Reynolds Bone & Griesbeck rolls along with changing city

Small Business Spotlight for The Memphis Daily News

Aug. 24, 2013

The accounting firm of Reynolds Bone & Griesbeck PLC has been around since 1916, when it was known as Shannon Reynolds & Bone.

John Griesbeck, managing partner, said his grandfather, Joseph George – known as J.G. – came aboard in the 1920s. It was a time when the financial center of the city was Downtown among the bales of Cotton Row and banks on Madison Avenue. Such a history carries with it the scent of ink, the image of green eyeshades and heavy, leather-bound ledgers.

Though the basics might be the same – still using the numbers 1 through 10 – the methods certainly have changed. Reynolds Bone & Griesbeck have found their place within the 21st century by expanding services as the needs of their clients change and grow. They are aware that the younger generation is their future as well, and have recently entered the social network fray with a page on Facebook, a Twitter account and a YouTube channel. Where does tweeting and blogging fit in with the image of number crunchers?

“It’s primarily to stay in touch with the younger people in the profession and the students in the universities,” Griesbeck said. “That’s how they communicate with one another.”

Services include tax preparation and planning, inventory control and management, audit work, and mergers and acquisitions. Clients come from the distribution, manufacturing, real estate and nonprofit industries. The way in which CPA firms work and service clients is constantly evolving as the tax code changes and businesses merge . . . (read more)