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Citrin Cooperman Brings On Marie Tarmy, MBA as Executive Director

July 26, 2010 -- Citrin Cooperman & Company announced today that Marie Tarmy, MBA, has joined as Executive Director. Her duties will include monitoring billings and collections and monthly/annual reporting, overseeing benefit programs, and liaising with all partners and offices.

Tarmy has served as a trusted senior executive for more than 25 years to firms in various industries, including engineering, manufacturing, staffing, IT, and finance. She focuses on integrating financial and operational results to achieve maximized profitability for small and medium-sized firms.

As Executive Director, Tarmy will report to Managing Partner Joel Cooperman.

"I am confident she has the skills and temperament necessary to be successful at our firm," said Cooperman. "It is my hope that having Marie here full time will allow me to spend more time with our partners and manage the firm's business."

Prior to joining Citrin Cooperman, Tarmy worked for many years as a Controller, CFO, partner, and business owner. She also served as a mergers and acquisitions consultant.

Tarmy, a resident of West Orange, N.J., graduated from The College of New Jersey with a degree in accounting, earning her CPA license. She earned an MBA in Finance and a Certificate in International Business from Seton Hall University. She also served as the Treasurer for the Heart Gallery of New Jersey, and was a member of both the American Institute of Certified Public Accountants and the New Jersey Society of Certified Public Accountants, where she served on various committees.

Citrin Cooperman Awards Two New Jersey Students with Business/Accounting Scholarships

Citrin Cooperman announced that two graduating high school seniors from New Jersey were awarded scholarships as part of the firm's 6th annual High School Accounting/Business Student Grant program.

Lauren King, of Irvington High School, and Mateo Gomez of North Bergen High School, will each receive a $1,000 annual grant for four years. King, 18, of Irvington, N.J., will attend William Paterson University. Gomez, 18, of North Bergen, N.J., will attend Caldwell College.

Citrin Cooperman's college grant program, begun in 2005, awards scholarships based on academic achievement and a strong desire to pursue a career in the accounting or business field. The firm awarded a total of eight scholarships this year, including three to Westchester County (N.Y.) students, one to a Philadelphia-area student and two others to New York City-area students.

"We're pleased to be able to award these scholarships to Lauren and Mateo," said Joel Cooperman, Citrin Cooperman's Managing Partner. "Lauren and Mateo were the best from a highly qualified field of applicants. It's satisfying to know that so many quality students are interested in pursuing accounting and business education."

Citrin Cooperman Awards Three Westchester Students with McDonagh Memorial Scholarship

Citrin Cooperman announced that three graduating high school seniors from Westchester County were awarded Caroline McDonagh Memorial Scholarships.

The McDonagh scholarships – given to Calvin Alunkal of Ossining High School, Karen Lazaro of Peekskill High School, and Stephen Hart of Sleepy Hollow High School – are part of Citrin Cooperman's 5th annual High School Accounting/Business Student Grant program, which awards grants to students near the firm's offices in White Plains, New York City, Springfield, N.J., and Philadelphia.

Alunkal, Lazaro and Hart will each receive a $1,000 annual grant for four years. Alunkal, 18, of Ossining, will attend New York University's Stern School of Business. Lazaro, 19, of Peekskill, will attend Iona College. Hart, 19, of North Salem, will attend Anna Maria College, in Massachusetts.

Scholarships for Westchester County students were named in McDonagh's honor, following her passing in November 2007 at age 35.

McDonagh had worked for Citrin Cooperman since 2005, and was an active member of the scholarship committee in the White Plains office. McDonagh was a great supporter of scholarship program, and education in general. She graduated from a technical college in her native Ireland before relocating to the United States, and earned a bachelor's degree in accounting at Lehman College while working as a bookkeeper. McDonagh earned her CPA's license just weeks before passing away.

Citrin Cooperman's college grant program, begun in 2005, awards scholarships based on academic achievement and a strong desire to pursue a career in the accounting or business field. In order to continue to receive the grant, the students must be enrolled in college, take at least 12 credits each semester, and maintain a 2.75 GPA. Students are interviewed and chosen by the firm's scholarship committees in its New York, White Plains, New Jersey, and Philadelphia offices.

In addition to the grants, Alunkal, Lazaro and Hart had their names inscribed on a plaque in the White Plains office, and received a picture of Caroline along with a letter that describes the scholarship and the reasons it was named after McDonagh.

"Even though these students never had the chance to meet Caroline, I'm sure they understand what an honor it is to receive a scholarship in her name," said Joel Cooperman, Citrin Cooperman's Managing Partner. "One of Caroline's passions at Citrin Cooperman was the scholarship program, and she personified the hard work and dedication that separates truly great people both in and outside of the workplace."

About Caroline McDonagh

Caroline McDonagh passed away in 2007 at age 35 from a myocardial infarction. The first "Caroline McDonagh Memorial Scholarships" were awarded in 2008. McDonagh was born in the west of Ireland on Feb. 16, 1972, At 24, she relocated to the United States. Her first job in the United States was as a bookkeeper in a small company in New York City. While working as a bookkeeper, McDonagh attended Lehman College at night and graduated with a bachelor's degree in accounting. In addition, she was recognized with high honors and named to the Dean's List every semester.

She passed the Certified Public Accounting exam the first time she took it.

Caroline joined Citrin Cooperman & Company, LLP in September 2005, shortly after passing the CPA exam, and soon became highly respected by the firm's partners and her co-workers. In July 2007, after completing the required two years of experience to obtain her CPA license, she was promoted. On Nov. 1, 2007, two weeks before she passed away, Caroline received her CPA license in the mail.

Jacobson to Be a Featured Speaker of "Judging Transactions in Today's Economy" Webinar

On Thursday, July 15th, Director Craig Jacobson will be the featured speaker at a webinar titled "Fairness Opinions: Judging Transactions in Today's Economy."

The event is sponsored by Business Valuation Resources, LLC. The webinar will focus on an in-depth review of fairness opinion in light of recent regulations, court case laws, and economic changes. Other topics will include: changes to the processes of determining value, operating in the current regulatory and market environment, and a discussion on the effects of both classic considerations and emerging trends.

Date: Thursday, July 15th, 2010
Time: 1:00 p.m. – 2:40 p.m. Eastern Time
Registration Link

To learn more about Business Valuation Resources, please visit this link.

Partner Nick Florio Named Finalist in NY Enterprise Report's "Best Accountants and Attorneys" Awards; Partner Vic Mizzaro Also Nominated

Citrin Cooperman & Company, LLP announced today that partner Nick Florio, CPA was named a finalist among accountants in the "Best Accountants and Attorneys for Growing Businesses Awards," presented by the New York Enterprise Report.

Florio was among five finalists in the Accountant of the Year category. Citrin Cooperman partner Victor Mizzaro, CPA, was also nominated in the "Accountants – Technology" category.

New York Enterprise Report, a monthly magazine devoted to the needs of New York metropolitan area small and growing businesses, conducted the awards program, and honored winners and finalists on June 29 at a dinner at the Trump SoHo in New York City. The Best Accountants and Attorneys for Growing Businesses Awards honors professionals who through their services, help small businesses reach their goals.

"The New York Enterprise Report awards program confirmed what we already knew – that Nick and Victor are among the best at what they do," said Joel Cooperman, managing partner of Citrin Cooperman. "Our firm – from our top partners to our administrative staff – strive to exceed client expectations and to deliver advice and services that enable our clients to grow every day."

All candidates' applications were reviewed by a judging committee, and the five finalists in each of seven categories were then judged by a panel of business leaders and experts.

Florio earned finalist status based on his ability to advise his clients in all aspects of their business – from financial to operational, in order to best positively impact their growth and profitability. He counsels clients in the areas of valuation, profitability analysis, strategic corporate organization, as well as business and tax planning. Florio is recognized as one of the top CPAs and business advisors to the restaurant and staffing industries.

By way of example, Florio assisted one staffing company in growing from $15M to $25M by restructuring their annual budget and management to ensure higher profit levels than ever before. Nick also assisted another client in evaluating state and local tax issues, and together with the client's attorney, worked out a plan to help the company relocate out-of-state in order to take advantage of tax incentives and to gain other operating efficiencies.

Like Florio, Mizzaro was nominated based on his track record of working with clients to offer solutions to financial and operational issues that go far beyond the range of typical accounting work.

While Mizzaro has a strong practice within the real estate industry, for the last eight years he has worked closely with a technology firm, helping it grow from early stages to a full-fledged venture. Mizzaro provides not only auditing and tax work for this tech firm, but also acts as a valued member of its management team, offering advice on accounting-related business decisions.

Citrin Cooperman Raises Nearly $2,000 for The Food Bank for Westchester

On Friday, June 25th, employees at all five Citrin Cooperman offices participated in the monthly "Jeans with a Twist" day. This program allows employees to wear jeans during the work day if they donate $5 or more to a specially selected charity. Citrin Cooperman also matches firm-wide donations.

June's charity was The Food Bank for Westchester—the supply and support center for approximately 200 frontline hunger relief agencies throughout Westchester County. The Food Bank for Westchester collects, warehouses, and distributes 6 million pounds of food a year. They provide 95% of all the food that Westchester's front line Food Pantries, Soup Kitchens, and Shelters used to feed our hungry neighbors. There are more than 200,000 people in Westchester County who are hungry or at risk of hunger, approximately one-third of them are children. For more info, please visit this link: http://www.foodbankforwestchester.org.

With donations from all five offices and the Firm match combined, $1,758 was raised for this charity.

Bruckman & Mandeloff Author Article on Asset Protection in The Legal Intelligencer

On Tuesday, June 22nd, Citrin Cooperman Wealth Management Director David Bruckman and Wealth Management President Alan Mandeloff co-authored an article titled "Asset Protection: An Integral Part of Wealth Management." The article was published in The Legal Intelligencer, the most trusted source of Pennsylvania legal news, information and analysis and the oldest law journal in The United States.

To read the full article, please visit this link.

Citrin Cooperman Joins Moore Stephens North America, Leading Accounting Firm Association

Citrin Cooperman & Company, LLP announced today that it has joined Moore Stephens North America (MSNA), a leading worldwide association of accounting firms.

Citrin Cooperman, headquartered in New York City, is the 56th member of MSNA, which includes accounting firms in the United States, Canada, Mexico and the Caribbean. Besides tapping the knowledge of other MSNA member firms, Citrin Cooperman gains worldwide access to members in more than 350 accounting firms in 98 countries as part of London-based Moore Stephens International Limited.

"We've grown steadily over the past 30 years and continue to serve the needs of our clients," said Joel Cooperman, managing partner at Citrin Cooperman. Our prior affiliation with Premier International served us well for many years, but as our firm has grown and our clients have expanded all over the world, we saw a need to join a larger network. Our membership in Moore Stephens further ensures that we can partner with accounting talent almost anywhere in the world to provide solutions where familiarity with local laws, regulations and practices is vital to success."

As a member of MSNA, Citrin Cooperman also becomes a valued resource for association members throughout the U.S. and around the world.

"Operating in and around one of the world's major business centers – New York City – for the past 30 years, we are well positioned to provide a range of accounting and business consulting services to other members and their clients," said Cooperman.

"The addition of Citrin Cooperman to Moore Stephens adds significantly to the overall strength of the association in a number of practice areas and provides us with the necessary expertise in a major economic market," said Steven Sacks, MSNA's executive director. "The firm has proven over three decades in business its ability to help clients succeed by delivering a wide range of accounting, tax and consulting services."

Citrin Cooperman to Conduct Annual Survey of Funeral Home Owners, Directors

Citrin Cooperman & Company, LLP announced that it will be surveying funeral home owners and directors as part of its annual Funeral Directors Survey, which has produced for more a decade.

The survey is available online at www.citrincooperman.com/funeralsurvey, or hard copies can be requested by calling Citrin Cooperman at (973) 218-0500. Results of the survey – typically published in a 70-plus page PowerPoint presentation – will be provided free of charge to participants, and should be available by Nov. 1, 2010. The deadline for participation is July 30.

Citrin Cooperman's annual survey of funeral home owners and directors has provided information on the "state of the industry," based on responses from funeral homes, primarily located in the Northeast, for more than a decade.

The survey covers a number of areas including industry issues and trends, mergers and acquisitions, pricing, payments and financial issues, technology, value of services, the expansion of services, and insight into specific revenue generators such as caskets and pre-need planning.

"Many funeral home directors find the survey results, and even the process of taking the survey, extremely useful, said Ed Horton, partner-in-charge of the Funeral Industry Services practice at Citrin Cooperman. "The results allow funeral homes to compare and contrast the issues they're facing with the rest of the industry. Even taking the survey creates an opportunity for directors to analyze various parts of their business and the issues that they face."

Past surveys have identified trends in pricing, pre-need financing and casket sales, among others. Last year for example, Citrin Cooperman's survey showed that the average price for basic funeral home services in the Northeast increased more than 12 percent over the previous year. Previous surveys pointed out issues in the growth of green and alternative burials and the impact of big box stores, such as Costco, on casket sales.

