Jennifer M. Culotta

CPA

Audit Senior Manager 

A Senior Manager in Blackman Kallick’s Not-for-Profit Practice, Jennifer supervises many of the firm’s largest not-for-profit assurance and attestation engagements, including social service organizations, arts and cultural institutions, professional associations, and foundations.

Drawing on years of experience and deep expertise in not-for-profit accounting principles, Jennifer serves her clients by:

• Managing audit engagements in accordance with Generally Accepted Accounting Principles and Government Auditing Standards
• Delivering insights to finance and audit committees to improve fiscal oversight, governance policies, and internal controls 
• Evaluating an organization’s capacity to comply with the rules and regulations required by OMB Circular A-133
• Sharing new standards and leading practices in not-for-profit management during Blackman’s annual Accounting and Auditing Update

Not-for-profit organizations are experiencing an unprecedented level of scrutiny. Jennifer works with them to establish the required level of fiscal oversight and governance while making the most of the resources at their disposal. She often participates as an advisor in their finance committee meetings, offering suggestions to restructure approval processes and strengthen overall internal controls.

Jennifer respects and appreciates the difference not-for-profit organizations make. She spends time with them year-round, getting to know their missions, the people that carry them out, and the communities they serve. Building this understanding of the organizations from the inside out allows Jennifer to offer the insightful advice and guidance that helps them achieve their missions.

Credentials and Professional Involvement

Jennifer serves on the Illinois CPA Society Ethics Committee. An active member of the not-for-profit audit community, she was chosen by the American Institute of CPAs as a discussion leader, training CPAs across the country on not-for-profit topics. She contributes to the continuous education of Blackman Kallick audit staff through classroom and on-the-job training and development of not-for-profit training guides.

Jennifer earned a BBA in Accounting from the University of Illinois at Urbana-Champaign.

Articles by Jenny Culotta

• Insights from Not-for-Profit’s Accounting and Auditing Update 2011
• Recovery Act Recipients: Understand Your Record-Keeping and Reporting Obligations

News about Jenny Culotta

• Culotta Presents at the Ohio Society of CPAs
• Culotta Presents at the Wisconsin Institute of CPAs—Madison Chapter
• Culotta Presents at RAFFA
• Blackman Kallick’s Accounting and Auditing Update