Richard F. Fischer, CPA
Partner
Office - 412.281.8771 x232
Office - 412.281.8771 x232
EXPERIENCE
Richard is the Partner in Charge of the Accounting and Auditing Department of Louis Plung & Company. He has
more than 24 years of accounting and auditing experience in audits, reviews, compilations and internal control
engagements in the public, private and governmental sectors. His clients ranged in size from start up
companies to multi-billion dollar corporations. His extensive industry experience includes construction, real
estate, manufacturing, communication, wholesale distributors, retail and employee benefit plans. Richard joined
the firm in 1999, prior to joining Louis Plung & Company; he worked for two of the “Big Four” accounting firms.
Over his 24-year career Richard’s experience included designing, testing and evaluating company’s internal control systems with respect to their financial reporting systems. He also designed, tested and evaluated the cost accounting systems utilized by his manufacturing and communication clients. This testing and evaluation process consisted of critically reviewing and challenging the components of overhead as well as the method used for allocating overhead among contracts or entities. Further Richard assisted in identifying, developing and reviewing the capitalization of interest cost for his client’s large discrete projects or build out of communication networks. Richard’s experience also included reviewing and assessing his client’s exposure to liability related to environmental matters, product liability and workers compensation claims.
Richard is also the Technical Review Partner for Louis Plung & Company and in that capacity he is responsible for ensuring that all financial statements issued by Louis Plung & Company are in compliance with accounting principals generally accepted in the United States of America or governmental accounting principals. Richard assesses the impact of new accounting and auditing pronouncements on our clients. He develops training materials and conducts seminars for our professional staff and clients on new accounting and auditing pronouncements and on hot topics related to accounting, auditing and financial reporting.
Richard is a member of the American and Pennsylvania Institutes of Certified Public Accountants. Richard serves on the Accounting and Auditing, Construction Employee Benefit Plan and Peer Review Committees of the PICPA.
Over his 24-year career Richard’s experience included designing, testing and evaluating company’s internal control systems with respect to their financial reporting systems. He also designed, tested and evaluated the cost accounting systems utilized by his manufacturing and communication clients. This testing and evaluation process consisted of critically reviewing and challenging the components of overhead as well as the method used for allocating overhead among contracts or entities. Further Richard assisted in identifying, developing and reviewing the capitalization of interest cost for his client’s large discrete projects or build out of communication networks. Richard’s experience also included reviewing and assessing his client’s exposure to liability related to environmental matters, product liability and workers compensation claims.
Richard is also the Technical Review Partner for Louis Plung & Company and in that capacity he is responsible for ensuring that all financial statements issued by Louis Plung & Company are in compliance with accounting principals generally accepted in the United States of America or governmental accounting principals. Richard assesses the impact of new accounting and auditing pronouncements on our clients. He develops training materials and conducts seminars for our professional staff and clients on new accounting and auditing pronouncements and on hot topics related to accounting, auditing and financial reporting.
Richard is a member of the American and Pennsylvania Institutes of Certified Public Accountants. Richard serves on the Accounting and Auditing, Construction Employee Benefit Plan and Peer Review Committees of the PICPA.
EDUCATION
- B.S. - St. Francis University
PROFESSIONAL AFFILIATIONS
- American Institute of Certified Public Accountants (AICPA)
- Pennsylvania Institute of Certified Public Accountants (PICPA)
