Not-for-Profit National Industry Team

Understanding your compliance requirements

Your status as a nonprofit organization means you are subject to far more stringent financial reporting expectations and guidelines than similar-sized commercial entities.

Your reporting system must address internal requirements set by your board of directors and must adhere to the requirements of the Internal Revenue Service. You also must abide by criteria set by specific government, corporate and private funders.

Your personnel are faced with pressing operational issues, limited resources and restricted funding. Thus, it is difficult for them to keep up-to-date with multiple and often-changing financial reporting requirements.

Not-for-Profit team expertise

CPAmerica member firms work in conjunction with a Not-for-Profit National Industry Team to offer sound solutions to your many needs. Our team provides advice backed by years of experience and success with more than 5,400 nonprofit clients in the independent sector.

With a CPAmerica member firm and National Industry Team on your side, you will have access to:

  • A broad base of knowledge to provide you with useful and timely information regarding the fiscal performance of your organization
  • Professionals who remain fully educated regarding the intricacies of – and implementation strategies for – the changing compliance requirements of laws, regulations and funders
  • A firm that has successfully addressed the needs of trade and membership organizations, social service agencies and education and arts institutions
  • An immediate alert (when necessary) to related financial management implications regarding any tactics or transactions

Numerous CPAmerica member firms have expertise in auditing nonprofits. All of these firms will respond positively to our call to marshal resources, should the need arise. This means your organization will have local expertise in the nonprofit arena, supported by a national network of experts.

Our members’ range of industry-specific services for nonprofit organizations includes but is not limited to:

  • Auditing
  • Outsourced accounting
  • Strategic planning and budgeting
  • IT system needs analysis
  • Policy and procedures manuals
  • Recruiting
  • Review and compilation
  • OMB Circular A-133 compliance
  • Tax return preparation
  • Internal control evaluation
  • Accounting system design and installation
  • Investment policy analysis
  • Employee benefit and pension consulting
  • Management assistance

You need more than a CPA firm that just compiles facts and figures and issues reports. CPAmerica member firms are objective, independent reviewers and advisers. They take pride in functioning as a member of your team – they will work with you year-round to help you improve your organization’s operations and maximize your financial status. Your adviser will help you go beyond the numbers, and the service provided will exceed your expectations.

Through first-hand experience, the members of our Not-for-Profit National Industry Team are familiar with the historical aspects of the independent sector. They know the sector’s current status and can predict its future path. Our team members have gained this knowledge from years of working with nonprofit organizations of all sizes, from all across the country.

To complement member firms’ service delivery, the following specialists are available to assist as the engagement segments warrant:

If you have a question for a Not-for-Profit National Industry Team member , send an e-mail to info@cpamerica.org and your request will be processed.