2023 not-for-profit and higher education accounting and tax update

Participants of the free live webinar will be eligible for 2 CPE credits.

Register

This annual webinar includes an overview of key accounting and tax issues for NFP organizations, colleges and universities.

Our experienced team will provide updates on the Inflation Reduction Act (IRA), Employee Retention Credit (ERC) and adoption of the Current Expected Credit Losses (CECL) standard and share lessons learned from helping clients implement the lease accounting standard (ASC 842). We will also discuss various revenue scenarios we are seeing across NFP organizations and the accounting and tax impacts.

Learning objectives

After attending this webinar, you will be able to:

1. Discuss the latest IRS updates on the IRA and ERC and how these programs impact your organization
2. Better navigate the CECL requirements and identify some examples
3. Describe not-for-profit revenue scenarios that could impact your organization and how to prepare for them
4. Explore the top five tax issues not-for-profit organizations are facing in 2023
5. Identify key tax and accounting standard developments that are on the horizon in 2024

Who should attend

Executive leadership and accounting and finance professionals, including CEOs, CFOs, COOs, controllers, audit and finance committee members and board members of any type of not-for-profit organization or higher education institution.

Speakers

• Karen Gries, CPA, Director – Exempt Tax Advisory
• Colette Kamps, CPA, Partner
• Karen Lord, CPA, Senior Manager
• Catherine Petercsak, CPA, Senior Manager
• Allison Webb, CPA, Director (moderator)

There are no prerequisites for this event, and advance preparation is not required. There is no cost to attend this event.

Level: Basic

CPE credit: Two (2) hours total credit

Field of study: Accounting; Tax

A certificate of completion will be emailed to you four to six weeks following the event.

For more information regarding administrative policies such as complaint and refund policies, please email learning@bakertilly.com.

Baker Tilly is registered with the National Association of State Boards of Accountancy as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: nasbaregistry.org.