Financial Poise

A Few Minutes With … Yesenia Cardona, William J. Ryan and Charles Saydek

We’ve asked some of the experts at the accounting and consulting firm of EisnerAmper LLP to author a new column, “EBITA and Other Scary Words,” premiering soon. 

In advance of that, we wanted to introduce the authors:  Yesenia Cardona, William J. Ryan, and Charles Saydek.  The idea driving this column is simple:  if you don’t understand your numbers, you don’t understand your business, and these experts from the firm’s Private Business Services group will explain everything you need to know about EBITA and the other scary words that show up on financial statements.

Yesenia, tell us about EisnerAmper.

Yesinia CardonaEisnerAmper LLP is a leading full-service accounting and advisory firm with clients all across the U.S. and worldwide. It provides audit, accounting, and tax services as well as corporate finance, internal audit and risk management, litigation consulting, and other services to clients across a broad range of industries, including life sciences, health care, technology, entertainment, sports, real estate, construction, not-for-profit, manufacturing, automotive, distribution, retail and others.

With nearly 1,300 employees, EisnerAmper works with middle-market and Fortune 1000 companies, along with high net worth individuals, family offices, closely held businesses, not-for-profits, and early-stage companies.  The firm maintains offices throughout New York, New Jersey, Pennsylvania, California, Florida and the Cayman Islands.

What does the firm’s Private Business Services Group do?

I’ll let my fellow PBS team member William J. Ryan, CPA, answer that one.

William, can you explain?

William RyanEisnerAmper’s PBS Group caters to privately owned businesses of all sizes, providing all of the accounting, tax and consulting assistance necessary for our clients to operate at their best.

EisnerAmper works with companies that do not have an internal accounting group to act in that capacity, and we work with companies that do have an internal accounting group to provide them with objective information and advice so that they can make informed, proactive decisions. EisnerAmper PBS professionals help companies manage risk and advise them on financial reporting and controls, tax-saving strategies, business process improvements, and systems selection and implementation.

EisnerAmper’s PBS Group offers accounting services such as financial statement preparation, tax preparation, tax planning and advice, accounting system implementation and management, business consulting, IRS representation, systems training, internal control reviews, outsourced CFO services and more.

What are some of the challenges your PBS Group is facing with respect to privately held companies?

That’s a great question for my colleague in the PBS Group, Charles J. Saydek, CPA.

Charles, what are the challenges regarding privately held companies? 

A couple of the things we’re seeing are companies balancing costs to charles saydekstay competitive while increasing capacity to take their businesses to the next level. Another major challenge for privately held companies is thinking about, creating and executing a succession plan. With thousands of Baby Boomers retiring over the next few years, this is going to redraw the map of privately held companies. These companies need to have a proactive plan in order to grow—particularly if there is no clear line of succession.

What industries does your PBS Group service?

The three of us have deep expertise in a variety of business sectors including construction, real estate, manufacturing and distribution, technology, life sciences as well as with clients operating in the domestic and foreign markets.

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