Gary Petersen, CPA, Founding Partner
Gary is a founding partner in the firm Adams & Petersen CPA's LLC in the Clearfield/Layton area. He has been in public accounting for 31 years and enjoys the connection that accounting has to every aspect of our lives. The firm is a full service accounting firm for individuals and businesses from start-up to large corporations with multi-state presence. The firm has a comfortable but professional atmosphere designed to allow employees to thrive and clients to receive excellent service.
Gary has experience with a large Salt Lake firm and a small Ogden firm prior to becoming a founding partner of the firm Adams and Petersen CPA’s LLC in 2001. He was educated at Weber State University.
Gary has special expertise as a Certified Public Accountant in entity selection, taxation, high net worth individuals, and estate planning. He also has expertise in specific industries such as construction, manufacturing, retail, not-for-profit, restaurants, real estate sales and development, governmental grants and municipalities, and a wide variety of the professional services industry including legal, and many aspects of the medical including general practice, dental, anesthesiologist, physical therapists etc.
In addition to taxation, Gary has professional expertise is the financial reporting and compliance area as well. He oversees all compilation, review, and audit, financial reporting in the firm and has a strong background in that area. He has experience with auditing, reviews, and compilations for small to large entities over $100 million annually. Included in that expertise is determining proper internal control structure and consulting regarding management effectiveness and efficiency analysis.
He values the relationships of other professionals in the legal, finance, banking and insurance industries that become team members as they work together to accomplish the goals of their mutual clients.
He is very involved in the community and believes everyone should “give back” to the community in an appropriate manner and at some point in their lives.
Gary is a Past Chair of the Board of Directors of the Davis Chamber of Commerce and is currently the Vice Chair. He has served on the executive board most years from 2001 to present. While serving in the chamber he has been involved in everything from Legacy Highway to Hill AFB spending, creating UBIDS a liaison program for government contracting, creating Davis Cable 17, a PEG cable channel owned by the Davis Chamber, and recent past chairman of the Transportation Committee. In January 2018 Gary received the Chamber Choice Award for his service for many years to the chamber.
Gary is currently in his nineteenth year as a councilmember in West Point City. He serves as the Mayor Pro-Tem. As a Councilman he has enjoyed shaping the future of a fast growing community and solving issues related to West Point’s growing pains.>
He is in his sixteenth year of service on the North Davis Fire District Board. The District is a special district that provides fire protection and EMS and ambulance service to the communities of Clearfield and West Point and Sunset. He has served as vice chairman and is now serving as Chairman of the Board for the second time. He recently received the Distinguished Board Member Award from the Utah Association of Special Districts at their state convention.
Gary served on the Steering Committee for the new Layton Intermountain Hospital and Clinics. He serves on the Davis County Advisory Board for Zions Bank. He also serves on the Board of PARC (Pioneer Adult Rehabilitation Center). PARC is part of a non-profit entity called Service Source. In Gary’s capacity on PARC he also serves on the national board of Service Source, a $200 million Non-profit.
Gary has served on other boards and committees in the past such as UACPA CPE committee, Davis Education Foundation, Smiles for a Lifetime, and the Davis County Tourism Tax Advisory Board.
Gary’s hobbies include spending time with his wife Carolyn and four kids and five grandchildren, spending time gardening, and occasionally spend a few minutes cycling on the quiet rural roads of West Point. He recently participated in the LOTOJA bike race for the seventh time. It is a bicycle race that goes from Logan Utah to Jackson Wyoming climbing approximately 10,000 feet and covering 206 miles in one day.