Service
Outsourced CFO & Controller
Monthly close, financial statements, board reporting, budgets, cash flow and grant tracking, led by a CPA.
Nonprofit audit preparation and readiness
We go through your books the way your auditor will, before your auditor does. We catch and correct errors early, build the schedules and organize the documents, so your audit goes smoothly.
Is this you?
- Last year’s audit dragged on for months.
- Your auditor issued findings, and you’re not sure they’ve been fixed.
- You’re facing your first audit, or your first Single Audit.
- Your finance team changed since the last audit.
What’s included
Pre-audit check
- Going through your books the way an auditor will, before they go to your auditor
- Finding errors and needed corrections, and getting them fixed before fieldwork starts
- Following up on prior-year findings and management letter comments
Audit schedules
- Building the schedules auditors ask for, such as account reconciliations, grant and restricted fund schedules, and the rest of the “provided by client” (PBC) list
Documentation
- Gathering, checking and organizing the supporting documents your auditor will need, so they’re complete and easy to follow
During the audit
- Planning the audit timeline with you and your auditor
- Responding to auditor questions and requests
- Walking through proposed adjustments and the draft financial statements with you
- Documenting key processes and internal controls
An auditor’s perspective, on your side
We spent six years in financial statement audit. We know exactly what auditors will ask for and how they’ll test it. We have it ready before they ask, which means fewer questions, fewer adjustments and a faster audit.
What we don’t do
Our pre-audit check is internal preparation for your organization. It is not an audit, review, compilation or any other attest engagement, and it gives no opinion or assurance on your financial statements. We never act as your auditor. Your independent CPA firm stays fully independent. We work for you, and we coordinate with them.
Common questions
Can you be our auditor?
No. We don’t perform attest work. We prepare you for the audit, and your independent auditor performs it.
When should we start?
Ideally two to three months before your auditor’s fieldwork begins. Earlier is better if last year’s audit was difficult.
Can you help after a tough audit?
Yes. We’ll review the findings, fix the underlying issues and set up processes so they don’t come back.