CONNECT WITH STACEY
626.921.4312
[email protected]
Areas of Expertise
• Accounting
• Client Accounting Services (CAS)
• PPP Loans & Forgiveness
• Sports & Entertainment
Stacey Korman, CPA, MST
PRINCIPAL - ACCOUNTING
Stacey Korman is the Accounting Principal at KROST. She is a key member of our advisory team and is a trusted consultant. Stacey has extensive experience in assurance, advisory, and accounting services, with an emphasis on middle-market companies and high net worth individuals. She has spent her career managing audits, reviews, and compilation engagements. To support KROST clients during the pandemic, Stacey helped launch the firm's PPP Loan Assistance program, including the team’s development of a unique calculator that optimizes loan forgiveness.
She serves a variety of industries, including management companies of hedge funds, high net worth individuals, entertainment, real estate, technology, foodservice, and not-for-profits. She also leads the firm's Client Accounting Service (CAS) practice, providing consulting and cash management services to professional services companies, high net worth individuals, and small businesses. In addition to leading the day to day operations of the accounting department which includes business management services, Stacey is a mentor to staff members and leads technical and leadership training sessions.
Prior to joining KROST, Stacey was a senior manager at a top 10 national firm where she served commercial service clients in a variety of industries.
Professional Experience
• KROST, Principal (2021 - Current)
• KROST, Director (2017 - 2021)
• KROST, Senior Manager (2014 - 2017)
• Rothstein Kass, Senior Manager (2011 - 2014)
• Rothstein Kass, Manager (2009 - 2011)
• Rothstein Kass, Supervising Senior (2006 - 2009)
• Miller, Ellin & Company, Staff Accountant (2001 - 2006)
• Arthur Andersen, Senior Auditor (2000 - 2001)
• Arthur Andersen, Staff Auditor (1998 - 2000)
Education
• Bachelor of Science, Accounting with an emphasis in Business Law from Pennsylvania State University
• Master of Science, Taxation from Baruch College in New York
Professional Affiliations
• Member of American Institute of CPAs
• Member of New York State Society of CPAs
• Member of California Society of CPAs
Extracurricular Activities
• Member of New York Cares – a volunteer organization
Certificate
• AICPA Fundamental Client Accounting Advisory Services
Stacey's Thought Leadership

Client Accounting and Advisory Services: The Benefits of Outsourced Accounting vs. In-House
March 1, 2021Our Principal, Stacey R. Korman, CPA, MST, earned a certificate in AICPA’s Client Accounting Advisory Services course. We had the chance to sit down with Stacey to hear her experience. Q: What is Client Accounting and Advisory Services (CAAS)? Client Accounting and Advisory Services (CAAS) is a certificate program that has been developed by the … Read More

FAQs – PPP Loans
February 17, 2021Since the CARES Act passed into law in March, there have been new laws, multiple rule publications, and over 50 FAQs released by the SBA regarding the PPP and EIDL loans. KROST’s subject matter experts have compiled a list of frequently asked questions below: Question: How are full-time equivalent employees calculated in the 2nd PPP? … Read More

KROST Quarterly Magazine: The Financial Services Issue is Now Available!
February 16, 2021We are happy to announce the release of our newest quarterly magazine! The Financial Services Issue highlights some of the hot topics in financial services including Section 1244 claims, the Lender Management, LLC case study, research & development, waterfall calculations, IRC Section 1061, and FinTech trends. What You’ll Find Inside this Issue: Section 1244: Claiming … Read More

Los Angeles Based CPA Firm Announced New Principal, Stacey R. Korman, CPA, MST
February 9, 2021Pasadena, CA. – KROST CPAs and Consultants, the Los Angeles based firm, has announced a new Principal, Stacey R. Korman, CPA, MST. Stacey has extensive experience in assurance & advisory and accounting services and since joining the firm she has led the accounting and audit departments. As an AICPA certified Fundamental Client Accounting Advisor, Stacey … Read More
![[Second Session] PPP Second Draw Loan Program & the Revised Employee Retention Credit – Eligibility and Process Webinar [Second Session] PPP Second Draw Loan Program & the Revised Employee Retention Credit – Eligibility and Process Webinar](https://www.krostcpas.com/wp-content/uploads/PPP-Second-Draw-Loan-Program-the-Revised-Employee-Retention-Credit-–-Eligibility-and-Process-1-1.jpg)
[Second Session] PPP Second Draw Loan Program & the Revised Employee Retention Credit – Eligibility and Process Webinar
January 26, 2021Paren Knadjian (Practice Leader, M&A, and Capital Markets), Stacey Korman, CPA (Principal), Sossi Bekarian, CPA (Senior Manager), and Jeff Kamin, CPA (Manager, Accounting, ERTC) hosted a second session on the PPP Second Draw Program & Employee Retention Credits webinar. They reviewed the details of the recently passed Coronavirus Response & Relief Supplemental Appropriations Act including: … Read More

KROST Launches PPP Loan Forgiveness Review Services for Borrowers and Lenders
August 10, 2020Pasadena, CA August 10, 2020 – Award-winning tax, accounting, and consulting firm, KROST, announced the launch of their PPP Loan Forgiveness Application Review Service for both Borrowers and Lenders. The services are intended to aid both borrowers and lenders by taking on the burden of calculating forgiveness values, checking that expenses conform to the SBA … Read More

5 Tips for Choosing the Right Business Manager
November 5, 2019This is a preview of one of the articles in the new KROST Quarterly Sports & Entertainment Issue, titled “5 Tips for Choosing the Right Business Manager” by Stacey Korman, CPA, MST. Professional actors, athletes, authors, and musicians have one thing in common: they are all typically high-net-worth individuals with complex financial needs. As a … Read More

KROST Quarterly Magazine: The Sports & Entertainment Issue is Now Available!
October 14, 2019We are happy to announce the release of our newest quarterly magazine! The Sports & Entertainment Issue highlights some of the hot topics pertaining to sports & entertainment professionals such as tax issues for athletes, Loan-Out Corporations, Qualified Business Income Deduction, and more. What You’ll Find Inside this Issue: Game-Changing Tax Matters for Athletes By … Read More

Outsourcing Accounting for Family Offices
August 7, 2019Accounting Director Stacey R. Korman, CPA, MST recently published an article for our newest KROST Quarterly Magazine: The Financial Services Issue titled “Outsourcing Accounting for Family Offices”. The existence of the Family Office structure dates back millennia to the Roman Empire, where wealthy households utilized an administrator referred to as the major domus, or Head … Read More

KROST Quarterly Magazine: The Financial Services Issue is Now Available!
July 30, 2019We are happy to announce the release of our newest quarterly magazine! The Financial Services Issue highlights some of the hot topics in financial services including Sales Tax Nexus, QSBS, Carried Interests, Trader Tax Status, Family Office, and more. What You’ll Find Inside this Issue: The Qualified Small Business Stock Gain Exclusion by Matthew Weber, … Read More