Our Services

The Accounting and Financial Services You Need

Here is a breakdown of the exclusive consulting services that we offer for our non-profit and for-profit clients.

Services for
Non-Profit Organizations

Initial Set-Up and On-Boarding

Review your organization’s historical data

Redesign your Chart of Accounts (COA) according to industry standards

Review and edit transactions from the previous fiscal year to match the new COA

Transition entities to accrual basis if this is deemed necessary

Transition from QuickBooks Desktop to QuickBooks Online (QBO)

Accounting

Ensure that all transactional data is entered correctly into QBO

Reconciliation of all monthly bank and credit card accounts

Accuracy check for all income and expense accounts ensuring accrual basis is reflected in accordance with accounting principles

Accuracy check of balance sheet accounts, including accounts receivables, grants receivables, accounts payables, fixed assets, and equity accounts

Provide standard monthly and ad-hoc financial reports

Financial Planning and Analysis

Assess, recommend, and implement best practices to strengthen fiscal and operational controls and processes

Recommend process improvements to create greater efficiency and relevancy of information through system integrations and automation

Examine workflow processes to ensure proper separation of duties

Prepare internal policies and controls document

Review cost-sharing agreements between entities annually to ensure the work of each entity is adequately represented and the agreement is based on the best industry practices

Review of operational expenses to determine if cost savings are available

Budgeting Process Assistance

Develop an annual budgeting process, including a timeline and milestones

Develop a budget tool and a multi-year financial scenario model for revenues and expenditures to include 1-year and 5-year projections

Assist in preparing budgets for grant proposals

Grant Tracking and Reporting Management Assistance

Create processes to ensure new grants are analyzed for restrictions and income is reported accurately in financials

Create a methodology for allocating payroll expenses to restricted grants

Development of processes to track grant expenses for real-time reporting of grant fund usage and the remaining balance

Support for grant reporting to funders

Tax Services

Preparation of business financials for an annual audit, ensuring financial data is prepared in accordance with accounting standards

Assist with accounting and auditing firms during 990 preparations and annual audit

Preparation and distribution of annual 1099 forms