KCG History & Leadership
This leadership program is designed for students and put on each year by KCG in May.
What is the Future Accountant's Leadership Program?
This committee is dedicated to fostering an ownership mindset and transparency at Kirsch CPA Group.
What is the “Own It” Committee?
ESOP retirement benefits are distributed in this form.
What is company stock or cash?
When ESOP debt is repaid, this journal entry is made.
What is Debt: ESOP Debt, Credit: Cash?
This firm is responsible to act as a fiduciary including overseeing plan assets, ensuring the fair market valuation, and monitoring the company's performance.
Who is SCJ Fiduciary Services? Steve James i our independent Trustee.
This number represents how much one share of Kirsch stock is currently worth in our ESOP.
What is $1.11?
This is the number of new employees (at KCG) in 2025.
What is 6? (Sarah, Stevie, Matt Hig, Jarod, Alex, Luke S)
True or False: Employees can diversify their ESOP holdings into other investments immediately.
What is FALSE?
ESOP loan repayments free up shares from this account.
What is the suspense account?
True or False: ESOP participants directly vote their shares in all corporate matters.
What is FALSE?
This community organization named Kirsch’s ESOP a success story in 2025.
Who is the Goering Center?
This rate describes Kirsch CPA Group’s employee turnover in the last year, compared to 13–25% in all of public accounting.
What is under 10%?
This term describes when a company repurchases stock from departing employees.
What is the repurchase obligation?
As the ESOP loan is paid down, shares are allocated to participant accounts based on this.
What are year-end W-2 gross earnings?
This term describes the schedule when employees 'earn' their ESOP shares over time.
What is "Vesting Schedule"?
This number is Kirsch's current ranking On the IPA Top 500 Firms.
What is 416?
This phrase describes the vision for Kirsch CPA Group, emphasizing a lifelong home for team members and clients.
What is “To be a dynamic employee-owned organization where team members & clients have a life-long home”?
In addition to the ESOP, Kirsch also offers this other retirement plan.
What is a 401(k) plan?
This accounting concept ensures ESOP stock value reflects fair market value.
What is the independent valuation principle?
This happens to unvested ESOP shares if an employee-owner leaves.
What is they are forfeited and reallocated?
This team member has been at the firm the longest.
Who is Lori Ellinger? Since 1999!
This is the date, time and location of our Christmas Party.
December 6, 2025 at 6:00 at the Benison. It is a Casino Theme!
ESOP ownership helps with succession because it eliminates this need.
What is an outside buyer? (other firm, private equity, etc.)
This GAAP principle requires disclosure of ESOP obligations.
What is the full disclosure principle?
This U.S. president signed the first major ESOP legislation into law in 1974.
Who is Gerald Ford?