James S. Remis, CPA

Jim has had many important accounting, auditing, consulting and financial management responsibilities during his lengthy career in public accounting. He has been involved in accounting standards-setting and has worked in the trade association environment.

Professional Experience

Federman, Lally & Remis LLC – Farmington, CT (1992 to 2015)

Founding Partner
Jim was Partner in charge of audit and consulting operations of Federman, Lally & Remis. In this capacity Jim worked with clients in a wide variety of industries while specializing in manufacturing, retail and distribution, real estate and Not-for-Profit organizations. Jim’s professional activities also included forensic accounting and litigation support activities. Currently, Jim serves as an advisor to the firm.

Touche, Ross & Co. – Hartford, CT
Partner-in-Charge of the Audit Practice
Jim served as director of the national Touche Ross public sector practice.

Prior to joining Touche, Ross & Co., Jim served as Director of the Technical Services Center of the Governmental Finance Officers Association (GFOA) and Executive Director of the National Council on Governmental Accounting (NCGA). GFOA is the national trade association of government finance professionals. NCGA was the governmental accounting principles standard setting arm of the GFOA and was the predecessor of the Governmental Accounting Standards Board (GASB).

Education and Certifications

Jim is a CPA and holds a Master of Arts in Economics and Bachelor of Business Administration in Accounting. He has been a consultant on GAAP Accounting for several states including Connecticut, Mississippi, Louisiana and West Virginia. He is a frequent speaker — discussion leader for accounting, auditing and business related programs for the American Institute of Certified Public Accountants (AICPA), State CPA groups, national law firms and other organizations and is a recipient of the Connecticut Society of Certified Public Accountants (CSCPA) and AICPA outstanding discussion leader awards.

Professional and Community Service

Jim has been a member of numerous steering committees for AICPA national conferences, was a member of the AICPA Not-for-Profit Experts Panel, served on the Governmental Accounting Standards Board Organizing Committee and many Federal and State audit-related task forces such as the Single Audit Implementation Policy Committee of the Comptroller General of the United States and the Connecticut State Single Audit Implementation Committee. In 2015, Jim completed a four year term as the Chair of the Board of the Hartford Symphony Orchestra and is a member of the Board of Visitors of the Yale School of Music and the Leadership Council of the Yale Summer Music Festival in Norfolk, Connecticut.