Elliott Davis Expands International Practice

August 9, 2011

New Shareholder, Staff Added to Distinctive Local Team

GREENVILLE, SC – August 3,2011 – Elliott Davis, LLC, one of the largestaccounting, tax and consulting services firms in the Southeast, ispleased to announce the expansion of its International practice. Recenthires include Eric Schmid, an international assurance shareholder withmore than 20 years of public accounting experience, who will be locatedin the firm’s headquarters in Greenville, S.C.“Eric’s arrival gives our clients local access to sophisticated globalaudit services,” said Rick Davis, managing shareholder of Elliott Davis.“The depth of our international bench is distinctive among regionalaccounting firms in the Southeast, which allows us to deliveroutstanding service to multinational companies with interests in SouthCarolina.”

A certified public accountant, Schmid is the former managing partner ofKPMG’s Greenville, S.C. office and served in a number of leadershippositions with the firm. He has extensive experience working withSEC-registered multinational companies, as well as clients across a widerange of industries such as manufacturing, technology, aerospace,automotive and consumer products. Eric spent six years of his career inGermany, where he served clients by addressing technical accountingmatters, including conversion between U.S. Generally Accepted AccountingPrinciples and International Financial Reporting Standards (IFRS).

“Eric’s decades of experience combined with his high degree of knowledgeand technical expertise greatly complement and extend our existingpractice,” said Kay Biscopink, chair of the Elliott Davis’ InternationalTax practice. “From acquisitions and IPOs to restructuring and IFRS,Eric is practiced at navigating complex issues and addressing diversecircumstances on behalf of clients with operations overseas, andU.S.-based subsidiaries of foreign companies.”

Schmid is highly proficient in German and holds dual citizenship in theU.S. and Switzerland. He received his B.S. in Business Administrationand Masters of Accountancy from the University of South Carolina.

Another recent addition to the firm’s International practice is Lena Cao (pictured left).With more than 12 years of auditing and accounting experience as wellas bilingual fluency in English and Chinese Mandarin, she is a member ofthe Chinese Institute of Certified Public Accountants and Associationof International Accountants. Cao holds degrees from Shanghai Science& Technology University, Shanghai Jiao Tong University and theUniversity of South Carolina.

 

About Elliott Davis, LLC
Elliott Davis is one of the largest accounting, tax and consulting services firms inthe Southeast and ranks among the top 60 CPA firms in the U.S. With 10offices and more than 400 employees, the firm provides clients across awide range of industries with smart, customized solutions and its peoplewith rewarding opportunities. Founded in 1925, Elliott Davis is amember of The Leading Edge Alliance, an international professionalassociation of independently owned accounting firms based in the U.S.and is strategically aligned with LEA Europe and LEA Asia Pacific, aworldwide network of more than 450 offices in 100 countries around theglobe.  Affiliates include Elliott Davis Investment Advisors, a firmthat provides retirement plan services for companies and investmentadvisory services for individuals.