"CBM is always building for the future and to do that, we must invest in all of our staff."
Peter B. Reilly, CPA, CVA is President and Managing Partner of Councilor, Buchanan & Mitchell, P.C. (CBM). He currently serves on the Executive Committee, and is past director of Quality Assurance, and the Construction and Real Estate practice. Currently, Pete’s focus is on mergers and acquisitions, business transactions and succession planning.
He has 35 years of audit and tax experience in planning and supervising engagements in the construction/real estate, automotive and not-for-profit industries.
Pete performs business valuation services for a variety of clients including automotive groups, real estate LLCs, general contractors and subcontractors, government contractors, manufacturers, parking facility operators, trade shows. medical practices, restaurants and fitness facilities. He represents the firm in litigation matters, providing expertise on forensic accounting, shareholder disputes, executive improprieties, journal entry cover-ups, wrongful death calculations, and accounting standards interpretations.
Pete has extensive experience with family owned and operated businesses, and co-authored the book “Minding Your Family Owned & Managed Business”. His knowledge of accounting and tax matters has led to numerous speaking engagements, including with the Associated Builders and Contractors of Metro Washington, The Washington Building Congress, the Mid-Atlantic Surety Association, the Alexandria Chamber of Commerce, and the American Subcontractors Association of Metro Washington. Pete has also conducted seminars on auditing and accounting at the Greater Washington Society of Certified Public Accountants and the Maryland Association of CPAs.
Pete has presented for a number of industry groups on the impact of mergers and acquisitions on CBM’s growth including at the 2019 AICPA ENGAGE Conference, the 2019 Rainmaker Companies SuperConference, the National Alliance of Auto Dealer Advisors’ Fall 2019 conference and for Upstream Academy’s Growing Strategically learning presentation. He addressed diversity and inclusion at CBM during a presentation to the Greater Washington Society of CPAs’ Nonprofit Committee in Spring 2020.
Pete was interviewed about CBM’s move toward greater diversity for 2019 MOVE Forward, the annually recognized diversity and inclusion report for CPA and advisory firms. He has served on the faculty of Northern Virginia Community College as an instructor in accounting, and has been featured in the Wall Street Journal annual special report on financial planning and as an interviewee for Executive Leaders Radio, a nationally syndicated business program, and 1st Floor Conversations, an ADP podcast program. Another podcast interview of Pete by Haydenrock Solutions appeared in the book of accounting thought leaders, “Changing the Face of Accounting: Forward-thinking Conversations About Reinventing the CPA Field”. Pete’s story, “Seven Firms in Five Years”, recounting the firm’s history of mergers over the past few years, was featured in the Virginia Society of CPAs’ membership publication, Disclosures. He was also featured in a VSCPA Member Spotlight.