Michael R. Smith, CPA

Kyle A. Sem, CPA

Our History...

To meet the needs of new clients, Michael Smith started in business in 1988 to provide accounting, tax and CPA-related services to corporations, small businesses and individuals throughout west central Minnesota. In 1994, he partnered with Fred Evenson to form Smith Evenson & Co. After the death of Fred Evenson in 2004, the name was changed to Michael R. Smith, Ltd. In 2015 he partnered with Kyle A. Sem, CPA to form Smith & Sem, Ltd. - Certified Public Accountants.


Smith & Sem, Ltd is located in the historic library building on North Union Avenue in Fergus Falls. The library was built in 1905 and survived the 1919 tornado that devastated the town of Fergus Falls. Our office features an original fireplace and the building is one of the most well known buildings in Fergus Falls.

Meet Our Staff...

Micheal R. Smith, CPA - Partner


•   Alexandria Technical College, 1981


•   Public Accounting 1981 - Present


•   American Institute of CPA’s
•   Minnesota Society of CPA’s
•   Elijah Watt Sells Award Winner - top 113 of 72,000 in nation for November, 1987 CPA Exam

Kyle A. Sem, CPA - Partner


•   Fergus Falls Community College, 1995 (AA)

•   Mankato State University, 1998 (BS)


•   Interned and/or worked for Grant Thornton, LLP and Ness, Waller, Pearson CPA firms from 1998 – 2000

•   Accountant with City of FF 2000 – 2006

•   Regulatory/Finance Department OTP 2006 – 2015

•   Built my own tax practice from the time I left public accounting until the partnership was formed.


•  American Institute of CPA’s

•  Minnesota Society of CPA’s

•  CGMA (Chartered Global Mgmt Accountant)

Rebecca A. Bennett, CPA


•   Augsburg College, 1996


•   Public Accounting 1996 - Present


•   Minnesota Society of CPA's

Kathy Compton - Business Manager


•   Rasmusson College, 1988


•   Public Accounting 1988 - Present

Dawn Schlienz - Staff Accountant


•   Reference Accounting, Payroll, A/P, A/R

Vicki Smith - Administrative


•   Alexandria Technical College 1982

Smith & Sem, Ltd.  •   125 North Union Avenue  •   Fergus Falls, MN 56537

Phone: 218-739-4546

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