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Morrison, Brown, Argiz & Farra, LLP, Receives Practice Innovation Award from Practical Accountant Magazine

MIAMI - September 13, 2004 - Practical Accountant magazine honored Morrison, Brown, Argiz & Farra, LLP, a Miami-based accounting and management-consulting firm, with a Practice Innovation Award for its creation and implementation of the Partner Dashboard, a unique information system that allows the firm's management team to capture and view real-time client data, from project scope and account status to staffing and billing information.

The Practical Accountants Practice Innovation Awards annually recognize accounting firms that are taking the lead in developing new or improved services and promoting efficiency in the practice of public accounting. According to Howard Wolosky, executive editor of Practical Accountant, entries for Innovation Awards were voted on by the magazines full-time editorial staff.

"The Partner Dashboard has dramatically improved productivity and reduced the time and cost related to retrieving internal data," said Stuart Rosenberg, CPA, partner and president of the firms technology consultancy Solutions@MBA. "With its drill-down capabilities, partners are able to access live reports by client, employee or department, all from the convenience of their desktops. This allows the firms management team to efficiently track performance, manage service levels, and respond quickly to client needs."

Adding to the functionality of the "Partner Dashboard" is its inter-connectivity with Solutions@MBAs proprietary integrated document management system PaperSave®. The combination of the two provides for instantaneous on-screen viewing of source documents, such as accounts payable invoices, client correspondence and work documents via a secure electronic storage system.

According to Tony Argiz, managing partner of Morrison, Brown, Argiz & Farra, "The Partner Dashboard illustrates our drive to better service our clients."

"What all the winning firms have in common is an ability to see and seize opportunities, to develop detailed plans, and execute superbly," said Wolosky. "They also aren't afraid to spend money, but most importantly, they are willing to take risks."

Based in Miami, with offices in Fort Lauderdale, Florida, and Boulder, Colorado, Morrison, Brown, Argiz & Farra, LLP, is one of the nations leading independent accounting and management consulting firms. With a portfolio of services that goes far beyond traditional accounting, MBAF provides business solutions to a broad range of clients, from individuals to public and private entities. For more information, visit www.mbafcpa.com.