The survey originally targeted funeral home owners and directors in the greater New York area – New York, Connecticut, New Jersey and Pennsylvania – but has expanded its geographic scope over the last several years. While Citrin Cooperman has offices throughout the New York metropolitan area, and in Philadelphia, the survey is open to funeral home directors throughout the United States.

"Each year it seems that we receive more responses from outside the Northeast region, as the results get shared throughout the industry," said Horton. "There's no reason to believe that the same concerns facing funeral directors here on the East Coast are much different than those on the West Coast and almost all points in between. As we receive more responses from outside of the greater New York area, we'll be able to better compare and contrast."

Funeral home directors interested in more information on this year's survey or copies of previous years' results can contact Horton at (973) 218-0500.

Citrin Cooperman Employees Participate in Annual JPMorgan Chase Challenge

On Wednesday, June 16^th, nearly 70 Citrin Cooperman employees participated in the annual JP Morgan Chase Challenge, completing a 3.5 mile run/walk in Central Park. The Challenge served as a platform to promote health and fitness in the workplace, foster goodwill and camaraderie amongst coworkers, and show commitment to the community and best environmental practices. To view group pictures from the Challenge, please visit this link.

The Challenge is the world’s largest corporate road race circuit for the full-time business community, and is hosted in 12 cities across six countries and five continents. It is also fast becoming the world’s “greenest” road race.

In 2009, there were nearly 222,000 Challenge participants across the globe, representing over 7,700 companies. Combined, JPMorgan Chase and Challenge participants donated more than $600,000 to local non-profit organizations in 2009. More than 1.75 million has been donated in the past 3 Series years.

To read more about the JPMorgan Chase Corporate Challenge, please visit this link.

Tramazzo Honored By Big Brothers Big Sisters of New York City

On Wednesday, May 19^th, Partner Ron Tramazzo was honored by the Big Brothers Big Sisters of New York City at an Accountants and Bankers Reception. Both Ron and James Fitzgerald of Wells Fargo Bank were presented with the Bob Berenson Leadership Award.

The event took place at the Harmonie Club and was attended by approximately 250 guests, including many industry leaders in the accounting and finance community. A web gallery of pictures can be viewed at this link.

To read more about the Big Brothers Big Sisters of New York City, please visit this link.

Citrin Cooperman Wealth Management Hosts "Cocktails & Conversation" Featuring Erin Arvedlund, Author of "Too Good to be True: The Rise and Fall of Bernie Madoff"

On May 6, 2010, Citrin Cooperman Wealth Management hosted "Cocktails & Conversation," featuring a book signing and discussion with investigative journalist and author Erin Arvedlund. Arvedlund's recently published "Too Good to be True: The Rise and Fall of Bernie Madoff" offers an in-depth examination of the now infamous hedge-fund manager's career, his empire and his well publicized downward spiral. The event was held at Philadelphia restaurant Table 31, where friends and clients of Citrin Cooperman Wealth Management enjoyed cocktails and hors d'oeuvres.

Arvedlund was among the first to publicly raise a red flag regarding Madoff's "enviably steady gains" in her 2001 Barron's article, "Don't Ask, Don't Tell." The journalist questioned how Madoff's fund continued generating impressive returns despite shifts in market conditions, but did not receive any concrete answers. During the Citrin Cooperman event, Arvedlund provided a revealing look at Madoff's ruinous $65 billion Ponzi scheme, its discovery and ultimately, the man behind it all. Citrin Cooperman Wealth Management President Alan Mandeloff was among the participants at the event.

"The enormity of the fallout from Madoff's swindle offers many critical lessons for investors and financial professionals alike," said Mandeloff. "Ms. Arvedlund's in-depth examination of this unfortunate period in America's financial history was both fascinating and impressive. We appreciate her participation in our event and look forward to continued investigative reporting from this insightful writer and speaker."

"Too Good to be True: The Rise and Fall of Bernie Madoff" is published by Portfolio Trade.

Citrin Cooperman Wealth Management, LP offers clients in-depth and independent personal financial planning and fee-based investment advisory services. The team of in-house experts recommends financial, estate and investment strategies and solutions. The investment, wealth and personal finance advisors oversee ongoing administration while working with clients' legal, tax and other advisors to implement the clients' asset and money management plan.

Massella Speaking at New York Business Forum Meeting

On Tuesday, June 29th, Partner Corey Massella will be the featured speaker at a New York Business Forum Meeting. The event is sponsored by Business Forums International, LLC.

Date: Tuesday, June 29th, 2010
Time: 12:00 p.m. – 1:30 p.m.
Hosted at:
Houlihan Lokey
245 Park Avenue
New York, NY 10167

Interested parties can contact Ian Neuda at ineuda@bfimail.com or (310) 789-5752 to request an official event invitation and register. To learn more about Business Forums International, please visit this link.

Partner Ed Heben Named Treasurer of Board of Trustees at Flexitoon Puppet Theatre

Partner Ed Heben, CPA was named Treasurer to the board of trustees of Flexitoon Puppet Theatre. Founded earlier this year, the non-profit organization is dedicated to enhancing and deepening the public's appreciation of puppetry as a major art form.

Other board members include Nathan Lane, Matthew Broderick, Sarah Jessica Parker, Thomas Schumacher and Megan Mullally.

Heben will oversee Flexitoon Puppet Theatre's finances, provide business guidance and will work closely with any accounting professionals or firms hired by the organization as it grows.

"It's an honor to be named to such a prestigious and high-profile board of trustees," said Heben, who is based out of Citrin Cooperman's White Plains office. "The work being done through the Flexitoon Puppet Theatre is very important, and I'm glad to be able to contribute to the organization and the community at this early stage."

Heben joined Citrin Cooperman as a partner in 2007, has provided tax, business valuation, professional practice appraisal and financial forensic services to a wide range of businesses and individuals – including musicians and entertainers -- for the past 30 years.

By utilizing state-of-the-art production techniques in contemporary presentation with original storytelling, the Flexitoon Puppet Theatre hopes to attract a diverse, intergenerational audience to a permanent home in Manhattan. The theatre will also have a multi-media gallery space for close-up viewing of their highly visual theatrical art, which will amplify the experience. They plan to make the productions available to everyone at an affordable price. Flexitoon has been called the "Pixar of Puppetry."

Other board members include Sybil Christopher and Murphy Davis (Artistic Directors of the Bay Street Theatre), Nick Offerman (co-star NBC Parks & Recreation) and Pulitzer Prize-winning author Ron Suskind ("The Way of the World").

Along with Jonathan Freeman (Broadway veteran and the voice of Disney's Jafar), the Flexitoon Puppet Theatre was launched earlier this year by Craig Marin and Olga Felgemacher, co-founders of Flexitoon, LTD. Flexitoon is an award-winning entertainment company that designs, builds and performs puppets and marionettes for television, film and stage. They have starred on Nickelodeon's inaugural series Pinwheel, PBS' Shining Time Station, and others. Citrin Cooperman's Heben has dedicated his accounting and business consulting services to Flexitoon Ltd. for more than 20 years.

To learn more about Flexitoon, please visit this link.

Iannuzzi Shares Franchising Knowledge with Teen Entrepreneur Bootcamp, a NYC Non-Profit

Supervisor Mike Iannuzzi will be serving as a professional guide and mentor for a non-profit program called Teen Entrepreneur Bootcamp. The program enables teens to open a temporary retail business to the public which they create, design, market, and operate.

This summer, teens will be tackling the challenge of turning the NYC bakery This Chick Bakes into a franchise, testing the waters for an actual franchise business model. Mike will be providing accounting training to the participants of the program, empowering the teens to consult experts, write business plans, and present the product to the public by way of pop up store.

To learn more about Teen Entrepreneur Bootcamp, please visit this link.

Massella Speaking on SEC Topics at FEI Wine Tasting Seminar

On Wednesday, June 9th, Partner Corey Massella will be the featured speaker at an "Accounting Update" wine tasting seminar.

Massella will be addressing several topics, including: a discussion of guidance and the use of codification; updates on the status of IFRS, XBRL, and SOX 404B; and updates on recent GAAP and SEC assurances. The event is sponsored by the Long Island Chapter of Financial Executives International.

Date: Wednesday, June 9th, 2010
Time: 6:00 p.m. – 9:00 p.m.
Hosted at:
Hofstra University Club
225 Hofstra University
Hempstead, NY 11549

Interested parties can contact Alanna Simpson at ams@dmlegal.com or (516) 247-4436 to RSVP for the event. To learn more about FEI, please visit this link.

Iannuzzi Speaking About the Process of Franchising an Existing Business

Supervisor Mike Iannuzzi will be a featured speaker at a seminar entitled "Franchising 101: Are You Ready to Franchise Your Existing Business?" The event will take place on Wednesday, June 9th. Discussion topics include determining your business's franchise potential, understanding the importance of branding before expanding, selecting the right franchisees, and addressing legal and accounting franchise matters. The event is sponsored by NYC Business Solutions.

Date: Wednesday, June 9th, 2010
Time: 9:00 a.m. – 11:00 a.m.
Hosted at:
NYC Business Solutions - Lower Manhattan Center
79 John Street
New York, NY 10038

Interested parties can contact snicholas@seedco.org or (212) 513-6472 to RSVP for the event. To learn more about NYC Business Solutions, please visit this link.

Avi T. Aronovitz Joins Citrin Cooperman's SEC Solutions Group

Avi T. Aronovitz has joined SEC Solutions Group, LLC as a Director. SEC Solutions Group, a specialized advisory firm, is a subsidiary of Citrin Cooperman & Company.

"Mr. Aronovitz brings extensive knowledge of corporate finance, accounting, financial reporting, internal control, treasury, risk management and corporate governance, based on 20 years' of experience with publicly traded companies," said Corey Massella, the Citrin Cooperman partner who heads SEC Solutions.

"He characterizes the unusual scope of capabilities required to deliver the advisory services offered by the SEC Solutions Group. We bridge the gap between finance and accounting as well as the one between auditors and public companies caused by Sarbanes-Oxley and Securities and Exchange Commission requirements," Massella continued

Aronovitz has been on both sides of the table, having served in both CFO and financial management roles, as well as a certified public accounting professional. He understands the growing compliance and regulatory challenges that small and midsized publicly traded companies face.

Prior to joining SEC Solutions, Aronovitz was a partner at Tatum, LLC, the U.S.'s largest executive services firm providing strategic and operating leadership to the office of the CFO.

Aronovitz previously served in various CFO and senior financial positions, including Interim CFO of Comverse Technology, Inc, a public, multi-national software company, as VP of Finance and Treasurer of Comverse Technology, Inc, as VP and CFO of Miltex, Inc, a manufacturer & distributor of surgical and dental instruments owned by a private-equity group, as VP and Corporate Controller of IDT Corporation, a public multi-national telecommunications and internet services provider and as Director of Finance at Zurich Reinsurance (North America), a public U.S. reinsurer.

Aronovitz began his career in the Audit and Business Advisory practice of Arthur Andersen LLP in 1990. He has also served on the board of directors of public companies Verint Systems Inc. and Ulticom, Inc. He holds a B.S. in Accounting from Yeshiva University's Sy Syms School of Business and resides in Woodsburgh (Long Island), N.Y.

The SEC Solutions Group, LLC, a subsidiary of Citrin Cooperman & Company, LLP, provides strategic, situational and transactional advisory services, including mergers and acquisitions. Founded in 2006, the company's clients include both public companies and private companies that plan to go public. To learn more about SEC Solutions Group, please visit this link.

Citrin Cooperman Announces Media Mentions for April 2010

· Citrin Cooperman was mentioned in the article “Startup: The Prize” on businessinsider.com (Link)

· Partner Stan Goldis was profiled in the article “Philadelphia CPA Stanley Goldis Provides Pro Bono Tax Return Services to Bala Cynwyd Library” on prlog.org (Link)

· Partner Gary Karlitz was quoted in the article “Karlitz recommends Verdict Search for probability modeling litigation” on bvwirenews.com (Link)

· Citrin Cooperman was mentioned in the article “2010 ‘Best Places to Work in New Jersey’” on bestplacestoworkinnj.com (Link)

· Citrin Cooperman was mentioned in the article “Above the Bar Awards 2010” in the Weschester County Business Journal (Link)

· CCWM Managing Director David Bruckman authored the article “Estate Planning in 2010 – Effect of Congressional Inaction” on the Breakthrough Philanthropy website (Link)

· Partner Chris Hegarty was mentioned in the article “Philadelphia CPA Chris Hegarty Participates in Y-Carbon Ribbon Cutting” on prlog.com (Link)

· Partner Barbara Lane was quoted in the article “How to Play the Changing Tax Picture in 2010” on cnbc.com (Link)

· Senior Marketing Manager was mentioned in the article “Citrin Cooperman Senior Marketing Manager Shannon Mayforth to Serve as Social Media Panelist at Pennsylvania Bar Institute’s Women in the Profession Summit” on jlns.com (Link)

Citrin Cooperman Now a Member of the AICPA's Employee Benefit Plan Audit Quality Center

Citrin Cooperman recently became a member of the AICPA's Employee Benefit Plan Audit Quality Center. The Center is a voluntary membership organization for firms that perform ERISA employee benefit plan audits. The Center was established to promote the quality of employee benefit plan audits in the face of increasingly complex laws.

