With an increased demand for transparency regarding financial and compliance reporting, it is no surprise that many non-profit organizations feel pressure from government regulators, donors, and funding sources. At MUN CPAs, we understand the complex regulatory requirements that non-profit organizations must adhere to as they face scrutiny from all directions. Our firm provides various services to a diversified range of non-profit organizations.
Our Approach to Serving Nonprofits & Associations
Since 2003, we have collaborated with our non-profit clients to provide them with timely audit services, industry updates, and best practices for strengthening their organization’s financial reporting system. As a non-profit organization, your organization faces unique challenges and opportunities. MUN CPAs has the industry expertise to help you navigate these challenges and find solutions specific to the needs of your non-profit organization.
Clients Served Annually
specialized Services
Our nonprofit experts offer a variety of services including, but not limited to:
- Accounting and auditing
- Tax preparation, including Form 990
- Single Audit Compliance
- Government auditing standards (Yellow Book) audit
- Review or compilation services
- Internal control review and recommendations
- Agreed upon procedures
- Board training
Skills and Expertise
As a member of the AICPA Not-For-Profit section, Impact Foundry, Cal SAE, and California Association of Nonprofits, MUN CPAs has direct access to current and relevant information specific to nonprofit organizations. Guidance on Board oversight and governance, internal controls, financial reporting, and other relevant issues specific to nonprofit organizations are a value you will receive by partnering with MUN CPAs.
Single Audit
If your organization spends $750,000 or more of Federal grant awards, in addition to a regular financial statement audit, your organization will require Single Audit procedures. We perform Single Audits for over 30 of our clients. All engagement team members, including audit staff, have current Single Audit experience and all of our staff exceed the required educational hours, receiving governmental and Single Audit-specific training throughout the year through external conferences hosted by CalCPA and AICPA and internal training provided by our Firm.
Client Education and Updates
We understand the importance of keeping abreast of topics and issues affecting you and your industry. Therefore, we provide our non-profit clients with frequent updates and communication of relevant accounting developments and changing standards throughout the year. Our partners and managers provide workshops to non-profit organizations that address the issues most prevalent and of concern to these organizations.
Our clients enjoy working with a team of professionals well-versed in non-profit financial and accounting matters and highly experienced in addressing the complex issues facing non-profit organizations. With intense passion and commitment to the organizations we work with, many of our staff members serve on various Boards of Directors for non-profit organizations and their committees.