08 JAN 2024 / PEOPLE UPDATES

Robert Torella Named Partner at Lumsden McCormick

- MYCPE ONE Insights Team

Summary

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Lumsden McCormick has elevated Robert S. Torella, a CPA with extensive experience in auditing and accounting for exempt organizations, to partner as of January 1, 2024. His promotion is significant due to his engagement in community leadership, contribution to technical accounting groups, and influence on nonprofit accounting policy.

Lumsden McCormick has promoted Robert S. Torella, CPA, to Partner, effective January 1, 2024. Torella brings extensive experience in auditing and accounting for exempt organizations, with a specialization in educational, arts, and nonprofit sectors. He also manages audits for employee benefit plans, auto dealerships, and a wide array of commercial clients, with a strong focus on Government Auditing Standards, Uniform Guidance, and grant compliance.

An active voice in the accounting profession, Torella serves on the firm’s Accounting and Auditing Technical Committee, leads the FASB subcommittee, and contributes to multiple BDO Alliance USA technical groups. He is also a member of AICPA, NYSSCPA, and the Buffalo Chapter Not-for-Profit Committee, reinforcing his influence in nonprofit accounting policy and practice.

A double graduate of St. Bonaventure University with an MBA and BBA in accounting, Torella is also deeply engaged in community leadership. He serves on the board of Parachute Credit Counseling, is a member of the Salvation Army’s Buffalo’s Amazing Race committee, and is a graduate of the United Way Board Leadership Training program.

Until next time…

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