Non-Profit Auditing Services
– At KPM we specialize in auditing non-profit organizations and
members of the audit "team" are highly experienced individuals
who have audited a wide-range of non-profit organizations and specialize
in non-profit GAAP.
“We are in a class of our own.” At KPM, our
diverse experiences help to distance us from other firms when it comes
to performing audits of not-for-profit organizations. KPM’s auditors
have “sat on both sides of the fence.” As experienced auditors
and former nonprofit managers to directors of finance, we provide both
an efficient and effective audit. We pride ourselves on issuing a management
letter, which adds value to your organization. Our management letter offers
realistic recommendations to improve your accounting systems and procedures.
We know that elaborate internal controls are impractical because of an
organization’s size; therefore we recommend realistic, effective
controls that help protect the organization’s assets and produce
Tax Services - We can help your not-for-profit organization
obtain and maintain tax-exempt status. We prepare all Federal and State
required tax information returns for organizations that have non-exempt
income, as well as unrelated business income tax. We are cutting-edge
and can apply various tax planning strategies to lessen this burden.
Outsourced CFO - KPM has a resource of ex-Directors
of Finance and CFOs, which can perform all senior management level functions
on a contract basis. We specialize in the following areas:
- Problem-Solving and Troubleshooting
We have successfully helped non-profit organizations resolve "questioned
costs" with public funding sources and created internal information
systems to give management timely and accurate financial information
for monitoring, evaluation and planning purposes.
We have assisted many non-profit organizations in developing tailor-made
accounting systems as well as preparing accounting manuals which document
the policies and procedures of the internal control structure of the
organization. We can develop an accounting system tailored to your organization’s
requirements. With the information that system provides, we can prepare
regular financial statements (including budget and cash flow analyses)
to assist in your fund-raising and strategic planning. If special accounting
systems are needed for certain types of funds, we can easily provide
We can advise you and your staff in such diverse areas as computer systems
selection and management training. Moreover, we can provide continuing
assistance as your organization grows.