Not-For-Profit Services
Not-For-Profit organizations have their own distinguishing characteristics. Resources are often limited and restricted to charitable purposes, but the operations of not-for-profit organizations must remain simplified yet efficient. At W&S, we provide our clients with access to accounting and tax professionals who have undergone specialized training and who have worked with not-for-profit organizations throughout their careers.
Our nonprofit audit services include:
- Single Audits - in accordance with OMB Circular A-133 requirements
- Program Specific Audits - in accordance with OMB Circular A-133 requirements
- Yellow Book Audits - in accordance with Government Auditing Standards
Our nonprofit tax services include:
- Assisting with federal and state tax compliance reporting and various e-filing requirements
- Tax preparation
- Identification and planning for unrelated business income taxes
Other nonprofit services:
- Bookkeeping
- Business, financial, and strategic planning, Assistance for Executive Directors and Chief Financial Officers with presentation of issues related to organization finances, and training for board members in financial matters
- Design, implementation and review of accounting systems and related internal controls
- Operational reviews and audits
- Internal operation planning and compliance
- Analysis of retirement plan benefits Budget development and review
