Lee Klumpp, CPA
Lee Klumpp, CPA, is a National Assurance Technical Partner with BDO Seidman, LLP’s Assurance Division and BDO’s Institute for Nonprofit Excellence. He is based in BDO’s Bethesda, Maryland office. Prior to joining BDO Seidman, Lee worked in the audit practices of Ernst and Young, LLP and KPMG.
His representative clients included Children’s National Medical Center, Elizabeth Glaser Pediatric AIDS Foundation, American Cancer Society, World Wildlife Fund, National Wildlife Federation and United Way of America. His experience includes: Planning, performing and supervising a wide variety of financial statement and pension plan audits; Analyzing internal controls and policies, and writing accounting policies and procedures manuals; Working with organizations with multiple nonprofit and for-profit entities; Significant expertise in compliance auditing of organizations receiving federal financial funding in accordance with Office of Management and Budget (OMB) A-133, A122 and A-110.; Preparing, reviewing and auditing indirect cost rates proposals; Presenting audit reports and management letters to Boards of Directors and Audit Committees.
Lee is an accomplished speaker who has presented on numerous occasions on a variety of issues relating to nonprofit organizations through the Greater Washington Society of CPAs, the Virginia State Society of CPAs, American Institute of Certified Public Accounts as well as internally developed programs for continuing professional education programs for the firms that he has worked.