Kaitlyn S. Coburn, CPA

Senior Manager

(541) 687-1170 kcoburn@kernuttstokes.com
Oregon State University Bachelor of Science, Accounting, cum laude
"Nothing is impossible, the word itself says I'm possible."
- Audrey Hepburn

A native of Junction City, Oregon, Kaitlyn graduated from Oregon State University. After graduation, she initially worked for a Big Four firm in Portland before joining Kernutt Stokes in 2015.

Kaitlyn chose a career in accounting because she enjoys working with others to solve problems and in a field where “no two days are the same.” With her energetic and enthusiastic personality, Kaitlyn leads Kernutt Stokes’ construction niche team and serves as the firm’s “A&A futurist,” where she looks for potential technology, software, and innovative solutions to help the firm increase efficiency and better serve its clients. Additionally, she is a part of the Social Committee and KS Wellness Committee.

Kaitlyn and her husband Teddy live in Tacoma, Washington with their daughter Evelyn and their chocolate lab. She stays active by coaching and playing soccer, boating, skiing, hiking, and cooking. She proudly says she is a “true northwest gal” and loves the rain.

Professional Designations and Licenses

Certified Public Accountant, Oregon & Florida

Memberships

Awards and Recognition

Cal Poly Humboldt State, soccer team starter

6 Advantages to Having a CPA in the Construction Sector

by Kaitlyn Coburn |
In the fast-paced and complex world of the construction industry, success depends not only on solid engineering and skilled labor but also on effective financial management. This is where a certified public accountant (CPA) plays a pivotal role.

LIBOR Transition Regulations

by Kaitlyn Coburn |
On March 5, 2021, the ICE Benchmark Administration (IBA) announced that publication of overnight, one-month, three-month, six-month and 12-month USD LIBOR will cease immediately. To address the elimination of LIBOR, the IRS proposed regulations, which were then finalized on December 30, 2021.

FASB Modifies Risk-Free Discount Rate Practical Expedient for Lessees That Are Not Public Business Entities

by Kaitlyn Coburn |
The FASB issued ASU 2021-091 (“Update”) to amend the level at which private company lessees can elect the risk-free rate accounting as a practical expedient. Under the new standard, lessees can make this election by asset class rather than the current “all-or-nothing” approach for all leases.