Focus on what counts
Education

Bachelor of Business Administration in Accounting and Finance, University of Cincinnati

Licenses

Certified Public Accountant in the States of New York and New Jersey

Industries

“In order to provide advice, it’s important to understand the mission, beneficiaries, and compliance requirements of not-for-profit organizations. Failure to meet the compliance requirements of employee benefit plans can put an employer at risk for fines and other penalties, so gaining an understanding of the plan is critical before performing any audit service or providing consulting on ERISA matters.”

Adam Reiss, practice leader of the firm’s Not-For-Profit Practice and practice co-leader of the firm’s Employee Benefit Plans Practice, has over 25 years of experience serving as a trusted advisor to charter schools, low-income housing entities, professional and trade associations, international, education services, advocacy, social services, health care, membership, research and scientific, cultural and arts, religious, and public and private grant-making organizations. He has also served as the engagement partner on OMB Circular A-133, and other Yellow Book and compliance-related engagements.

Experience

Adam has a wealth of experience auditing defined contribution 401(k), profit sharing, and money purchase pension plans, as well as single-employer and multiple-employer defined benefit plans. He advises clients on 401(k) and pension plan compliance, and also helps identify ways to reduce administrative costs within these plans.

Adam routinely and successfully represents not-for-profit clients concerning IRS tax exemption and state charity applications, formations, tax exams, and government correspondence. He also successfully represents sponsors of employee benefit plans subject to IRS tax exams.

Adam prepares and makes presentations to audit, finance, and executive committees of boards of directors to review the results of audit engagements. He advises clients on implementing new internal controls, policies, and procedures recommended in management letters, and also on ways to address compliance-related deficiencies.

Prior to joining Citrin Cooperman, Adam was a partner at regional and national accounting firms.

Education & Licenses
Education

Bachelor of Business Administration in Accounting and Finance, University of Cincinnati

Licenses

Certified Public Accountant in the States of New York and New Jersey

Presentations & Publications

Adam contributes to regular communications and e-alerts for the Not-For-Profit and Employee Benefit Plan practices, facilitates technical training to the audit staff, and actively participates in executive roundtable sessions sponsored by Citrin Cooperman.

Affiliations

Member, American Institute of Certified Public Accountants (AICPA)

Member, New York State Society of Certified Public Accountants (NYSSCPA)

Manhattan/Bronx Chapter’s Board of Trustees, New York State Society of Certified Public Accountants

Government Relations Committee, of the Nonprofit Coordinating Committee of New York (NPCC)

Finance Committee, the Institute of Classical Architecture and Art

President, Oceanview Villas Association

“In order to provide advice, it’s important to understand the mission, beneficiaries, and compliance requirements of not-for-profit organizations. Failure to meet the compliance requirements of employee benefit plans can put an employer at risk for fines and other penalties, so gaining an understanding of the plan is critical before performing any audit service or providing consulting on ERISA matters.”