Tyrone Inglis, CPA
Minneapolis,
MN
Ty Inglis, CPA is a business consultant and educator. He has 30 years of
public accounting experience which includes 18 years as an audit and accounting
partner for a large regional firm. He has experience in a number of
industries including auto, truck and implement dealerships, manufacturing and
wholesale, renewable energy and agriculture. He also practiced in the
firm’s SEC public company practice. He has a passion for audit and
accounting education and has been teaching courses sponsored by the Minnesota
Society of CPAs for many years.
LICENSURE
• Certified Public Accountant — Minnesota
PROFESSIONAL EXPERIENCE
AMERICAN INSTITUTE OF CPAS
Independent
Instructor
• Teach continuing education classes to CPAs in compliance
with licensure requirements.
MINNESOTA SOCIETY OF CPAS, Bloomington, MN 2013 –
present
Independent Instructor
• Teach continuing education classes
to area CPAs in compliance with licensure requirements.
• Provide
training for professional non-CPA staff of professional service firms.
EIDE BAILLY, LLP, Minneapolis, MN and Sioux Falls, SD 1984 –
2014
Partner — Audit and Accounting
• Performed audits, accounting,
tax, and consulting services for businesses and nonprofit
organizations.
• Served clients in diverse industries including:
transportation and farming, renewable energy, manufacturing and distribution,
and religious organizations.
• Presented in-house training and
continuing education instruction to staff and area accounting
professionals.
• Provided advisory services to clients to address
complex technical accounting issues including: revenue recognition, derivatives
and financial instruments, asset impairment, variable interest entities, and
financial statement disclosure.
• Spoke at national conferences in
multiple industries on technical accounting and SEC practice
matters.
• Served as key team member on business acquisitions and
sales.
AREAS OF EXPERTISE:
• Audit Department Head in Sioux Falls;
responsible for recruiting, business development, quality control, and
supervision of 50+ professional and support staff.
• Audit Engagement
Partner on several SEC registrants; handled registration statements, annual and
periodic filings, and audits of internal control over financial
reporting.
• Consultant and Audit Concurring Review Partner on several
SEC registrants; documented and implemented internal control over financial
reporting requirements of Sarbanes-Oxley.
NOTEWORTHY ACCOMPLISHMENTS:
• Key team member of business development
for Eide Bailly; achieved substantial increase in market
share.
• Consistently prepared and presented initiatives and proposals
to prospective clients resulting in winning new client
contracts.
• Audit efficiency and effectiveness training resulted in
15-25% reduction in hours for Eide Bailly (2000, 2014), and five other
accounting firms.
• Served as Eide Bailly Advisory Board facilitator,
which resulted in procurement of new clients.
• Lead Partner on several
engagements for Sarbanes-Oxley 404 implementation.
PRESENTATIONS AND ARTICLES:
• American Coalition for Ethanol (Board
Governance)
• CERTES – continuing education
• Footnote –
Minnesota CPA monthly magazine (audit proposals and group
audits)
• Ethanol Today (various topics)
• Upsize Magazine
(advisory boards)
CONSULTING SERVICES AND PROJECTS:
• Expense
Reduction
• Internal Control
Improvement
• Budgeting
• Forecasting
• Cash Flow
Improvement
• Financial Reporting Process
• Strategic Thinking
and Planning
• Operations Improvement
PROFESSIONAL MEMBERSHIPS/AFFILIATIONS:
• American Institute of
Certified Public Accountants
• Minnesota Society of Certified Public
Accountants
• Metro Meals on Wheels — Board
Treasurer
• Minneapolis Area Synod of the Evangelical Lutheran Church of
America — Interim Treasurer
• Eide Bailly LLP Board of Directors — past
board member, 3 years
• Joint Finance and Audit Committee — Episcopal
Church in Minnesota
• Mt. Olive Business and Finance Committee
member
• Minnesota CPA Legislative Issues Committee
member
• Downtown Council Member — Committee to End Street
Homelessness
2/2018