As a member of the Center, Citrin Cooperman employees receive timely communications of regulatory developments, maintain strong relationships with the DOL, and attend topical education seminars. These resources ensure a consistently high quality of service throughout the benefit plan audit process.

To learn more about the AICPA's Employee Benefit Plan Audit Center, please visit this link.

Citrin Cooperman Raises Nearly $2,000 for The Crohn's & Colitis Foundation

On Friday, May 14th, employees at all five Citrin Cooperman offices participated in the monthly "Jeans with a Twist" day. This program allows employees to wear jeans during the work day if they donate $5 or more to a specially selected charity. Citrin Cooperman also matches firm-wide donations.

May's charity was The Crohn's & Colitis Foundation. The organization's mission is to cure Crohn's disease and ulcerative colitis, and to improve the quality of life of children and adults affected by these diseases. The Foundation ranks third among leading health non-profits in the percentage of expense devoted to research toward a cure, and more than 80 cents of every dollar the Foundation spends goes to mission-critical programs. For more info, please visit this link: http://www.ccfa.org/.

With donations from all five offices and the Firm match combined, $1,922 was raised for this charity.

Citrin Cooperman Announces Media Mentions for April 2010

Partner Will Fernandez was mentioned in the article "Tax Tips: Don't Miss Out on These Write-Offs" on planetlaundry.com (Link)
Partner Paula Vuksic authored the article "Extension gives you time to file your return" on NorthJersey.com (Link)
Director Craig Jacobson authored the article "Factors to Consider in Performing a Valuation Analysis for a Fairness Opinion - Part II" in CCH Business Valuation Alert
Director Elaine Papadopoulos was mentioned in the article ""Elaine Papadopoulos earns CFE designation" on NorthJersey.com (Link)

Citrin Cooperman Offering $5,000 of Accounting Services to Startup 2010 Contest Winner

Citrin Cooperman will provide $5,000 of accounting services to a lucky CEO who wins the Startup 2010 contest for his or her company. The annual conference is co-hosted by Silicon Alley Insider and New York University's Stern School of Business, with support from founding sponsor General Catalyst Partners and other business sponsors.

The prize, valued at $100,000, also includes legal, banking, recruiting, fundraising, and technical services from well-established companies, along with $25,000 in cash and other key business opportunities. The winner will be announced on Thursday, May 20, and will be selected from 10 finalists. For more information about the Startup 2010 contest and prize, please visit this link.

Startup 2010 is a business plan competition and one-day event about entrepreneurship and digital business that will showcase 10 top startups competing for bragging rights, buzz, and a career-changing prize. To register for the event, please visit this link.

Citrin Cooperman Client Nominated for 2 Tony Awards

Citrin Cooperman client Naked Angels, Ltd. produced an off-Broadway play called "Next Fall," which was nominated for several Tony awards, including "Best Play" and "Best Direction of a Play."

Partner Arnie Civins has done pro bono work for the theatre troupe since 1986. To learn more about Naked Angels, please visit this link.

Koplowitz Speaking at Business Legal Structures Seminar

On Tuesday, June 8th, Partner Arthur Koplowitz will be speaking at a seminar entitled "The Best Legal Structure for Your Business."

The event is sponsored by the New York State Society of CPA's (NYSSCPA) and SCORE and will focus on the different legal structures for a business, finding sources of funding, setting up effective bookkeeping systems and software, and developing a business plan.

Date: Tuesday, June 8th, 2010
Time: 9:00 am - 12:30 p.m.
Hosted at:
NYSSCPA 3 Park Avenue (at 34th Street)
19th Floor, Classroom C
New York, New York 10036

Interested parties can register for the event by visiting this link.

Partner Gary Karlitz Speaking at AICPA/AAML National Conference on Divorce

On Thursday, May 6th, Partner Gary Karlitz will be speaking at the AICPA/AAML National Conference on Divorce. The topic will be "Valuing Contingent Assets." The session will provide the tools to the lawyer and CPA for measuring the intrinsic value of a potential recovery in a lawsuit, a personal injury law firm, a contract-related windfall, a business venture considerable risk or sale of business earn-out.

CPE Credits: 18 - 21
Location: Bellagio Hotel in Las Vegas, NV
Day: Thursday, May 6th
Time: 3:10 p.m. – 4:10 p.m.

To view the brochure for the conference, click here. To register, please click here.

Partner Gary Karlitz Speaking at Matrimonial & Family Law Seminar

On Friday, April 23rd, Partner Gary Karlitz will be speaking at a seminar entitled "Practicing Matrimonial & Family Law in Chaotic Economic Times-Part II," which focuses on how to make the valuation and distribution of assets more workable and reasonable—in settlements and in educating the courts—in this continuing struggling economy.

Karlitz will be speaking on the topic "What Effect Does a Changing Economy Have on Capitalization Rates, Interest Rates, and Discount Rates?" Other speakers include Henry S. Berman of Berman Bavero Frucco & Gouz pc and Martin T. Johnson of Johnson & Cohen.

MCLE Credits: 4.5
Location: Holiday Inn at Mount Kisco, NY
Day: Friday, April 23rd
Time: 8:30 a.m. – 1:00 p.m.

To read more about the event and register, please click here.

Partner Jim Lynch Speaks on "Fraud in a Commercial Business"

On Tuesday, April 20th and Wednesday, April 21st, Partner Jim Lynch spoke on the topic of "Fraud in a Commercial Business" at a seminar organized by Citibank. The event was attended by employees of companies with $20-$100 million in revenue.

April 20th location: Vanderbilt Suites at the MetLife building
April 21st location: CitiFieldTime: 8:00 a.m. – 10:00 a.m. both days.

Citrin Cooperman Launches Its First-Ever Ad Campaign in Connecticut Marketplace
"Whatever It Takes" Ads Target Connecticut Legal Market with Man's Best Friend

Citrin Cooperman & Company, LLP recently launched a print advertising campaign to promote the firm's Southport, Connecticut practice to the Connecticut legal community.

The "Whatever It Takes" campaign consists of two print advertisements, and features a fresh take on advertising with an eye-catching dog, illustrating the ability to see solutions to issues, big and small. In one advertisement promoting the firm's overall accounting, tax and advisory services, the copy above the photo reads: Studies have shown that Citrin Cooperman experts are exceptionally skilled at seeing beyond the calculator and into the future of your business.

In keeping with the dog theme, the second ad emphasizes the firm's valuation and forensic accounting experts and their ability to spot details.

The campaign, which kicked off in late March, will run twice a month in the Connecticut Law Tribune throughout the remainder of 2010.

"Having solidified our presence in White Plains, we see expanding into CT as a natural progression. We realized that there was a need for us to enter Fairfield County and support our current clients, as well as strengthen the relationship that we have with Connecticut attorneys, bankers and business community," said Joel Cooperman, the firm's managing partner. "So far, our efforts in Connecticut have been successful, primarily based on the great reputation of our Partners and Alan Schachter's strong team of forensic and valuation specialists. Since the Southport office has grown and we now offer a full set of accounting and tax services, we wanted to inform the legal community about the depth of our services."

The print ads, which were created by Citrin Cooperman's in-house marketing department, are viewable below. "We like to take a fresh approach any time we enter a new market, because no two are alike," said Jean Heaton, Citrin Cooperman's marketing manager. "This campaign reflects our entrepreneurial spirit along with our ability to show the Connecticut legal community how we can provide value."

To view a full-size PDF of this ad, click here.

Seiden Speaking at New York Restaurant Owners & Managers Roundtable

On Tuesday, May 4th, Partner David Seiden will be speaking at a restaurant industry roundtable focusing on New York State and Local Tax (SALT).

The event is sponsored by The New York Restaurant Owners & Managers Meetup Group and will focus on the unique challenges that restaurant professionals face when dealing with state and local taxes.

Date: Tuesday, May 4th, 2010
Time: 10:30 a.m. – 12:30 p.m. (Breakfast served)
Hosted at: Citrin Cooperman & Company
529 Fifth Avenue – 2nd Floor
New York, NY 10017

Interested parties can register for the event by contacting Robin Schultz at rschultz@advanceme.com. The event is limited to 15 participants, so RSVP early to secure your spot.

Citrin Cooperman Brings On Sanford Miller, CPA, as Partner in Entertainment, Media & Family Office Group

Sanford "Sandy" Miller, CPA, has joined as partner within the firm's Entertainment, Media and Family Office Group, as the firm continues to expand this practice.

Miller, 46, has served as a trusted financial advisor for more than 19 years to actors, writers, directors and producers within the film and television industries, as well as authors and artists.

Miller is the second major addition to the firm's Entertainment, Media and Family Office Group in 2010. In February, Citrin Cooperman brought on Arnold Herrmann as the group's Practice Leader.

Citrin Cooperman has a long history of working with entertainers, working with bands and actors since 1979, and has maintained a strong entertainment practice over the past 30 years.

Prior to joining Citrin Cooperman, Miller was a managing director at a financial consulting and business management firm.

"One of our goals is to expand our entertainment, media and family office practice, and bringing in Sandy as a partner is another major step in that direction," said Joel Cooperman, managing partner at Citrin Cooperman. "Sandy has a track record of providing excellent service to individuals within the entertainment industry, and will be an asset to the firm. We are very happy he decided to join.

"Miller provides individuals and their families, advice on investment advisory and business management services, tax planning and compliance, as well as estate and retirement planning.

"We work closely with the attorneys and managers of entertainers in order to provide comprehensive business management services that can include royalty monitoring, foreign tax assistance, estate planning and wealth management, to name a few."

"I'm enthusiastic about the opportunity to offer my clients the broad range of resources available through Citrin Cooperman," said Miller. "We have a great team here, both within the entertainment, media and family office group, and throughout the firm, to help our clients reach their financial goals."

Miller, a resident of Scarsdale, N.Y., graduated from The State University of New York's Binghamton University School of Management with a degree in accounting, and is a member of the American Institute of Certified Public Accountants and a member of the New York State Society of CPAs.

Citrin Cooperman Employees Donate Their Time to NY Daily News Tax Hotline

A group of Citrin Cooperman employees donated their time to the New York Daily News tax hotline. Partners Pat Daly, Allison Brack, Elliot Lavietes, and Director Mark Reddy drew on their extensive tax knowledge, answering questions from concerned taxpayers from all walks of life. Some of the most common topics were tax deductions, tax credits, social security benefits, and retiree situations.

The 2010 hotline runs from March 23rd – March 25th from 10 a.m. – 4 p.m. Anyone with a question may contact the hotline by calling (212) 210-2044 or by e-mailing tax@nydailynews.com. This annual service partners with the New York State Society of Certified Public Accountants.

Citrin Cooperman No. 32 in Accounting Today Top 100

Citrin Cooperman & Company, LLP's gross revenue grew 5.59% in 2009 and the firm was recently ranked the 32nd largest accounting firm in the United States according to Accounting Today, a leading trade magazine for the industry, in its Top 100 Firms annual report.

The firm, headquartered in New York City, increased its revenues to $85 million. Consistent growth has been a hallmark of Citrin Cooperman, which had revenues of $18M in 2000.

Citrin Cooperman was ranked as the ninth-largest firm in the New York metropolitan region, excluding the Big Four and other national firms.

"Although it was a challenging year for the entire accounting industry, we continued to grow and to expand and to enhance the depth and the breadth of the services we offer," said Joel Cooperman, managing partner of Citrin Cooperman. "We are well positioned to continue serving the needs of our clients and to grow further – organically and through acquisitions -- throughout the rest of 2010."

Citrin Cooperman brought on key partners to expand existing practices, including Alan Schachter as a partner in the Valuation & Forensic Services Group and partner-in-charge of the Southport, Conn., office; and David Bruckman, to head the firm's Wealth Management division. So far in 2010, the firm has added Arnold Herrmann and Sanford Miller, in the Entertainment, Media and Family Office Group; and David Seiden, to formalize Citrin Cooperman's State & Local Tax (SALT) practice. Cooperman is projecting that gross revenue in 2010 will be in excess of $92,000,000.

The firm also fared well with regard to national and regional "best places to work" award programs. Citrin Cooperman was once again named among the best places to work nationally among accounting firms by Accounting Today, and regionally, among all businesses by Crain's New York Business and NJBiz Magazine.

