Bud Phelps

About the Founder of Bud’s Practical Accounting & Consulting

R.G. Bud Phelps, Sr. Consultant and Founder

 He earned a bachelor’s degree in Business Administration with an emphasis in Accounting (BSBA) from the University of Denver in 1958. He worked at a public accounting firm, Price Waterhouse, while attending college and had the opportunity to gain experiences in a variety of small businesses in their general and cost accounting systems.

These experiences led him to his first accounting job at Jolly Rancher Candies in Colorado. Since that beginning, he was involved in accounting and management for 50 years and therefore has had the opportunity to work in various types and styles of businesses. Bud gained experiences in various types of businesses over the years and was a member of management teams, in addition to serving on the Board of Directors for most of the companies he’s worked for. Since his retirement in 1998, he has been serving as a consultant for manufacturing, services, sales, and marketing firms.

He has also volunteered his services to the Lincoln Chapter of SCORE, served as Mentor, Chapter Chair, Treasurer, Co-Workshop Chair and served on its Executive Board. He is a presenter for the Lincoln SCORE workshop “What’s Involved in Starting a Small Business”- presenting the Practical Accounting portion of the workshop.  This workshop is listed in the Events section.

He is the instructor for the class, “Practical Accounting & QuickBooks Start-up”, given at Southeast Community College as an all day class which includes lab work with QuickBooks. This class is found in the Southeast Community College Continued Education Catalog and is given once each quarter.


Kelvin Kemp
Kelvin Kemp

Kelvin Kemp has his own CPA Firm and has additionally agreed to be a Consultant for, bpa bud’s practical accounting.  Arrangements for his appointments will be made relative to specific projects through R.G. Bud Phelps.  These services will be the same as has been listed for Face-to-Face or On-line services request forms.  The services may also include Income Tax Services or additional accounting services such as Financial Statement analysis (for Quarterly or Annual Reviews).

Kelvin Kemp is a Certified Public Accountant (CPA) with a mission and passion for helping people achieve their dreams of business success. Every business and business owner can be successful; it just requires passion, courage, hard work, a plan and a basic understanding of accounting.

He grew up on a family’s cattle ranch near the small town of Curtis Nebraska in the southwest part of the state.  In 2009 he received his Master of Professional Accountancy (MPA) degree from the University of Nebraska-Lincoln. He passed the uniform CPA exam and receiving his CPA certificate from the State of Nebraska in 2009. He has worked for small accounting firms in Nebraska since starting his career, helping business owners understand and gain value from their financial information as well as preparing business income tax returns. In January 2013 he started his own public accounting practice in order to better serve the business community and enhance the public accounting profession.

His desire is to get to know each business and business owner, as each has a unique story and a way to create value for its customers. This is why cookie cutter or mass produced solutions will not be as successful in assisting them to reach their desired goals. However, personalized solutions and action plans that are developed specifically for each business have a much greater chance of success and achieving your goals.  Remember that developing your business is a complex process and it takes time, but you do not have to do it alone.

He has also donated his time to the Lincoln Nebraska SCORE chapter serving as a mentor to small business owners as well as supporting the small business community as a member of the Lincoln Chamber of Commerce. He is an active member of his church and a member of the Nebraska Society of Certified Public Accountants serving on the Accounting Careers Committee.

Kelvin is a significant addition to bpa bud’s practical accounting, and therefore will enable us to cover a broader spectrum in meeting the practical accounting needs of our clients.

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