Jakosz Appointed to AICPA’s Inaugural Not-For-Profit Advisory Council

AICPA recently appointed Frank Jakosz, a partner in Naperville, Ill.-based Sikich LLP’s (FY13 net revenue of $100 million) not-for-profit services practice, to its inaugural not-for-profit advisory council. Jakosz will serve alongside 12 other CPAs from across the country who have expertise in audit, accounting and reporting, tax and governance.

“I am honored to join such an elite group of thought leaders,” says Jakosz. “The members of this council have a wealth of knowledge and a passion for helping not-for-profits grow and succeed. I look forward to collaborating with my peers to help organizations of all sizes operate more efficiently and tell their financial story in a genuine, compelling way.”

The NFP Advisory Council will provide expert counsel, such as specialized guidance, tools, in-depth reports and a variety of resources, to those who serve the not-for-profit sector along with not-for-profits themselves. The Council will cover numerous topics, including governance, operations, accounting and reporting, audit and tax and compliance and regulatory issues.

Jakosz currently serves on AICPA’s technical standards subcommittee of the ethics division. He is also a member of the FASB not-for-profit resource group.

“Frank is the only council member from the Chicago area,” says Jim Sikich, CEO of Sikich LLP. “His lifelong commitment to serving not-for-profits combined with more than 42 years of public accounting experience will make him an invaluable addition as he provides best-in-class counsel and helps not-for-profits stay on the cutting edge of compliance and reporting.”