Terry Silver Earns Certified in Financial Forensics Credential from American Institute of Certified Public Accountants

Partner Terry Silver has earned the American Institute of Certified Public Accountants (AICPA) Certified in Financial Forensics (CFF) credential in recognition of his extensive financial forensic accounting expertise. The CFF designation compliments Silver's business valuation and accountant certifications.

Silver, a Citrin Cooperman partner with more than 33 years of experience as an accountant and auditor, focuses his practice on business valuation and financial forensic services, expert testimony and matrimonial actions. He also has an extensive background in business and individual tax matters. The AICPA's CFF designation is only granted to members in good standing who possess significant business experience in the area of financial forensics and have completed a minimum of 75 hours of focused continuing education. According to the AICPA, the CFF credential combines specialized financial forensic accounting expertise with the core knowledge and skills that make CPAs among the most sought-after business advisers."

Financial forensic accounting affects many aspects of our clients' businesses and lives, with applications ranging from computer forensics and economic damages to family law and business valuations," said Silver. "As an accountant and auditor devoting a significant portion of my practice to financial forensics, I am pleased that the AICPA has developed this credential and am honored to have earned this certification."

In addition to providing a variety of individuals and privately held businesses with financial forensic accounting services, Silver has a strong audit, accounting and business consulting background in diverse industries including manufacturing, construction contracting and medical practices. He was a partner in the Philadelphia firm of Yampolsky, Mandeloff, Silver & Ryan prior to its merger with Citrin Cooperman in 2007. He is a member of the AICPA, the Pennsylvania Institute of Certified Public Accountants and the National Association of Certified Valuation Analysts. Silver holds a bachelor of arts from LaSalle University.

"Terry's CFF designation is a reflection of the admirable expertise and dedication he brings to every facet of his practice," stated Philadelphia Citrin Cooperman managing partner, Mark Carrow. "His CFF credential is also indicative of the depth of resources we offer to our clients in providing a full range of accounting, tax, consulting, business valuation and financial forensic services to clients throughout the Philadelphia region."

Florio Speaking at 2010 Staffing Industry Executive Forum

On Thursday, March 18th, Citrin Cooperman partner Nick Florio will be a panel speaker at the 2010 Staffing Industry Executive Forum. The topic will be "Sale Alternatives for Owners" and will address different tactics for selling a staffing business.

Florio will draw on his expertise of working with staffing firm clients and provide advice about succession planning and the use of Employee Stock Ownership Plans (ESOPs) and other alternatives to the traditional sale. Other situations that will be addressed include: "cashing in your chips" without giving up total control of your business, finding an appropriate buyer, and the common pitfalls of selling a staffing business.

Other panelists include Jim Childs of CHILDS Advisory Partners, Dan Shea of The EXIT Navigator, and George Thacker of Corporate Solutions Group. The moderator will be Tony Gregoire of Staffing Industry Analysts.

Interested parties can register for the 2010 Staffing Industry Executive Forum by visiting this link. Details are below.

Date: Wednesday, March 17th – Friday, March 19th
Location: Red Rock Casino Resort & Spa
11011 West Charleston Boulevard
Las Vegas, NV 89135

Citrin Cooperman Announces Media Mentions for March 2010

Partner Alex Serrano was quoted in the article "Technology offers an edge to CPAs starved for time" on NJBiz.com

Citrin Cooperman was mentioned in the article "Citrin Cooperman & Company, LLP Educational Grant" on the MBHS College news website (Link)

Citrin Cooperman was listed on the Thank You page for Donors on the Gleaners Community Food Bank (Link)

Director Craig Jacobson authored the article "Factors to Consider in Performing a Valuation Analysis for a Fairness Opinion - Part I" in the publication Business Valuation Alert

Partner Matt Bonney was quoted in the article "Building the Investment Case for Green Homes" on greennurture.com (Link)

Principal Rich Zendel was profiled as a member of the National Realty Club on the New York Real Estate Journal website (Link)

Citrin Cooperman was mentioned in the article "2010 firm highlights) on WebCPA.com (Link)

Partner Terry Silver was mentioned in the article " Philadelphia CPA Terry Silver of Citrin Cooperman Earns Prestigious Industry Credential " on theprlawyer.com (Link)

Manager Michael Bull was listed as a Board of Directors member for CARIE (Center for Advocacy for the Rights and Interests of the Elderly) (Link)

Citrin Cooperman posted pictures from a St. Patrick's Day networking event in White Plains, NY (Link)

Partner Alan Schachter and Director Jim O'Sullivan authored the article ""Economic Damages Related to Star-Up Businesses" in a publication of Seedcopa (South Eastern Economic Development Company of Pennsylvania)

Partner Kevin Ryan authored the article "Budgeting for an Uncertain 2010" in a publication of Seedcopa (South Eastern Economic Development Company of Pennsylvania)

Partner Bill Briggs was quoted in the article "What should you do with your tax refund?" in The Huffington Post (Link)

Partner Vic Mizzaro was quoted in the article "A Great Recession... For Accountants!" on The Commercial Observer website (Link)

Citrin Cooperman Raises Nearly $6,000 for The John J. Piccinnini Scholarship Fund

On Friday, March 5th, employees at all five Citrin Cooperman offices participated in the monthly "Jeans with a Twist" day. This program allows employees to wear jeans during the work day if they donate $5 or more to a specially selected charity. Citrin Cooperman also matches firm-wide donations.

March's charity was the John J. Piccinnini Scholarship Fund. The fund was started in honor of the late John Piccinnini, a former Citrin Cooperman partner. From his first day at Citrin Cooperman, John made a lasting impression on everyone at the firm, as well as all his clients, which he served with passion and professionalism. John was a genuine, good person who would do anything for the people around him. He was also a devoted husband and father and his family was what he lived for.

With donations from all five offices and the Firm match combined, $5,926 was raised for this charity.

Citrin Cooperman Announces Expansion Plans for Manhattan Office

Citrin Cooperman's Manhattan office expansion was covered by The Commercial Observer. Click here to read it.

Citrin Cooperman Announces February 2010 Media Mentions

Supervisors Stephen Hellner and Michael Iannuzzi, and Partner Mike Rhodes authored the article "Royalty Audits: Dirty Word or Holy Grail of Increased Profitability" in Franchising World
Partner Terri Coffel was mentioned in the article "Getting Kinected" on Entrepreneur.com (Link)
Partner Ed Horton was quoted in the article "Business Outlook 2010" in the American Funeral Director
Partner Aaron Chaitovsky and Director Elaine Papadopoulos were mentioned in the article "100 Franchise Executives to Attain CFE Status" on thefranchisemall.com (Link)
Partner Alex Serrano was quoted in the article "When is Lunch Deductible?" on openforum.com (Link)
Partner Arnie Herrmann was mentioned in the article "Citrin Cooperman Adds Entertainment Partner" on WebCPA.com (Link)
Citrin Cooperman was mentioned in the article "Hispanic Business Council Scholarship Foundation of NJ, Inc. Announces Scholarship" on bergennow.com (Link)
Director of Marketing Anca Munteanu and Senior Marketing Manager Shannon Mayforth authored the article "Use Cross-Selling to Market in a Tough Economy" on oscpa.com (Link)
Director Bill Brenner authored the article "Top 10 Tips for Ensuring Medical Practice Success in 2010" in Physicians News (Link)
Partner Arnie Herrmann was mentioned in the article "Arnold J. Herrmann: Citrin Cooperman & Co. LLP" on northjersey.com (Link)
Citrin Cooperman was mentioned in the article "Best Places to Work in New Jersey" on njbiz.com (Link)
Partner Mark Carrow was quoted in the article "Going Green: How Law Firms Can Help the Environment" in The Legal Intelligencer
Partner Spencer Barback was quoted in the article "CPAs note shift in tax filings" in the Westchester County Business Journal (Link)
Citrin Cooperman was mentioned in the article "The Independent Brief" on The International Order of the Golden Rule (Link)

Citrin Cooperman Honored as Among Best Places to Work in New Jersey by NJBIZ for 2nd Consecutive Year

Citrin Cooperman & Company was ranked as one of the "Best Places to Work in New Jersey" by NJBiz magazine.

Citrin Cooperman was one of 30 firms honored in the Small/Medium company category (25-249 employees), and one of 55 firms honored overall.

The NJBiz survey and award program was designed to identify, recognize and honor the best places of employment in New Jersey, benefiting the state's economy, its workforce and businesses. In gaining the honor, Citrin Cooperman's workplace policies, practices, philosophy, systems and demographics were evaluated and its employees were surveyed to measure the employee experience.

Citrin Cooperman will be recognized and honored at the Best Places to Work in New Jersey awards dinner on Thursday, April 22, 2010 at the Hilton East Brunswick. The final rankings will be revealed at the ceremony.

Among the many benefits at Citrin Cooperman are a four-week paid sabbatical after six years employment, and a $500 bonus for those with higher than average chargeable hours. New hires are provided mentors to acclimate to the position and to help them advance in the firm. Citrin reported that 15 percent of its employees firmwide were promoted in 2009.

The firm offers Citrin Cooperman University, a highly acclaimed continuing education program for young accountants; and an International Work Exchange Program, offering professionals the opportunity to work at an accounting firm overseas, in addition to its other benefits.

"The NJBiz honor reinforces that the programs we've implemented are viewed by our staff as a success and compare favorably to what other firms are offering in the marketplace," said Ed Horton, co-partner in charge of the firm's New Jersey office with Alex Serrano. "We recognize that our employees and professionals work extremely hard on behalf of the clients they serve. We're pleased to create a work environment in which they can grow and continue to be a valued part of the Citrin Cooperman family."

Citrin Cooperman has grown from an $18 million firm in 2000 to a more than an $82 million operation in 2009 as it has been able to recruit and retain top talent in the accounting industry. The firm was also recently ranked among the best places to work by Crain's New York Business magazine and Accounting Today, a leading industry magazine.

Chaitovsky and Papadopoulos Earn Coveted "Certified Franchise Executive" Designation

Partner Aaron Chaitovsky and director Elaine Papadopoulos earned the Certified Franchise Executive (CFE) designation, placing them among an elite group of franchise professionals.

Chaitovsky, CPA, and Papadopoulos, CPA, are among approximately 800 franchise executives worldwide who have received the CFE designation, which is earned by completing a prescribed course of study specific to franchising. The program is administered by the Institute of Certified Franchise Executives, the academic affiliate of the International Franchising Association's Educational Foundation. The CFE program's mission is to enhance the professionalism of franchising by certifying the highest standards of quality training and education. It is designed to help franchise executives grow professionally and reach a recognized standard of excellence.

"The CFE program is yet another example of our commitment to offer the highest level of quality service to companies involved in the franchising industry" said Chaitovsky, who chairs the franchise accounting and consulting services division at Citrin Cooperman. "Our real-world experience, combined with the rigorous coursework completed as part of the CFE program, gives our clients confidence in our ability to help them address their challenges."

Chaitovsky is an active member of the International Franchise Association, and is a frequent speaker and lecturer on various franchise-related topics. Papadopoulos co-chairs the Women's Franchise Committee's Franchise Network for the New York and New Jersey Chapters of the International Franchise Association.

Citrin Cooperman's franchise accounting and consulting division serves as a trusted advisor to both active and potential franchisors and multi-unit franchisees. The division's work with franchisors includes preparation of audited financial statements, international tax structuring, expansion consulting, due diligence and acquisitions services, structuring of royalty audit programs, and succession planning. Citrin Cooperman also helps prospective franchisees analyze franchise opportunities and understand franchise disclosure circulars.

Elaine Papadopoulos receives her CFE designation

Iannuzzi Serves on Franchise Discussion Panel

On Wednesday, February 17, Citrin Cooperman supervisor Michael Iannuzzi served as a panel member for a discussion entitled "Franchising 101: How to Buy Your First Franchise or Grow the One You Have." The event was sponsored by the Manhattan Chamber of Commerce. Nearly 60 franchise professionals attended the event, which took place in lower Manhattan.

The panel discussed the various challenges that franchise professionals face when attempting to expand their business while monitoring important factors like finances, legal documents, staffing concerns, and real estate. Iannuzzi drew upon his extensive experience working with franchisor clients to provide advice about remaining financially stable and profitable throughout periods of franchise growth. Other discussion topics included: domestic and international franchise opportunities, choosing the right franchise, financing requirements of buying a franchise, and free resources to help with the launch and growth of a franchise.

To read more about Citrin Cooperman's franchise services, click here.

Citrin Cooperman Raises Over $1,700 for The American Heart Organization: Jump Rope for Heart

On Friday, February 12th, employees at all five Citrin Cooperman offices participated in the monthly "Jeans with a Twist" day. This program allows employees to wear jeans during the work day if they donate $5 or more to a specially selected charity. Citrin Cooperman also matches firm-wide donations.

February's charity was The American Heart Organization- Jump Rope for Heart. February is Heart Awareness Month. Reilly Koch, daughter of NYC Audit Director Denise Koch, jumped rope to raise money for the American Heart Organization. Reilly jumped for her sister, Delaney, who was born with aortic aneurysm, a heart condition.

