Randy Milligan

Co-Managing Member, CPA

Little Rock, AR

Randy has more than 35 years of experience in the accounting industry. He serves clients from various industries, including nonprofit and governmental entities, manufacturing entities, employee benefit plans, 529 savings plans and farm and agricultural entities.

He routinely works with clients to assist in evaluating operating performance and to help management and boards of directors improve the effectiveness of their oversight. Clients value his “common sense” approach to evaluating issues and problem-solving.

Specialties

Services

Industries

Education & Certifications

University of Central Arkansas – Bachelor of Business Administration, Accounting (1988)
Leadership Greater Little Rock Class XVI (2001)
Faulkner County Leadership Institute (1998)
Certified Public Accountant (CPA) – Arkansas, Hawaii, Indiana, Massachusetts

Memberships

American Institute of Certified Public Accountants (AICPA) — Ethics Executive Committee, Ethics Enforcement Committee, Not-for-Profit Section
Arkansas Society of Certified Public Accountants (ARCPA) — Committee Member and CPE Instructor
Association of Government Accountants

Community Involvement

Arkansas Game and Fish Foundation — Board of Trustees
Arkansas Committed to Education Foundation — Board member
Conway Chamber of Commerce — Board member
Conway Regional Health Foundation — Board member

The Fun Stuff

Randy raises wildlife on his days off.
Elk hunting in New Mexico is one of his favorite things to do.

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Insights

Randy’s Featured Insights

Which Assets Cannot be Depreciated?

What is asset depreciation? Major business purchases, like machinery, are considered large assets. Depreciation is both an accounting and tax calculation method. From an accounting perspective, rather than deducting the entire cost of the purchase of a major asset in one year, you allocate the purchase price over the span of the asset’s lifetime. From