- Financial Statement Audits
- Financial Statement Reviews and Compilations
- Yellow Book Audits
- FAR Audits
- Single Audits
- Form 990 and 990T Filings
- State Filings
- Establishing Tax Structure and Exemptions
- Crisis and Transition Plans
- Fraud Audits
- Internal Control Review
- Operational Reviews
- Training In-House Accounting Staff
- Outsourced Accounting Controllership Services
Who we serve
- Affordable Housing
- Social Service Providers
- Membership Organizations
- Private Foundations
- Other 501C3 Organizations
Current Non-Profit Industry Issues
Monthly, Quarterly or Year-End Closing Issues
With limited financial staff, regular financial closings can be delayed or lack the sophistication many donors and foundations require.
How to prepare: Our Outsourced Accounting Services group can provide highly-experienced financial professionals, either working under our direction or yours, to assist with both financial closings and other reporting. We can also advise your organization on financial reporting best practices for non-profits, along with best underlying systems. For more information, contact Terry Sherrill at email@example.com.
Yellow Book Audits
Non-profits with more than $750,000 in annual federal grants or awards are subject to audits governed by the General Accounting Office, which differ from most commercial audits.
How to prepare: Because of our Yellow Book experience, we can easily make the transition to a Yellow Book audit with minimal disruption to your regular operations and financial reporting. For more information, contact Laura Freudenberger at firstname.lastname@example.org.
Proactive Board Interaction
The contributions (literally and figuratively) of the board are vital to the effective operations of any non-profit.
How to prepare: Whether it entails regular meetings with a finance committee, review of financial records, compliance with external requirements, internal controls, or suggestions for improvement in the financial aspects of the NPO, we can share leading practices from our experience with other non-profits to ensure proactive planning and reporting for your organization. For more information, contact Laura Freudenberger at email@example.com
Fraud Prevention and Mitigation
The reputational risk of a fraud event in a non-profit can be devastating to fundraising activities for years. But oftentimes non-profits lack the infrastructure or experience to establish fraud prevention or mitigation processes.
How to prepare: Our services range from a high-level financial fraud analysis, to fraud investigations to recommendations on systems and processes to help prevent fraud events from occurring in the first place. These services are designed and priced for non-profits who want to both protect their fiduciary responsibilities yet protect themselves and their missions. For more information, contact Sheila Enriquez at firstname.lastname@example.org