Victor W. Vaccaro, Jr., CPA/ABV, CFF, is the partner-in-charge of assurance services. Vic has over 34 years of experience providing auditing, accounting and consulting services. He specializes in working with manufacturing companies, architectural and engineering firms and government-contracted agencies. Vic’s areas of expertise include Federal Acquisition Regulation (FAR) overhead audits, business valuations, ownership transition, mergers and acquisitions and forensic accounting. In addition, he focuses on consulting engagements designed to enhance the profitability of his clients, including the implementation of performance management techniques, activity-based costing projects, customer profitability analysis, improved budgeting and strategic planning initiatives. Vic is also the partner-in-charge of the firm’s manufacturing practice group.
Professional Certifications
Certified Public Accountant in New York State, Illinois, Indiana and North Carolina (CPA)
Accredited in Business Valuation (ABV) by the AICPA
Certified in Financial Forensics (CFF)Professional Affiliations
American Institute of Certified Public Accountants (AICPA)
New York State Society of Certified Public Accountants (NYSSCPA)
Association of Certified Fraud Examiners (ACFE), Associate Member
Risk Management Association (RMA), Empire Chapter, Board of DirectorsCommunity Involvement
Northeast UAS Airspace Integration Research (NUAIR) Alliance – Board of Directors and Treasurer
Manlius Family YMCA – Board Member
Fayetteville-Manlius Little League – Board of Directors
Onondaga Historical Association – Board of Directors
YMCA of Central New York – Past Board of Directors and TreasurerEducation
Bachelor of Science in Accounting and Finance, magna cum laude Clarkson University (1990)
Publications
Successful Ownership Transition for the Design Professional – Dannible/McKee and Associates, Ltd., Instructor
“Keys to Ownership Transition and Business Succession Planning,” Dannible & McKee, LLP Industry Advisor, Manufacturing Edition, August 2024
Under the Hood: Ten Things You Can Do (Now!) To Get Your Financial House in Order Before a Transaction or Transition- Dannible & McKee/ Key Bank Panel Discussion, Co-presenter, March 2024
“Is Your CPA an Expert in Manufacturing? ” Dannible & McKee, LLP Industry Advisor, Manufacturing Edition, August 2023
“Comparing Financial Statement Audits, Reviews, Compilations and Preparations,” Dannible & McKee, LLP Tax & Business Alert Newsletter, February 2023
Accounting and Financial Reporting Update – Dannible & McKee Annual Tax & Financial Planning Conference, Co-presenter, November 2022
Accounting, Reporting and Corporate Governance Update– Dannible & McKee Annual Tax & Financial Planning Conference, Co-presenter, November 2021
“Understanding the Value of Your A/E Firm,” CNY Business Journal, Ask the Expert Series, June 2021
“Improve Your Financial Statement Analysis,” CNY Business Journal, Ask the Expert Series, June 2021
Valuing Your Business in a Volatile Economy – Dannible & McKee, LLP Annual Tax & Financial Planning Conference, November 2020
Global Pandemic & Key Impacts on Manufacturing – Dannible & McKee, LLP Manufacturing Conference, Co-presenter, October 2020
“Are You Operating Effectively in All Key Areas?” CNY Business Journal, Ask the Expert Series, September 2020
“Keys to Ownership Transition and Business Succession Planning,” Dannible & McKee, LLP Tax & Business Alert Newsletter, June 2020
“Ownership Transition Planning for Manufacturers,” MACNY Member Newsletter, November 2019
Tips for Buying or Selling a Business – Dannible & McKee, LLP’s Annual Tax & Financial Planning Conference, November 2019
How Can Manufacturers Increase Profitability and Grow Business Value? – Dannible & McKee, LLP’s Manufacturing Conference, October 2019
Navigating Through the Complexity of FAR Overhead Rates and Audits – Dannible & McKee, LLP Webinar for Architects & Engineers, October 2019
