Osborne, Parsons & Rosacker, LLP, a full service Certified Public Accounting firm located in Colorado Springs, Colorado, celebrated its fiftieth anniversary in 2005. The firm's present partners, Greg Parsons and Jeff Rosacker, represent over 55 years of diversified public accounting experience. We are members of the Private Companies Practice Division of The American Institute of Certified Public Accountants and are subject to an outside party peer review of our practice every three years.Our firm's philosophy is based on the concept of timely, professional and complete service to our clients. This is accomplished through the following means:Obtaining and maintaining a strong understanding of our client's businessOur personnel, partners and staff alike, are expected to understand a client's business and industry and to maintain that knowledge by continuing close contact with the client throughout the year. It is our opinion that many business advantages and opportunities are lost as a result of contract professionals not being aware of the details of a client's business and, as a result, not being able to direct their specialized talents to a situation until after a transaction has been consummated.Developing and maintaining strong technical skillsThe strength of a public accounting firm is found in the talents of its staff and partners. We hire and promote the most competent staff available and foster their professional growth through the use of professional training targeted toward the needs of our client base and toward new areas of firm practice development. The close intermingling of our staff and our highly experienced partners allows us to pass the benefits of the judgment obtained through years of professional practice from one generation of our firm to the next.Timely service The delayed delivery of a report dropped off at your door at the last minute is, at best, an unnecessary nuisance that adds to the complications of managing a business. At worst, untimely service can cost a business an opportunity or, more measurably, a fine or penalty. We attempt to minimize the potential for untimely service by establishing with management the timetables for our service and for the outputs of any of our engagements. These timetables are established in meetings with management well in advance of our beginning any engagement and include details of the type of assistance we can expect from management as well as the dates within which we will perform our work and the timing of the output of our engagement.Complete serviceAs a small firm, we are aware of the limits of the service we are able to provide our clients. Large firms are able to supply highly sophisticated consulting services from within the ranks of their staff. We believe that we can better serve our client base in these areas by having a partner directly involved in the fieldwork and in maintaining our independence. We also have close professional relations with other firms that concentrate on various specialty consulting areas. By following this path, we do not have the economic obligation to "feed" a group of expensive (although perhaps talented) consultants and we do have the ability to recommend to our clients a range of talents from which they can choose We do feel that we have the internal ability to completely address 90% of the requirements that clients require from a firm of Certified Public Accountants.