Karen Smith
Partner @CohnReznick
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WORK HISTORY
Partner @CohnReznick
Karen Smith is a Certified Public Accountant (CPA) with more than 30 years of experience in public accounting, specializing in financial oversight for affordable housing, commercial real estate and not-for-profit organizations. Karen is a strategic and mission-driven finance executive with demonstrated leadership as an audit partner at CohnReznick, where she led complex financial reporting, compliance, and audit engagements across real estate, community development and nonprofit sectors. Deep expertise in GAAP, GAS, GAGAS, IRS Section 42 Low Income Housing Tax Credit and IRS Section 47 Historic Rehabilitation Credit. With a proven track record of driving operational efficiency, improving financial systems, and building high-performing teams.Recognized as a trusted advisor, skilled communicator, and collaborative leader committed to supporting mission-aligned organizations through financial stewardship, strategic planning, and risk management.Core Competencies include the following: strategic financial leadership, budgeting, forecasting & planning, nonprofit financial management, low income housing tax credit (LIHTC) compliance, bond financing and debt covenant compliance, grant management & Uniform Guidance, GAAP, GAS, GAGAS & regulatory compliance, audit & risk oversight, internal controls & financial systems, team development & cross-functional leadership, and board and stakeholder communication.Software proficiency includes Microsoft Office Suite including Excel and Word, CaseWare, and CCH EngagementEducationB.S, Accounting – University of Akron
EDUCATION
The University of Akron
Bachelor of Science (B.S.)
ABOUT KAREN SMITH
Accomplished finance professional with extensive experience in the tax incentivized real estate and not for profit industries
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