Latest Developments in Government and Not-for-Profit Accounting and Auditing 2017

Theresa (“Terry”) Creeden, CPA

After graduating magna cum laude from Stonehill College in 1980, Terry Creeden began her career with the Commonwealth of Massachusetts. Working for the Department of Public Welfare, Provider Review and Sanctions Unit, she participated in audits and reviews of Massachusetts nursing homes and the trustee accounting of patient funds. In January 1986, Terry transferred to the Massachusetts Rate Setting Commission. She first served as the Chief Auditor, Bureau of Long-Term Care, and then as the Chief Auditor, Bureau of Social and Mental Health Services. During her service to the Commonwealth, she participated in the development and use of various cost reports and Uniform Financial Statements. She assisted the Massachusetts Office of the Attorney General in investigations and compliance.

Terry has focused her continuing professional education in the accounting, auditing, and tax areas for not-for-profit entities. She has completed the Certificate of Educational Achievement program for Governmental Accounting and Auditing. Terry is a member of the American Institute of Certified Public Accountants (AICPA) and the Massachusetts Society of Certified Public Accountants (MSCPA). In addition, she is a former member of the Board of Directors and past chairperson of the Not-For-Profit Committee of the MSCPA. She continues to serve on its Continuing Education Committee and Not-For-Profit Committee. Terry is a frequent instructor of MSCPA- and AICPA-sponsored non-seminars. She won the AICPA Society Outstanding Instructor Award for 1995 and 1996.

Terry joined the firm of Sandberg & Gonzalez in December 1989 and was accepted as a partner in July 1993. Terry is licensed to practice public accounting in Massachusetts and Rhode Island. Utilizing her extensive knowledge and experience, she supervises and participates in numerous reviews, audits, “Yellow Book Audits,” and “A-133, Single Audits.” In addition, she provides various consulting services to the community as well as technical assistance to fellow professionals.