(PHOENIX, AZ) – Effective March 31, 2018, The Pun Group LLP, one of the fastest growing public accounting firms headquartered in Orange County, California, announced today that it has completed its acquisition with Lumbard & Associates, P.L.L.C. acquiring 100% ownership of the company and expanding its geographic footprint from California to Arizona.  Lisa Lumbard, founder of Lumbard & Associates, P.L.L.C. in 1993, has sustained a distinguished career in public accounting specializing in not-for-profit and governmental agency audits, tax, and advisory services throughout Arizona and held several leadership positions as Chair for the Annual Governmental Accounting, Not-for-Profit Accounting Conference Committees, in addition to several civic organizations.  We know Lisa will have as much success in her future real estate career as she has had in public accounting.

With the merger, The Pun Group LLP has named Vanessa Burke, CPA, CPFO as the partner-in-charge of the Arizona office and markets for the firm.  Vanessa Burke is recognized for her expertise in municipal finance circles in California after having served as the CFO of the City of Stockton during its bankruptcy proceedings and restructuring.  Ms. Burke’s 27-year accounting career was largely spent serving public sector and not-for-profit clients with the national firms of Grant Thornton LLP, Moss Adams LLP, and PricewaterhouseCoopers LLP and in executive leadership positions as both CFO and Controller.  In addition to Arizona, Ms. Burke will lead the growth of the firm’s financial management advisory practice and its Northern California market.

When asked about the merger, Mr. Pun said: “This acquisition provides us with the opportunity to not only diversify our capabilities in both markets but to build on our fundamental strengths and brand in the public sector and not-for-profit industries allowing our deep expertise and technical resources to benefit our clients”.

About The Pun Group

The Pun Group, LLP (pungroup.com) is a full-service Certified Public Accounting Firm providing accounting, auditing, tax, and advisory services to public agencies as well as private sector companies. Based in Orange County, the firm also maintains offices in Northern California’s Bay Area, San Diego, Palm Desert, Las Vegas and Phoenix.