Henry Krostich

Henry Krostich is a Director of Fuoco Group, a multi-office, multi-state full service accounting and consulting firm providing expert assurance services, accounting, strategic advisory services, estate and trust accounting, tax planning and preparation, litigation support, and forensic and fraud auditing services.

Henry began his accounting and auditing career in 1977, after completing his Masters degree from the School of Professional Accountancy of Long Island University (C.W. Post Campus), with the Small Business Department of Haskins & Sells (now Deloitte & Touche). He also served as senior supervising accountant with a regional CPA firm and had his own accounting practice before joining his father and brother Andrew in their firm, Krostich & Krostich in 1989.

Henry is the third generation of his family to be a member of the accounting profession. One of Henry’s desires is to give back to the profession that has been so kind to the Krostich family, motivating him to the active role he has taken on local, state and national levels.

Henry brings a combination of entrepreneurial, and small, regional and national accounting firm experience to the table. His experiences in the business world and his service to the profession on two standard-setting, senior technical committees of the American Institute of Certified Public Accountants (AICPA) allow Henry to provide quality control support services to the firm. During his professional career, he has provided a variety of accounting, tax and auditing services to a wide range of clients, including those in the wholesale, manufacturing, retail, service and not-for-profit sectors.  

Henry is a current member of the New York State Board of Accountancy, which is responsible for the regulation of the profession in New York State.

  He is a member of the American Institute of CPA's, the New York State Society of CPA's and the National Conference of CPA Practitioners. He is a qualified team captain under the AICPA Peer Review Program and as such, has reviewed the accounting and auditing practices and quality control systems of 60 other accounting firms. He has served on the AICPA's Peer Review Board and has been appointed to another term beginning Winter 2011, as the Representative of the Nation’s State Boards of Accountancy. In addition to the Peer Review Committee of the NYSSCPA (13 years, including three years as its chair), the AICPA Accounting and Review Services Committee, which is responsible for setting the profession's standards for accountants reporting on compiled and reviewed financial statements and has represented New York State on the AICPA Council. He has also served as an Adjunct Assistant Professor of Accounting at Hofstra University.  

Henry is married and lives in Great Neck, NY with his wife Sherry. They also have two adult children and five grandchildren. He is a former Boy Scout leader and currently serves as a board member of the Great Neck United Community Fund and is the founder and chair (for 15 years) of the Long Island Gold Coast Triathlon, a fund raising event for the Great Neck United Community Fund.