CPA profile: Elaine F. Farmer
- October 28, 2009
ELAINE F. FARMER
Bowling, Franklin & Co. LLP, Fredericksburg
Education: Bachelor’s degree in accounting, George Washington University/Benjamin Franklin University
Other professional certifications: Certified Specialist in Estate Planning (CSEP)
Husband: Emory Farmer
Children: Dianna Leslie and Shannon Duncan, who are both adults and married
Hobbies: Painting, mostly landscapes
Favorite vacation spot: Duck, N.C.
Favorite meal: Steamed shrimp and linguini
Fan of: “Napoleon Hill and his timeless business principles and Warren Buffett and his practical and innovative investment strategies”
Recently read: “Who Killed Change” by Ken Blanchard and John Britt
First accounting job: A CPA firm at the Watergate in Washington, D.C.
Career mentor: My husband, for always believing in my abilities
What advice do you have for new CPAs?
“Understand that your entire career will be a learning and growing process and embrace this as a wonderful opportunity. Be competitive with yourself by setting goals and benchmarks. Know that passing the CPA exam is only a start and not the finish.”
How has the recent market turmoil affected estate planning?
“I believe everyone is in a holding pattern waiting to see a glimpse of the recovery. Many people will probably put off planning until the estate tax laws are defined going forward and the recovery is visible.”