Terri M. McKnight, CPA

Nonprofit Audit Partner and Director of Audit

Biography

Ms. McKnight has worked in accounting and auditing since 1989, with a primary focus in auditing and consulting for organizations within the nonprofit industry including private voluntary organizations, trade and membership associations, international non-governmental organizations (NGOs), community-based entities, museums, private foundations and other charitable institutions. Her responsibilities include managing all phases of the nonprofit audit and consulting engagements, assisting numerous organizations in the development of accounting policies and procedures, and working with Boards of Directors to establish good governance practices. Ms. McKnight works locally, nationally and internationally on behalf of her clients and serves as the firm’s representative to the AICPA Governmental Audit Quality Center.

As director of the audit department, Ms. McKnight oversees quality control, recruiting, training and development. She frequently writes and presents on various topics to the nonprofit community including OMG Grant Reform: 2 CFR 200 ‘Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards’, keys to a successful audit, minimizing fraud opportunities in nonprofits, the new FASB regulations and others.

Education and Certifications

  • B.S. in Accounting, Christopher Newport College

Professional Affiliations

  • American Institute of Certified Public Accountants (AICPA)
  • American Society of Association Executives (ASAE), Finance & Business Operations Section Council
  • Christopher Newport University (CNU) Board of Visitors, Board Member (appointed by Virginia Gov. Terry McAuliffe)
  • CNU Educational Foundation, Board Vice President
  • Greater Washington Society of CPAs (GWSCPA)
  • Maryland Association of CPAs (MACPA)
  • Ovarian Cancer National Alliance, Former President and Treasurer
  • Virginia Society of Certified Public Accountants (VSCPA)