Enis Bezhani, CPA, MSA
Enis has extensive experience providing audit, tax, and advisory solutions to sophisticated nonprofit organizations, including: charter schools and charter management organizations (CMOs), community development corporations (CDCs) and their affordable housing projects, arts and cultural organizations, and foundations and grant-making organizations. He specializes in directing teams in performing financial statement audits in accordance with Uniform Guidance/Single Audit and Government Auditing Standards, as well as those with U.S. Department of Housing and Urban Development (HUD), and Massachusetts Uniform Financial Statement (UFR) compliance requirements.
Enis advises AAFCPAs’ nonprofit clients on achieving regulatory compliance, and establishing best practice internal controls over financial reporting. He also advises clients embarking on capital campaigns to ensure the “ask” in marketing collateral and the accounting treatment coincide with management’s desire. He provides guidance on accounting for endowments, including developing and evaluating investment and spending policies, designing reporting structures, and evaluating and improving internal controls over investment activities in line with the Uniform Prudent Management of Institutional Funds Act (UPMIFA).
Enis consults with CDC and affordable housing clients on real estate development projects, from pre-development and cost certifications at inception to exit planning. He provides: tax credit eligible basis analyses, and assistance with tax credit programs, such as Low Income Housing Tax Credits; cost certifications; tenant eligibility/compliance reviews; budgeting & cash flow analyses; and guidance on accounting for building and construction costs. He advises charter school clients on tax-exempt bonds, Qualified Zone Academy Bonds (QZABs), or other financing programs to assist with campus expansion. He also provides guidance in preparing the Massachusetts’ surplus revenue calculation for optimal result.
Enis provides proactive guidance to foundation and grant-making clients as they plan for, minimize, and monitor excise taxes and unrelated business income tax (UBIT). This includes monitoring distributions to achieve the lower tax rate of 1%, and strategies concerning investment sales transactions to mitigate significant excise taxes.
He has been serving AAFCPAs’ clients since 2008. He speaks English and Albanian.
- Worcester State University, Bachelor of Science – Business Administration, concentration in Accounting, magna cum laude
- Worcester State University, Master of Science in Management, with a concentration in Accounting (MSA)