Smith & Stapp, CPAs

Welcome to the firm of Smith & Stapp, CPAs.

We are a small firm located in the growing central valley of California. Our firm currently employs four team members and two CPAs (the partners). Smith & Stapp, CPAs is a member of the AICPA Peer Review Program and have successfully passed all peer review since implementation, the most recent which was completed in 2007.

Our Team - Without a team effort, we would not be able to provide the level of excellence expected from our clients. Our clients benefit from the combined experience and skills of our team. Our team works together closely to ensure our clients receive timely, accurate and realible financial information to help run their business.

Continuing Education - California CPA are required to have a minimum of 80 hours of professional education to maintain their license. Our professional staff members not only meet this requirement, but exceed it on an annual basis. Our non-licensed team members additionally receive continuing education to maintain their skills.

Lorelei Stapp Partner/CPA

Lorelei is a certified public accountant who has been with the company since January 1991. She has worked in accounting for 28 years with 10 of those years in private industry. She graduated from Merced College with an AA in Business Administration and as a member of Alpha Gamma Sigma. In December 1992 she completed her studies at CSU, Stanislaus and graduated with her B.S. in Business Administration - Accounting Concentration and was ranked among the top 10% of her class (Cum Laude). Lorelei passed the California Uniform Certified Public Accountant examination during her last semester at Stanislaus and subsequently thereafter obtained her license to practice in California.

Lorelei currently serves on the Mercy Medical Foundation Board as well as serving as the Foundations treasurer

Mike Smith Partner/CPA

Mike Smith is a certified public accountant who was one of the Smith & Ransom founding partners in 1986. He attended CSU, Stanislaus and graduated with a B.A. in Business Administration with a concentration in accounting. Mike is on of the 5% of applicants who passed all parts of the Uniform Certified Public Accountants Examination at the first sitting. He initially worked with the accounting firm of Keck & Nielsen in Merced. In 1986 Mike joined with Bob Ransom and started the firm of Smith & Ransom, CPAs (now known as Smith & Stapp, CPAs). Mike officially retired from the firm on January 1, 2010.

Mike is currently on the Board of Directors of the Merced Area United Way and is a member of the Merced County Workforce Investment Board and Youth Council.

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