Helping nonprofits across Michigan, Illinois, Indiana, California, and beyond with accurate, reliable, and compliant audits — bringing clarity, transparency, and peace of mind to every mission we serve. Call (313) 492-4254 Schedule Your Free Consultation

Audit Confidence for Mission-Driven Organizations.

As a nonprofit leader, your focus is impact — not compliance paperwork. We simplify complex audit and financial requirements, so you can remain transparent, trusted, and funding-ready year-round. slider nonprofit
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When Compliance Becomes a Burden

Running a nonprofit is challenging enough without worrying about evolving audit standards, funding regulations, and donor expectations. One small error can affect your credibility, delay grants, or impact future funding opportunities.
As a nonprofit leader, you work tirelessly to make a difference, but managing complex financial regulations, audits, and compliance can feel overwhelming.
“You shouldn’t have to choose between fulfilling your mission and staying compliant.”

IKRG CPAs – A Detroit based CPA firm, Your trusted Partner for Nonprofit Audits

With nearly two decades of nonprofit audit experience, IKRG CPAs & Consultants provides clarity and confidence at every step of the process. Our team combines deep technical expertise with a personal, collaborative approach — helping you stay compliant while protecting the integrity of your mission.

Active Member of Leading CPA, Nonprofit and Business Associations

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Livonia and Westland Chamber of Commerce
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Your Path to an Audit You Can Trust

We make the process simple, transparent, and aligned with your organization’s goals.
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Schedule an Initial Consultation

Book your free consultation with our experienced auditor to discuss your goals, funding sources, and audit scope.

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Receive Your Audit Proposal

We’ll prepare a detailed audit proposal and engagement letter tailored to your compliance needs and funding requirements.

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Begin Your Audit with Confidence

Once your engagement letter is signed and retainer processed (if applicable), we start your audit — efficiently, transparently, and focused on clear, actionable results.

No jargon. No confusion. Just a straightforward process from start to finish.

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What Financial Confidence Looks Like

When your audited financial statements are clear and compliant, you gain trust, credibility, and peace of mind.

You’ll Experience:

  • trustworthiness (1)
    Donor Trust
  • regulatory compliance (1)
    Compliance
  • settings (1)
    Stronger controls
  • fundraising (1)
    Future funding readiness
Imagine walking into your next board meeting confident, audit-ready, and proud of your organization’s financial transparency.
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Why Nonprofit Audits Matter?

Without accurate and timely audits, nonprofits risk delayed funding, reduced donor confidence, and missed opportunities to grow their mission.
“With IKRG, your audit becomes a strength — not a stress.”

Tailored Audit Solutions for Every Nonprofit

Every nonprofit is unique. That’s why our audit services are customized to fit your needs, structure, funding sources, and compliance goals.

Financial Statement Audits

Ensure transparency and accuracy in financial reporting.

Financial Statement Audits

Ensure transparency and accuracy in financial reporting.

Grant Compliance Audits

Verify fund usage and meet grantor requirements.

Grant Compliance Audits

Verify fund usage and meet grantor requirements.

Internal Controls Review

Strengthen systems to reduce risk and improve accountability.

Internal Controls Review

Strengthen systems to reduce risk and improve accountability.

Single Audits

 Maintain compliance for federally funded programs.

Single Audits

 Maintain compliance for federally funded programs.

Agreed-Upon Procedures

Targeted evaluations for your specific financial challenges.

Agreed-Upon Procedures

Targeted evaluations for your specific financial challenges.

Schedule Your Free Consultation
FAQ

Commonly asked Questions

What is included in a nonprofit audit?

A nonprofit audit is an independent examination of a nonprofit organization’s financial statements, accounting records, internal controls, and financial reporting practices. Nonprofit audits help verify compliance with Generally Accepted Accounting Principles (GAAP), evaluate the handling of restricted funds and grant revenue, and strengthen financial transparency and accountability. 

When is a nonprofit organization required to undergo an audit?

Nonprofit audit requirements vary based on state regulations, annual revenue, funding sources, grant requirements, and federal funding thresholds. Nonprofits that receive or expend significant federal grant funding may be required to undergo a Single Audit under Uniform Guidance regulations. 

How do audit services help nonprofits build donor trust?

Independent nonprofit audits help demonstrate financial transparency, responsible stewardship of donations, and strong internal controls. Audited financial statements can improve credibility with donors, grantors, board members, foundations, and government agencies while reinforcing confidence in the organization’s financial management practices. 

What is a Single Audit for nonprofits?

A Single Audit is a specialized audit required for nonprofit organizations that expend a certain threshold of federal funding during a fiscal year. The audit evaluates both the nonprofit’s financial statements and its compliance with federal grant regulations and Uniform Guidance requirements. 

Can a nonprofit choose to have an audit even if it is not required?

Yes. Many nonprofit organizations voluntarily obtain independent audits to strengthen governance, improve financial oversight, enhance donor confidence, and support grant applications or lender requirements. Voluntary audits can also help organizations prepare for future growth and increased regulatory scrutiny. 

What is the difference between a nonprofit audit and Form 990?

A nonprofit audit is an independent examination of financial statements conducted by a CPA firm, while Form 990 is an annual informational tax return filed with the IRS. Although they serve different purposes, both documents should present consistent financial information and demonstrate transparency and accountability. 

Why do grantors and foundations require nonprofit audits?

Grantors and foundations often require audited financial statements to verify that nonprofit funds are managed responsibly and in accordance with grant requirements. Independent audits help demonstrate financial accountability, strong internal controls, and organizational stability. 

What do nonprofit auditors review during an audit?

Nonprofit auditors review financial statements, bank reconciliations, internal controls, grant documentation, donor-restricted funds, payroll records, revenue recognition practices, and compliance with accounting standards. The goal is to verify financial accuracy and strengthen accountability. 

Can nonprofit audits help improve internal controls?

Yes. Nonprofit audits can identify weaknesses in financial processes, segregation of duties, documentation procedures, and internal controls. Addressing these issues can reduce fraud risk, improve compliance, and strengthen financial governance. 

How long does a nonprofit audit usually take?

The timeline for a nonprofit audit depends on the organization’s size, financial complexity, and preparedness of financial records. Many nonprofit audits take several weeks from planning through final reporting and board presentation. 

Why are audited financial statements important for nonprofit organizations?

Audited financial statements help nonprofits demonstrate financial transparency, strengthen donor confidence, support grant applications, and improve credibility with boards, foundations, lenders, and regulatory agencies. 

Ready for Audit Confidence and Compliance?

Let’s simplify your next audit and give your organization the financial clarity and assurance it deserves.