Marcia Fritz, CPA Owner

Professional Experience
Marcia has over 34 years of public accounting experience with an international firms and her own firm. She maintains a direct client relationship for a number of water company clients by providing a host of assurance and business consulting services. In addition, Marcia performs consulting engagements including; strategic planning, economic modeling, review of various forecasts and projections, contract pricing studies, compensation modeling and specialized internal control and agreed upon procedures projects.

Audit responsibilities include single audits under OMB A-133 and other not-for-profit engagements, as well as serving clients in industries such as utilities, health care, manufacturing, construction, and high technology.

Some specific areas of her professional experience include:

• California Justice Department (subcontractor to NewPoint Group, 1996)
  Performed an audit of an energy supplier to the State of California for purposes of perfecting the State's claim in connection with the supplier's bankruptcy proceedings. The audit involved correlation of state warrant payments and lockbox deposit records to the supplier's cash receipt records, and determining daily cash balances for the year prior to bankruptcy petition filing.
• California Department of Education (subcontractor to Ernst & Young, 1995)
  Assisted the state in designing a standardized accounting and reporting system for all school districts within California.
• California Prison Industry Authority (subcontractor to NewPoint Group, 1996)
  Conducted a performance audit including comparisons of various measurements (product costs, taxpayer subsidies, management functions and goals, data processing systems, prisoner productivity, training, etc.) to four other states and the federal government's prison industries. Our findings resulted in legislative effort to initiate reforms similar to Florida's PRIDE program.
• Roseville Telephone, Inc.
  Assisted the company in its rate increase application with the FCC. Services included compiling cost reports and meeting with regulators. Assisted the company in designing accounting systems to enable separate financial reports for regulated vs. nonregulated operations. This work resulted in the formation of RTC, Inc. (a wholly owned subsidiary of Roseville Telephone, Inc.) which sells telephone equipment and provides non-regulated services in the communication industry.
• California Department of Insurance (subcontractor to Ernst & Young, 1994)
  Review of the implementation, administration, and plans for termination of the California Residential Earthquake Recovery Program.
• California Bureau of State Audits, California Residential Earthquake Recovery Program (subcontractor to Ernst & Young, 1994)
  Management audit which included review of administrative operations, administrative costs and contract management.
• California Department of Health Services (subcontractor to Ernst & Young, 1993)
  Prepared computerized maps of data base of Medi-Cal enrollees by zip code in California; prepared maps of health providers by zip code in California; combined data bases of enrollees vs. providers and mapped relationship by zip code in California.
• State Department of Finance (subcontractor to Ernst & Young, 1993)
  Prepared analysis of alternative financing available for small business using State Pollution Control Bond Authority Financing (SBAF) vs. SBA financing; performed due diligence financial reviews of banks providing letters of credit guarantees to borrowers of SBAF financing.
• State Department of Education (subcontractor to Ernst & Young, 1988)
  Developed need requirements, feasibility, and system design for automating the accounting and auditing functions of the Local Assistance Bureau.
• Consultations on various accounting and management issues applicable to governmental organizations

Professional Affiliations
Certified Public Accountant - State of California
American Institute of Certified Public Accountants
California State Society of Certified Public Accountants

Education
Bachelor of Science, Business Administration, with honors, University of Southern California

Community Activities
President-elect, Citrus Heights Chamber of Commerce
Charter Board Member and Treasurer, Hearts for Parks, a nonprofit organization supporting the Sunrise Recreation and Park District
Board Member, Sacramento Valley Open Space Conservancy
Member, South Sutter County advisory committee for the County general plan
Financial Advisor, Alpha Delta Pi Sorority, CSUS