Before the COVID-19 outbreak, nonprofit sponsor of all sizes had plenty of flexibility when it came to choosing which causes and charities to sponsor. However, the beginning of the pandemic forced many nonprofits to ramp up operations quickly under the mandates enacted because of the “new … Read More
California nonprofit audit
Navigating the financial landscape of a California nonprofit? Look no further – our California Nonprofit Audit services are here to provide clarity and assurance. Nonprofits play a crucial role in building communities, and ensuring financial transparency is key to their success.
Our dedicated team of auditors specializes in California nonprofit regulations, offering a tailored approach to meet the unique challenges of the Golden State. A California Nonprofit Audit goes beyond a regulatory necessity; it's a strategic tool to enhance your organization's credibility and effectiveness.
What sets our audit services apart is our commitment to understanding the specific needs of your nonprofit. We dive deep into your financial records, scrutinizing transactions, internal controls, and compliance processes. Our goal is not just to ensure compliance but to provide insights that empower your nonprofit to thrive.
California's nonprofit sector is dynamic, and regulatory requirements can be intricate. With our expertise, you can navigate these complexities with confidence. Stay ahead of changes, mitigate risks, and build a foundation of financial integrity that resonates with donors, stakeholders, and the community you serve.
Beyond the audit, we foster a collaborative relationship. Our team works hand-in-hand with your organization, offering guidance on best practices and strategic financial management. We understand the importance of your mission, and our California Nonprofit Audit services are designed to support your journey toward greater impact.
In a state known for innovation and progress, your nonprofit deserves audit services that reflect that spirit. Let us be your partner in financial stewardship – ensuring not only compliance but also the strength and resilience of your organization. With our California Nonprofit Audit services, embark on a path of financial transparency and organizational success.
Nonprofits Shouldn’t Venture Abroad Without a Map
After conducting a California nonprofit audit, you learn your organization is in a strong financial position to consider broadening its reach internationally. Charitable organizations help nations improve society, from housing the homeless to finding new ways to use sustainable products. Although … Read More
California Nonprofits Must Prioritize Common Interests in Their Associations
If your nonprofit is a 501(c)(6) organization, your associations could threaten your tax-exempt status if they aren’t prioritizing common interests of the organization. California nonprofits audit and tax service providers urge you to ensure compliance with IRS rules by routinely reviewing your … Read More
Transitioning Your California Nonprofit Fundraising from Ad Hoc to Ongoing
When your California nonprofit started up, your fundraising likely started as an ad hoc process, with intense campaigns followed by slow periods. As your nonprofit grows its operations and adds staff, support and volunteers, you’ll feel an increasing need to make your fundraising ongoing. However, … Read More
Are Your California Nonprofit’s Sponsorships and Advertising Taxable?
If your nonprofit accepts advertising or sponsorships that aren’t related to your tax-exempt mission, you're at risk of unrelated business income tax (UBIT) liability. These types of support have complicated rules that California nonprofit audit providers can help you understand. You still should … Read More
What Nonprofit Board Members Must Know About Fiduciary Duties
Your California nonprofit’s board members need more than deep-seated dedication and belief in your cause and programs. To be a good board member, California nonprofit audit providers emphasize they must be a fiduciary. Fiduciaries are people who can be trusted to always act in the best interests of … Read More
Ensuring Your California Nonprofit is Complying with Federal Procurement Requirements
If your California nonprofit accepts federal funding, it must comply with “Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.” This Uniform Guidance has recently been updated and amended in 2020. If your nonprofit hasn’t reviewed its procurement policies … Read More
How Nonprofits Can Plan to Limit Disaster Damage
Most nonprofits weren’t prepared for the scale of the COVID-19 pandemic. As your California-based organization dusts itself of this generational event, don’t return to the operations of the past. Now that your nonprofit’s weaknesses are revealed, you can strengthen it to prevent vulnerability to … Read More
The New Accounting Rules for Gifts in Kind
California nonprofit audit providers want you to know that new accounting rules are taking effect soon. If your nonprofit accepts contributions of nonfinancial assets like land, services, and supplies, you should be familiar with the updated Financial Accounting Standards Board (FASB) rules. Stay … Read More
Rebuilding Your Nonprofit’s Operating Reserves After COVID
2020 has put a dent into the reserves of many nonprofits. If your nonprofit was affected, you might have tapped into reserves to buy protective equipment or pay staffers’ salaries when your budget didn’t prove adequate. As COVID wanes and the economy improves, your nonprofit needs to strategize how … Read More