
MICHAEL B. KLEINCPA, MBA
Mike Klein is a Partner in Ciuni & Panichi, Inc.’s Audit and Accounting Services Department. He graduated magna cum laude from Cleveland State University in 1987 with a major in accounting. In 1991, Mike earned his master of business
administration degree with an emphasis in finance from Cleveland State University. Prior to joining the firm in 1995, Mike gained experience in the audit department of an international accounting firm.
Mike oversees the firm’s Not-for-Profit Group. He has extensive experience in this market segment and with the accounting issues that directly impact 501(c)(3) corporations and other not-for-profit organizations. He is experienced in
performing audits in compliance with Government Auditing Standards and generally accepted auditing standards. He has the overall responsibility for the engagement from preliminary planning and fieldwork to the issuance of financial statements and management recommendation letters. Mike serves as the final reviewer and signer of the majority of the firm’s Form 990 preparation services.
He is also responsible for the planning and performance of Uniform Guidance (federal funds) and program-specific audits and issuance of the related reports on internal controls over compliance requirements, compliance with terms and provisions of contracts, awards, and grants. He reviews the tax returns for these clients that include social service agencies, religious organizations, social clubs, museums, labor unions, educational foundations, and private foundations, among others. Mike devotes significant attention to advising the firm’s not-for-profit clients on a variety of matters, including financial statement presentation options, cost reporting, cost-effective internal control solutions, and
organizational assessments, among others.
Mike is a member of several professional and civic organizations:
• Member of Leadership Cleveland Class of 2022
• American Institute of Certified Public Accountants
• Ohio Society of Certified Public Accountants
• Geneva Group International
• Cleveland State University Foundation – Board Chair
• Cleveland State University – Board Member
• Cleveland State University Accounting Advisory Board
• Jewish Family Service Association – Board Member (Audit Committee Chair)
• Jewish Federation of Cleveland – Audit Committee Member
His prior service to the community includes:
• Ohio Society of Certified Public Accountants – Member of Executive Board and Vice Chair of Finance; Audit Committee Chair
• United Way Services of Greater Cleveland – Member of the Organizational Assessment Committee
•Center for Cognition and Recovery – Past Board Chair