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 22 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.
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 on ways to address compliance-related deficiencies.
Prior to joining Citrin Cooperman, Adam was a partner at regional and national accounting firms.
Presentation and 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.
Adam is a member of the American Institute of Certified Public Accountants (AICPA) and the New York State Society of Certified Public Accountants (NYSSCPA) where he is currently on the Manhattan/Bronx Chapter’s Board of Trustees. He also serves on the Government Relations Committee of the Nonprofit Coordinating Committee of New York (NPCC), the finance committee of the Institute of Classical Architecture and Art, and as president of the Oceanview Villas Association.
Education & Licenses
Adam received his B.B.A. in Accounting and Finance from the University of Cincinnati. He is a Certified Public Accountant in the States of New York and New Jersey.