Michael L. McNee's Areas of Practice:
Audit and Tax
Consulting
Nonprofit Industry
Government-funded Organizations
 
 
Michael L. McNee is Licensed in:
New York
 

Michael L. McNee, CPA
Partner

Manhattan
622 Third Avenue
New York, NY 10017-6701
Phone: (212) 503-8954
Fax: (212) 503-8953
mmcnee@markspaneth.com
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Michael L. McNee, CPA, is the Partner-in-Charge of the Nonprofit and Government Services Group at Marks Paneth & Shron LLP. He is also a member of the firm’s Operating and Executive Committees.

As the Partner-in-Charge of the Nonprofit and Government Services Group, Mr. McNee oversees the group’s day-to-day operations as well as develops strategy, sets policy and acquires and develops talent. In addition to his managerial duties, he maintains client responsibilities and frequently represents the firm in presenting to boards of directors. His specialties include audit and tax for a wide variety of nonprofit entities, including third-party government-funded organizations as well as those that are contribution-based. As a member of the firm’s Operating and Executive Committees, Mr. McNee provides input into the firm’s strategy and assists in setting policy and providing oversight.

Having approximately 30 years of experience dedicated to exempt organizations, Mr. McNee has served in public accounting as an auditor and advisor to numerous organizations. He also has the distinction of having partner-level experience in both global and regional professional services firm environments. While in college, Mr. McNee worked part time in a social service agency with the developmentally disabled. This experience of being a “direct care worker” proved to be formative in his decision to concentrate in the nonprofit industry.

Mr. McNee is a member of the American Institute of CPAs and the New York State Society of CPAs (NYSSCPA). He has held several leadership positions with the NYSSCPA. Mr. McNee has served on its Nonprofit Organizations Committee for over a decade and is also a past committee chairman. He also chaired that committee’s annual nonprofit conference several times and has spoken at this premier event on various matters including: Form 990, fraud, board governance in the current regulatory environment, consolidations and due diligence in mergers of nonprofits. During his tenure as Chairman, he was involved in a number of task forces dealing with issues relating to the nonprofit sector including: the FASB’s Consolidation Exposure Draft, the New York Bar Association’s Endowment Fund Appreciation/Depreciation recommendations and the New York State Consolidated Fiscal Report Working Group. He has also been previously active in the NYSSCPA’s Health Care Institutions Committee.

Mr. McNee also served on the NYSSCPA’s Audit Committee, which oversees its annual external audit on behalf of its 30,000 plus members. Mr. McNee was also appointed to the recently formed NYSSCPA senior policy committee entitled the Quality Enhancement Policy Committee (QEPC. The mandate of the QEPC is to evaluate the peer review process for members and couple that evaluation with ethics policies in order to drive change in the profession’s approach to peer review and other matters. Mr. McNee is also a past recipient of the NYSSCPA’s Outstanding Discussion Leader Award.

A prominent industry thought-leader, Mr. McNee has written articles for a number of publications, including the CPA Journal, the Foundation for Accounting Education, and the Association Executive and has served as a past Editor of the NYSSCPA’s newsletter, entitled the Consolidated Fiscal Reporting Bulleting.

He has presented to industry organizations on a number of occasions on topics relating to the nonprofit sector, including board governance in a Sarbanes-Oxley world, consolidation and due diligence in mergers of nonprofits, and fraud and mismanagement avoidance.

Over the years, Mr. McNee has donated his time and expertise to charitable organizations as a volunteer, helping to run Special Olympics events and serving on Boards of charities.

Mr. McNee holds a Bachelor of Business Administration in accounting from Pace University. He is licensed to practice in New York.