Partner
Brian Sackstein, CPA
Audit and Assurance
- New York City
- 929-923-7876
Let’s pick each other up when we’re down.
Let’s pick each other up when we’re down.
Bio
Brian brings deep industry experience to healthcare and nonprofit organizations of all sizes. His experiences ranges from social service organizations, permanency and adoption services, residential group care programs, providing educational and other services for the developmentally disabled, community/migrant health centers, residential drug treatment, behavioral healthcare, prepaid health service plans, and other not-for-profit corporations. He works closely with boards of directors, chief executives, and financial officers and staff to help clients effectively manage their businesses and achieve their goals and missions.
Brian provides auditing, accounting, and management advisory services for clients. His responsibilities include the planning, coordination, and review of accounting and auditing projects, the preparation and review of financial statements, coordination of audits in accordance with Office of Management and Budget Single Audits, and the presentation of audited financial statements and reports to management and boards of directors. Brian also supervises and reviews the preparation and the impact of client cost reports, which include the Consolidated Fiscal Report (CFR), Standards of Payment Report (SOP), Institutional Cost Report (ICR) for funding agencies in New York State, FQHC Medicare cost reports, required for filing with Department of Health & Human Services and the Medicaid Cost Report (AHCF). Brian is also a specialist in the auditing of employee benefit plans.
Brian’s services also include reviewing existing operations to improve efficiencies, performing financial budgeting and cash flow projections, internal control reviews, training clients’ staff and board trainings in the areas of federal audits and reimbursement analysis, conducting project feasibility studies, developing new programs, reviewing of operations and rates to support reimbursement, and advising on rate reimbursement appeals. Brian has worked with organizations whose budgets ranged from $1 million to $15 billion.
Experience
I was looking for a firm that cared about me as a person, and Armanino is an inspiring firm that lifts up its people. In all the conversations I had with the team, I felt the type of genuine kindness that I wanted in my work environment.
I work with healthcare and nonprofit clients. These two industries shined during the pandemic and I’m confident that they’ll continue to do so. To take full advantage of this opportunity, these organizations must incorporate the best practices that they learned and continue to play to their strengths. I predict that the processes that worked during the pandemic will only improve, as healthcare and nonprofit institutions thrive into the future.
My favorite client was a facility that had serious financial problems. Together, we determined what were the right places to spend their money and negotiated with the state on their behalf. This changed the entire fabric of the organization, and we were able to raise their workers’ salaries. Five or six years later, I met with someone at an event and shared this same story with her. She started crying and told me that she was one of those social workers who had been able to keep her job and raise her income because of the work we had done.
I often ask my kids how they’re going to change the world. My proudest moments are when other parents approach me to tell me that my children have made a difference in their kids’ lives. Whenever this happens, I make sure to let my sons know that they are already changing someone’s world, and small acts of kindness and support are all it takes to make a difference.
I’m always blown away by the fact that my work allows me to do amazing things for organizations that give back to the community. My team and I enable nonprofits and healthcare institutions to thrive and, by doing so, people who need and rely on them the most receive the benefit of better and more services. To me, that’s everything.
