Joel A. Herman, CPA
“It's not unusual for clients to call to get my take on a situation. I appreciate that because I can provide ideas which lead to the ongoing success of their business.”
Joel has more than 25 years of professional experience at ORBA, where he has been a Director since 1997. He is the Director in charge of ORBA's on-campus recruiting and a member of the firm's Personnel Committee, as well as the Chair of the Manufacturing and Distribution Group and a member of the Law Firm Group.
Joel serves manufacturers, distributors, retailers and various personal service corporations, including consulting firms, medical practices and law firms. He also works with other entrepreneurs, self-employed individuals and closely-held companies, including real estate developers, technology companies and marketing and advertising firms. This wide variety of client types and industries allows him to leverage best practices from one industry and apply them to others, which is extremely valuable to his clients.
Joel’s primary area of concentration is financial statement attestation and income tax compliance. In addition to accounting and auditing services, Joel performs litigation support and is involved in due diligence investigations related to mergers and acquisitions. He also performs tax planning and compliance work for business owners and individuals.
Joel prides himself on establishing active, consultative roles with his clients. Joel’s approachable manner encourages clients to come to him for advice on day-to-day matters, emerging issues or active opportunities at any stage of their business or lifecycle. As a result, Joel has the pleasure of being a part of many client success stories as he has helped them grow from start-ups to thriving, profitable companies.
Joel’s inquisitive and consultative approach regularly finds him helping clients develop proper accounting systems and internal controls for their financial functions. He also advises on tax minimization strategies and performs cost analyses, cash flow review, and other specialty consulting work to help clients meet their business needs and enhance their bottom lines.
Outside of the Office
Joel loves to coach, and actually spends a fair amount of his free time helping friends maintain and improve their financial platforms. Away from his calculator, though, Joel and his wife, a former Director at ORBA, spend much of their time with their three children. Evenings and weekends are quickly filled with coaching or cheering on the sidelines of baseball fields, basketball courts or soccer fields. Joel also enjoys the outdoors and plays softball and, weather permitting, walks or bicycles as frequent means of transportation.
- Treasurer, Welles Park Parents Association, a youth baseball organization on Chicago’s north side serving more than 1,000 kids
- Former Treasurer, Chicago Alumni Club, University of Michigan Business School
- Former Member, the Edgewater Community Council
- Former Chairman, Accountant's Division Education Committee, Jewish United Fund
- Former Member, the Lakewood Balmoral Residents Council