Liz Gold caught up with Rich at MJBizCon Next to interview him for CPA Trendlines. Listen to the podcast to hear him discuss the firm and how he's helping his clients in the cannabis industry.
Interning with RW Group has been an incredible learning experience. I have learned how to prepare 1099's, individual and corporate tax returns, and several procedures involved in the audit process. The environment is welcoming and easy-going. Like any job, it is important to always give your best effort and stay on task. As a junior who has only taken three college accounting courses so far, I found the assignments challenging and confusing at times, but Richard and my coworkers were always there to lend a helping hand and point me in the right direction.
Interning at a small firm has given me a much greater amount of responsibility compared to that at a larger firm. I find this extremely beneficial because it helped me recognize my strengths and weaknesses in several different areas of accounting. When I return to school next semester, I will be able to focus on the specific topics that I know I struggle with, and hopefully begin to improve upon them. Although the hours are long at times, tax season is only a few months and it is really rewarding to go home after a long day of preparing returns and know that what you've accomplished is important.
I wanted to do an internship to understand what is used on a daily basis in the accounting field. In class it is difficult to focus on and understand every topic covered, so taking my experience as an intern and narrowing in on what I think are the more important topics during class will be easier now. What I wanted most out of doing an internship was confirmation that accounting was the route I wanted to take. I needed to prove to myself that I chose a major that I enjoy and am passionate about. I consider enjoying your career one of the most important aspects of life, and after this internship I am finally reassured that I have chosen the right path.
RW Group has helped me take what I've learned in my classes and apply it to everyday tax and auditing procedures. I cannot wait to take what I've learned at this internship and utilize it in my classes for the remainder of my college career. RW Group is a small firm with big goals, and I would recommend this internship for any accounting student.
Managing Member, Rich Wortmann, is about to do some marathon traveling in the month of May. He'll be in three cities in two weeks. Below are the highlights.
May 6th to May 8th
Rich is headed to Boston the first full week in May. While there he will be participating in PrimeGlobal's NA Northeast/Mid-Atlantic Sub regional Roundtable. This is a partner-level meeting that enables partners from member firms to discuss and support each other on issues that matter most to them.
May 8th to May 11th
No rest for the weary! Rich will fly from Boston to New Orleans, LA to attend the MJBizConNEXT conference. This conference is all about the Marijuana Industry. In our dedication to servicing this industry, Rich will meet with some of the movers and shakers in this dynamic industry, like Senator Daylin Leach, as well with those trying to enter it. #MJBizConNEXT
May 14th to 19th
The whirlwind travel continues with Rich in Toronto, Canada. In Toronto, Rich will spend a day visiting a client and then attending IR Global's On The Road conference. This conference focuses on relationship development among member firms. Of course wining and dining is always involved! #IRToronto18
May 21st to May 23rd
Rich winds down his marathon travel month with a trip to North Carolina for a Peer Review. Talk about a lot of frequent flyer miles!
Hundreds of community members from throughout Kennett Square came together to raise awareness and money for those who suffer from food insecurity at the 2018 Empty Bowls event. RW Group was proud to participate along with our friends and neighbors in making a difference in our community.
Rich is back from attending the IR Global Deal Makers conference in Lisbon. Now, he's busy following up with all the fellow IR Global members he had the opportunity to meet there.
Next up, NYC for the IR Global East Coast Working Group conference.
Managing Member, Rich Wortmann is in Lisbon, Portugal participating in IR Global's Deal Makers conference. Rich has well over a dozen meetings planned over the two day event with accountants and attorneys from all over the world. This is sure to be an exciting whirlwind event. #IRLisbon18.
Here at RW Group, giving back to our community is an integral part of our corporate culture. Each of us donates our time and resources to our community. This December we are happy to donate grocery store gift cards to help families in the Chester County area.
RW Group was recently named a Fastest-Growing Firm by Inside Public Accounting.
