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PEOPLE IN DH&S: Jack M.\kighan Achievement is to Jack Vaughan as a hit is to a ball player; a single is never satisfactory when, with just a little extra effort, it could have been a home run. As a thirty-year- old whose present responsibilities include those of Houston office partner, tax specialist, Texas Bar member, noted speaker, award-winning writer, husband, and father of two, Jack M. Vaughan has demonstrated his ability to get the most mileage out of everything he does. Making that extra effort is simply his way of life. Seated comfortably behind the paper-laden desk of his twenty-fifth floor office, Jack spoke at length of how past efforts brought him to his present position of tax partner at DH&S Houston. Though his manner seemed casual, his carefully prepared notes and well-chosen phrases were anything but haphazard. In being interviewed, as in all his endeavors, Jack Vaughan strives for precision. It was that same desire for precision that motivated Jack to specialize in tax. "Specialization is increasingly critical in accounting today," he said. "In fact, each aspect of the field is so complex at this point that even the specialist must narrow down his or her focus and concentrate on only one or two subspecialties. In tax, as in most areas, a broad base of experience is needed in the early years. But once this base is established, it's advantageous - both for the individual and for the firm - for areas of specialization to be developed." Within the field of tax, Jack pointed out, there are many areas of potential specialization. Depending on both demand for services and personal inclination, tax specialists may choose to focus on a particular industry — such as banking or retailing - or on a technical tax subject, reorganization or liquidation, for example. Community property taxation is an area of particular interest and concentration for Jack. In Jack's opinion, specialization is not only an effective way of increasing his own precision, but also a powerful tool for marketing the firm's services. "We need to demonstrate to potential clients that we are accounting experts," he explained, "not just by our general reputation, but by our specific knowledge of procedures pertaining to their own industries and areas of interest." Speaking and writing are other marketing tools that, in Jack's experience, have proved invaluable. "These are incredibly effective ways of informing the financial community and potential client groups that DH&S has the expertise that they want and need and is ready to serve them," he said. "After all, you can be the world's foremost expert in an area, but if nobody knows it, you've only gone halfway. It's only through visibility that we can make our reputation known." As a man who has written dozens of articles for publication in various magazines and journals, and who has delivered numerous talks before professional and academic audiences, Jack is clearly a believer in the power of visibility. His first article, "Tax Aspects of the Professional Corporation in Texas," was written in 1973 while he was still in law school. "Actually, it was a paper for a business planning course that I was taking," Jack explained. "I had no intention of having it published. But, because my work at the firm just then happened to pertain to the topic of the paper, I decided to give it a try." The fact that Jack's article was pub- Copyrighted -- License from Black Star
People in DH&S: Jack H. Vaughan
St. Gil, Marc
Vaughan, Jack M.
Broadstone, R. C.
Cruikshank, Robert J.
Studdard, Kenneth E.
Vaughan, Jack M.
Deloitte, Haskins & Sells. Houston Office
Deloitte, Haskins & Sells. Executive Office
DH&S Reports, Vol. 15, (1978 summer), p. 30-33
|Source||Originally published by: Deloitte, Haskins & Sells|
|Rights||Copyright and permission to republish held by: Deloitte; Photographs by Marc St. Gil, Black Star|
|Format||PDF page image with corrected OCR scanned at 400 dpi|
|Collection||Deloitte Digital Collection|
|Digital Publisher||University of Mississippi Library. Accounting Collection|