“Keys to Successful Ownership Transition Planning,” CNY Business Journal Ask the Expert, September 9, 2019
Considerations for Buying and Selling Small Engineering Firms – ACEC 2019 Annual Convention, May 2019
Planning for a Successful Ownership Transition – Dannible & McKee, LLP’s Annual Tax & Financial Planning Conference, Co-presenter, November 2018
“Comparing Audits, Reviews, and Compilations” – Dannible & McKee Tax & Business Alert Newsletter, October 2018
Ten Suggestions for Improving Profitability and Increasing Business Value – Dannible & McKee, LLP’s Annual Tax & Financial Planning Conference, November 2017
Training and Consultation on FAR Audits of Oregon Consultants – Oregon Department of Transportation, External Audit Services, June 2017
“Understanding the Value of Your AE Firm” – Deltek.com, January 2017
Developed a series of accounting courses for the Manufacturers Association of Central New York (“MACNY”) and presented on numerous topics for the MACNY Finance/Professional Services Council
Evaluate Financial and Tax Provisions of Key Agreements – Dannible & McKee, LLP’s Annual Tax & Financial Planning Conference, Co-presenter, November 2016
Effective Inventory Management – Dannible & McKee, LLP’s Manufacturing Conference, October 2016
Techniques to Improve Internal Financial Reporting and Analysis – Dannible & McKee, LLP’s Annual Tax & Financial Planning Conference, November 2015
“Improve Your Financial Statement Analysis” – Dannible & McKee, LLP Website Resource Center, October 2015
Effective Budgeting and Strategic Planning Techniques – Dannible & McKee, LLP’s Manufacturing Conference, October 2015
Identifying Issues in Audited FAR Indirect Cost Rate Schedules – 2015 American Association of State Highway Transportation Officials (AASHTO) Audit Conference, July 2015
“Understanding FAR Overhead Calculations and Audits for Architecture and Engineering Firms” – Dannible &McKee, LLP’s Website Resource Center, March 2015
Understanding FAR Overhead Rates and Audits – American Council of Engineering Companies of New York 2015 Winter Conference/CFO Program Track, January 2015
Ten Tips for Improving Profitability and Business Value – Dannible & McKee, LLP’s Annual Tax & Financial Planning Conference, November 2014
The Importance of Loan Covenants and Their Impact on Annual Financial Statements – Risk Management Association’s Empire Chapter 2014 Fall Conference, November 2014
Ten Techniques to Increase Profitability – Dannible & McKee, LLP’s Annual Manufacturing Conference, October 2014
Firm Valuation and Managing for Profitability – Revenue is Vanity, Margin is Sanity, Cash is King! – AIA New York State Design Conference, October 2014
Performing Effective Contract Closeout Procedures – 2014 American Association of State Highway Transportation Officials (AASHTO) Subcommittee on Internal/External Audit Annual Meeting, August 2014
Financial Ratio Analysis and Managing Your Firm for Profitability – Axium A/E Industry Seminar, May 2014
Enhancing Shareholder Value and Poising Your Business for Sale or Transition – Dannible & McKee, LLP’s Annual Tax & Financial Planning Conference, November 2013
Understanding Product Costs and Pricing – Dannible & McKee, LLP’s Manufacturing Conference, October 2013
Five Great Ideas to Improve Your Financial Analysis – Axium 5IVEIN30 A/E Industry Webinar, August 2013
“Fraud: Prevention, Control and Detection,” April 2013
Successful Ownership Transition for A/E Firms – National Society of Professional Engineers, May 2012
“Ownership Transition Planning for Manufacturing Companies,” March 2012
Financial Ratio Analysis and Managing Your Firm for Profitability – Axium A/E Industry Webinar, December 2011
Improving Operations Effectiveness – Dannible & McKee, LLP’s Manufacturing Conference, October 2011
“Understanding FAR Overhead Calculations & Audits,” A/E Business Journal, September 2011