BDO is pleased to announce that Rebekuh Eley, tax senior director in Chicago and a member of the Nonprofit & Education practice, has been appointed to serve as associate member on the American Institute of Certified Public Accountants (AICPA) Exempt Organization (EO) Taxation Technical Resource Panel (TRP). In this role, she will contribute to important panel projects, including legislative and regulatory activities, as well as provide tools, information and counsel to other members in the practice regarding improvements to tax practices and procedures.
Eley becomes one of just 30 associate members in this influential group, where she joins BDO tax partner Jeff Schragg. Also an associate member, Schragg has served on the EO TRP for several years, and is active among a number of the AICPA’s nonprofit initiatives. He serves as an advisory council member for the AICPA’s new Not-For-Profit Member Section, and is a member of the Steering Committee for the AICPA Not-For-Profit Industry Conference.
Eley, Schragg and the rest of the panel are currently tackling various advocacy and member service projects, including the Corporate Governance task force, EO Accounting Method Change task force, EO E-Filings task force and Form 990 and Instructions task force. The panel also maintains a direct dialogue with the EO Commissioner of the IRS to inquire about IRS initiatives and focus for the year, as well as additional information and guidance from the agency.
“It’s an honor to be a part of such a great group of thought leaders and learn from their experience, as well as discuss the trends and changes within the industry,” said Eley. “I look forward to working both within the AICPA and in conjunction with the IRS to further advance their important EO initiatives.”
“We are very pleased to have Rebekuh join Jeff on this important industry panel,” said Bill Eisig, National Nonprofit & Education Practice Leader and National Director of the BDO Institute for Nonprofit Excellence. “This is an invaluable opportunity for these BDO professionals to not only grow their industry knowledge and better serve our clients, but also to make a meaningful difference in the nonprofit sector overall.”
BDO’s Neena Mash, assurance partner, was also recently appointed to the AICPA’s Not-For-Profit Task Force on Revenue Recognition, where she liaises with other members of the task force and coordinates with the AICPA to help nonprofit organizations apply the Financial Accounting Standard Board’s (FASB) new guidance on revenue recognition.