BMSS Celebrates 20 Years
Barfield, Murphy, Shank & Smith is is celebrating its 20th anniversary of providing accounting services. Two decades highlighted by steady growth and professional recognition.
In 1991, Don Murphy, Keith Barfield and John Shank decided to create a public accounting firm where employees can have a successful career that also supports their lives outside the office. The founders began as the only employees, with zero clients, in the basement of one of their homes. Steve Smith joined in 1994.
Now, twenty years later, BMSS has a staff of 95 employees (including 50 CPAs) and provides services to over 2,000 clients. BMSS ranks in the Top 10 in size of public accounting firms and is one of the largest, locally-owned firms in Alabama.
This expansion has not been through mergers or acquisitions but through organic growth contributed in part to the family-friendly policies and core values of the firm: Character, Family, Life/Work Balance, and Treating Everyone Professionally.
BMSS has a high level of employee satisfaction, low turnover and the ability to recruit topnotch professionals. We utilize our low turnover to minimize staff changes. Staff consistency allows us to reduce costs to clients and ensure long-term relationships.
The employee growth and low turnover has allowed BMSS to receive several recognitions including “Top Small Workplace” by The Wall Street Journal, “Best Accounting Firm to Work For” by Accounting Today, “Best Place to Work” by the Birmingham Business Journal and the Alfred P. Sloan Award for Business Excellence in Workplace Flexibility.
We are proud to be named a “Southern Hero” by SouthernLINC Wireless and to have received the AICPA Public Service award for our commitment to our community as demonstrated through service projects and employee volunteer days.
In 1998, BMSS was selected to join the prestigious BDO Seidman Alliance, a nationwide alliance of accounting firms which brings us tools to better serve our clients with greater flexibility, efficiency and cost effectiveness and allows us to access national resources to assist in meeting client needs.
BMSS goes far beyond the accounting services a typical CPA firm might offer. As your business partner, BMSS can provide you with a one-stop shop of services including payroll, IT and VoIP services, and employee benefit plan administration. Throughout the past 20 years, BMSS has identified client needs that led to the addition of new services such as estate planning and business valuations, plus the establishment of sister companies: Abacus IT Solutions, Payroll & Benefit Solutions, and Benefits Administration Services.
Clients recognize the value of working with BMSS. Of the 2,000 clients currently served by BMSS, over 500 of those clients have been with BMSS for over 10 years.
“We’re proud to be celebrating such a significant milestone,” said Don Murphy, Managing Member. “During the last twenty years we have grown our company and expanded our services. We hope to share a similar success with our clients by providing them with quality accounting services, insight and knowledge to help their businesses thrive. We hope that BMSS will be a testament that small businesses can have long-term success.”
"Top 10 Things Over the Past 20 Years I Learned to Make BMSS Successful" By Don Murphy
"What Led to the Decision to Start (What is now known as) Barfield, Murphy, Shank & Smith?" By Keith Barfield
"What Accomplishments at BMSS Make Your Most Proud?" By John Shank
Steve Smith and his wife, Robin, are parents of three daughters - Jessica, Lauren and Molly. Steve is a Member of the firm and joined... read more
"They are helpful and quick to respond to my calls and emails and keep their appointments."