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    The ability to quickly analyze business conditions and needs is what you should expect of industry specialists. CohnReznick has the right team for you. Deep institutional knowledge, global perspective, and comprehensive technical skills enhance our industry-centered solutions.

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    • Consumer & Industrial

      Technology continues to transform consumer and industrial company operations– from customer relationship management to global supply chain logistics. CohnReznick helps you improve financial systems, access and leverage growth capital, and employ new business processes to drive competitive advantage for your operations and your brand.

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    • Financial Sponsors & Financial Services

      Value creation is job one for investment management firms. To succeed, you must cultivate growth from every transaction –acquisition through exit – while addressing numerous regulatory and financial reporting requirements. From SEC compliance through advancing digital platforms to improve workflow and asset analysis, CohnReznick is your trusted advisor.

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    • Life Sciences & Healthcare

      Businesses that extend lives and improve well-being have limitless potential. They also face many financial and operational hurdles – from funding growth initiatives to keeping pace with healthcare reform. CohnReznick provides accounting, tax, and advisory services that support innovation –whether you are adapting to a new VBP model or preparing for an IPO.

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      In a highly regulated industry, maintaining compliance is paramount to growth - whether conducting business with the government or fulfilling a charitable organization’s mission. CohnReznick helps you address stringent regulatory requirements, strengthen risk management, and advance the goals of your organization and the people it serves.

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      Whether commercial or residential, tax-incentivized or market rate, real estate remains a go-to industry for investors, developers, contractors, and lenders. With one of the most influential real estate practices in our industry, we help stakeholders deploy capital, leverage tax credits, structure and value portfolios, and achieve their ultimate vision for success.

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      Today's renewable energy industry is a complex and evolving landscape of growth and opportunity. Companies active in this sector face a range of financial, tax, and audit issues that can be best addressed by a firm with dedicated expertise in renewables. CohnReznick's Renewable Energy Industry Practice can help your business move forward by proactively addressing even your most complicated challenges and needs.

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Not-for-Profit and Education

Your organization holds a clear vision for a better future — but financial stewardship, risk management,  internal controls compliance, and reporting consume limited resources. CohnReznick provides solutions and peace of mind to not-for-profits. Working with hundreds of organizations nationwide, we help you enhance your governance, minimize risks, improve  controls and accountability and, ultimately, accomplish your mission.

For stewards of not-for-profit and educational organizations, CohnReznick is a reliable source of accounting, tax, and advisory expertise focused on the industry. We offer:

EXPERIENCE ACROSS DIVERSE NOT-FOR-PROFIT SECTORS

Our team has a strong track record among social service and charitable agencies, professional and trade associations, foundations, educational institutions, arts and cultural organizations, and religious organizations.

LEADING INSIGHT PROVIDER

Not-for-profit leadership often benefits from an outside perspective to enhance planning efforts. Understanding the industry’s best practices or having access to comparative data on your peer group provides context and useful benchmarks. Our specialists bring an objective view to your board and actively work with you as operational challenges surface — including compliance with changing accounting standards. We also publish educational materials and facilitate learning workshops designed for not-for-profit administrators, board members, trustees, and other stakeholders.

ACTIVE IN THE INDUSTRY

With decades of experience across the sector, our practice professionals are respected for their thought leadership and opinions on timely and consequential matters. As a strong industry voice, our participation at the national, state, and regional levels among industry associations, conferences, and think tanks is sought after, including:

  • American Society of Association Executives
  • Association of Independent Schools in New England
  • California Society of Association Executives
  • The Center for Association Leadership
  • Center for Nonprofit Advancement
  • Council on Foundations
  • Eastern Association of College and University Board Officers
  • Housing Association of Nonprofit Developers
  • Maryland Association of Nonprofit Organizations
  • National Association of College and University Business Officers
  • National Business Officers Association
  • NJSCPA Nonprofit Interest Group
  • Nonprofit Roundtable
  • Society of Nonprofit Associations
  • Various state nonprofit associations

CohnReznick’s integrated accounting, tax, and advisory capabilities form the foundation of our relationship. In addition, because we understand the intricate reporting challenges facing not-for-profit organizations, we have developed unique capabilities to serve the industry:

SUPPORT FOR NEW ACCOUNTING STANDARDS IMPLEMENTATION

Every not-for-profit must meet the requirements of the Presentation of Financial Statements of Not-for-Profit Entities (ASU-2016-14) issued by the Financial Accounting Standards Board (FASB).  Not-for-profits may also be required to adopt new standards for leases, revenue recognition, and other accounting rule changes imposed by FASB. CohnReznick will build comprehensive training and implementation strategies for your organization, work with you to draft, review, and revise pro-forma financial statements, and help prepare the requisite disclosures.

NOT-FOR-PROFIT TAX REQUIREMENTS

Obtaining and maintaining tax-exempt status is essential to organizations. CohnReznick provides specialized expertise in the compliance and reporting obligations of Form 990 or Form 990-PF and ASC 740 (FIN 48). We can also assist you with corporate structuring, state and local tax issues, Unrelated Business Income Tax (UBIT) and foreign tax compliance.

SPECIALIZED AUDITS

As part of our assurance offering, we provide financial, Yellow Book, OMB Uniform Guidance Compliance, HUD, CFR,  and DOE and other audits.

Related Services

  • Not-for-Profit Tax
  • Risk Management
  • Tax Credits
  • Technology & Digital
  • Attest & Audit
  • Management Consulting
  • Cybersecurity
  • Governance
John Alfonso
CPA, CGMA, Partner - Not-for-Profit & Education Industry Leader
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Not-For-Profits: What You Need to Know Related to the Tax Cuts and Jobs Act
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CohnReznick 2017 Not-for-Profit Governance and Financial Management Survey

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What Will You Find in the 2017 Not-For-Profit Governance and Financial Management Survey?
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How to Ensure Financial Sustainability In Your Not-for-Profit Organization
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What to Do Before Disaster Strikes: Business Continuity Planning for Not-for-Profits
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Consumer & Industrial
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