Stephen D. Livingston, CPA - President
In 2001, Mr. Livingston's entrepreneur desires got the best of him. He left the CPA firm to pursue an opportunity to be a part owner and CFO (Chief Financial Officer) of a multi-location wholesale distributor. As a CFO, he dealt with the financial side of running a business. His CPA experience was a plus in dealing with lease negotiations, bank financing, business and health insurance renewals, dealing with manufacturers and major suppliers, and a multitude of other business matters. Mr. Livingston was responsible for the expansion from three to five business locations plus the addition of a major product line. This experience made him realize that there are a significant number of businesses that would benefit from a "part-time" CFO. Having been on both sides of the fence, Mr. Livingston feels that he knows what today's business owners are dealing with.
Mr. Livingston's diverse background has been very
instrumental in his client service. He has over 30 years of
Mr. Livingston graduated from Old Dominion University
(ODU) in May 1984 with a Bachelors of Science in Business
Administration - Accounting.
Upon graduation, Mr. Livingston spent the next two years
working for a local CPA with a diverse clientele of small to
mid-size business clients. This opportunity allowed him to
work one-on-one with a diverse group of small business owners
In August 1986, an opportunity with a local, downtown Norfolk
CPA firm helped expand his horizons. During his
fourteen-year tenure with this firm, he continued to work
with a diverse clientele of businesses, including
multi-entity and multi-state companies, providing them with
accounting, consulting, and tax services.
In 1992, Mr. Livingston was made a partner with this
firm after six years of service. During his eight-year tenure
as a partner, he sharpened his accounting, marketing, tax,
leadership, and business advisory skills. In 1999, he
successfully completed a certification program resulting in
the CVA (Certified Valuation Analyst) designation. The CVA
program gave him the tools necessary to perform business
valuation engagements as well as utilize that knowledge in
working with business owners to help them provide the type of
information that their bankers needed to provide the
necessary credit facilities required by the business.
In 2006, Mr. Livingston decided to focus solely on serving the business community as a full-time CPA firm. In March 2009, he incorporated his accounting firm as Stephen D. Livingston, CPA, P.C.
Mr. Livingston, along with his wife and three children reside in the Great Bridge section of Chesapeake, VA. He is a past President of the Tidewater Chapter of the Virginia Society of CPAs (a local professional organization for accounting professionals). He also served on the board of a local non-profit organization. He is the Committee Chairman for his son's Cub Scout Pack 901 and is actively involved as the Finance Chair for Oak Grove United Methodist Church.