Dermody, Burke & Brown, CPAs, LLC

Name

Dermody, Burke & Brown, CPAs, LLC

Legal name

Dermody, Burke & Brown, CPAs, LLC

Website

https://dbbllc.com

Company type

Private

Founded year

1956

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Syracuse

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Audit and Assurance Services: Audit, Reviews and Compilation services using a risk-based approach. Services include financial statement audits, employee benefit plan audits, HUD audits, and compliance audits for governmental and not-for-profit organizations.
2. Business Taxation Services: Tax preparation, planning, compliance, and consulting for businesses, individuals, trusts and estates. Includes multi-state taxation, international taxation, and representation before tax agencies.
3. Custom Accounting Solutions (CAS): Outsourced accounting services including Basic Accounting, Advanced Accounting/Controller services, and Full Service Accounting/CFO services. Tiered service levels from bank reconciliations to full CFO support.
4. Retirement Plan Design and Administration: Third-party administration services for retirement plans including 401(k), 403(b), defined benefit, ESOPs, and health and welfare plans. Includes plan design, compliance testing, and Form 5500 preparation.
5. Business Valuations: Business valuation services for shareholder agreements, estate and tax planning, acquisitions, divestitures, and financing arrangements.
6. Trusts & Estates Services: Fiduciary accounting, estate tax return preparation, fiduciary income tax returns, gift tax planning, and trust administration advisory services.
7. Fraud, Forensic Accounting & Internal Controls: Fraud investigation, forensic accounting, fraud prevention training, and internal controls review services.
8. Information Technology Services: IT consulting including network design, security, optimization, and Sarbanes-Oxley ICT readiness planning.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Dermody, Burke & Brown, CPAs, LLC is a Central New York-based certified public accounting firm providing audit and assurance, business and individual taxation, business valuations, custom outsourced accounting solutions (CAS), employee benefit plan audits, retirement plan design and administration, fraud and forensic accounting, IT consulting, QuickBooks services, and trusts and estates services. The firm delivers these services through dedicated client teams across nine industry verticals including agribusiness, construction, affordable housing, healthcare practices, manufacturing and distribution, not-for-profit organizations, and professional services firms.

Product overview

Dermody, Burke & Brown, CPAs, LLC is a Certified Public Accounting firm offering a comprehensive suite of professional services through its core service lines: Audit & Assurance, Business Taxation, Business Valuations, Custom Accounting Solutions (CAS), Employee Benefit Plan Audits, Family Business Services, Fraud/Forensic Accounting & Internal Controls, Information Technology Services, QuickBooks Services, Retirement Plan Design & Administration, and Trusts & Estates. The firm also provides specialized industry expertise across ten sectors: Agribusiness, Construction, Affordable Housing, Assisted Living Facilities, Dental Practices, Manufacturing & Distribution, Not-for-Profit Organizations, Physician Practices, and Professional Services. The service architecture operates as a unified professional services practice where client teams draw on multiple service areas as needed, with the CAS offering providing three distinct service tiers (Outsourced Accountant, Outsourced Controller, and Outsourced CFO) that scale with client complexity.

