A financial statement audit is an independent examination of an organization’s financial reports and underlying records to determine whether they are fairly presented in accordance with accounting standards. The audit provides assurance to stakeholders that the financial information is accurate, reliable, and free of material misstatement.

A single audit is a detailed examination required for nonprofits and governmental entities that spend over a certain threshold in federal funds in a year. It combines a financial statement audit with a compliance review to ensure the organization is properly managing and using federal awards in accordance with regulations.

A financial statement review provides limited assurance through analytical procedures and inquiries, helping determine whether financial statements require material modifications without performing a full audit. A compilation involves assembling financial data into statements without providing any assurance, offering a cost-effective way to present information in a standardized format. An agreed-upon procedure (AUP) performs only the specific procedures that the client and other specified parties have agreed to, and reports the factual results without providing an opinion or assurance.

Tax exempt entities of all sizes have IRS Form 990 reporting requirements. Let us help take the stress off your IRS compliance, including best practices for reporting and assistance with unrelated business income.

We provide nonprofits and other businesses with outsourced accounting support such as bookkeeping, month-end and year-end close, and financial reporting, combined with proactive insights and guidance. These services help organizations improve efficiency, understand their financial performance, and make informed strategic decisions.

We provide accurate and timely filing of individual returns (Form 1040) as well as business returns for partnerships (Form 1065), S corporations (Form 1120-S), and C corporations (Form 1120). These services ensure compliance with IRS requirements while maximizing available deductions, credits, and tax-saving opportunities.