EnergyBrown Edwards Supports a Variety of Energy and Energy-Related Organizations
From land owners with mineral reserves to mineral extraction companies and from coal, gas, and gravel businesses to distributors and end users: rely on our firm for your energy accounting needs.
- We provide external audits for public and privately held organizations.
- Brown Edwards conducts internal audits at any level up to the complete design of control systems.
- Our energy accounting services include 404 testing and monitoring.
- Our team can review lease agreements to ensure compliance and proper payment of royalties.
- We advise clients on mergers and acquisitions for their organization.
- Brown Edwards energy accounting work includes outsourced management services, review of SEC filings, and accounting treatment consulting.
As part of Brown Edwards’ business tax services we offer return preparation and ongoing tax planning.
Speak with Brown Edwards about energy accounting services for your businessContact One of Our Team Members
2 Players Club Dr, Ste 100 • Charleston, WV 25311-1640
Steve is an assurance partner in the firm’s Charleston office. He currently performs the concurring review for all SEC engagements in the firm. He has assisted clients with SOX 404 compliance ranging from providing internal audit of previously documented systems to overseeing the complete documentation of the entire accounting system and controls. Steve possesses accounting expertise in the area of energy
Steve is a graduate of Bluefield State College with a B.S. in Business Administration concentrating in Accounting and an A.S. in Mining Engineering Technology. He has been with Brown, Edwards & Company since 1985. He is a member of the American Institute of Certified Public Accountants and the West Virginia Society of Certified Public Accountants. Steve is active within his community and has served as treasurer of the Princeton-Mercer County Chamber of Commerce for over ten years. He is a past president and past treasurer of The Rotary Club of Princeton. He has served on various other boards including being a founding director, president and treasurer of the PikeView High School Foundation. He also currently serves as treasurer of the Princeton Advent Christian Church and is on the finance committee of the Advent Christian General Conference of America.
1715 Pratt Dr, Ste 2700 • Blacksburg, VA, 24060
Jim is an director in the NRV office and is a leader for the Financial Institution Services Team with responsibility for Securities and Exchange Commission compliance of publicly traded institutions. Jim worked three years with Arthur Andersen & Company before joining Brown, Edwards & Company, L.L.P. in 1973. He was a partner in the firm where he audited and consulted with financial institutions. In 1985 he joined First Community Bancshares, Inc. as President and Chief Executive Officer. During his 15 year tenure with First Community, the bank grew from $240 million in assets to over $1.2 billion, and successfully completed fourteen acquisitions including one merger of equals. Under Jim’s leadership, First Community was consistently recognized as a high-performing community bank. Jim’s responsibilities with Brown Edwards include audits of financial institutions and other public companies as well as leadership in a number of consulting engagements related to SOX 404 compliance, acquisitions and other matters.
Jim graduated from Concord College with a Bachelor of Science in Business Administration He holds a Certified Public Accountant license in Virginia, West Virginia and the District of Columbia. He is a member of the American Institute of Certified Public Accountants, the West Virginia and Virginia Societies of Certified Public Accountants, the Virginia Banker’s Association, the West Virginia Banker’s Association and the Community Banker’s Association of Virginia. In 1995 Jim was recognized for public service by the WVSCPA and the AICPA. In 1997, Jim became the recipient of the Distinguished West Virginian Award given by then Governor Gaston Caperton; he has served on the Board of Directors for the West Virginia Bankers Association and has been involved in numerous civic, church and community activities.
Expertise and Experience
- Audits of financial institutions and publicly traded companies
- Internal audit outsourcing for financial institutions
- SOX 404 compliance, including preparations and ongoing maintenance
- Acquisitions and mergers, including the related accounting
- Peer review team member for seven of the top 100 accounting firms in the country
2 Players Club Dr, Ste 100 • Charleston, WV 25311-1640
Harold L. Holstein, CPA, CMM, is a tax partner with Brown, Edwards & Company, L.L.P. He has been in public accounting since 1995. He has also worked in private industry with a publicly traded company for six years prior to moving to public accounting.
Harold graduated from West Virginia Institute of Technology in 1988 with a BS degree in Accounting. Over his career, Harold has served a variety of business entities including construction, oil and gas production, timber, mineral extraction, and other privately owned businesses. Services provided for these clients have included compiled financial statements, tax preparation, tax planning and audit support, continuity planning in family businesses, assistance in developing entity structures, assistance with drilling and operating agreements and other advisory services. He has also been involved with preparing forecasts and pro forma statements for use in obtaining financing. While working for the public company Harold had extensive involvement with multi-state tax reporting. At Brown Edwards, he has worked with many clients that file in multiple states. Harold prepares and presents at the firm’s annual construction symposium and at other events on current and pending tax issues. He has achieved the Professional Certified Mineral Manager status through the National Association of Royalty Owners CMM program.
Harold is a member of the American Institute of Certified Public Accountants and the West Virginia Society of Certified Public Accountants. He is active with NARO, WVLMOA and IOGA through the firm’s associate membership.
1815 Jefferson St • Bluefield, WV 24701-4031
Don has been a general services partner in the Bluefield/Princeton area for over twenty-five years. He is responsible for providing audit, tax and management advisory services to a variety of clients throughout the firm. In addition, Don has experience with financing issues, buyout strategies, and corporate strategic planning. After serving on the firm’s leadership committee for 6 years, Don became managing partner of the firm in 2001. His responsibilities include implementation and monitoring the firm’s strategic plan and strategic initiatives. He works directly with the firm leadership committee and serves as an adhoc member.
Don was a magna cum laude graduate holding a Bachelor of Science degree from West Virginia University where he was also a member of Beta Alpha Psi – National Accounting Fraternity. He is also a member of the American Institute of Certified Public Accountants and the Virginia and West Virginia Society of Certified Public Accountants where he has served on various committees and held officer’s positions.
What Clients SayAbout Our Accounting Services for the Energy Industry
"It is my privilege to make special note of the accomplishments of Mr. Harold Holstein, a Director at Brown, Edwards & Company, L.L.P. Harold has been a tremendous asset to our organization for over a decade providing accounting services for over a dozen in‐house companies. He is a highly reliable professional with an exemplary work ethic and has always been committed to delivering excellent work to us. Harold is a well‐known CPA among Oil & Gas clients as he is setting himself apart as being an expert in this industry."
J. Scott Freshwater - Vice‐President Reserve Oil and Gas, Inc.
"In a tough and demanding industry Brown Edwards has proven to be excellent advisors. They have the specific experience we need and the technical expertise necessary to navigate the challenges of an ever changing coal industry. Our relationship with them has been very beneficial and we look forward to continuing our long-term relationship well into the future."
Dick Johnson - Chief Financial Officer, Classic Coal Sales, Inc
"My association with Brown Edwards expands over 20 years. They have been engaged as auditors, tax preparers, and special situation engagements with the various companies I have been associated with since 1986. Steve Dalton, in particular, has a unique perspective and understanding in regards to the coal industry that is very difficult to find in a CPA. I would, without hesitation, recommend Brown Edwards for any engagement."
Joseph Funk - CEO/President, Rhino Energy LLC
"One of the best decisions I ever made was when I hired Brown Edwards."