For more information, please visit www.americanheart.org/jump.
With donations from all five offices and the Firm match combined, $1,742 was raised for this charity.

Citrin Cooperman Announces January 2010 Media Mentions

Partner Chris Hegarty was mentioned in the article "Promotions" in the Pennsylvania CPA Journal
Partner Will Fernandez was quoted in the article "Dealer sues Nissan for alleged fraud" on FinancialTimes.com
Partner Will Fernandez was mentioned in the article "Morris People in Business" on dailyrecord.com (Link)
Firm Managing Partner Joel Cooperman was quoted in the article "Put Q&A before M&A" on WebCPA.com (Link)
Partner Will Fernandez was mentioned in the article "Wilfredo Fernandez: St. Joseph's Healthcare System" (Link)
Citrin Cooperman was mentioned in the article "Page 7 New York Report" in the New York Enterprise Report
Partner Mark Fagan was quoted in the article "The case for staying put" on westfaironline.com (Link)
Partner David Bruckman authored the article "Credit Shelter Trusts and Life Insurance" in the Westchester Bar Journal (Link)

Citrin Cooperman Raises Over $1,300 for The Sylvia Center

On Friday, January 29th, employees at all five Citrin Cooperman offices participated in the monthly "Jeans with a Twist" day. This program allows employees to wear jeans during the work day if they donate $5 or more to a specially selected charity. Citrin Cooperman also matches firm-wide donations.

January's charity was The Sylvia Center. The Sylvia Center is a non-for profit organization that provides a series of cooking sessions to underprivileged NYC children. The cooking session are designed to be interactive and helpful in educating children on the benefits of healthy cooking and eating as well creating a proper balance of food groups. For additional information, please visit www.sylviacenter.org.

With donations from all five offices and the Firm match combined, $1,394 was raised for this charity.

Citrin Cooperman Brings On Arnold J. Herrmann, CPA, as Partner, Practice Leader in Entertainment, Media & Family Office Group

Arnold J. Herrmann, CPA, has joined as partner and practice leader of the firm's Entertainment, Media and Family Office Group.

Herrmann, 47, has more than 22 years experience serving as a trusted financial advisor to high-profile individuals working in the film, media and the restaurant industries. Among his clients are well-known film directors, actors, producers, television journalists, restaurateurs and corporate executives.

Prior to joining Citrin Cooperman, Herrmann was a senior managing director at a financial consulting and business management firm.

"With the addition of Arnie, Citrin Cooperman has expanded the depth and breadth of the services we offer in our entertainment practice, bringing it to a higher level," said Joel Cooperman, managing partner at Citrin Cooperman. "Arnie is well-known in the entertainment business community, and furthers our firm's ability to expand and provide a complete range of asset management services to those in that industry."

As practice leader of the Entertainment, Media and Family Office Group, Herrmann will oversee a team of professionals, providing individuals and their families, advice on investment advisory and business management services, tax planning and compliance, as well as estate and retirement planning.

"Individuals in the entertainment and media industries, as well as other high net-worth clients often are involved in a range of activities involving their assets, with the need for professional management," said Herrmann. "Our job is to protect those assets and to maximize opportunities for our clients to grow their wealth."

Herrmann, a resident of Tenafly, N.J., graduated from The State University of New York with a degree in accounting, and is a member of the American Institute of Certified Public Accountants and a member of the New York State Society of CPAs. He is a trustee and the treasurer of Jenna's Rainbow Foundation, which is dedicated to assisting children and families battling brain and spinal cord tumors.

Citrin Cooperman Raises over $16,000 for Haiti Relief

On Friday, January 15th, employees at all five Citrin Cooperman offices participated in a special "Jeans with a Twist" day. This program allows employees to wear jeans during the work day if they donate $5 or more to a specially selected charity. Citrin Cooperman also matches firm-wide donations.

January's special charity was St. Paul's Benevolent Education & Missionary Institute. A member of the organization, Father Rick Frechette, has been on a mission for many years in Haiti in which he is trying to build a hospital and maintain an orphanage there.

With donations from all five offices and the Firm double match combined, $16,840 was raised for this charity to help the people of Haiti.

Partner Wilfredo Fernandez Named Vice Chair of Board of Trustees at St. Joseph's Healthcare System

Partner Wilfredo Fernandez, CPA, has been selected as vice chair of the board of trustees for St. Joseph's Healthcare System.

Fernandez, of East Hanover, has been a member of the St. Joseph's board of trustees since 2004, and has served on the finance committee, the executive committee, and as chair of the audit and compliance committee. He will still serve on the audit and finance committees. Fernandez served on the board of trustees of Wayne General from 1999-2002, and was chair of the board of trustees at St. Joseph's Wayne Hospital in 2002-03.

"I'm honored to be appointed as vice chair at St. Joseph's, especially as the organization embarks on an aggressive expansion effort," said Fernandez. "I look forward to working with board chair Sister Rosemary Smith, S.C., and the rest of the board guiding the great work being performed by the executives, doctors and staff."

As a CPA, Fernandez has been able to provide the board accounting expertise and guidance on internal and external auditing issues, the review of financial statements and the organization's pension plan.

Fernandez, who joined Citrin Cooperman as a partner in 2003, provides accounting, tax and business consulting services to closely held private companies and individuals. His broad background includes providing strategic advice to automobile and truck dealerships, the food industry, wholesalers and manufacturers, real estate developers and medical practices.

To read more about Partner Wilfredo Fernandez, click here.

Citrin Cooperman Honored as Among Best Places to Work by Accounting Today Magazine for 2nd Consecutive Year

Citrin Cooperman & Company, LLP was ranked as one of the best places to work in within the accounting industry by Accounting Today magazine, the firm announced today.

Accounting Today ranked Citrin Cooperman No. 3 nationwide among large firms – those with more than 300 employees -- in its annual "Best Accounting Firms To Work For" survey.

In 2009, not one employee left Citrin Cooperman for another job, even though the labor market for accountants was relatively healthy.

Among the many benefits at Citrin Cooperman are a four-week paid sabbatical after six years employment and a $500 bonus for those with higher-than-average chargeable hours. New hires are provided mentors to acclimate to the position and to help them advance in the firm. Citrin reported that 15 percent of its employees were promoted in 2009.

The firm also offers Citrin Cooperman University, a highly acclaimed continuing education program for young accountants; and an International Work Exchange Program, offering professionals the opportunity to work at an accounting firm overseas, in addition to its other benefits.

Accounting Today evaluated accounting firms from across the country on workplace policies, practices, philosophy, systems and demographics. Judges also considered the results of an employee survey measuring the employee experience. The award program was designed to honor the best places of employment in the accounting industry.

"The honor given to us by Accounting Today reinforces for us that the programs we've implemented are a success," said Joel Cooperman, the firm's managing partner. "Our employees and professionals work extremely hard on behalf of the clients they serve. We're pleased to create a work environment in which they can grow and continue to be a valued part of the Citrin Cooperman family."

Citrin Cooperman Announces December 2009 Media Mentions

Citrin Cooperman was mentioned in the article "How Minority-Owned Businesses Can Catch a Break" in Business Week (Link)
Citrin Cooperman was mentioned in the article "Best Places to Work" in Crain's New York (Link)
Citrin Cooperman was mentioned in the article "The 2009 Best Accounting Firms to Work For" on WebCPA.com (Link)
Partner Ed Horton was quoted in the article "NY funeral homes' less grave image" in Crain's New York (Link)
Partner Lori Drucker was quoted in the article "CPAs get credit flowing to cash-starved SMBs" on WebCPA.com (Link)
Partner Aaron Chaitovsky was mentioned in the article "Six Qualities of a Great Banker" (Link)
Partner Spencer Barback was mentioned in the article "Food Bank for Westchester's An Evening in Good Taste Raises the Bar on Fighting Hunger" in Hospital Newspaper (Link)
Carrow Doyle Partners were mentioned in the article "M&A Watch" on WebCPA.com (Link)

Citrin Cooperman Brings On David Seiden, CPA, as Partner; Formalizes State & Local Tax Practice

NEW YORK, Dec 17, 2009 -- Citrin Cooperman & Company, LLP, a leading accounting and business consulting firm, announced that David Seiden, CPA, has joined as a tax partner in its White Plains, N.Y., office. The firm also announced the establishment of a State and Local Tax (SALT) consulting practice, known as SALT Link, under the direction of Seiden. SALT Link will provide state and local tax services to firm clients as well as other CPA firms that do not have such in-house experts to assist their clients.

Prior to joining Citrin Cooperman, Seiden founded SALT Link to help individuals and businesses solve their state and local tax issues. Seiden has more than 25 years of tax experience which includes working at a big-four accounting firm and a large regional CPA firm, where he served as a SALT Partner.

"With the addition of David and the creation of SALT Link, Citrin Cooperman is responding to our clients' growing needs, as well as the needs of our fellow CPA firm counterparts," said Joel Cooperman, managing partner at Citrin Cooperman. "As our clients expand into new geographic markets, and internet sales become more prevalent, Citrin Cooperman can offer services and expertise to tackle these complex tax challenges."

Citrin Cooperman's new SALT Link division helps businesses navigate the complex world of state and local taxes. The new practice will focus on multi-state; income and franchise taxes; sales and use taxes; unclaimed property; and residency audits.

"Our dedicated SALT practice differentiates us from many other accounting firms and provides a level of service which offers our client's, and other CPA firms, a competitive advantage within their marketplaces," said Cooperman.

"We take a proactive approach in working with our clients to help them navigate through the complexities of state and local taxes," said Seiden. "We work hand-in-hand with our clients to assist them in realizing the many credits and incentives available to taxpayers."

Seiden, a resident of Rye Brook, graduated in from American University with a degree in accounting, and is a member of the American Institute of Certified Public Accountants and a member of the New York State Society of CPAs.

Citrin Cooperman Announces November 2009 Media Mentions

Partner Ed Horton was quoted in the article "Survey Shows Funeral Home Owners Still Making Some Wrong Moves" in the Funeral Service Insider
Partner Will Fernandez was quoted in the article "The Daks Takeaway: Stop overlooking easy ways to save your company some money" in NJBIZ
The Philadelphia office was mentioned in the article "Accounting firm Carrow Doyle combines with Citrin Cooperman" in the Philadelphia Business Journal (Link)
The Philadelphia office was mentioned in the article "Berwyn accounting firm joins New York company" on DailyLocalNews.com (Link)
Firm Managing Partner Joel Cooperman was quoted in the article "CPA firm Citrin Cooperman grows by one buy at a time"

Citrin Cooperman Donates $1,500 of Food Staples to the City Harvest Food Drive

In the spirit of the Thanksgiving, Citrin Cooperman donated $1,500 to the City Harvest Food Drive - Rescuing Food for the New York's Hungry. Additional food donations were also made in the NYC office building lobby and other drop off centers in New York, Connecticut, New Jersey, and Pennsylvania.

For more information, please visit www.cityharvest.org.

Citrin Cooperman & Company Continues Expansion in Philadelphia Market

Citrin Cooperman & Company, LLP, a leading regional accounting and business consulting firm, announced today that Carrow, Doyle & Associates, LLP, has joined the firm's Philadelphia office, effective Nov. 1, continuing Citrin Cooperman's expansion and growth in the Philadelphia market and their unending commitment to providing the best services to its clients.

Combined with internal growth, the addition of Carrow Doyle expands the firm to a staff of 350, including 84 partners, and $87 million in estimated annual revenue. The firm's Philadelphia office now includes 10 partners and over 30 professionals.

This is the third firm in the Philadelphia area to join Citrin Cooperman, and coupled with internal growth put the office in excess of $10 million in annual revenues. Citrin Cooperman also has offices in New York, NY; White Plains, NY; Springfield, NJ; and Southport, CT.

"We are very excited to have the partners and staff of Carrow Doyle join our firm. This increases our depth and breadth of services offered through our Philadelphia office," said Joel Cooperman, the firm's managing partner and a native of Philadelphia. "Carrow Doyle's audit and accounting expertise in the financial services, real estate and commercial businesses as well its strong tax practice with high net worth individuals will be a good complement to the specialties and services already offered in Philadelphia."

Joining Citrin Cooperman as partners are Mark S. Carrow, managing partner at Carrow Doyle, who will become Citrin Cooperman Philadelphia's office managing partner; William C. Briggs, who will be in charge of the tax practice in that office; and James A.J. Revels, a partner specializing in high net worth individuals and family offices. Additionally, 10 professionals and support staff from Carrow Doyle will be joining the Philadelphia office.

Carrow Doyle has annual revenues in excess of $3 million due to a strong tax and accounting practice. Among the industries it serves are broker/dealers, private equity and hedge funds, real estate development companies, entrepreneurs, middle market businesses, and the bioscience industry in Pennsylvania, New Jersey, Delaware and Maryland.

