Stephen J. Mannhaupt, CPA

Stephen J. Mannhaupt, CPA, Partner

"Communication is important when running a business. One client we helped was not receiving the necessary information from the field. Their work wasn't being scheduled properly, and the company was not reviewing their cash flow or profitability on a consistent basis. After performing an operational review, we recommended that the company properly reconcile their accounting information and improve their reporting. Our team helped the client review their method of collections and implemented new procedures to reduce collection time. We assisted them in implementing incentive compensation programs, which led to increased profitability. We were able to help them consolidate staff duties and reduce their payroll costs. The savings we helped our client realize was quite substantial, and they appreciated that their accountants were able to look beyond the numbers and offer them effective management advice." 

Stephen J. Mannhaupt, CPA, is a Partner at Grassi & Co., CPAs. He specializes in public accounting, forensic accounting, auditing, and management consulting for clients in the architecture and engineering, professional service, not-for-profit, healthcare, construction, and real estate industries. Since beginning his career in 1990, Steve has provided expert guidance to clients in specialized areas such as internal control assessment, fraud prevention and investigation, FAR auditing and corporate operational efficiency, in addition to traditional accounting, tax, and audit support.

Steve has been a part of the Grassi team for more than 15 years. An expert in his field, he has written articles on a variety of accounting topics and has conducted educational seminars for clients, accounting societies, and other professionals in banking, surety and law. Additionally, Steve has worked on consulting engagements involving fraud detection, operational reviews, internal control analysis, and the quantification of lost profits.

To keep abreast of the issues facing our clients, Steve stays active in industry trade associations, including the including the Society of Marketing Professional Services (SMPS), the American Institute of Architects (AIA), the Subcontractors Trade Association (STA), and the Construction Financial Management Association (CFMA). He is a member of the New York State Society of CPAs (NYSSCPA), where he is the Chairman of the construction committee, and of the American Institute of Certified Public Accountants (AICPA). Steve is a graduate of Queens College and has had extensive Continuing Professional Education (CPE) in auditing, accounting and taxation.