CohnReznick Gets Fined For Not Reporting an Earlier Fine to the PCAOB in a Timely Fashion
Yo dawg, I heard you like fines. The diligent paper-pushers at the PCAOB (the “P” stands for both paper and pushing) have sanctioned CohnReznick for failing to report key information on PCAOB Form 3 within the required timeframe. PCAOB Rule 2203, Special Reports requires any registered public accounting firm to file a special report on […]
Promotion Watch ’23: It’s New Partner Season at CohnReznick
Feb. 1 will be a big day at the 15th richest public accounting firm in the U.S. as 19 people will be admitted into the partnership at CohnReznick. “As CohnReznick continues to expand its capabilities and market presence, recognizing the talents and achievements of outstanding professionals is critical to our growth strategy,” said CohnReznick CEO […]
The Dallas Cowboys Are Getting Some Extra Accountants With This CohnReznick Merger
CohnReznick announced a merger with Dallas firm BKM Sowan Horan and the Dallas Morning News took the opportunity to trumpet the happy nuptials of the official accounting firm of the Dallas Cowboys. Dallas Morning News: CohnReznick, the 15th largest accounting firm in the U.S. and the official accounting firm of the Dallas Cowboys, says it […]
SEC Slaps CohnReznick and Three Partners with Improper Professional Conduct
This press release from the SEC is wayyyy too boring to be rewritten in an interesting way on a sunny Friday afternoon so have some copy paste instead: The Securities and Exchange Commission today charged audit firm CohnReznick LLP with improper professional conduct on engagements for two clients in 2017. The two clients, Sequential Brands […]
Compensation Watch ’21: There Are Some Happy Folks At CohnReznick
I was scrolling through Fishbowl yesterday afternoon while I was watching that horrible Bears vs. Ravens game when this post caught my eye: At least those pay bumps are at or above current inflation levels, so that’s a plus. The thread continued … We hadn’t heard from anyone in the rank and file at CohnReznick […]
Promotion Watch ’20: CohnReznick Has Three New Partners and Three New Principals In the Pipeline For Next Year
Feb. 1 is the day when new partners are deified at CohnReznick, and we already know about three, as well as three who have moved up the ranks to principal, who will be fed grapes by CEO David Kessler and fanned with giant leaves by COO Phil Mandel on the first day of February 2021. […]
CohnReznick Employees Were Made Whole Once Again
Got this tip earlier today: FYI, CohnReznick ended the temp pay cut and paid back the reduced wages. While we appreciate the update, the tipster was a little skimpy on the details. Back in early May, we reported that CohnReznick was cutting employee pay on a sliding scale as part of its pandemic uncertainty measures: […]
Pay Cut Watch ’20: Here’s What We Know About the Salary Reductions and Other Stuff at CohnReznick
Just the other day Adrienne and I were chatting on Slack about which public accounting firms among the top 15 or so in the U.S. have we not heard a peep about in regards to job cuts, pay cuts, or furloughs. One firm brought up was Plante Moran. The other was CohnReznick. Interesting timing because […]
CohnReznick Poaches Someone From PwC and Issues a Press Release, Part I
Another week, another non-Big 4 firm letting the media know that it just hired someone from the Big 4. This time, CohnReznick was the poacher, and once again, PwC was the poachee: CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today [March 3] announced that Michael Staub has joined […]
Promotion Watch ’20: CohnReznick Adds a Dozen New Partners
The love child of J.H. Cohn and Reznick Group celebrated its recently anointed partner class for 2020 earlier this month. But it’s nowhere near the size of last year’s class of 23 new partners. Maybe CohnReznick only added 12 people to the partnership this year so there wouldn’t be as many partners for Mazars USA […]
#TBT: The CohnReznick ‘Anthem’ That Someone Thought Was Ringtone-Worthy
I stumbled across this on YouTube yesterday. This CohnReznick “anthem” isn’t an accounting firm anthem in the traditional sense, not like this horrible Deloitte one or some of the bad Big 4 anthems of years gone by. The CohnReznick one was actually a commercial that aired on TV and radio a few years back. But […]
CohnReznick Has Had It Up to Here with Mazars USA’s Poaching
Last year, three CohnReznick CPAs—two partners and its chief operating officer—started new jobs as partners at Mazars USA. You would have thought Mazars would’ve sent out a press release about its new haul, like it did last September when it poached two people from KPMG, but the firm kept the CohnReznick poaching a secret. No […]
Platinum Hedge Fund Investors Aren’t Big Fans of CohnReznick
CohnReznick is being sued by 49 investors of an ill-fated Platinum Partners hedge fund who claim the accounting firm is complicit in and benefited from a fraud that doomed Platinum. Institutional Investor reported: The group of investors, who collectively sunk $63 million into the Platinum Partners Credit Opportunities Fund, filed a lawsuit against CohnReznick in the […]
CohnReznick Will Have a New CEO In 2020
Ch-ch-changes are coming at the top of CohnReznick, as partners at the top 15 accounting firm this week elected David Kessler as CEO, effective Feb. 1, 2020. Kessler will succeed Frank Longobardi, who has been CEO since October 2015. Longobardi will remain at the firm until he reaches CohnReznick’s mandatory retirement age in January 2021, […]
Number of New Partners Admitted at CohnReznick Balloons to 23
Feb. 1 was a record-setting day for New York-based CohnReznick, as it admitted the largest partner class in the firm’s history. CohnReznick, the 11th-largest accounting firm in the U.S., gave new partner gift bags to 23 CPAs (four women and 19 men) last Friday. Maybe they got new hats, too. Last year, the firm admitted […]
Everyone Suffering from Busy Season Depression: Grab Some Bubble Wrap, Stat
Is there anything better than popping bubble wrap? No. No there is not. The Los Angeles office of Cohn Reznick seems aware of that fact, as they spent part of the day yesterday de-stressing with a little contest: #fun #video, contest to #pop #bubblewrap – a great day with a “pop” theme for #stressrelief during […]
CohnReznick’s Golf Event Won’t Solve Gender Inequality
Last month, top 10 CPA firm CohnReznick hosted a golfing event for women executives. The idea was “to get [women] more accustomed to a common way to do business among generations of male executives.” Because so much business in professional services takes place on the golf course, our goal is to get more women exposed […]
CohnReznick Is Probably Better at Audits Than You, Per PCAOB Inspection Report
Yesterday, we shared McGladrey's not-all-that-bad inspection report results. Now, it's time to crown a world champion audit firm… CohnReznick! The words every audit firm wants to hear from the PCAOB: The inspection procedures included a review of aspects of the Firm's auditing of financial statements of 11 issuers. This review did not identify any audit […]
#10 Firm CohnReznick Borrowed a Few Bucks From the State of Connecticut
$508 million in revenues and 274 partners couldn't dig deep into their own pockets to find $1.2 million? Seems legit: Accounting firm CohnReznick, which has Glastonbury and Farmington offices, is going to consolidate its area operations in downtown Hartford's Metro Center with help from a $1.2 million state loan, Gov. Dannel P. Malloy said. The […]
CohnReznick Co-CEOs Gushing Over Firm’s New Hat Like It Was the Best Thing to Come Out of the Merger
Back in the spring, we learned that J.H. Cohn and Reznick Group would be welcoming a new little bundle of capital market servant joy and on October 1, CohnReznick was officially brought into the world. We all couldn't be happier for the two firms and no one is prouder than the two Dads/CEOs, Tom Marino […]