October 15, 2010
Diane Giordano, Tax & Business Partner, Featured in Who's Who in Women in Professional Services and Senior Living
Diane Giordano, CPA, is a tax partner in Marcum LLP’s Melville office. Giordano works closely with large, multi-state companies as well as family-owned businesses providing tax consulting, financial statement disclosure and compliance services. Giordano’s clients also include SEC reporting entities where she provides ASC 740 services.
Giordano joined the firm in 2005. She has more than 20 years of accounting and tax experience.
In these difficult economic times, women are facing unique challenges, not solely from an employment perspective, but also as a consumer and parent, Giordano said.
“The current unemployment rate for women, about 6%, has not been this high in 30 years,” Giordano said. “Women looking to re-enter the workforce also face challenges due to the economy’s slow growth. Businesses are not using temporary workforces as much as in the past.”
Unemployed women may also need to retrain themselves for another line of business because current trends in technology have changed the workforce, Giordano noted.
Employed women are experiencing workplace cutbacks with family-friendly benefits including telecommuting, alternative work schedules, maternity leave and other flexible benefits, in an effort for employers to save money, Giordano noted.
“Women working in retail have had to reduce their hours because business has slowed,” she said. “Reduced hours place families at risk of losing health coverage. Women looking to start a small business are finding financing difficult, partially due to the banks taking a beating in the sub-prime mortgage crisis, in addition to the slowed economy.”
Prior to joing the firm, she worked at a global accounting organization for 11 years after spending six years at a Big Four firm. Earlier in her career, Giordano was an internal auditor at a large regional bank.
She frequently speaks on a variety of tax topics to professional and industry organizations and has authored numerous articles that have been published in various professional publications. Additionally, Giordano serves as editor of the Marcum LLP’s newsletter and is the firm’s tax training coordinator.
Giordano is a member of the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants. She is also a board member of the American Heart Association and the March of Dimes; and treasurer for the Parent Teacher Association.
She is licensed to practice in New York and a certified financial planner. Giordano earned a master’s degree in taxation from C.W. Post Campus Long Island University and a bachelor’s degree in accounting from Hofstra University.
Giordano received the 2009 Distinguished Service Award from the New York State Society of Certified Public Accountants.
Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation. Ranked 15th among the "Top 25 Firms" by Inside Public Accounting, Marcum offers the resources of more than 1,100 professionals, including more than 150 partners, in 21 offices throughout New York, New Jersey, Massachusetts, Connecticut, Pennsylvania, California, Florida, Grand Cayman and Hong Kong.
Established in 1951, Marcum is a leader with an outstanding reputation at the national and regional levels. It is ranked as one of the largest firms in the New York metropolitan area (Crain's New York Business, 2009).
Marcum offers an extensive range of professional services and a high degree of specialization. In addition to traditional accounting, assurance and tax, including domestic and international tax planning and preparation, the Firm’s professional services include mergers and acquisition planning, family office services, forensic accounting and litigation support. The Firm has developed several niche practice areas including private equity partnerships; hedge funds; SEC registrants; services for the government, public and not-for-profit sectors; construction; business valuation; bankruptcies and receiverships.