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Alisa Morris
Director of Marketing
212-303-1880
amorris@rssmcpa.com

FRED SHAPSS ELECTED PRESIDENT OF POLARIS INTERNATIONAL’S BOARD OF DIRECTORS

Fred E. Shapss, CPA, 63, has been elected President of Polaris International’s Board of Directors.  Mr. Shapss’ term will begin May 2005 and will end May 2007.  Polaris International is a worldwide network of international accounting and consulting firms with 200 members in key financial centers in 90 countries around the world.
Mr. Shapss with over 30 years of experience specializes in providing accounting and auditing, as well as tax services, to the securities brokerage, insurance, real estate and textile machinery industries, as well as in estate and financial planning.  Mr. Shapss is the Managing Partner of Rosen Seymour Shapss Martin & Company LLP.

Mr. Shapss has testified as an expert witness on numerous occasions, including the representation of clients in the breakup of a large law firm, matrimonial matters, an arbitration of clients’ misuse of funds, a business dispute where buyer argued he had overpaid and the purchase agreement was faulty, plus an arbitration hearing representing a law firm where a partner left and alleged accounting irregularities.  Mr. Shapss has extensive work in the securities industry and has testified as an expert witness in matters regarding improper margin calls.

He is a CPA licensed both in New York and Florida. Mr. Shapss received his BBA from CCNY and has taken advanced courses including Real Estate Investment Analysis at the Wharton School of Business and Federal Taxation of Real Estate Transactions and Syndications at New York University.

Mr. Shapss is a member of the Personal Financial Planning Committee of the AICPA, a past Secretary/Treasurer of the International Board of Directors of Polaris International and a faculty member and lecturer of The Accounting Firm Leadership Forum (2001 and 2004), and The Accounting Firm Partner Compensation Forum (2002 and 2003).  He is active in raising funds for North Shore Hospital on Long Island, NY.

Rosen Seymour Shapss Martin & Company LLP (“RSSM”), a member of the SEC Practice Section of the AICPA, was founded in 1956 and has over 100 professionals, including 19 partners and four principals.  We are a full service firm offering consulting services, including estate planning, litigation support and forensic accounting, management information systems consulting, business valuations, employee benefits, executive compensation, executive search and retirement planning in addition to the traditional services of accounting, auditing and tax planning and preparation.  Recently RSSM has been ranked in Public Accounting Report and Bowman’s Accounting Report as one of the Top 100 Accounting and Consulting firms in the United States and in Crain’s New York Business as one of the Top 25 CPA firms in the New York City metro area.  We can also offer services on both a national and international level through our membership in Polaris International, a worldwide association of independent accounting firms.

For information contact:

Alisa Morris
Director of Marketing
(212) 303-1880
amorris@rssmcpa.com