Fernando Sosa Appointed to Lead CohnReznick’s Machinery & Equipment Valuation Services
Chicago, IL – February 27, 2017 - CohnReznick LLP, one of the leading accounting, tax, and advisory firms in the United States, announces that Fernando Sosa, senior manager within the Firm’s Valuation Advisory Services (VAS) Practice, has been named to lead the CohnReznick Advisory’s Machinery & Equipment Valuation Services.
Based in the Firm’s Chicago office and with over 16 years of experience, Fernando specializes in appraisals of tangible assets in both domestic and international valuation projects. These appraisals are performed for a variety of purposes, including litigation support, financial reporting, cost segregation studies, personal property tax, insurable values and asset based lending. Fernando has extensive expertise working in a variety of industries including energy (traditional and renewable), telecommunications and data centers, manufacturing, food production, healthcare, and transportation. Fernando has even appraised a telecommunications satellite that was orbiting in outer space.
“Fernando’s expertise and focus in this area is an absolute game-changer, not only for our practice, but more importantly for our clients,” said Patricia McGarr, Principal and National Director of Valuation Advisory Services. “The appraisal of machinery and equipment has become a hot issue for many CFOs, especially those in the energy and manufacturing industries. Clients appreciate Fernando’s ability to effectively manage and execute these complex appraisals. We are thrilled to have Fernando spearhead our efforts in this exciting and timely new service area.”
Sosa adds, “Our team has a track record of helping clients achieve quantifiable results. Whether providing expert testimony in bankruptcy matters, or assisting companies to reduce their personal property tax liability, CohnReznick’s machinery and equipment appraisers help clients break through.”
Fernando is also fluent in Spanish and has performed appraisals for clients throughout the United States and for multinational clients in England, Spain, México, Panamá, Dominican Republic, Chile, El Salvador, Colombia, and Puerto Rico.
He is an Accredited Senior Appraisal (ASA) with The American Society of Appraisers holding a designation in Machinery and Technical Specialties as well as a Member of the Royal Institution of Chartered Surveyors (MRICS), and received his Bachelor of Science in Finance from Southeastern Louisiana University.
CohnReznick LLP is one of the top accounting, tax, and advisory firms in the United States, combining the deep resources of a national firm with the hands-on, agile approach that today's dynamic business environment demands. With diverse industry expertise, the Firm provides companies with the insight and experience to help them break through and seize growth opportunities. The Firm, with origins dating back to 1919, is headquartered in New York, NY with 2,700 employees in offices nationwide. CohnReznick is a member of Nexia International, a global network of independent accountancy, tax, and business advisors. For more information, visit www.cohnreznick.com.