Non Profit Financial Statements Preparation
Accurate, Compliant, and Insightful Financial Reporting
With years of experience preparing financial statements, we understand the impact of each area of the statement on your organization. Financial statements can be used to revie the vitals of your nonprofit to find where you sit for sustainability and efficiency.
Our financial statements are delivered with transparency in mind. We want to make sure that your board, funders, and stakeholders have the most accurate and updated information when it’s time to make decisions.
Why Financial Statement Preparation Matters for Nonprofits
The regulatory environment for nonprofits is complex and requires precise reporting to maintain compliance with government agencies. Our financial statements:
- Ensure compliance with GAAP, IRS Form 990, and grantor requirements
- Strengthen transparency and accountability for funders and stakeholders
- Support strategic decision-making with reliable financial data
- Streamline audits and financial reviews, reducing risk and delays
Our Financial Statement Preparation Services
Comprehensive Financial Statement Preparation
- Prepare Statement of Financial Position (Balance Sheet)
- Develop Statement of Activities (Income Statement)
- Produce Statement of Functional Expenses
- Generate Statement of Cash Flows
GAAP Compliance & Fund Accounting
- Ensure financial statements comply with GAAP and nonprofit accounting standards
- Properly classify restricted and unrestricted funds
- Maintain accurate revenue recognition for grants and contributions
Grant & Funder Reporting
- Align financial statements with grant reporting requirements
- Track restricted, temporarily restricted, and unrestricted funds
- Provide clear documentation for funders, auditors, and board members
Board & Leadership Financial Reports
- Customize financial dashboards and reports for board meetings
- Provide variance analysis and budget vs. actual comparisons
- Deliver key financial insights to support governance and decision-making
Accurate Financial Reporting, Simplified
Creating actionable financial statements is our goal for your organization. If you need assistance preparing for an audit or ongoing support long-term, we are here to help.
Let’s make financial reporting seamless and stress-free. Contact us today to learn more.
A Legacy of Excellence
We have been a trusted source for financial guidance for more than 35 years.
Explore Our Services
NCheng helps businesses make strategic financial decisions with confidence.
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