Business Details
50+ Years
experience
Trusted Chicago CPA Firm for Audit, Tax & Consulting Services
Warady & Davis has been growing alongside clients for 75 years, delivering audit, accounting, tax, and consulting services to privately-held businesses, individuals, and families. Headquartered in Deerfield, Illinois, the firm serves clients across the U.S. and internationally, with a team of 150+ professionals. Our approach combines the resources of a mid-sized firm with personalized attention, ensuring Partners remain deeply involved in every engagement. Clients value our hands-on commitment, with many relationships spanning decades.We specialize in industries such as construction, healthcare, manufacturing, and real estate, offering tailored solutions that align with evolving business needs. Our reputation for quality is underscored by participation in the AICPA Peer Review Program and membership in professional organizations like the Employee Benefit Plan Audit Quality Center. We prioritize transparency, ethical standards, and proactive communication, helping clients navigate complex financial landscapes with confidence.
Services
Audit Services
Tax Planning
Business Valuation
Forensic Accounting
Employee Benefit Plan Audit
Wealth Management
Litigation Support
Succession Planning
IT Consulting
Management Advisory
Details
- Year established: 1949
Highlights and features
- We offer 75 years of experience serving privately-held businesses across diverse industries.
- Our team includes certified professionals with expertise in audit, tax, and business valuation.
- We prioritize long-term client relationships with hands-on Partner involvement.
- We provide comprehensive services, from forensic accounting to succession planning.
- Our firm maintains rigorous quality standards through AICPA-affiliated peer review programs.
Associations and certifications
- AICPA Peer Review Program
- AICPA Governmental Audit Quality Center
- AICPA Employee Benefit Plan Audit Quality Center
- National Association of Certified Valuation Analysts (NACVA)
What people say
Best CPA I could ask for
Key part of our team
Always there
Deep understanding of our business
Trusted business partner
Services
Audit Services
Warady & Davis provides independent audit services to ensure financial statements are accurate and compliant with regulatory standards. Our team specializes in employee benefit plan audits, not-for-profit audits, and reviews for lending institutions. With membership in the AICPA Employee Benefit Plan Audit Quality Center, we maintain rigorous quality controls. Clients benefit from our expertise in navigating complex accounting standards and delivering actionable insights to enhance business integrity.
Tax Services
Our tax services focus on strategic planning to minimize liabilities while ensuring compliance with evolving regulations. We serve businesses and high-net-worth individuals, offering year-round guidance on federal, state, and international tax matters. The team stays current with legislative changes, such as the OBBBA tax provisions, to optimize deductions and credits. Clients receive personalized strategies aligned with their financial goals and industry-specific needs.
Business Valuation
W&D Consulting LLC provides confidential business valuations for mergers, acquisitions, and succession planning. Our certified analysts use nationally recognized standards to assess companies ranging from startups to $500M+ enterprises. Services include goodwill impairment analysis, shareholder dispute resolution, and litigation support. The teams credentials include Accredited Valuation Analyst and Certified Public Accountant designations, ensuring reliable, defensible valuations.
Forensic Accounting
Our forensic team investigates financial fraud, embezzlement, and business disputes using advanced auditing techniques. We provide litigation support, expert testimony, and internal control recommendations to prevent future risks. Clients include law firms, corporations, and individuals requiring detailed analysis in marital disputes, contract breaches, or insurance claims. The practice leverages CPAs with Certified Fraud Examiner credentials to deliver actionable findings.
Employee Benefit Plan Audit
We audit 401(k), profit-sharing, and pension plans for compliance with ERISA and DOL regulations. Our team handles plans ranging from $1M to $100M+ in assets, offering limited-scope and full-scope audit options. As a member of the AICPA EBPAQC, we ensure adherence to quality standards. Clients receive guidance on correcting plan deficiencies and improving administrative processes to reduce regulatory risks.
People
Sheldon Kogen
Principal
Serves Briar Grace Management and the Kogen Family Entities. Has worked with Warady & Davis since its 1949 inception, relying on their expertise for real estate transactions, cash flow projections, and financing strategies.
Dan Pesavento
Chief Operating Officer
Led Huen Electrics 25+ year relationship with Warady & Davis, leveraging their support for business acquisitions, tax planning, and operational consulting. Credits the firm with strategic guidance during critical growth phases.
David Rubin
Owner
Partnered with Warady & Davis since 1959 for Rubin Brothers, Inc., praising their mentorship and role in building a successful apparel manufacturing business. Highlights their team continuity and expertise.
Lydia Demski
Founder
Relies on Warady & Davis for Scope Services, Inc.s financial strategy, valuing their honesty and proactive tax-saving recommendations. Credits the firm with enabling business growth through trusted advisory services.
Ira Rosenthal
Owner
Has collaborated with Warady & Davis since 1949 for Harrys Lumber Co., emphasizing their role as both advisors and long-term friends. Highlights their support in navigating generational business transitions.
Questions
What industries does Warady & Davis serve?
We specialize in construction, healthcare, manufacturing, real estate, nonprofits, and privately-held businesses, offering tailored audit, tax, and consulting services.
How long has Warady & Davis been in business?
Founded in 1949, we celebrate 75 years of growing alongside clients, evolving from a small practice to a Top 25 Chicago CPA firm.
Do you offer forensic accounting services?
Yes, our team investigates fraud, embezzlement, and business disputes, providing expert testimony and internal control recommendations to mitigate risks.
Are your audit services compliant with regulatory standards?
We adhere to AICPA guidelines and participate in the Employee Benefit Plan Audit Quality Center to ensure rigorous compliance and quality assurance.
How does Warady & Davis approach succession planning?
We create customized strategies for family-owned businesses, addressing tax implications, ownership transfers, and liquidity planning to safeguard long-term success.
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