CBM has always been known for excellence and innovation, and that tradition began with our founder, James A. Councilor, Sr., who broke new ground when he established the firm in the early 1920s. During the ensuing years, the firm established some notable milestones and served hundreds of clients with thoughtful advice and notable expertise.
CBM has continued to play an integral part in the growth and development of the accounting profession, boasting seven past presidents of the the Greater Washington Society of CPAs. Two of our senior partners have been honored with the DCICPA’s highly respected Public Service Award. CBM partners have also served as past presidents of Holy Cross Hospital, Washington Hospital Center, the National Kidney Foundation and the National Epilepsy Foundation. Our team currently serves many community and charitable organizations in leadership roles, on boards and committees.
Some other milestones include:
James Councilor left the Consolidated Returns Division of the U.S. Bureau of International Revenue (IRS) and founded Councilor & Company in 1921. His goal was to help Americans and their companies adjust to the new income tax process put in place by President Wilson. In 1924, Councilor became the first president of what is known today as the Greater Washington Society of CPAs.
In 1930, CBM hired Edna Nick — one of the first women to be employed by an accounting firm. Nick was the first female to pass the CPA exam in the State of Virginia and was eventually named a senior partner at CBM, a groundbreaking feat at the time. She enjoyed a 51-year career with the organization.
Read Edna Nick’s historical account of her time at the firm.
Peter Reilly, CBM Chairman and former president and managing partner, has spoken at the AICPA ENGAGE Conference, the 2019 Rainmaker Companies SuperConference and at the National Alliance of Auto Dealer Advisors’ Fall 2019 meeting about the firm’s history of mergers in the past five years. Among those acquisitions include Drolet & Associates (2014), May & Barnhard (2017), May Barnhard Investments (2018) and Chaconas & Wilson (2018).
Watch the firm’s animated, storytelling video detailing the history of mergers since 2014.