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Richard A. Cole

Lecturer; Partner, FORVIS

Rick has more than 25 years of experience serving nonprofit organizations. He is Forvis Mazars’ Northeast Regional Industry Leader for Nonprofit, Education & Public Sector. Rick focuses on audits and advisory services for nonprofit and higher education organizations.</span>

Before joining the firm in 2019, he worked at FASB, where he served as a supervising project manager for almost six years. In that role, he was the project manager on Accounting Standards Update (ASU) 2016-14, Presentation of Financial Statements of Not-for-Profit Entities</span>; ASU 2018-08, Clarifying the Scope and Accounting Guidance for Contributions Received and Contributions Made</span>; and ASU 2019-03, Updating the Definition of Collections. He also was the coordinator for FASB’s Not-for-Profit Advisory Committee. Prior to joining FASB, Rick was vice president and controller at a large national museum in New York for seven years and a senior manager with a large international accounting firm where he worked for 14 years and specialized in audits of higher education institutions and other nonprofit organizations.</span>

Rick was a member of the AICPA’s Not-for-Profit Entities Expert Panel. He is a lecturer at Columbia University School of Professional Studies, in their Nonprofit Management program. He also has been a frequent speaker with NACUBO, EACUBO, the AICPA, and various state CPA societies.  He is a CPA in New York and New Jersey and is a member of the AICPA and NYSSCPA.

Courses:

  • NOPM PS5320: Nonprofit Financial Management

Education

  • M.B.A., Montclair State University
  • B.S., Montclair State University