Since its founding in 1982, Henningfield & Associates has achieved an enviable reputation by providing a level of service based upon the highest quality and responsiveness to clients' needs.
We strive to provide the level of high quality service one would expect from a large national firm, with a personal custom-tailored approach to servicing the operational needs of our clients. Our practice continues to thrive because we recognize that each client is our most valuable asset, maintaining the warm and personal "small firm" atmosphere.
Public accounting, as well as many other aspects of our present society, has changed dramatically in the last decade. A good accountant must now be many things to his or her clientele – a management advisor, a business consultant, a financial planner and an investment counselor – in addition to providing the traditional audit, accounting and tax services.
The professionals at Henningfield & Associates believe in providing each and every one of these services in order to fulfill the ever-changing needs of businesses and private individuals. Their trained staff of professionals provides just the right combination of financial services and accounting skills.
Using modern computer technology and the latest accounting techniques which their continuing education policy assures, they fill an ever-widening range of client needs. Whether you own a large or small business or simply need some personal financial planning, Henningfield & Associates is the accounting firm to see. They will put their years of experience and training to work for you.
Randy D. Henningfield, CPA
Randy has a diverse public accounting background. He has extensive financial and tax planning expertise in the professional services and real estate industries. He has developed a specialty in Taft-Hartley employee benefit plans. His expertise in this area has developed through a "hands on approach" in actual auditing and servicing of employee benefit plans. In addition, Randy has extensive data processing experience and assists clients in upgrading or installing their data processing facilities.
Randy's "hands on" approach has allowed him to stay current on the day to day operations of various Taft-Hartley Trust Funds. From auditing single employer plans to 20,000 participant multi-employer plans, he has designed and implemented audit procedures for a number of special procedure audits. He has consulted and recommended improvements in internal controls and administrative procedures. Randy's years of experience allow him an insight and perspective in helping clients deal with tax issues from many perspectives. Through careful tax planning and constant attention to tax changes, Randy has been successful in reducing and deferring thousands of dollars in taxation for his clients.
As a manufacturing specialist, Randy has designed a marketing brochure for a major manufacturing company to assist in the sale of the company for a price in excess of $60 million. Included financial forecasts and projections, cash flow analyses, income tax considerations, and historical financial and background information.
Over the years, Randy has also assisted clients in forming real estate syndications, development and construction projects, guiding them through the maze of tax and financial requirements. He has successfully assisted clients in the formation and review of a wide variety of real estate leases.
Certified Public Accountant, State of California B.S. in Accounting, California State University at Northridge
- American Institute of Certified Public Accountants (AICPA)
- California Society of Certified Public Accountants (CSCPA)
- International Foundation of Employee Benefit Plans