Starting a nonprofit provides the community it will serve benefits and advantages, as well as, the individual(s) building the nonprofit. Typically, a 501(c)(3) nonprofit organization is formed to serve religious, charitable, educational, scientific or literary purposes. To be granted nonprofit … Read More
auditing services
Embarking on an audit is a strategic initiative that goes beyond routine checks—it's about ensuring the integrity, compliance, and financial health of your organization. Our auditing services are meticulously crafted to offer a comprehensive and collaborative approach, instilling confidence in stakeholders and contributing to the overall success of your business.
At the core of our auditing services is a commitment to accuracy. We meticulously examine financial statements, transactions, and internal controls to ensure they reflect a true and fair view of your organization's financial position. This commitment extends to compliance with regulatory standards, where our auditors navigate the complexities of industry regulations, ensuring your organization adheres to the necessary guidelines.
Our auditors bring a forward-looking perspective to the table. Beyond meeting compliance requirements, we aim to provide strategic insights that enhance efficiency, reduce risks, and fortify financial practices. It's not just about addressing current issues; it's about empowering your organization to navigate future challenges with confidence.
Communication is integral to our auditing services. We prioritize clear and transparent communication throughout the audit process, fostering an open dialogue that builds trust. Whether you're a business owner, board member, or executive, our goal is to provide insights that enable you to make informed decisions about the financial health and future of your organization.
Audits are not just about meeting regulatory obligations; they are an opportunity for improvement. Our collaborative approach involves working closely with your team, understanding your unique challenges, and tailoring our services to meet your specific needs. It's a partnership dedicated to achieving the highest standards of financial integrity.
Choose our auditing services for more than just assurance—choose a strategic ally committed to the success of your organization. Whether you're a small business, nonprofit, or large corporation, our auditors bring expertise, transparency, and a commitment to excellence to every audit. Let us be your partner in navigating the complexities of financial management and ensuring a robust financial future for your organization.
Tips for Writing Nonprofit Committee Charter
In addition to putting bylaws, policies & job descriptions in writing, a nonprofit committee charter is essential for detailing your current or future agenda. If your nonprofit does not currently have a board, begin by creating a committee for your charter topic. The creation of the committee … Read More
Tax Requirements for a Nonprofit Receiving Donations
Nonprofit work is incredibly rewarding, but in a sector that relies heavily on donor support, success relies heavily on the ability to demonstrate a return on investment. As your organization grows, private donors, foundations and government entities will likely request detailed accounting documents … Read More
Differences between a Public Charity and Private Foundation
Are you thinking of starting a nonprofit? Before you do, consider the Internal Revenue Service code, 501(c)(3), which governs nonprofit status. Nonprofits may be classified as either a public charity or a private foundation. The Differences between Public Charity and Private Foundation Public … Read More
Unrelated Business Income for Nonprofits
The tax codes surrounding non-profits can be difficult to understand. As a tax exempt organization, you're just exempt from paying taxes, right? Well, as with all things tax related, that depends. One such circumstance is whether or not your organization has UBI: Unrelated Business Income … Read More
Addressing Outstanding Audit Issues
Correcting the mistakes or changing policies will improve financial reporting, operational efficiency, and result in a smoother audit. Failure to address the audit findings may result in business operations disruptions and delay the issuance of the audited financial statements. Tips for Addressing … Read More
When a Nonprofit has Profit – How to use Surplus Cash
Balancing the budget for a nonprofit organization can be a difficult task especially since many are under the belief that you can't have a surplus at the end of the year. The truth is nonprofits can indeed make a profit and many do end the fiscal year with an excess in the budget. This occurs when … Read More
Nonprofit Guidelines for Keeping Accurate Fundraising Records
As nonprofit organizations recover from the rush of giving around the holiday season, many are left wondering how to appropriately keep accurate fundraising records. Along with maintaining the privacy of personal information and keeping fundraising data easy to access, organizations must also follow … Read More
California Tax Exemptions for Nonprofits
Many people assume that all nonprofit organizations are automatically exempted from all sales and use taxes. This is not necessarily the case. Organizations are subject to taxes unless there is a specific exclusion or exemption. Tax law is complex and ever-changing and varies from state to … Read More
The Nonprofit Board Member: Understand Your Responsibilities
Every corporation is required to have directors and officers. This includes public benefit corporations. Your nomination to the role of nonprofit board member is a tremendous honor, and also a great responsibility. As a board member of a nonprofit organization, you are subject to specific … Read More