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Lindquist LLP Lessens the Burden for Not-for-Profit Organizations
Lindquist LLP is the solution to the audit, accounting and management challenges of not-for-profit organizations, including associations, trade and professional societies, charities, foundations, churches, schools, and research and scientific organizations. The firm’s professionals understand the issues that not-for-profits face, such as exemption from tax, public accountability and existence in a complex environment of accounting rules and governmental regulations. Lindquist LLP’s extensive not-for-profit organization audit experience and proactive, informative approach help minimize these burdens.
The firm’s auditors understand exempt organization reporting requirements and can assist with Internal Revenue Service (IRS) Form 990 filings for non-profits, as well as the development (or refinement) of conflict of interest, whistleblower, and document retention and destruction policies.
Compliance Audits for Non-Profits
Lindquist LLP’s non-profit auditing team is Yellow Book certified. The firm’s professionals that specialize in this area are highly experienced in conducting Office of Management and Budget (OMB) Circular A-133 audits (single audits); they understand federal funding requirements and can provide guidance related to the administration of federal grant awards.
Not-for-Profit Organization Audit and Accounting Services
- Audits, reviews and compilations, including:
-OMB Circular A-133 audits (single audits)
-SAS No. 117 compliance audits
- Preparation of government forms (e.g., Form 990, Form 990-PF, CA 199, SF-SAC Data Collection Form)
- Outsourced accounting / bookkeeping and QuickBooks consulting
- Budgeting
Associations
Trade, professional and other membership associations are unique among not-for-profit organizations. In addition to traditional audit and accounting services, Lindquist LLP provides its association clients with assistance in:
- Financial management and long-range planning
- Internal controls and risk management
- Non-dues revenues
- Expense reduction plans and crisis management
- Election tabulations and ballot counts