Differentiator

Problem solved

Functional benefit

Products and services

• Audit and Assurance Services Audit, reviews, and compilation services using a risk-based approach. Includes financial statement audits, independent technical reviews, employee benefit plan audits, HUD audits, single audits, Yellow Book audits, and educational programs for personnel. Targeted at businesses, not-for-profit organizations, and government entities.
• Business Taxation Services Comprehensive tax planning and compliance services including business income taxation, multi-state taxation, international taxation, sales and use tax compliance, and representation before federal and state tax agencies. Targeted at businesses, individuals, trusts, and estates.
• Business Valuations Professional business valuation services for shareholder agreements, estate and tax planning, business investments, acquisitions, divestitures, financing arrangements, and merger/acquisition support. Targeted at closely-held businesses and family-owned enterprises.
• Custom Accounting Solutions (CAS) Outsourced accounting services delivered in three tiers: Outsourced Accountant (basic bookkeeping and reconciliation), Outsourced Controller (adds accounts receivable and payroll processing), and Outsourced CFO (full-service with advanced analytics and KPI analysis). Targeted at small and mid-sized businesses needing scalable finance support.
• Employee Benefit Plan Audits Qualified Plan Audit Team performing over 50 employee benefit plan audits annually. Services cover 401(k), 403(b), defined benefit pension plans, ESOPs, health and welfare benefit plans, and multiemployer plans. Targeted at sponsors of employee benefit plans requiring annual audit compliance.
• Family Business Services Specialized services for family-owned businesses including sales and mergers, acquisitions, budget and modeling, succession planning, management consulting, and outsourced CFO services. Targeted at multi-generational family-owned enterprises.
• Fraud, Forensic Accounting & Internal Controls Forensic accounting and fraud detection investigation, fraud prevention training, and review of fraud prevention controls. Firm maintains two Certified Fraud Examiners (CFE) on staff. Targeted at organizations requiring fraud risk assessment and investigation.
• Information Technology Services ICT consulting services including network design and consulting, network security, network optimization, office productivity consulting, computer fraud prevention and investigation, Sarbanes-Oxley ICT readiness, project management, and disaster recovery planning. Targeted at businesses needing IT controls and security guidance.
• QuickBooks Services QuickBooks ProAdvisors provide implementation, training, and support for QuickBooks software. Services include bookkeeping setup, financial accounting functions, and Quicken to QuickBooks conversions. Targeted at small businesses using or adopting QuickBooks.
• Retirement Plan Design & Administration Services Plan design, setup, and third-party administration services for retirement plans. Services include daily/quarterly/semi-annual/annual valuations, compliance testing, Form 5500 preparation, and consulting for existing 401(k), 403(b), defined benefit, ESOPs, and health and welfare plans. Targeted at plan sponsors.
• Trusts & Estates Services Trust and estate accounting, tax, and administration advisory services including fiduciary accounting for state courts, estate and gift tax planning, trust and estate advisory services, and coordination of settlements. Targeted at trustees, executors, and high-net-worth individuals.
• Agribusiness Industry Services Specialized accounting, tax, audit, and consulting services for the agricultural industry serving dairy farms, feed mills, swine/hog farms, beef farms, grain farms, apple orchards, distilleries, wineries, and breweries. Includes succession planning for next-generation operators.
• Construction Industry Services Services for construction industry including cash flow analysis, contract reviews, job costing systems, tax planning, internal control systems, fixed-asset accounting, and ownership transfer planning. Team includes certified Construction Industry Technicians. Targeted at contractors and construction companies.
• Affordable Housing Industry Services Services for HUD-regulated affordable housing including audited financial statements, REAC filings, SF-SAC filings, tax return filings, and cost certifications for LIHTC programs. Targeted at providers of multi-family housing programs under IRC Section 42 Housing Tax Credit and government assisted housing.
• Assisted Living Facilities Industry Services Accounting, tax, audit, and consulting services for assisted living facilities including Medicaid and Medicare cost report preparation, operational consulting, revenue cycle management, and HIPAA compliance monitoring. Targeted at long-term care providers and healthcare facilities.
• Dental Practices Industry Services Financial guidance for dental industry including bookkeeping, tax preparation, compensation planning, retirement plan design, dental practice valuations, and practice startup assistance. Targeted at dental practices needing financial guidance beyond basic accounting.
• Manufacturing & Distribution Industry Services Services for manufacturing and distribution sector including budgetary control, business coaching, cash flow forecasting, cost segregation, cycle counting, inventory management, mergers and acquisitions, and process improvement. Targeted at transportation equipment, computers, electronics, textiles, foods, chemicals, machinery, metal products, plastics, and paper industries.
• Not-for-Profit Organizations Industry Services Comprehensive services for not-for-profit organizations including audits, financial statement reviews and compilations, single audits, Yellow Book audits, tax return preparation, and internal control studies. Targeted at social service and religious organizations, foundations, cultural arts organizations, and long-term care facilities.
• Physician Practices Industry Services Accounting, tax, and business advisory services for physician practices including financial statement preparation, bookkeeping, income tax planning, retirement plan administration, and medical practice valuations. Targeted at physicians practicing alone, in groups, or in hospital settings across all specialties.
• Professional Services Industry Services Services for professional services firms including auditing, business valuations, corporate tax planning, custom accounting solutions, forensic accounting, internal audit outsourcing, IT consulting, mergers and acquisitions, and strategic planning. Targeted at architecture, engineering, interior design, management, law, research, publishing, photography, and communications firms.

