Whether you’re required to submit an audit or simply want a review for peace of mind, our licensed CPA firm supports nonprofits across 40+ states.
We’ll walk you through:
Whether a review or audit is appropriate
What your state or funders might require
How long it will take
What documentation you’ll need
A quote for next steps, only if you’re ready
It depends on your organization’s funding, state requirements, and internal policies. During your free consultation, we’ll help you determine what’s actually required based on your situation.
We offer a free consultation (normally $150) to discuss your needs, timeline, and next steps. After that, we’ll provide a clear quote — no pressure.
We’ll ask for your most recent financials, governing documents (like bylaws), and any specific funder or state requirements you’ve received. Don’t worry. We’ll walk you through it.
It depends on whether you need a review or a full audit, and how quickly we receive the necessary documents.
For a CPA review, the process typically takes 2–3 weeks once all information is submitted.
An audit usually takes 4–6 weeks, but can take longer depending on the complexity of your records, internal controls, or funding requirements.
We’ll give you a custom timeline during your consultation based on your organization’s needs and readiness.
Our licensing permits us to serve businesses in all states across the country, excluding Alaska, Connecticut, District of Columbia, Hawaii, Kansas, Nebraska, Tennessee, Washington, and West Virginia. However, we are constantly expanding our licensing and hope to soon offer our services in these states as well.
Even small organizations benefit from third-party reviews – for transparency, board oversight, and future funding.
A CPA review provides limited assurance that your financial statements are free from material misstatements. It involves analytical procedures and management inquiries but does not include full testing. This option is often used by nonprofits that want financial oversight for funder requests or basic compliance without the cost of a full audit.
A nonprofit audit is a comprehensive evaluation of your financial records. It includes document testing, internal control analysis, and full audit procedures.
Audits offer reasonable assurance and are usually required by:
State or federal agencies
Government-funded contracts
Foundations or grant providers
Both reviews and audits show your commitment to transparency and accountability. Whether you’re applying for funding or reporting to your board, third-party oversight builds trust with stakeholders.
If your financial statements aren’t fully prepared, we can still begin the audit based on the information you do have. Once the audit is complete, a separate member of our team not involved in the audit engagement – can assist with preparing your financial statements. This approach gives your organization the flexibility to move forward without delay, while still meeting professional standards for independence.
What Is the Difference Between an Audit, Review, and Compilation? Audit vs review vs compilation are three financial statement services […]
Read MoreInsurance agencies often need CPA-reviewed financial statements to meet licensing requirements, carrier agreements, bonding obligations, and investor expectations. Because insurance […]
Read MoreMany nonprofit leaders feel uneasy when a funder demands an audit or financial review; it can feel like a compliance […]
Read More![True Accounting & Finance Experts [CPA Firm]](https://tafesolution.com/wp-content/uploads/2023/08/cropped-cropped-LOGO-69x26.jpg){kind=logo}