IPA 200 firm Abbott Stringham & Lynch of San Jose, Calif. (ASL) (FY22 net revenue of $29.6 million), has announced that Deepa Bhat has been elected MP, effective Jan. 1.
She succeeds Carol Wagner, who served in the role since 2020. Bhat is ASL’s seventh managing partner since the firm’s inception in 1977, and the third woman managing partner. Wagner will continue at the firm as an assurance principal.
“I am pleased to welcome Deepa Bhat as managing partner. Her leadership, client focus and ability to drive the success of the firm will only continue to advance ASL,” she said.
Deepa joined ASL in 2004 as an assurance staff accountant. She quickly progressed through her career and most recently served as the firm’s PIC of the assurance group. She serves privately held clients in the technology, international and construction industries. Bhat helps clients navigate complex and unique accounting issues encountered in their domestic as well as international operations. In addition, she leads the ASL construction group and the employee benefit plan audit practice.
“I am excited to take on this new role as managing partner and continue driving the firm’s culture of engagement and innovation, while providing training and leadership development for our staff, ultimately contributing to the financial well-being of our clients,” she said.