Rachel A Peters, CPA, CFE

Managing Shareholder & President

Rachel is the managing shareholder and president of Thoresen Diaby Helle Condon & Dodge, Inc. CPAs & Advisors. She provides accounting, forensic, tax compliance and planning, and business consulting services to a wide variety of clients, helping them achieve their objectives by approaching their goals with a proactive strategy. Specializing in accounting and auditing, tax planning and consulting, and forensic accounting and analysis, she also contributes as an expert witness on fraud cases.

Rachel is motivated to help people so they can focus on their business and their passions in life. She wants them to stay focused on what they love and the reason they started the business. She also loves working with numbers, finding solutions, and making accounting fun.

“I look forward to being a contributing member of your team. You can call  on me at any time, and count on my being focused on your success.”

Raised in an entrepreneurial environment, Rachel worked alongside her accountant father and brother in the family’s thirteen women and children’s clothing stores in Minnesota and Wisconsin. Accounting came naturally to her. She received her BA in Accounting from Northern Michigan University in 1999, is a Certified Public Accountant, and a Certified Fraud Examiner. She continues her specialized education, attending many various classes and seminars. In 2015 Rachel received the highly regarded (Real) Power 50 Award from Minnesota Business Magazine for being a remarkable player in the Minnesota business community with a knack for getting things done — and being helpful along the way.

Active in her community, Rachel is a frequent public speaker on topics including “Tax Strategies & Fraud: When Good Intentions Go Bad”, and “Best Practices in Various Accounting, Business, and Tax Matters.” Her charitable work includes contributing to Feed My Starving Children, Make A Wish Foundation, and American Cancer Organization. An avid runner, she also participates in numerous charity runs.

Rachel loves spending time with her family and dogs. She enjoys staying active with running, hiking, and kayaking, and also loves cooking and travel.

One of her favorite quotes is “Begin with the end in mind.”

Rachel Otten, CPA, CFE

Rachel Otten, CPA, CFE

Rachel Otten, CPA, CFE


  • Accounting and Auditing
  • Individual and business taxation
  • Mergers and acquisitions
  • Start-ups
  • Family businesses


Advertising, Collection Agencies, Construction Contractors, Customs Brokerage, Employee Benefit Plans, Franchisers, Golf Courses, Hotels and Restaurants, Manufacturing, Multifamily Housing (HUD), Non – Profits Organizations, Professional Services, Publishing, QuickBooks Consulting, Real Estate Development, Real Estate Rental and Leasing, Retail Trade, Sales Representative, Business Start Ups, Wholesale Distributors.


  • MNCPA (Minnesota Society of Certified Public Accountants)
  • AICPA (American Institute of Certified Public Accountants)
  • ACFE (Association of Certified Fraud Examiners)
  • AHACPA (Affordable Housing Association of Certified Public Accountants)
  • Employee Benefit Plan Audit Quality Center