Terms of the business combination were not disclosed. Christie Hoyt and Neal Friedant of Partners for Corporate Recruiting were instrumental in working with Citrin Cooperman on the transaction.

In the latest rankings from accounting trade magazines Accounting Today and Inside Public Accounting, Citrin Cooperman is among the top 35 accounting firms in the United States and was designated a Best Accounting Firm to Work for in 2008 by Accounting Today.

"Philadelphia is an important market to the overall growth of Citrin Cooperman and we will continue to expand the resources we offer to clients in the greater Philadelphia region," said Cooperman. "We are as much a Philadelphia firm as we are a New York one and this expansion reaffirms our commitment to this market," he continued.

"We were attracted to Citrin Cooperman's client service approach as well as its commitment to grow in the Philadelphia market through the use of 'home-grown' talent," said Carrow. "Citrin Cooperman provides us and our clients the structure and resources to better compete in this challenging economy."

Christopher B. Hegarty Joins Citrin Cooperman

Citrin Cooperman & Company, LLP announced that Christopher B. Hegarty, CPA, has joined accounting and business consulting firm Citrin Cooperman & Company, LLP, as a partner in its Philadelphia office.

"The addition of Chris reinforces the firm's commitment to the Philadelphia market and our clients through the addition of local talent," said Citrin Cooperman managing partner Joel Cooperman. "As we expand our client base in the Philadelphia area, Chris will be an integral part of the Citrin Cooperman team helping clients navigate a challenging economic environment."

Hegarty, who has more than 23 years of experience providing audit and accounting services to both public and private companies, has also provided CFO services to emerging growth companies on an outsourced basis in Philadelphia and the surrounding area. Specifically, Hegarty has worked with clients in several industries including manufacturing, retail and distribution, professional services firms, and the financial services sector.

Previously, Hegarty was partner-in-charge of the accounting and audit practice at Smart and Associates, LLP, providing audit and consulting services to large private institutions. He also worked on the corporate side as Assistant Vice President-Corporate Controller for The Pep Boys-Manny, Moe and Jack (headquartered in Philadelphia). As corporate controller of the publicly-traded retail store chain, Hegarty was responsible for managing the accounting department, including general accounting, retail accounting, inventory, accounts payable, and internal and external financial reporting.

Hegarty, 45, has a great deal of experience helping businesses, both large and small, establish accounting policies and procedures and in assisting organizations transform their accounting functions, particularly through periods of high growth and high stress.

Chris earned his Bachelor of Arts degree in Accounting from The Catholic University of America in Washington, DC. He is a member of both the American and Pennsylvania Institutes of Certified Public Accountants and serves as a member of the PICPA Executive Committee. He is active in his church and his children's activities. He resides in Bryn Mawr with his family.

Citrin Cooperman Raises Over $1,200 for PENCIL

On Friday, November 6th, employees at all five Citrin Cooperman offices participated in a special "Jeans with a Twist" day to honor the New York Yankees' World Series victory. This program allows employees to wear jeans during the work day if they donate $5 or more to a specially selected charity. Citrin Cooperman also matches firm-wide donations.

November's special charity was PENCIL. Since its founding in 1995, PENCIL has successfully mobilized thousands of business leaders to strengthen New York City's public schools; Public education in New York City faces a historic moment of opportunity. PENCIL builds and supports customized relationships between business leaders and principals to inspire innovation and transform NYC public schools. By bringing together the best ideas, resources and talent across sectors, we develop strong leaders, build school capacity, enhance student learning, and inspire greater community and corporate support, to create real change in our City's schools.

For more information, please visit http://www.pencil.com
With donations from all five offices and the Firm match combined, $1,200 was raised for this charity.

Citrin Cooperman Hosting Women's Franchise Network Panel Discussion on Social Media

On Thursday, November 5th, Citrin Cooperman and the Women's Franchise Network of Greater New York will be hosting a panel discussion on social media. Please see invitation below for details.

To RSVP for this event, please contact Andria Hoffman at ahoffman@citrincooperman.com or call (212) 697-1000 x257. This event is completely free of charge, and both male and female guests are welcome to attend.

Citrin Cooperman Announces October 2009 Media Mentions

Senior Marketing Manager & Marketing Manager Jean Heaton were quoted in the article "Best Practices for CRM Strategy and Implementation" in Marketrends, an Association for Accounting Marketing publication
Partner Alan Badey authored the article "Planning for an Uncertain 2010" in The New York Enterprise Report (Link)
Director Elaine Papadopoulos was quoted in the article "The facts and figures behind becoming a public accountant" in Metro International (Link)
Partner Alan Schachter was mentioned in the article "Commercial Law League's New Complex Litigation Committee to Hold First Program" in Inside ARM
Partner Alan Badey authored the article "The Alternative Billing Debate Continues" in the New York Law Journal
Partner Ed Horton was quoted in the article "N.J. funeral homes raised prices by 12 percent this year, study finds" on NJ.com (Link)
Partner Alex Serrano was quoted in the article "Wine & dine with tax in mind" in NJBIZ
Partner Alan Badey was quoted in the article "GC New York Guide: Global Business" in the New York Law Journal
Partner Manny Diakogeorgios was quoted in the article "CPAs' Top Year-End Tax Tips for Trying Times" on cpabiz.com
Partner Ed Horton was quoted in the article "Service focus could put life into mortuary industry" in NJBIZ

Citrin Cooperman Raises Over $1,300 for the Susan G. Komen for the Cure Foundation

On Friday, October 30th, employees at all five Citrin Cooperman offices participated in the monthly "Jeans with a Twist" day. This program allows employees to wear jeans during the work day if they donate $5 or more to a specially selected charity. Citrin Cooperman also matches firm-wide donations.

October's charity was the Susan G. Komen For the Cure Foundation. Susan G. Komen fought breast cancer with her heart, body, and soul. Throughout her diagnosis, treatments and endless days in the hospital, she spent her time thinking of ways to make life better for other women battling breast cancer instead of worrying about own situation. That concern for others continued even when Susan neared the end of her fight. Moved by Susan's compassion for others and committed to making a difference, Nancy G. Brinker promised her sister that she would do everything in her power to end breast cancer.

With donations from all five offices and the Firm match combined, $1,360 was raised for this charity.

Basic Funeral Home Services Increased More Than 12 Percent, According to Citrin Cooperman Survey

The average price for basic funeral home services increased more than 12 percent over last year, according to a survey of funeral home executives in the Northeast by accounting and business consulting firm Citrin Cooperman & Company, LLP, as funeral homes sought to maintain revenue and profit levels in what remains a relatively flat market.

"We believe the increases in pricing reflects a pricing correction as funeral home executives come to grips with the service costs associated with low-margin services such as direct cremations and immediate burials," said Ed Horton, partner-in-charge of the Funeral Industry Services practice at Citrin Cooperman. "In the past, the industry has been slow to raise prices, instead attempting to control or cut overhead costs. You can only cut overhead costs so much before risking a diminished quality of service. Funeral homes are still sensitive to cost issues, but there's a better understanding that previous pricing structures had eroded profits to the point that threatened many funeral homes' ability to stay in business."

Citrin Cooperman annually surveys funeral home owners and directors primarily in the Northeast, and this year polled more than 230 respondents primarily from New York, New Jersey, Pennsylvania and Connecticut.

The average charge for direct cremations has risen 17 percent since last year, according to the survey. Funeral home executives also raised prices of immediate burials, another traditionally low-margin service, by 16 percent.

"Previously, direct cremations and immediate burials yielded minimum profits, as these services were basically offered at cost," said Horton. "Now we see funeral home executives adjusting their pricing for these services so that they are better compensated for the time and effort required to perform even these ‘no frills' services.

"We believe that these trends represent a long overdue shift in pricing strategy. Many funeral directors are no longer relying on casket sales to generate revenues and profits. As customs change and with cremations on the rise, caskets are increasingly viewed by families as a commodity. With casket revenues on the decline, smart funeral directors are shifting their attention to how they price their services, which is what is truly unique and special about the funeral industry. This shift comes at a time when such services have become more demanding as families are seeking increased personalization of funeral ceremonies."

Another sign of smarter business practices is a decrease in the number of funeral homes that allow customers to lock in pricing on a pre-need basis, despite the fact that the prospect decedent may be alive for many more years. In 2009, 67 percent of funeral homes always or sometimes locked in pricing, as opposed to 75 percent in 2008. Because costs are bound to increase between the initial transaction and the time of the burial, funeral home executives have created a potentially money-losing situation.

"We understand that many funeral directors feel that locking in prices ensures future revenues, but many homes may be mortgaging their future on today's pre-need sales," said Horton.

The survey also noted a continuing trend toward homes adding more offerings and options, and becoming more flexible. Adjustments in services and their pricing are also critical as some funeral directors try to recoup profits from services that are being lost in declining sales of caskets.
Among the survey's other key findings:

Cremation and other alternative means of body disposal (such as "green burial") are the bane of the largest number of survey respondents, 42 percent, although this number is down from 48 percent in 2008.
When asked the "biggest issue" facing the profession, funeral home execs still ranked cremations as No. 1 (at 29 percent), but closing the gap is profitability concerns, which more than doubled, from 12 percent in 2008 to 25 percent in 2009.
The number of owners who live at their funeral homes continued to decrease, from 37 in 2008 to 35 percent this year.
Personalization of services remains important, as in past years, although issues such as technology (26 percent vs. 12 last year) and a focus on business (15 percent this year vs. 5 percent last year) are becoming bigger priorities.
Less than 60 percent of funeral home executives surveyed say that know the present value of their business, and only half of those have an exit strategy or a formal plan to transfer ownership.
Familiarity with "green" cemeteries continues to increase as 94 percent of funeral directors have at least some familiarity with them, as opposed to 63 percent just two years ago.
There continues to be a decrease in the number survey participants who own just one home and an increase in the number who own two or more.

"Many of the challenges facing the funeral home industry remain the same as in recent past, but now the economy has been thrown into the mix," said Horton. "After years of cost cutting, and flat death rates not predicted to rise until 2020, profits are still being squeezed. The good news is that industry executives are broadening services and increasing prices to better meet these challenges."

For a full copy of the 73-page survey report or to interview Ed Horton or one of the funeral directors who participated in the survey, please contact Anca Munteanu at 212-697-1000, or amunteanu@citrincooperman.com.

Citrin Cooperman Announces September 2009 Media Mentions

Partner Alan Badey was mentioned in the article "Small Business Boot Camp Announced" on Westchester.com (Link)
Partner Will Fernandez was quoted in the article "Small clients (ac)count on cpas as counselors" in Crain's NY Business website

Brack to Speak on Tax Incentives & Year-End Tax Planning at Breakfast Dialogue for Women Business Leaders

On Wednesday, September 30th, Citrin Cooperman partner Allison Brack will be the featured speaker at a Breakfast Dialogue with Women Business Leaders. The topic will be "Is your business benefitting from all the available tax incentives? Take the mystery out of year-end tax planning."

The seminar is sponsored by Citibank Commercial Banking, and begins at 8:30 a.m. at 153 East 53rd Street, 4th Floor, New York, NY 10022.

To RSVP for the event, please contact Ruth Scheidt at ruth.scheidt@citi.com no later than September 25th. Seating is limited.

Citrin Cooperman Raises Over $1,500 for the World Childhood Foundation

On Friday, September 25th, employees at all five Citrin Cooperman offices participated in the monthly "Jeans with a Twist" day. This program allows employees to wear jeans during the work day if they donate $5 or more to a specially selected charity. Citrin Cooperman also matches firm-wide donations.

September's charity was The World Childhood Foundation. World Childhood Foundation's work is aimed at the most marginalized children, the ones most often ignored and forgotten. Childhood focuses especially on girls and the main target groups are street children, children living in institutions, young mothers and sexually abused children. Childhood was founded in 1999 by Her Majesty Queen Silvia of Sweden.

For more information, please visit www.childhood-usa.org
With donations from all five offices and the Firm match combined, $1,582 was raised for this charity.

Badey to Speak at "Small Business Boot Camp" in White Plains

On Thursday, September 23rd, Citrin Cooperman partner Alan Badey will be a featured speaker at a "Small Business Boot Camp." The program will include a unique panel of experts, an opportunity to network, and access to valuable marketing and small business materials. The workshop will cover tips and advice for keeping any small business vibrant through the rest of 2009 and into 2010.

The event will take place at Morton's the Steakhouse at 9 Maple Avenue, White Plains, NY 10605 and runs from 6:00 p.m. – 8:00 p.m. Morton's food and beverages will be available, along with free giveaways and door prizes.

To register for the Small Business Boot Camp workshop, visit http://www.gmgpr.com/ and click on Seminars. Registration is $35.00 with discounts for signing up more than one attendee. Seating is strictly limited and advance reservations are required. Bring questions, plenty of business cards, and an appetite.

