PRESIDENT
TERRY W. HUMPHRYES, CPA, CIRA, CFE
Terry Humphryes founded his own accounting firm in 1977 and today operates under the name of Humphryes & Arnett, P.C. He enjoys offering clients a comprehensive service which provides the client with an advisor who can assist with accounting and non-accounting matters. He is the partner in charge and technical review partner for all audit and financial reporting engagements.
He has extensive experience in providing expert testimony in complex business litigation cases. He has been retained in numerous litigation cases both civil and criminal going back over 30 years. Services performed include expert testimony, damage calculations, valuations and forensic investigations. He has testified in Court or been deposed in cases under the jurisdiction of Federal and State Courts in Alabama, New York, Connecticut, California and Georgia.
Dating back to 1978 he developed a niche in the areas of bankruptcy and reorganization services. He has also served as a Court appointed accountant, trustee and receiver.
Terry is a 1974 graduate of the University of Alabama. He holds certifications as a Certified Public Accountant (CPA), Certified Insolvency Reorganization Accountant (CIRA) and a Certified Fraud Examiner (CFE). He is a member of the American Institute of Certified Public Accountants (AICPA), the Association of Insolvency Accounts (AIA), the Alabama Society of Certified Public Accountants (ASCPA) and the Association of Certified Fraud Examiners (ACFE). He is a past chairman of the ASCPA’s Small Business Committee. He was nominated and selected to serve on the 1989 Birmingham Area Chamber of Commerce Leadership Development group which is comprised of 40 accomplished business people under 40 years of age. Terry is a past president of the Action Civitan Club of Birmingham.
PARTNER
BETH B. ARNETT, CPA
Beth Arnett is a Certified Public Accountant with thirty-two years experience in public accounting. In 1983, she graduated from the University of Tulsa in Tulsa, Oklahoma and received a B.S. degree with a major in accounting. She began her accounting career with the largest local firm in Tulsa, Oklahoma and after six years, moved to Birmingham, Alabama and joined Humphryes & Arnett, P.C., CPA's where she became a partner in January of 1997.
Her experience includes serving a wide range of clients from small, fast-growth, emerging companies to large, complex entities operating in multiple states. She has experience serving numerous non- profits, insurance, manufacturing, wholesale, retail, transportation, service, professional and health care providers. Her areas of expertise and extensive tax work include research and compliance, tax planning for closely held businesses and their owners, audit and accounting services. She also provides advisory services such as assistance in business planning, projections, budgets, accounting system design, training in-house accountants, preference searches and recovery of assets, liaison dealings with attorneys and bankers in real estate negotiations, operations management and consulting, preparation of financial information and litigation discovery services. On numerous occasions, she has participated, along with a team of other professionals, in the successful reorganization of a number of businesses.
Beth was nominated and selected to serve on the 1991 Birmingham Area Chamber of Commerce's Chamber Leadership Development group and was asked to serve as the Chairman for the same group for 1992. Beth currently serves on the Chamber's Finance and Taxation Committee. She is a member in good standing of the American Institute of Certified Public Accountants, (AICPA), Alabama Society of Certified Public Accountants (ASCPA) and the Oklahoma Society of Certified Public Accountants (OSCPA). In 2000, Beth was named one of the Birmingham Business Journal's “Top Forty Under Forty”.