Parke, Jay

Jay Z. Parke, CPA, Audit Partner

Jay Z. Parke, CPA

AUDIT PARTNER

602-230-1040 EMAIL

Jay Z. Parke, CPA

MANAGING PARTNER

Jay Parke has been in public accounting since 1998, providing audit, accounting, consulting and forensic accounting services to clients in all major economic sectors.


An "Az Business Leaders 2023" honoree, Jay oversees the audit and accounting practice at Walker & Armstrong. His background includes auditing publicly traded and privately owned companiesnot-for-profit entitiesstate and local governments, and benefit plans.


He also helps companies receive Arizona's Qualified Facility tax credit, which promotes the location and expansion of manufacturing facilities.


Jay’s experience at a national firm included managing audits in the industries of technology, agriculture, hospitality, construction and a large Native American Community. He also assisted in developing the single audit curriculum used internally by the firm.


While working at local firms, Jay has performed a variety of advisory services work which includes several turnaround engagements for organizations experiencing financial and operational challenges. This includes financial and organizational restructuring and assisting with debt covenant compliance, and has involved functioning as the chief financial officer for several large organizations experiencing financial or other hardships. Jay has also assisted in developing legislation to assist local governments with regulatory compliance.

  • CERTIFICATIONS

    Certified Public Accountant (CPA): Achieved the second highest score in one sitting on the May 1998 exam 


    Certified Government Financial Manager (CGFM): Association of Government Accountants


    Certified Low Income Tax Credit Compliance Specialist

  • AREAS OF PRACTICE

    Audit, Review and Compilation


    Agreed Upon Procedures


    Internal Controls


    Generally Accepted Accounting Principles (GAAP)


    Consulting

  • MARKET SECTORS

    Not-for-Profit Entities

    • Trade Associations
    • Charitable Foundations
    • Charter Schools
    • Private Industry Councils
    • Private Post-Secondary Schools
    • Health and Welfare Organizations

    Local Governments and Quasigovernmental Entities

    • Counties
    • Municipalities
    • State Agencies
    • Fire Districts
    • Special-Purpose Government Entities

    Private Companies

    • Manufacturing
    • Real Estate
    • Construction
    • Low-Income Housing
    • Financial Services
    • Health Care
    • Agriculture
    • High-Tech
    • Hospitality
  • HONORS & AWARDS

    "Az Business Leaders 2023" (Accounting), AZ Big Media


    2nd highest score in one sitting on the May 1998 CPA exam

  • PROFESSIONAL MEMBERSHIPS

    American Institute of Certified Public Accountants (AICPA)


    Arizona Society of Certified Public Accountants (ASCPA)

  • PUBLISHED ARTICLES

    “Independence: The Need for Consistency and Common Sense,” AZ CPA, November 2015

  • PRESENTATIONS

    "COVID-19 Funding and Compliance" (PowerPoint), Governmental Accounting Conference, Arizona Society of Certified Public Accountants, February 2022


    “Fraud Risk Assessment and Prevention,” January 2015 and January 2019


    “Uniform Guidance – Auditor and Auditee Perspectives,” February and May 2017


    “Understanding Criminal Minds,” May 2014


    “Enterprise Risk Management Concepts for Governments,” November 2011

  • COMMUNITY LEADERSHIP

    Arts for All: Member, former Board Member


    Association of Government Accountants, Southern Arizona Chapter – former Treasurer


    Saguaro City Musical Theatre – Treasurer


    Southwest Autism Research and Resource Center: Member, Professional Advisory Committee

  • EDUCATION

    B.S., Accounting, Central Washington University

CLIENT ADVISORIES

Walker & Armstrong logo
By Walker & Armstrong LLP February 7, 2022
Walker & Armstrong audit partner Jay Parke presented "COVID-19 Funding and Compliance" at the Arizona Society of Certified Public Accountants' 2022 Governmental Accounting Conference on February 4.
Walker & Armstrong LLP
By Walker & Armstrong LLP July 19, 2021
In our May 26, 2021, webinar, Certified Ethical Hacker Michael Cocanower (itSynergy) and audit partner Jay Parke (Walker & Armstrong) helped our audience members identify cybersecurity threats and discussed procedures for protecting their data. If you could not attend our webinar, or if you want to see it again, it's now available for replay.
Jay Z. Parke, CPA
By Jay Z. Parke, CPA December 14, 2012
Not-for-profits are often challenged in determining the correct balance of costs versus benefits involved in establishing and maintaining internal controls.
Jay Z. Parke, CPA
By Jay Z. Parke, CPA April 20, 2012
Sound governance is key to a not-for-profit 's effective fulfillment of its objectives while complying with applicable laws, regulations and contractual arrangements.
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