Citrin Cooperman Wealth Management Site Launches

Citrin Cooperman Wealth Management, LP has launched a new website containing information about its services, including personal financial planning, investment and asset management, wealth preservation, 401(k) plans, and more.

The Wealth Management Team is led by David Bruckman, JD, MS Tax. The group of in-house experts includes CPAs and CFPs who take pride in becoming their clients' "Family Financial Confidant™".

To visit the new website, please visit this link: http://www.ccwmlp.com

Citrin Cooperman Raises $1,300 for Meals On Wheels Association of America

On Friday, August 21st, employees at all five Citrin Cooperman offices participated in the monthly "Jeans with a Twist" day. This program allows employees to wear jeans during the work day if they donate $5 or more to a specially selected charity. Citrin Cooperman also matches firm-wide donations.

August's charity was Meals on Wheels. The Meals On Wheels Association of America (MOWAA) is the oldest and largest organization in the United States representing those who provide meal services to people in need. MOWAA works toward the social, physical, nutritional, and economic betterment of vulnerable Americans. The Meals On Wheels Association of America provides the tools and information its programs need to make a difference in the lives of others.

For more information, please visit www.mowaa.org.
With donations from all five offices and the Firm match combined, $1,300 was raised for this charity.

Citrin Cooperman Ranked No. 33 in Inside Public Accounting Top 100

Citrin Cooperman & Company, LLP, was recently ranked the 33rd largest accounting firm in the United States based on net revenue, up one place from 2008 according to Inside Public Accounting, a leading trade newsletter for the industry, in its Top 100 Firms annual report.

The firm, based in New York City, has consistently been one of the fastest-growing accounting and business consulting firms in the Mid-Atlantic. Citrin Cooperman has grown from three offices (New York City, Springfield, N.J., and White Plains, N.Y.) to five over the last 18 months, with offices in Philadelphia and Southport, Conn.

Citrin Cooperman was also chosen as an Inside Public Accounting (IPA) All Star firm, selected because of its performance in specific areas of practice management, as compared with the hundreds of other firms participating in the IPA Annual Survey and Analysis of Firms.

The firm, in this latest ranking, increased its revenues to $82 million, an increase of 9 percent. Combined with a 12.5 percent revenue jump in 2007, the firm has grown more than 21 percent over the last two years. Consistent growth has been a hallmark of Citrin Cooperman, which had revenues of $18M in 2000.

"Our strategy of providing our clients with great service, combined with strategic acquisitions, continues to fuel growth at Citrin Cooperman," said Joel Cooperman, the firm's co-founder and managing partner.

The firm now employs 80 partners and more than 300 professionals.

Citrin Cooperman has been very active in bringing in outside firms over the past decade. In 2008 the firm brought in Massella & Associates, CPA, PLLC, and the SEC Solutions Group, LLC, which was based in Syosset, N.Y., and Matarazzo, Goldis & Co., LLP, based outside of Philadelphia, and their partners and staff. It is expected to add several firms before the end of 2009.

"Despite the economy, we've been able to grow and to use our resources to continue to add quality staff, positioning us for continued growth," said Joel Cooperman. "Businesses today face more challenges than ever before, and we have the resources and experience in place to help them successfully navigate through these tough times."

Citrin Cooperman New Jersey Office Honored in New Jersey Monthly Magazine

In the September 2009 issue of New Jersey Monthly magazine, Citrin Cooperman was included as an honorable mention in the "Great Places to Work" section. The firm was also featured in the "Bright Idea" section for the "Jeans with a Twist" program, which allows employees to wear jeans to work on occasional Fridays in exchange for donating to a selected charity.

Citrin Cooperman Announces August 2009 Media Mentions

Partner Terri Coffel authored the article "How to Mitigate the Risk of the Next Downturn" in The New York Enterprise Report magazine (Link)
Marketing Manager Jean Frohman was quoted in the article "The 9 CRM Features That All Businesses Need" on Focus.com (Link)
Partner Ed Roberts was quoted in the article "Budgeting for next year" in The Westchester County Business Journal newspaper (Link)

Schachter and Jacobson to Speak on M&A and Valuations in the Financial Sector

On Thursday, September 17th, Citrin Cooperman partner Alan Schachter and director Craig Jacobson will be giving a tele-seminar entitled "M&A and Valuation in the Financial Services Space in the Current Market Environment."

The seminar is recommended for appraisers and M&A analysts. It will focus on the recent decline and subsequent volatility of equity markets, and the challenges of assessing the value of financial service firms fighting to survive in today's economy.

The event will run from 1:00 p.m. - 2:40 p.m. EST and will enable participants to earn 2 CPE credits. To register for the seminar, please click here.

Citrin Cooperman Ranked Third-largest Accounting Firm in Westchester County

Citrin Cooperman & Company, LLP was recently ranked as the third-largest accounting firm in Westchester County, based on the number of CPAs, according to the Westchester County Business Journal.

The White Plains office, which was opened in 2001, has grown substantially since then, and now boasts 40 CPAs, including 11 partners. Alan Badey and Mark Fagan are co-managing directors of the Westchester office.

"As a major suburb for New York City and an established business hub, Westchester County is home to many vibrant and successful businesses," said Badey. "We believe we have among the finest staff of accountants, tax professionals and business consultants to meet the needs of these businesses."

The White Plains office serves businesses in a wide range of industries, and has concentrations in working with law firms, medical practices, real estate firms and the financial services industry, among others.

Additionally, many of the firm's White Plains-based professionals are integrally involved in civic, business and accounting industry organizations in Westchester County. Several hold leadership positions in the Westchester County chapter of the New York State Society of CPAs and the society's Young CPAs of Westchester group.

Citrin Cooperman partners and professionals are also involved in the Partnership for a Better Westchester, The Food Bank for Westchester, the Business Council of Westchester, the United Way of Westchester/Putnam, the Westchester County Chamber of Commerce, and the Westchester Economic Development Council.

Citrin Cooperman recently expanded in a neighboring county when it opened an office in Southport, in Fairfield County, earlier this year. The Southport office, led by partner Alan Schachter, was recently ranked the 13th largest accounting firm in Fairfield County.

Citrin Cooperman Announces July 2009 Media Mentions

Partners Rick Hayden & Spencer Barback authored the article "Estate Planning: Attorneys and CPAs – Perfect Together" in the Accounting and Financial Planning for Law Firms magazine
Partner Alan Badey authored the Article "Uncover What Your Numbers Say About Your Business" in the New York Enterprise Report (Link)
Partner Alan Badey was quoted in the article "Acquiring business loans means getting back to the basics" in the Hudson Valley Business Journal newspaper (Link)
Partner Terri Coffel was quoted in the article "Many service businesses do relatively well in a recession" on the Los Angeles Times website (Link)
Marketing Manager Jean Frohman authored the article "Tips on Implementing CRM Software at Your Firm" on WebCPA.com (Link)

Complimentary Business Magazine Subscription for Citrin Cooperman Clients & Friends

Citrin Cooperman clients and friends can receive a complimentary subscription to The New York Enterprise Report.

NY Report features "how-to" articles written by experts for small and mid-size businesses in the New York area, and is a must read for those wanting to grow their companies. To get your free subscription, visit www.nyreport.com/citrincooperman - a page exclusively for Citrin Cooperman clients and friends.

Citrin Cooperman Raises $1,260 for Operation Backpack

On Friday, July 31st, employees at all five Citrin Cooperman offices participated in the monthly "Jeans with a Twist" day. This program allows employees to wear jeans during the work day if they donate $5 or more to the day's charity. Citrin Cooperman also matches firm-wide donations.

July's charity was Operation Backpack, sponsored by the Volunteers of America for the 8th year. The city-wide campaign provides backpacks filled with school supplies to children in homeless shelters. Nearly 11,000 school-age children live with their families in New York City homeless shelters. Most of these children will go back to school in September without the basic school supplies they are helped. In 2008, Volunteers of America gave 7,000 children filled backpacks.

With donations from all five offices and the Firm match combined, over $1,260 was raised for this charity.

When To Hire a Forensic Accountant

On Wednesday, July 29th, Partner Jim Lynch will be giving a CLE-credit speech entitled "When To Hire a Forensic Accountant" at Berger & Montague, P.C., a law firm in Philadelphia, PA. Lynch will draw on his 10+ years forensic experience, explaining situations where forensic accounting professionals play a key role in uncovering the truth behind the numbers in court cases.

To read more about Partner Jim Lynch, click here

Citrin Cooperman Announces June 2009 Media Mentions

Director of Marketing Anca Munteanu authored the article "Cross-Selling: An Art You Need to Practice" in CPA Practice Management Forum magazine (Link)
Partners Michael DeVito and Joe Bublé authored the article "7 Tips for Effective In-House Training" in The New York Enterprise Report magazine (Link)
Partner Ed Roberts was featured in the Westchester County Business Journal Profits & Passions special section article "Edward H. Roberts: The triathlete" (Link)
Partner Stan Goldis was a guest on the "Business Spotlight on Executive Leaders" radio show on WWDB-AM 860 on Friday, June 12th
Marketing Manager Jean Frohman was quoted on WebCPA.com in the article "Competitions, economy prod CRM implementation"
Citrin Cooperman's new partners and directors were mentioned on WebCPA.com in the article "Citrin Cooperman Adds New Partners and Directors" (Link)
Citrin Cooperman was mentioned on The Hall Monitor website in the article "WCC offers accounting program to high school juniors" (Link)
Partner Ed Horton was quoted on NJBiz.com in the article "In a down economy, bankruptcy is a possible answer" (Link)

Citrin Cooperman Raises $2,580 for The Children's Hospital @ Dartmouth (CHAD)

On Thursday, June 25, employees at all five Citrin Cooperman offices participated in the monthly "Jeans with a Twist" day. This program allows employees to wear jeans during the work day if they donate $5 or more to the day's charity. Citrin Cooperman also matches firm-wide donations.

June's charity was The Children's Hospital @ Dartmouth (CHAD). As New Hampshire's only children's hospital, CHaD is committed to providing outstanding compassionate care for children and their families. Their physician expertise provides primary, specialty, and tertiary care to the children of New Hampshire, Vermont, and beyond. For more information, please visit www.dhmc.org.

With donations from all five offices and the Firm match combined, over $2,580 was raised for this charity.

Partner Stan Goldis a Guest on WWDB-AM 860's "Business Spotlight on Executive Leaders" Radio Show

On Friday, June 12th, Stanley Goldis, partner, was interviewed on WWDB-AM 860 during the station's "Business Spotlight on Executive Leaders" show. Stanley shared information about Citrin Cooperman and also spoke at length about some client success stories.

WWDB-AM 860 is a leading Business/News radio station, and the Executive Leaders Radio Shows are the #1 Business/News radio show in the local market due to unique programming (often re-broadcast several times during the week due to popularity). Industry surveys show that the program attracts 40,000 - 60,000 listeners in Pennsylvania, New Jersey and Delaware.

Starting in June 2004, guests have included the "Who's Who" of our business community—nearly five-hundred guests to date. The host, Herb Cohen, conducts an insightful fifteen-minute interview with each of our guests to learn what makes them tick, how were they able to build their enterprise, their personal secrets of success, management style and philosophy, industry trends and challenges and opportunities ahead.

To learn more about Partner Stanley Goldis, click here.

To learn more about the WWDB radio show, visit this link: www.wwdbham.com

Citrin Cooperman Admits Five Partners, Promotes Five Directors

Citrin Cooperman & Company, LLP, a leading accounting and business consulting firm, announced that Anthony DeJesus, Jeffrey Gittler, Elliot Lavietes, Mark Mindick, and Joseph Monaco were admitted to the firm partnership, effective July 1, 2009.

"Our newest partners have distinguished themselves through their commitment to the firm's clients and to the growth of the firm," said Citrin Cooperman managing partner Joel Cooperman. "With the addition of these five partners, the firm is even better positioned to continue offering our clients the services they need to grow and prosper."

Citrin Cooperman also announced the promotion of five professionals to Director, effective July 1: Patti Iengo, Denise Koch, Anca Munteanu, Soula Tsambiras, and Melanie Villaruel.

Citrin Cooperman is among the top 35 largest accounting firms in the U.S. The firm now employs more than 75 partners and more than 200 professionals.

New Partners

DeJesus, formerly a director, focuses on accounting and business consulting services, concentrating specifically on financial statement matters. Located in the firm's New York City office, DeJesus' practice areas include real estate development, not-for-profit, manufacturing and distribution, and construction.

Gittler, formerly a director in the firm's quality control department in the Philadelphia office, has more than 25 years of audit and accounting experience. Gittler will continue to be responsible for ensuring that the attest client work meets the highest standard levels. Prior to joining Citrin Cooperman in 2008, Gittler served as a technical manager at the American Institute of Certified Public Accountants, responsible for performing technical reviews of peer review work papers and conducting on-site oversight of the peer review process.

