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| Not-for-Profit Service Area |
An important segment of our practice is serving the not-for-profit industry. We are familiar with the special
issues not-for-profits face such as tax-exempt status, pooled investments, endowment fund accounting, donor
designated funds and charitable remainder and lead trusts. Examples of our NFP clients include foundations,
United Way supported agencies, private schools, trade and alumni associations, and voluntary health and
welfare organizations. Our professionals have vast experience in providing assurance and advisory services
to not-for-profit organizations. Each of our partners and members on our not-for-profit team has experience
in serving this industry.
By keeping up to date with the latest issues in accounting and financial management, we advise our clients on
management, office procedures and technology that would benefit their organization. It is very important to us
to maintain a close and constructive relationship with our clients so that we can continue to make the
appropriate, informed recommendations they will need as their organization grows.
Areas of specialty include:
- Designing and implementing fund accounting systems
- Implementation of SFAS Nos. 116, 117 and 124
- Audits under Government Auditing Standards
- Single audits and OMB circular A-133 reporting
- Preparation of Form 990
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