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Israeloff Named One Of The 125 People Of Impact In Accounting

GARDEN CITY, NY, July 3, 2012 -- The Journal of Accountancy recently named Robert L. Israeloff, CPA of Manhasset one of the 125 People of Impact in Accounting, recognizing the leaders who left a mark on the profession. Israeloff is the founder of Garden City based Israeloff, Trattner & Co. CPAs, PC, and the visionary behind the firm's growth into one of the region's leading certified public accounting, financial and management consulting firms.

In celebration of the American Institute of Certified Public Accountants (AICPA) 125th Anniversary, the June 2012 issue of the Journal of Accountancy (JOFA) identified 125 people who made a significant impact on the profession since 1887, the year the organization that became known as the AICPA was founded. In naming Robert L. Israeloff, CPA, the JOFA wrote "A champion of small and local practitioners, Israeloff chaired the AICPA board of directors in 1994 - 1995, and the AICPA's special committee on accreditation of specialization, whose report described areas where new accreditations could help CPAs compete and separate themselves from non-CPA practitioners."

"We are very proud of all that Bob Israeloff has accomplished, and are pleased he is being recognized for his contributions to the industry," said Israeloff Trattner President and CEO Michael J. Garibaldi, CPA/ABV/CFF. "Bob was a true visionary and the Firm he built has stayed true to his legacy maintaining our strength in servicing the closely held business owner and pursuing our niche and specialty areas," Garibaldi noted.

The JOFA issue also included a rare look into the origins of the CPA exam itself, featuring Israeloff's own original exams from 1960 to 1963, and a copy of the exam governing rules. "I'm proud to say I passed all four parts the first time," said Israeloff who was honored by the AICPA with a Gold Medal for Distinguished Service, the Accountants Club of America (ACA) with a Lifetime Professional Achievement Award, and was inducted into the New York State Society of Certified Public Accountants (NYSSCPA) Hall of Fame. Selected by Accounting Today as one of the 100 most influential CPAs in the United States on a number of occasions, Israeloff is a former President and member of the NYSSCPA, which currently represents over 28,000 CPAs. Bob Israeloff has held a number of other board-level positions, and has served as Chair or a member of over 25 Society committees and special task forces such as Managing Partners, Annual Leadership, Professional Achievement Registry Review, Budget Policy and Administration. Mr. Israeloff has also been President of the NYSSCPA Foundation for Accounting Education. A frequent speaker on the management of an accounting practice, Israeloff has spoken at the AICPA Business Succession Planning Conference.

After graduating from the Wharton School of the University of Pennsylvania with a Bachelor of Science in Economics, Mr. Israeloff received a Masters in Business Administration in Tax from Baruch College.

Bob Israeloff's community activities have been meaningful and varied. He has held a number of community service positions including President of HIAS Inc. (the International Jewish Rescue and Migration Agency,) Board Member of ORT, NYUJA Federation, the American Jewish Joint Distribution Committee, Vice President and Treasurer of Inwood Country Club, Treasurer of the Village of Hewlett Bay Park, Campaign Chair of the Five Towns United Fund, Treasurer of the Sarasota County Arts Council, and Treasurer of Peninsula Counseling Center. Bob Israeloff's community and philanthropic awards have come from the American Jewish Committee, American Heart Association, Wharton Club of Long Island, and Israel Bonds, among others.

Israeloff, Trattner & Co., CPAs, PC is one of the region's leading certified public accounting, financial and management consulting firms with offices located in Garden City and Manhattan. The Firm provides a wide range of services for individuals and businesses in a number of industries. Their many services include accounting and auditing, forensic accounting, fraud engagements, business, professional practice and license valuations, domestic and international tax planning and compliance, merger and acquisition consulting, management consultation, technology, human resources and marketing consulting, financial and estate planning.

For more information, call or write Israeloff, Trattner & Co., P.C., 1225 Franklin Avenue, Garden City, NY 11530, 516-240-3300, or visit the web site at www.israeloff.com.

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