Neil W. Ehrenkrantz

Neil W. Ehrenkrantz

CPA Partner

1700 Broadway
New York, NY 10019
p 212.842.7015
f  212.842.7081

Neil Ehrenkrantz is a partner with Friedman LLP and has worked in public accounting for over 40 years. He works with public and privately held companies in a broad range of industries, including investment companies, investment funds, employee benefit plans, real estate, manufacturing, wholesale and retail distribution, healthcare related businesses and professional companies and practices. Neil is a member of the firm's SEC Services Group, Real Estate Services Group and Tax Practice Group.



Expertise

As part of the SEC Services Group, Neil performs audits of businesses, assists businesses with the updating of rules and regulations of the Securities and Exchange Commission, and performs services relating to The Sarbanes-Oxley Act of 2002, including internal control review and auditor attestation. He has written articles for the firm's SEC Impact e-mail newsletter. He has also assisted in the development of private offering memorandums.

As part of the Real Estate Services Group, Neil performs audits of investment companies, including multi-family housing, retail and commercial businesses and assists Friedman's governance team members, addressing issues relating to the Dodd-Frank Wall Street Reform and Consumer Protection Act as it relates to real estate investment companies.

In addition, Neil has expertise in forensic and litigation support matters, including working with bankruptcies and workouts, formulating and reviewing plans for reorganization, providing preference and fraudulent transfer analyses and serving as an expert witness.

Neil has been a member of peer review teams under the practice monitoring program sponsored by the American Institute of Certified Public Accountants. He is the past Chairperson for the NYSSCPA SEC Committee.  In addition, he has conducted accounting and tax seminars and has been interviewed for articles in the CFO Magazine, Trusted Professional and Compliance Weekly relating to internal controls and other accounting and auditing matters.

His expertise includes:

  • Advising clients in the purchase, divestiture, merger and acquisition of business entities
  • Planning, supervising, and reviewing audit engagements
  • Managing, Servicing and advising companies relating to SSAE16 reports. Includes advising on controls relevant to key processes or functions to service organizations in various industries 
  • Performing due diligence
  • Assisting closely held businesses with the budgeting process, cash flow analyses and inventory management
  • Tax planning for closely held businesses and their related stockholders and families
  • Overseeing audits involving federal and state and local income taxes, state sales and use taxes and independent contractor vs. employee payroll issues

 

Affiliations
  • American Institute of Certified Public Accountants 
  • New York State Society of Certified Public Accountants, Past Chair, SEC Practice Committee; Member, Investment Companies Committee; Member, Employee Benefits Committee
  • New Jersey Society of Certified Public Accountants, Former Member of Management and Consulting Services Committee, Healthcare Committee, Cooperation with Bankers Committee, and Cooperation with the Internal Revenue Service Committees
  • Garden State Credit Associates 
  • CPE Forum of Central New Jersey Board of Advisors, former member