Reviews and Compilations
A review is an application of analytical procedures and inquiry to provide a limited level of assurance, while a compilation is the presentation of financial data in the form of financial statements, statement of financial position (balance sheets), statement of activities (profit and loss statement), statement of cash flow, and footnotes. If your organization is applying for local, federal, or private grants and funding or you need independent verification of your organization's financial performance and key operation decisions, BPM can help.
Our approach includes developing an understanding of your nonprofit and industry to establish a strategy that is tailored to you and the specific needs of your organization. Reviews and compilations are a significant part of our assurance services and can help you identify modifications you need to make in your operations to guarantee your organization's financial success in order to succeed in your mission and purpose.
BPM goes beyond the reporting of results. We provide you with the information and valuable insights into your organization to help you improve your accounting controls and increase the amount of funds you can spend on your programs.
The sessions cover significant emerging
issues that can affect every facet of your organization.
Recurring Accounting Issues Noted and
Related Best Practices for Nonprofits
A look at what the IRS wants to know
about your tax-exempt bonds.
Nonprofit Dashboards to Stay
Informed and Make Decisions
How to plan and design a meaningful dashboard.
The Single Audit:
What it Means for the Auditee
Overview of the Single Audit Act and Compliance Requirements.
Your Internal Control Check-up
Reducing the risks of errors and fraud.
Merging Nonprofit Organizations
A look at accounting due diligence
issues for considering nonprofit mergers.
IRS Increases Scrutiny of Nonprofits
Exempt organizations should be aware of these key areas that the IRS will be targeting.
