Pete Kennedy

Director, CPA

Pete is a Director at Cover & Rossiter and the head of the Audit practice. He has developed an expertise in accounting, auditing and tax issues and is privileged to work with many of the region’s leading institutions. Pete is responsible for the firm’s quality control policies and procedures and ensures that Cover & Rossiter meets or exceeds all professional standards.

With over 25 years of experience in the accounting field, in addition to his experience with nonprofits, Pete has worked in many diverse fields including manufacturing, construction, and professional and financial services. Prior to joining Cover & Rossiter, Pete worked for three years with a regional accounting firm in Philadelphia and for three years with a medical equipment manufacturer as a cost accountant (he has since recovered).

A 1985 graduate of Clarkson University, Pete holds a Bachelors degree in accounting and currently holds active licenses in both Pennsylvania and Delaware. He is affiliated with both the Pennsylvania Institute of Certified Public Accountants and the American Institute of Certified Public Accountants.

Pete previously served on the Financial Accounting Standards Board’s (“FASB’s”) Not-For-Profit Financial Statement Project Resource Group. This is a national group of 20 individuals recognized for their not-for-profit accounting expertise that the FASB will have ongoing consultations with to improve not-for-profit financial statements. Under Pete’s direction, Cover & Rossiter regularly follows and responds to FASB exposure drafts which have the potential to impact our nonprofit clients.

Pete is a Trustee of Christiana Care Health System and recently completed a six-year term as a member of the Finance Committee. Additionally, Pete is a member of the Audit and Compliance Committees of the Delaware Community Foundation, the Board of Directors of the Delaware College Scholars, the Board and the Audit and Governance Committee of the Delaware State Employee Benefit Plans Management Board (which Pete chairs), and the EastSide Charter School Citizens’ Budget Oversight Committee.

Pete is retired from the Navy Reserve after twenty-two years of service (six years of active duty and the last sixteen as a Reservist). He enjoys spending time with his family and volunteers as an assistant baseball coach and as a cash counter for his church.