Quantifiable outcome

• Over 50 employee benefit plan audits performed annually
• +2 more outcomes

Named customers4 records

Segments9 records

Ideal customer profiles9 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Allinial GlobalcoreStrategic or Co-development PartnerDB&B is a member of Allinial Global, an award-winning association of legally independent accounting and consulting firms. Members collaborate to bring clients best-in-class solutions. DB&B has access to expertise, resources, and advice of over 200 fellow firms in 88 countries throughout the world.
• AICPA Employee Benefit Plan Audit Quality CentercoreStrategic or Co-development PartnerDB&B is an active member of the AICPA Employee Benefit Plan Audit Quality Center. Membership requires maintaining high quality audit services, continuing professional education in employee benefit plan discipline, and including employee benefit plan audits in peer review process.
• Construction Financial Management Association (CFMA)minorStrategic or Co-development PartnerDB&B is a member of the Construction Financial Management Association (CFMA), supporting their construction industry services practice.
• Affordable Housing Association of CPAsminorStrategic or Co-development PartnerDB&B is a member of the Affordable Housing Association of CPAs, supporting their affordable housing industry specialization.
• Manufacturers Association of Central New York (MACNY)minorStrategic or Co-development PartnerDB&B is a proud member of the Manufacturers Association of Central New York (MACNY), supporting their manufacturing and distribution industry clients.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• BDO USA: Top-five global accounting network with significant U.S. mid-market practice. Comparable in serving mid-market clients across industries but at much larger scale with national footprint.
• CLA (CliftonLarsonAllen): Large U.S. accounting and advisory firm focused on private businesses, nonprofit, and healthcare. Overlapping industry verticals (nonprofit, healthcare, construction) with comparable middle-market service delivery model.
• RSM US: Leading global provider of audit, tax, and consulting to the middle market. Comparable target segment (mid-market companies, nonprofits) but with significantly broader geographic and capability reach.

Direct peers

• Bonadio & Co., LLP: Regional Upstate New York CPA firm of similar size and structure providing audit, tax, and consulting to businesses, nonprofits, and government entities across multiple New York offices.
• Baker Newman Noyes: Northeast regional CPA firm providing audit, tax, and advisory with multi-office presence across New England and New York. Comparable in size, structure, and multi-office regional delivery.
• EFP Rotenberg: Rochester-based CPA firm offering audit, tax, and business advisory to closely held businesses and nonprofits. Comparable regional CPA firm in Upstate New York with similar service lines and client mix.
• The Bonadio Group: A large Upstate New York CPA firm offering audit, tax, and advisory services across multiple industries. Directly comparable in regional positioning, service mix, and mid-market client base in the same geographic footprint.
• Insero & Co. Rochester-based CPA and business advisory firm providing audit, tax, and outsourced accounting services to closely held businesses and nonprofits, with comparable industry specialization and Central/Western New York presence.
• D'Arcangelo & Co., LLP: Utica/New Hartford-region CPA firm delivering audit, tax, and advisory services. Direct geographic overlap in the Mohawk Valley where DB&B also operates.
• Mengel, Metzger, Barr & Co. Rochester-headquartered CPA firm offering audit, tax, and advisory services to closely held businesses, with similar multi-office Upstate New York footprint and mid-market client focus.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/dburkeandbrown
• Facebookfacebook.com/dermodyburkebrown
• LinkedInlinkedin.com/company/404305

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dermody, Burke & Brown, CPAs, LLC