April, 2015 | RKL LLP
Posted on: April 15th, 2015

KLC Hosts Free Medicare and Insurance Seminar

LANCASTER, PA (April 2, 2015) – You ask, “How can I be better prepared? What should I know about Medicare and Supplemental Coverage?” We’ve got the answers. Kuntz Lesher Capital LLC will be hosting a free forum on Wednesday, April 22 . Join us and our guest Barbara Hostetler, CBC, Lancaster Sr. Insurance Group Medicare Expert, to discuss valuable information and answer any questions you may have. To register, contact Diane Loftus at 717.399.1700 or dloftus@klcinvest.com.

What You Need To Know About Medicare and Insurance
An Evening With Lancaster Sr. Insurance Group Medicare Expert Barbara Hostetler, CBC

Where: Kuntz Lesher Capital LLC
1800 Fruitville Pike
Lancaster, PA

When: Wednesday, April 22, 2015 | 4:00 p.m. – 7:00 p.m.

Light refreshments will be provided.


Posted on: April 10th, 2015

Novis Recognized Among Central PA’s “Women of Influence”

fraud forensic accounting lancaster pa

Bethany Novis


LANCASTER, PA (April 10, 2015) – Reinsel Kuntz Lesher LLP (RKL), Certified Public Accountants & Consultants, is pleased to announce that the Central Penn Business Journal recently named Bethany Novis, CPA/ABV, CVA, CFE, to its 2015 “Women of Influence” awards list.

As Managing Partner of RKL’s Lancaster office, Novis has the distinction of being the only female Managing Partner among Accounting Today’s “Top 100” CPA firms based in Pennsylvania. In addition to leading the operations of the firm’s largest location, Novis is also a Partner in RKL’s Business Consulting Services Group and one of Pennsylvania’s foremost fraud and forensic accounting experts.

“Throughout her career, Bethany has consistently demonstrated natural leadership abilities and professional integrity,” RKL CEO Edward W. Monborne said. “She is a firm leader that embodies our mission of enriching the lives of our clients, team and communities on a daily basis.”

Novis began her career in accounting in 1992, and served as a manager with a highly respected international accounting firm before joining RKL in 2000. Novis held positions of increasing authority at RKL before being named a Partner in 2005. Her appointment as Managing Partner of RKL’s Lancaster office in 2011 marked the first time a female served the firm in this position.

Community service plays a strong role in Novis’ life, both personally and professionally. She is a current committee member and former board member of the United Way of Lancaster County, and previously served on the boards and committees of both the local Boy Scouts and Girl Scouts of America. She also shares her time with local businesses, colleges and universities through speaking engagements and mentorship opportunities. Through her leadership of RKL’s Lancaster office, Novis leverages employee engagement to enrich local organizations with financial contributions and volunteer initiatives.

At RKL, Novis continues her career-long commitment to the professional development of colleagues of both genders, helping them improve performance and achieve new levels of success. In 2012, she launched the RKL Young Professionals group in the Lancaster office. The self-led group helps young professionals develop interpersonal skills, build relationships and grow as individuals and professionals.

The “Women of Influence” award program recognizes 25 women leaders in Central Pennsylvania who demonstrate leadership in both their companies and their communities. Novis, along with her fellow recipients, will be celebrated at a ceremony on Monday, June 15 at the Hilton Harrisburg.

For more information on CPBJ’s “Women of Influence” awards, visit http://www.cpbj.com/section/Women-of-Influence-Awards.

 # # #

Posted on: April 3rd, 2015

Board Leadership: Your Personal Responsibilities and Potential Liabilities

View the Video

Run-time: 02:19 If you serve on the board of a community benefit organization, understanding your fiduciary responsibilities is critical to operating with integrity and avoiding personal liabilities.

Community service can be one of life’s most rewarding experiences. With any position of leadership – be it professional or community – comes a greater necessity for responsibility, accountability and integrity. As a board member with a community benefit organization, you are expected to act ethically and failing to do so can result in personal liabilities.

Simply put, you can be held legally responsible for the decisions made in the board room if they are not in the best interest of the organization. Therefore, it is important to understand these three basic duties of fiduciary responsibility for board members.

  1. The Duty of Care. When making decisions related to the nonprofit organization, board members need to remember to follow the rule of an ordinary prudent businessperson and make sure that they feel comfortable with the decisions that have been made by the organization. Decisions must be made in good faith and you must be reasonably comfortable that they are in the best interest of the organization. Making decisions without demonstrating the proper duty of care may result in personal liabilities for the board member.
  2. The Duty of Loyalty. There should be no conflicts of interest between the board member and the organization. If there are any business dealings between the board member and the organization, they must be disclosed to the full board. Business dealings are allowed, as long as they are fair to the nonprofit; however, they will be subject to much scrutiny. Self dealing or when a board member takes advantage of his or her position within the organization to enter into a transaction that benefits them more so than the nonprofit organization are not allowed and could subject the board member to significant personal liabilities.
  3. The Duty of Obedience. A board member must understand and act in accordance with the organization’s articles of incorporation – the bylaws – and the organization’s exempt purpose. In addition, board members are expected to follow any applicable state and federal laws and regulations. As a board member, take the time to ensure you have developed a working understanding of these rules to prevent potentially costly mistakes.

Whether you’re a new or seasoned board member, it’s always in your best interest – as well as the organization’s – to enter into the role with clear expectations to maximize your positive impact on the organization and your community.

Want to learn more about RKL’s services for Not-for-Profit organizations? Visit our Not-for-Profit Services page or contact Douglas L. Berman, CPA at (717) 843-3804 or dberman@rklcpa.com.

Doug Berman CPA RKLContributed by Douglas L. Berman, CPA, managing partner of RKL’s York Office and leader of RKL’s Not-for-Profit Services Group. With more than 20 years experience in public accounting, Doug specializes in engagements for not-for-profit organizations, foundations, government entities and college and universities.