Michael McNee, CPA

Partner-in-Charge, Attest Services, Co-Partner-in-Charge, Nonprofit, Government & Healthcare Group

Manhattan
685 Third Avenue
New York, NY 10017
Phone: (212) 503-8954
Fax: (212) 503-8953
mmcnee@markspaneth.com

About

Michael McNee, CPA, is the Partner-in-Charge of Attest Services  and Co-Partner-in-Charge the Nonprofit, Government & Healthcare Group at Marks Paneth LLP. He is also a member of the firm’s Executive and Management Committees.

In these roles, Mr. McNee is responsible for overseeing the execution of the firm’s audit and attest services and directing the operations of the Nonprofit, Government & Healthcare Group. He develops strategy, sets policy and acquires and develops talent. In addition to his managerial duties, Mr. McNee maintains client responsibilities and frequently represents the firm in presenting to boards of directors. He advises his clients on all facets of accounting and tax issues. He serves a wide variety of nonprofit entities, including third-party government-funded organizations, as well as those that are contribution-based.

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 had served on its Nonprofit Organizations Committee for over a decade and is its past Chairman. He also chaired that committee’s annual nonprofit conference several times and has spoken at this premier event many times on various matters including: Form 990, fraud, board governance in the current regulatory environment, consolidations and due diligence in mergers of nonprofits and NYPMIFA. 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 NYSSCPA’s senior policy committee, Quality Enhancement Policy Committee (QEPC), upon its formation. 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 (CFR) Bulletin.

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 and other nonprofit institutions.

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

Education

Pace University, Pleasantville, NY
Bachelor of Business Administration
Major: Accounting

Professional Memberships

American Institute of Certified Public Accountants
New York State Society of Certified Public Accountants
Former Member, Nonprofit Organizations Committee

Other Affiliations

Volunteer, Special Olympics
Former Board of Trustees, Nyack Hospital
Member, Financial Accounting Standards Board, Project Resource Group (PRG)

Practice Areas

Accounting and Auditing
Consulting
Nonprofit Industry
Government-funded Organizations

Licensed In

New York and Florida


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