News: Long Island

Sabatini of Citrin Cooperman honored by LIBN

Michael Sabatini,
Citrin Cooperman

Melville, NY Managing partner Michael Sabatini of Citrin Cooperman has been selected by the Long Island Business News as a recipient of the 2019 Business and Finance award.  He was recognized for his leadership in business, and commitment to the Long Island community.

Sabatini, CPA, is the managing partner of the Long Island office. He has 20 years of public accounting experience performing and managing audits in accordance with Generally Accepted Auditing Standards (GAAS) and the standards of the Public Company Accounting Oversight Board (PCAOB). He has primarily served middle-market companies in a wide variety of industries with a particular focus in manufacturing and distribution, shipping and logistics, aerospace and defense, government contracting, food and beverage, and printing and publishing.

Throughout his career, he has served companies with a variety of ownership structures including both larger and smaller publicly held companies, middle market privately held business, private family-owned businesses, and private equity-backed companies and he understands the unique accounting, auditing, and business aspects associated with each structure. He has extensive experience with acquisitions, divestitures, capital raising activities, debt, and other restructuring activities, as well as other complex financial reporting issues.

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The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.