Ted Flom

Partner, Armanino Advisory LLC

Helping people flourish is the most gratifying aspect of my job.

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Bio

Meet Ted

Ted has over 30 years of financial statement audit, internal audit and consulting experience. He is responsible for leading internal audit outsourcing and co-sourcing relationships and is a member of the Firm’s healthcare industry leadership team. Ted is also responsible for leading the Data, Automation & Transformation team for the Audit and Risk Advisory Services practices, focused on helping clients improve the quality and efficiency of work through technology enabled, data driven solutions.

Prior to joining Armanino, Ted was the Partner in Charge of Brown Smith Wallace’s Advisory Services practice and spent 13 years with KPMG in the audit, consulting, and information risk management practices. Expertise includes internal audit strategy and transformation, audit and internal control planning and program development, data driven audit and continuous monitoring approaches, and coaching and mentoring internal audit leaders. In his role, Ted has led the development and redesign of internal audit programs for dozens of clients and has considerable experience working with and advising executive management and audit committees.

Ted earned his Bachelor of Business Administration in Accounting from the University of Texas – Austin. He is a Certified Public Accountant (CPA), Certified Internal Auditor (CIA), and a Certified Information Systems Auditor (CISA). He serves on the boards of several local non-profit and industry organizations including the JCC of St. Louis (past Board Chair), Crown Center for Senior Living (past President), St. Louis Men’s Group Against Cancer (Treasurer), the St. Louis Chapter of the Institute of Internal Auditors (past President) and is a member of the MOCPA, Association for Healthcare Internal Auditors (AHIA), and Healthcare Financial Management Association (HFMA).

Contact Ted Flom

Experience

Professional History

Associations

  • American Institute of Certified Public Accountants (AICPA)
  • Missouri Society of Certified Public Accountants (MOCPA)
  • Information Systems Audit and Control Association, Inc. (ISACA)
  • Institute of Internal Auditors, St. Louis Chapter

Community

  • Board Member and President, Crown Center for Senior Living
  • Treasurer, St. Louis Men’s Group Against Cancer
  • Treasurer and Board Member, Jewish Community Center of St. Louis

Education

  • University of Texas at Austin

Experience

  • KPMG LLP

Q&A

Q. What is the toughest decision you have ever made?
Leaving my role at a large, well established firm to join an entrepreneurial firm where I could evolve and bring my expertise to the table.
Q. Without naming names, tell us about your favorite client and why you enjoyed working with them.
I had the opportunity to do more consultative and internal audit work for a company that was looking to mature its business practices. I enjoyed helping create a vision and coming up with the steps to accomplish it.
Q. Please tell us one fun fact about yourself.
I wrestled in high school and went to the state championships with the team.
Q. Describe your work style.
I’m certainly big picture-focused, but also very much someone who is persistent, hard-working and determined.
Q. Who is (or was) the most influential person in your life
The two most influential people in my life are my wife and my mother. My wife helps me balance my style and approach to things. Growing up, my mom was someone that was very much focused on doing the right thing and combining that with enjoying life.
Q. If you could pass on a nugget of wisdom to aspiring accountants or consultants, what would that be?
Take a risk. Try things you normally wouldn’t try. Raise your hand when volunteers are requested. Those risks will set you apart and serve you well. You do a lot of repetitive tasks earlier in your career – don’t discount them. Instead, treat those tasks as they are the most important thing. It’s those little things that show you care and show what type of person you are.
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Industries Served
Ted's Thought Leadership
Travel & Expense Audit Helps McCarthy Building Companies Establish Better Controls to Cut Costs
Case Study
A national general contractor partners with Armanino to perform an internal audit to enhance controls and cut costs.

December 20, 2022
How Automation Can Improve Your SOX and Internal Control Compliance Efforts
Article
If your company struggles with its SOX audit because of personnel and data challenges, consider if automation can help.

October 07, 2022