GHJ hosted its annual “Nonprofit Accounting and Tax Update” on May 13, 2021. The expert panel shared resources and best practices regarding recent tax and accounting changes impacting the nonprofit industry.

Watch the recording to learn how they affect your organization and what your team needs to know to prepare for the future.

TOPICS:

• Tax
  • Form 990 changes
  • IRS examinations
  • PTO structuring considerations
• Accounting
  • CARES Act provisions:
    • Paycheck Protection Program
    • Employee Retention Tax Credit
  • New accounting standards:
    • Contributed Nonfinancial Assets
    • Collections
    • Leases
  • Revenue recognition in practice
  • Internal controls and cybersecurity
  • Single Audit applicability

SPEAKERS:

• Moderator: Donella Wilson (Partner, GHJ)
• Panelists:
  • Mark Kawauchi (Managing Director, GHJ)
  • Lizbeth Nevarez (Managing Director, GHJ)
  • Yulia Murzaeva (Senior Manager, GHJ)

MATERIALS:

• Click here to watch the video recording
• Click here to view the slides