Lavietes, a former tax director in the firm's New York City office, has more than 25 years of experience and specializes in tax research and planning for an array of industries including entertainment, real estate, manufacturing, staffing, and high net worth individuals. Lavietes is active in the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants, where he serves on several tax committees.

Mindick, a former director in the firm's New York office, provides business consulting, tax and financial advice to private businesses, both domestically and internationally. Mindick has extensive experience in industries including real estate, private equity and investment partnerships, service, and manufacturing/distribution, as well as providing expertise for mergers and acquisitions.

Monaco was a director in the firm's quality control department, working in the Springfield, N.J., office. Like Gittler, Monaco helps ensure that each of Citrin Cooperman's attest clients receive the highest level of quality. He has more than 25 years of accounting experience and also provides audit and tax services to a number of the firm's clients directly in the not-for-profit and real estate industries. Monaco has served on several committees at the New Jersey State Society of Certified Public Accountants, including the organization's audit and review committee.

New Directors

Patti Iengo specializes in providing accounting and tax services to private companies in a variety of industries from the White Plains office. She has more than 13 years of public accounting experience and is a member of the Young Certified Public Accountants committee for the Westchester Chapter of the New York State Society of Certified Public Accountants.

Denise Koch works in the small business department in the New York office, serving primarily restaurant and real estate accounts. She supervises staff on reviews, compilations and tax returns for corporations and individuals and works closely with clients on consulting issues, including budgeting and profitability.

Anca Munteanu leads the firm's marketing department, responsible for strategic planning and all internal and external communications, including advertising, public relations and client communications, for all offices in the firm. Munteanu, who has more than 10 years of experience in professional services firm marketing, also supports the firm's new business development efforts.

Soula Tsambiras focuses on performing and managing audits, reviews, and compilations for a wide variety of companies, including restaurants and professional service firms. Based in the New York office, she is active in the employee benefit plans committee and co-chairs the Women's Franchise Committee's Franchise Network for the New York and New Jersey chapters of the International Franchise Association.

Melanie Villaruel is in charge of the human resources department at the firm, working out of the New York City office. Villaruel oversees the professional staff, workplace policies and the administration of benefits and compensation at the firm.

Kuchinsky Named One of Westchester's "Rising Stars: 40 Under 40"

Citrin Cooperman Partner Matthew Kuchinsky was recently named one of Westchester's "Rising Stars: 40 Under 40." The chosen winners had demonstrated leadership, foresight, and a vision for the future of Westchester County.

The awardees represented a wide variety of industries, including professional services, education, and communications. A celebration reception will be held on Thursday, June 11 at The Atrium in Rye Brook, NY. To register, visit this link. For more information, contact Pat Nicolais at pnicolais@westchesterny.org or (914) 948-2110.

The annual award selection was sponsored by the Westchester County Business Journal, Berkeley College, Entergy, EZKR Accounting and Consulting LLP, MasterCard Worldwide, and Starwood Hotels and & Resorts Worldwide.

To read more about Partner Matt Kuchinsky, click here.

Citrin Cooperman Announces May 2009 Media Mentions

Monday, June 1st

Partner Jim Grimaldi was quoted on Forbes.com in the article "Why It's Smart to Pass on the Family Business Now" (Link)
The annual Above the Bar Awards, a Citrin Cooperman sponsored event, received a write up in the Westchester County Business Journal. Link)
Partner Ed Horton was quoted in NJBiz in the article "Renegotiating debt to avoid filing for bankruptcy" (Link)
Partner Terri Coffel was quoted on the Financial Women's Association website in the article "Buying a Business: New Opportunities in Today's Environment" (Link)
Marketing Manager Shannon Mayforth was quoted on WebCPA.com in the article "Marketing Magic: Partner-Centric Marketing Plans" (Link)
Partner Allison Brackwas quoted on WomenEntrepreneur.com in the article "Tread Carefully Around Freelancers" (Link)
Partner Mike Napolitano authored the article "Targeted Revenue Growth", which appeared on the Lawn & Landscape website. (Link)

Citrin Cooperman Raises $1,658 for Walk Now for Autism

On Friday, May 15, employees at all five Citrin Cooperman offices participated in the monthly "Jeans with a Twist" day. This program allows employees to wear jeans during the work day if they donate $5 or more to the day's charity. Citrin Cooperman also matches firm-wide donations.

May's charity was Walk Now for Autism, the nation's largest grassroots autism walk program, is Autism Speaks' signature fundraising and awareness event, taking place in communities across the United States, as well as in Canada and the United Kingdom. Powered by volunteers and families with loved ones on the autism spectrum, this successful grassroots fundraising effort not only generates vital funds for autism research but also raises awareness about the increasing prevalence of autism and the need for increased research funding to combat this complex disorder. For more information, please visit www.walknowforautism.org.

With donations from all five offices and the Firm match combined, over $1,658 was raised for this charity.

Citrin Cooperman Announces April 2009 Media Mentions

Sunday, April 5th

Citrin Cooperman was mentioned in an entry on the "Make Money Online" blog (Link)

Monday, April 13th

Partner Jim Grimaldi was featured in a TV spot and corresponding article on the NY1 website (Link)

Monday, April 20th

Alan Schachter & Jim O'Sullivan published an article in The New York Law Journal entitled "An Introduction to Goodwill"

Thursday, April 23rd

Partner Kevin Ryan was quoted in a Wall Street Journal article entitled "New Health-Care Rule for Laid-Off Workers Hits Small Businesses" (Link)
The New Jersey Citrin Cooperman Office received a write-up in the list of "Best Places to Work in NJ" at the annual awards event

David B. Bruckman to Lead Citrin Cooperman's Wealth Management LP

NEW YORK, May 4, 2009 – Citrin Cooperman & Company, LLP announced that David B. Bruckman, JD, MS Tax, has joined its affiliate, Citrin Cooperman Wealth Management LP (CCWM), as Managing Director. CCWM provides clients with investment advisory, insurance, financial planning and wealth preservation services.

Bruckman, who has 20 years' experience offering sophisticated legal and wealth management services to high net worth individuals, business and families, previously served as a financial advisor and principal at Clarfeld Financial Advisors, Inc. Prior to joining Clarfeld, he was an executive vice president of a boutique financial services firm that focused on advanced estate and tax planning for wealthy individuals and families. Bruckman also engaged in the private practice of law in the areas of wills, trusts and estates.

"We are pleased to be able to offer our clients the talents and skills that David brings to Citrin Cooperman Wealth Management, LP," said Citrin Cooperman managing partner Joel Cooperman. "With a varied background in financial services, he has distinguished himself as a leader in serving the financial and investment needs of individuals and businesses. We believe he will prove to be outstanding working with clients on their estate, insurance and financial planning."

David has an extensive wealth management background in the areas of estate planning, financial planning, charitable planning, investment planning and life insurance. He has written articles on deferred compensation, life insurance, estate planning and taxation that have been published in The New York Law Journal, The CPA Journal, The National Underwriter, The Westchester County Bar Journal, and the Journal of Financial Planning.

Bruckman earned his BA from Union College, his JD from Syracuse University Law School, and his Masters in Taxation from Pace University Lubin School of Business. He is admitted to practice law in New York and Connecticut and is a member of the Westchester County Bar Association and of its Trusts & Estates Committee.

To read more about Director David Bruckman, click here.

Ryan and Bull Speak at Pennsylvania Coalition of Charter Schools Annual Conference

On Sunday, April 26, Citrin Cooperman Partner Kevin Ryan and Manager Michael Bull spoke at the Pennsylvania Coalition of Charter Schools Annual Conference. They shared their knowledge about audits and the new form 990.

The three-day conference took place April 26-28 at the Loews Philadelphia Hotel and The Ritz Carlton in Philadelphia. More than 1,000 guests attended the conference, representing a variety of charter schools in Pennsylvania.

To read more about Partner Kevin Ryan, click here.

To read more about Manager Michael Bull, click here.

Citrin Cooperman Raises Over $2,000 for Homes for Our Troops

On Friday, April 24, employees at all five Citrin Cooperman offices participated in the monthly "Jeans with a Twist" day. This program allows employees to wear jeans during the work day if they donate $5 or more to the day's charity. Citrin Cooperman also matches firm-wide donations.

April's charity was Homes for Our Troops, a non-profit, non-partisan, 501 (c)(3) organization founded in 2004. This organization is strongly committed to helping those who have selflessly given to their country and have returned home with serious disabilities and injuries. We assist severely injured Servicemen and Women and their immediate families by raising donations of money, building materials and professional labor and then coordinating the process of building a new home or adapting an existing home for handicapped accessibility. The finished home is then given to the veteran. For more information, please visit www.homesforourtroops.org.

With donations from all five offices and the Firm match combined, over $2,000 was raised for this charity.

Florio Speaking at ''Succession Planning for Your Business'' Seminar

On Wednesday, April 29th, Citrin Cooperman Partner Nick Florio will be speaking at at breakfast seminar entitled "Succession Planning for Your Business."

The event is sponsored by the New York Staffing Association (NYSA) and will focus in on the key elements of how to position your business for a smooth transition. Other speakers include Jack Lyons of Lyons Solutions and Alan Tarter of Tarter, Krinsky and Drogin.

Date: Wednesday, April 29th, 2009
Time: 8:30 am-10:00 am (Breakfast served from 8-8:30 am)
Hosted at:
LDI Color Toolbox, Times Square
1500 Broadway, 10th Floor
New York, New York 10036

Interested parties can register for the event by contacting NYSA Executive Director Jennifer Kelley at jennifer@nystaffing.org.

To read more about Partner Nick Florio, click here.

Grimaldi Speaks About the Tax Filing Deadline in a Down Economy

Citrin Cooperman Partner Jim Grimaldi was recently interviewed by NY1 News, speaking about the tax filing deadline in a down economy. He discussed the trend of late filing - so people can hold on to their money for as long as possible - and also clarified the process of filing for a six month extension. Tax penalties were also explained.

To view the interview video, click here. The news spot will air all day on NY1 on Tuesday, April 14.

To read more about Partner Jim Grimaldi, click here.

Karlitz Speaking to NY Legal Community

In April and May 2009, Partner Gary Karlitz will be giving a presentation entitled "Advanced Tax Return & Financial Statement Analysis for Matrimonial Lawyers." The topic will inform legal professionals about the best methods for understanding and utilizing the information found in these financial documents.

The location and dates of the speaking engagements are listed below.

Friday, April 24, 2009 and Friday, May 8, 2009
Holiday Inn Rochester Airport
911 Brooks Avenue
Rochester, NY
(585) 328-6000

Interested parties can register for the event by visiting this link

To read more about Partner Gary Karlitz, click here.

Lynch Speaking to NY Legal Community

In April and May 2009, Partner Jim Lynch will be giving a presentation entitled "Math and Accounting for Lawyers – How to Read Financial Statements." The topic will inform both law students and legal professionals about the best methods for understanding and utilizing the information found in financial documents.

The locations and dates of the speaking engagements are listed below.

Thursday, April 23, 2009
PACE Law School (New Direction Program)
78 North Broadway
White Plains, NY 10603

Monday, May 18, 2009
New York County Lawyers' Association
14 Vesey Street
New York, NY 10007

To read more about Partner Jim Lynch, click here.

Alan A. Schachter, Leading Valuation & Forensic Expert, Joins Citrin Cooperman & Company as Partner

NEW YORK, April 1, 2009 – Citrin Cooperman & Company, LLP announced that Alan A. Schachter joined the firm as a partner in the Valuation & Forensic Services Group.

Schachter, formerly was a managing director for litigation and valuation consulting in Willamette Management Associates, Northeast Region. Schachter will split his time between the firm's new Southport office and the New York City office.

Additionally, James J. O'Sullivan, and Craig A. Jacobson joined Citrin Cooperman as Directors. Both previously worked at Willamette. O'Sullivan and Jacobson will work primarily out of the New York City office.

"We are extremely pleased to be able to add professionals with the experience and expertise of Alan Schachter, James O'Sullivan and Craig Jacobson," said Citrin Cooperman managing partner Joel Cooperman. "They have distinguished themselves as leading providers of business valuation, including patents, copyrights, trademarks, forensic and forensic services, including economic damage modeling, as well as valuation and forensic services related to all forms of intellectual property, and our clients will benefit from their vast knowledge."

Schachter, who has more than 40 years of accounting and consulting experience, has been a certified fraud examiner since 1993, and a certified valuation analyst since 1997. He is a CPA also accredited in business valuation and certified in financial forensics, both through the American Institute of Certified Public Accountants.

O'Sullivan, who is also an attorney, CPA and certified in financial forensics through the AICPA, has served as a consultant in a large number of complex litigation cases involving a cross section of industries, including healthcare, professional services, construction, real estate and manufacturing, among others.

Jacobson's experience includes valuation consulting, commercial and securities litigation consulting, financial advisory and economic analysis and forensic services related to all forms of intellectual property for industries ranging from advertising to wholesale.