News


D. Paul Regan awarded California Society of Certified Public Accountant’s “Distinguished Service Award”

This recognition is awarded to individuals who exhibit extraordinary contribution to the profession, CalCPA, and/or the community.  Paul has served as a Board Member and Chairperson for CalCPA.  He is also active in the Hillsborough community, where he serves on the Town Council and has served as Mayor and on the School District Board of Trustees.

Click here to see the award

Hemming Morse, Inc. ranked 7th in the Nation for Number of Certified in Financial Forensics (CFF) Designations.

AICPA, the leading national professional organization for CPAs, ranked Hemming Morse 7th in the country for number of professionals with the CFF (Certified in Financial Forensics) designation.  Applications for CFF designation are granted by the AICPA only to CPAs who demonstrate considerable expertise in forensic accounting through their knowledge, skill, and experience.  We are proud to offer our clients the skilled services of this great group of professionals in our firm.

Hemming Morse, Inc. Named One of 2008’s “Best Forensic Accounting Firms”

Northern California’s daily legal newspaper, The Recorder, has named Hemming Morse one of 2008′s “Best Forensic Accounting Firms” based on a reader’s poll.  Hemming Morse ranked 2nd place, tied with PricewaterhouseCoopers.  Deloitte was ranked 1st and Ernst & Young was ranked 3rd.  We are honored to be regarded in the ranks of larger firms’ expertise, while still providing the personal attention of a smaller firm.

Paul Regan testified as an expert on behalf of plaintiffs in (California Baristas of Starbucks) Chou v. Starbucks. Verdict in favor of the plaintiff’s in the amount of $86 million plus interest of $20 million.

Paul Regan served as an expert and testified at trial on behalf of plaintiffs in (California Baristas of Starbucks) Chou v. Starbucks. The litigation involved whether it was improper for Starbucks to allow its shift supervisors to share in the tips provided by customers. The plaintiffs asserted, and the Court agreed, that the shift supervisors should not have taken a portion of the tips. The Court awarded the Baristas $86 million in damages plus $20 million in interest.   Mr. Regan testified that the shift supervisors received tips for 50,674,694 hours of work during the class period in California Starbucks stores.

Dan Ray and Greg Regan make presentation to California Society of CPA and Bar Association of San Francisco titled “An Independent Monitor’s Perspective of Compliance with the Foreign Corrupt Practices Act.”

Dan Ray, who is currently serving as a Monitor for Siemens Healthcare Diagnostics, made a joint presentation to the California Society of CPA’s and Bar Association of San Francisco on January 15, 2008. Joining Dan in this presentation were Greg Regan, fellow Director at Hemming Morse, and attorney Martha Boersch, with the law firm of Jones Day. The topics discussed during the presentation included the rules governing the Foreign Corrupt Practices Act (“FCPA”), the roles of the Department of Justice and Securities and Exchange Commission in FCPA matters, the role of the appointed Monitor, and accounting issues related to the FCPA.