Richard O'Leary, CPA
Contact information
Richard O’Leary is a Partner with PP&Co. Richard has been with PP&Co since 2018, becoming a Partner in 2025. He received his Bachelor of Administration degree in Accounting from Iona College in New Rochelle, NY.
As a PP&Co Partner, Richard specializes in the following: preparation of audited, reviewed, and compiled financial statements for private social clubs, lodging, vacation ownership and timeshare developments, private foundations, manufacturing, employee benefit plans, and non-profit organizations. He provides advice and consultation regarding complex accounting and tax exemption and taxation matters to the private club industry, as well as accounting controls and systems implementation consulting.
Richard has been a thought leader in the Private Club industry for over 40 years, frequently presenting and writing newsletter articles and bulletins for the benefit of Private Clubs in California. Notably, Richard contributed to the Uniform System of Financial Reporting for Clubs – 7th revised edition, a joint collaboration between Hospitality Financial and Technology Professionals (HFTP) and Club Managers Association of America (CMAA). The publication is an accounting resource for club managers, officers, and controllers.
We asked…Richard Answered
What advice would you give to a young accounting professional interested in working with hospitality and club clients?
Become an expert in the issues facing the industry. Seek mentors who can assist you in becoming an expert. Network with clients and industry professionals. Finally, commit to lifelong learning of the industry and its regulations, which constantly evolve.
How do you assist clubs in navigating the complexities of tax compliance and exemptions?
I assist clubs in navigating tax compliance and exemptions by continually educating myself on the rules and regulations, being involved in industry-related organizations, writing related articles/bulletins, making presentations and being available to answer any question, any time, whether from a client or non-client.
How do you measure success?
I measure success not by personal performance or personal goals, but by making a positive difference in the lives of the people I meet, whether professionally or personally.
Professional Affiliations
- American Institute of Certified Public Accountants
- California Society of Certified Public Accountants
- Hospitality, Financial and Technology Professionals (HFTP)
- California State Club Association, Treasurer and Board Member
- Club Tax Network