PRESS RELEASE

April, 2009

New York, NY - Loeb & Troper LLP , launches its new Consolidated Fiscal Report (CFR) Benchmarking capabilities.

By integrating its in-house specialized knowledge of the CFR with the information contained in the CFR database, Loeb & Troper has developed proprietary metrics that will permit them to help organizations develop key benchmarking analyses. 

"In an environment of budget cuts, governmental audits and a move toward greater transparency, it becomes essential to be able to benchmark your revenue, expenses and staffing." says Brian O’Reilly, CPA, Partner.  These capabilities will permit Loeb & Troper to work with organizations that file a CFR to prepare essential benchmarking reports that will help executives and board members in the following areas:

• Identifying areas or spending patterns that may be red flags for government auditors
• Preparing appeals to the state for additional funding
• Responding to government audits and desk audits
• Developing operational budgets
• Developing budgets for new programs or site
• Preparing board and management reportsPreparing comparisons for foundations or grantors

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About Loeb & Troper LLP


Loeb & Troper LLP is a leading regional professional services firm with a targeted focus and specialized expertise.  Established in 1919, the firm specializes in meeting the unique needs of health care, not-for-profit and special needs organizations by providing comprehensive audit, tax and consulting services.  The firm’s industry specialization has made it a highly-valued advisor and resource to some of the leading organizations in its fields of practice.   The firm has remained true to its core promises of industry-specific expertise, industry-specific leadership, active partner involvement, superior client service and a culture of integrity for ninety years.


For further information, please contact:
Lisa K. Burke
Director of Marketing & Communications
212-697-3000
lburke@loebandtroper.com