that we had to act fast to help them. Our team quickly learned all about the programs offered by the federal, state, and local governments. We invested time following, reading, interpreting, and opining on the provisions of the Coronavirus Aid, Relief, and Economic Security (CARE)S Act, Families First Coronavirus Response Act (FFCRA), Payroll Protection Program (PPP) and numerous other programs.

"We are proud to honor the exemplary efforts of those in tax, accounting, and legal operations. In what has been a challenging year, each applicant had an interesting and unique story to tell," said Brian Peccarelli, chief operating officer of Customer Markets for Thomson Reuters. "The new challenges brought forth by the pandemic also prompted us to add a new category this year for tax and accounting firms responding to COVID-19. Congratulations to McCarthy & Company for being our COVID-19 Response award recipient."

"Our prompt attention and assistance with clients getting funds kept all their doors open. Not one has gone out of business," adds McCarthy. "We were proactive, got ahead of the curve, and used the pandemic as an opportunity to showcase our talents." The firm is now offering a unique mix of COVID-19 recovery services to help clients rebuild and restructure.

McCarthy can be contacted at 610.828.1900 or Marty.McCarthy@MCC-CPAs.com. More information on the firm is available at MCC-CPAs.com.

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McCarthy & Company, PC, is an accounting and advisory firm that prides itself on providing clients with a high level of personalized service. Since 1967, the firm's priority has been to ensure that clients continually strengthen their financial position. The firm specializes in construction accounting and has been recognized by Construction Executive as a Top 50 Construction Accounting FirmTM in 2020 in 2019.