New AICPA Not-For-Profit Section to Provide Key Resources
As a member of the new AICPA Not-for-Profit Advisory Council, I have been privileged to participate in planning for the new section. The objective is to provide the not-for-profit sector with informational resources, tools, webinars, email alerts on breaking news, notifications on new regulatory guidance, and more. The focus will be on four critical areas for not-for-profits:
- Financial reporting
- Tax compliance
The AICPA is also planning to introduce a Not-For-Profit certificate program that will focus on nonprofit governance, audit, accounting, financial reporting, tax, and organizational risk issues.
The association plans to open membership in the section this spring. All AICPA members and affiliate and associate members are eligible. In addition, leaders of nonprofit organizations can become eligible for membership by joining the AICPA as non-CPA associate members. We will also share key information and relevant insight as provided.
If you have any feedback or questions about the new AICPA Not-For-Profit Member Section, please let us know in the comments.
Dave serves as Partner and is dedicated to meeting client needs in the exempt organization tax arena through review of client returns, consulting engagements, training, and the compilation of the annual CapinCrouse Higher Education Tax Reporting Trends Project. He has 30 years of accounting experience and serves several industry committees, including the AICPA Not-for-Profit Advisory Council. Dave has also served on the IRS Advisory Committee on Tax Exempt and Government Entities (ACT).