Audit Services for Nonprofit Organizations
Bringing more than 20years of experience helping Nonprofits In Metro Detroit and beyond
Audit Services for Nonprofit Organizations
Bringing more than 20years of experience helping Nonprofits In Metro Detroit and beyond
Trusted Detroit CPA firm for nonprofit organizations.
Grantors, Donors and Creditors often require assurance that financial statements accurately reflect the true financial position of a non-profit organization—and at IKRG, we fully understand and value this need. Our Michigan CPA firm delivers the highest level of assurance with our expert non-profit audit services. At IKRG CPAs and Consultants PC, we perform a methodical review and objective examination of your financial statements, including the verification of specific accounting documents, as determined by the auditor or outlined in AICPA professional standards.
Our audit services include evaluating key internal controls, testing selected transactions, and communicating with third parties. Based on our findings and audit documentation, we issue a report on whether the financial statements are accurately presented and free of material misstatements.
How can IKRG CPAs and consultants help your nonprofit?
Non-profit organizations play a critical role in enriching our communities. However, managing resources effectively while staying mission-focused can be a challenge for many. At IKRG CPAs and Consultants PC, we specialize in providing non-profit audit services that ensure financial accountability and transparency. Our Michigan-based CPA firm conducts comprehensive audits to safeguard your organization’s credibility and compliance. Additionally, we offer outsourced accounting and CFO services, assist with state and federal grant compliance, prepare annual 990 tax forms, and provide tailored financial oversight to help non-profits thrive.
Whether your organization is a healthcare facility, religious group, charity, museum, chamber of commerce, animal rescue, trade organization, or another type of non-profit, IKRG CPAs and Consultants PC can provide the financial management services needed to ensure your organization operates smoothly.
Take the first step toward better financial management for your organization! Request a free consultation or call us today at 3134924254, and we’ll promptly reach out to schedule your appointment.
Certifications and Affiliations we are active with
Our Premier Audit Services for Non-Profit Organizations
At IKRG CPA we provide full range of audit services tailored to the unique needs of non-profit organizations. Our offerings include, but are not limited to:
Financial Statement Audits
Grant Compliance Audits
Grants are often extended to non-profit organizations to support their operations. Grantors therefore also require a compliance audit to ensure the receiving organization is utilizing their grant funds appropriately. IKRG CPA is one of the best cpa firms for grant compliance audits for non-profits. With our audit services, your non-profit can be assured that your grantor’s audit and reporting requirements will be fully satisfied.
Internal Controls Review
To prevent fraud and ensure accuracy of your financial reporting it is critical that your organization’s internal controls remain effective. An audit from IKRG CPA provides a comprehensive internal control review that will identify potential weaknesses, and includes recommendations for improvements.
Single Audits
If your non-profit receives federal funding, compliance with the Single Audit Act will be mandatory for your organization. With our extensive experience in conducting single audits we ensure compliance with all federal regulations, and help you safeguard your continued federal funding.
Agreed-Upon Procedures
Not all non-profits operate the same way, and we get that. An agreed-upon procedures engagement with IKRG CPA will allow your non-profit organization to request specific audit tasks that are tailored to your unique needs and circumstances.
Commonly asked Questions
A financial statement audit Involves an Independent examination of your organization's financial records to ensure accuracy and compllance with accounting standards.
Audits are essential for compliance with legal and regulatory requirements, investor and stakeholder confidence, and accurate financial reporting.
It includes a thorough review of financial statements, assessment of internal controls, and ensuring adherence to accounting principles.
Preparation involves organizing financial records, understanding the audit process, and collaborating with the audit team for efficient execution.
The duration varies based on company size and complexity but generally includes planning, fieldwork, and wrap-up phases.
Yes, we welcome inquiries! Contact us today to learn more about how our audit services can benefit your non-profit organization. Request a free estimate using the contact form below and let us help you achieve financial clarity and peace of mind.
Contact Us
Request a free initial consultation and we will promptly schedule an appointment with you to discuss our non-profit audit services.