RW Group in Las Vegas
RW Group just returned from a very successful Marijuana Business Conference and Expo in Las Vegas, NV. Watch this video of Managing Member Rich Wortmann discussing how RW Group can help business in the Cannabis Industry. #MJBizConPosted by RW Group LLC on Wednesday, November 22, 2017
RW Group just returned from a very successful Marijuana Business Expo and Conference held in Las Vegas, NV. Here is Managing Member Rich Wortmann discussing how RW Group can help businesses in the Cannabis Industry.
Managing partner, Richard Wortmann has been on the road again. Rich started his trip last week in Denver to meet with an attorney active within the Cannabis Industry. This meeting was possible due to an introduction from a fellow IR Global member. At the conclusion of their meeting, she agreed to recommend RW Group to all her Cannabis clients! Next stop, Las Vegas. While headed there for the PCAOB conference, Rich arrived a day early to meet with an attorney who is also a fellow IR Global member. RW Group's membership in IR Global was a good decision! Lastly, Rich landed in Minneapolis to lead a Peer Review. Finally, Rich arrived back in Kennett Square a bit tired, but excited!
RW Group hosted an information table at West Chester University in September. We enjoyed meeting with accounting students and faculty. Students were impressed and interested in our diversity of clients and industries. We followed this up with on campus recruiting in October and were impressed with the quality of students we met.
In May - Rich, Ryan and Rosalee traveled to Washington, DC for the spring Marijuana Business Conference and Expo. They brought with them lots of brochures, pens, green M&Ms but most of all, they brought lots of enthusiasm!
A wonderful time was had meeting with people from all areas of the cannabis industry. From growers to dispensers, from investors to the curious, lots of great contacts were made and relationships forged.
This is the next growth industry and RW Group is in on the ground floor and running!
RW Group recently traveled to West Chester University to meet with students in the school's accounting program.
Students stopped by our table on their way to and from class to learn about our firm as well as the opportunities we offer students in the form of internships and permanent positions. One West Chester University professor even sent two of his classes to meet with us.
Pennsylvania's recent entry into the Medical Marijuana field has offered RW Group its newest industry focus. Managing member Rich Wortmann has been very busy of late meeting with referral sources and potential clients. We are now proud to say that we have our first clients in this burgeoning field and look forward to many more.
The day finally arrived when we delivered our gifts for our Adopt-A-Child through the Delaware Valley Children's Charity. How wonderful to see our wrapped packages and new bike join so many others that are destined for deserving young children.
Holiday spirit – Bring it on!
The Wednesday before Thanksgiving is always a hectic day. A day of preparation. A day of travel. A day of worrying – will the Turkey be thawed in time.
At RW Group, we spent the day feeling thankful as we joined together over a shared lunch and gift wrapping for the young girl we adopted for the holiday through the Delaware Valley Children's Charity. From a warm winter coat to stylish clothes to a new bike, we hope that we have brightened her holiday this year.
This November, RW Group will attend the Marijuana Business Conference & Expo in Las Vegas, Nevada. This conference will provide RW Group with additional information and contacts needed to successfully support businesses in this field.
Our staff attended the PCAOB's Forum for Auditors of Broker-Dealers in September.
The partners of RW Group will be attending this year's AICPA Peer Review Conference in San Diego, California this August. Attendance at conferences like this one helps our firm stay on top of changes to the Peer Review rules thus providing our clients expert service.
Liza Zumsteg, partner at RW Group, attended PA State Senator Daylin Leach's Medical Marijuana Regulatory-Palooza in July. Senator Leach created this venue in order to have an open dialogue concerning how best to regulate marijuana for medical purposes. 350 people attended this event from more than 12 states.
This June, RW Group hosted a local troop of high school aged Girl Scouts. Partner Liza Zumsteg, led the girls through the Take It To The Bank badge during which the girls discussed comparison shopping, decision making and how to save for a big purchase. The girls also learned about the role of a CPA and about careers in public accounting.