Client Portal Make A Payment REQUEST PROPOSAL Not-for-Profit Accounting Services Home » Industries We Serve » Not-for-Profit Accounting Services Get Customized Recommendations to Fit Your Unique Challenges Brown Edwards’ commitment to not-for-profits is a core focus of our firm. We understand your issues, your challenges, and your unique accounting and reporting requirements. Most importantly, we have a genuine interest in your organization. Brown Edwards has a dedicated pool of not-for-profit specialists who are highly experienced and sensitive to your needs and concerns. Our team members are noted by our clients for their accessibility and hands-on style, as well as the depth of knowledge and capabilities. Ultimately, in professional relationships, people do make the difference. We Can Assist You in the Following Areas Assurance and Audit Assurance and Audit Services Overall financial statement presentation, disclosure, and transparency Enhancing financial reporting controls related to the closing process Accounting and classification of contributions and split-interest agreements Employee training on all aspects of financial statement elements Financial projections with related financial ratio analysis Development of a chart of accounts structure Classification of net assets Utilizing an operating measure Accountability and Governance Accountability and Governance Services Implementation of best practices Development of audit committee charters, roles, and responsibilities and other related policies Conflict of interest, whistleblower, and record retention policies Practical ways to meet audit committee responsibilities Development of policies related to executive compensation and Form 990 review Board financial statement training for not-for-profit organizations Development and execution of an internal audit function and programs IT Services IT Services Information technology effectiveness assessment for your current and future needs Strategic systems planning to address future information technology risk and needs Systems selection and implementation a new system Penetration testing and vulnerability assessments to test IT security Website security to ensure security from external threats Disaster recovery planning Other Not-For-Profit Services Foundations Though every foundation has its own identity, philosophy, and purpose, they all face common economic challenges. Regardless of their management or cause, each must ensure reliable and successful patronage. Brown Edwards provides foundation accounting services through its business tax, audit, and advisory teams. Our professionals offer the knowledge and experience to improve an organization’s effectiveness, expand its endowments, and help in distributing funds according to the foundation’s mission. Our guidance includes: Ensuring compliance with foundation accounting, financial reporting, and tax reporting standards. Responding to any investigations relating to “community foundations” and addressing other tax-exempt status matters. Providing advice on best practices, accountability, and ethics. Working with the foundation and key donors to develop and implement effective management. Advising on operational and stewardship policies and procedures. Reviewing information technology tools. Analyzing the foundation’s current and projected budgets and financial goals, and offering guidance on upcoming legislative issues. Religious Organizations Cultural Organizations Trade and Professional Associations Social Service Organizations ❝ I have worked with all levels of staff within their firm. I find they recruit bright and qualified individuals to work there. I have always found them to be professional in their work and reasonable when it comes to items requiring discussion. I am especially pleased with the lack of staff turnover I have encountered within their senior personnel, not only at my current position, but over the many years I have worked with them as well.❞ Trigg Copenhaver Chief Financial Officer, DePaul Family Services SEE ALL TESTIMONIALS Provider Relief Fund Updated Single Audit Requirements What is the Provider Relief Fund? The Provider Relief Fund (PRF) is the federal program issued under the Coronavirus Aid, Relief, and Economic Security (CARES) Act aimed at supporting eligible health care providers in the battle against the COVID-19 READ MORE Accounting For Shuttered Venue Operators Grants On Dec. 27, 2020, the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act (the Act) became law as a part of the Consolidated Appropriations Act, 2021 (CAA). The American Rescue Plan Act also provides $16 billion in grants READ MORE OMB Issues The 2021 Compliance Supplement On Aug. 12, 2021, the Office of Management and Budget (OMB) issued the 2021 Compliance Supplement (Supplement). The Supplement is effective for audits of fiscal years beginning after June 30, 2020. The Supplement can be accessed on the OMB website. READ MORE Contact Our Not-For-Profit Team James R. Fries, CPA, MSA Partner, Practice Leader Melissa Stanley, CPA Partner, Practice Leader David W. Reardon, CPA Partner Leslie F Roberts, CPA Partner M. James Hartson, Jr., CPA Partner Mark W. Tuck, CPA Partner Melissa A. Sikes, CPA Partner Robert “Rob” E. Adams, CPA, CGMA Partner Valerie R. Ellis, CPA, CGMA Partner Ready to Discuss Your Business Needs? Contact us to learn more about our services. LET'S TALK ABOUT IT DOWNLOAD OUR BROCHURE From traditional assurance and tax services to the latest in professional business advisory and consulting services, Brown Edwards provides you with the peace of mind you deserve. CONTACT US Quick Links ABOUT US Client Satisfaction OUR SERVICES Assurance and Accounting Advisory and Consulting Tax CAREERS Open Positions Internships Office Locations Bluefield, West Virginia Bristol, Virginia Charleston, West Virginia Harrisonburg, Virginia Kingsport, Tennessee Lynchburg , Virginia New River Valley, Virginia Newport News, Virginia Petersburg, Virginia Richmond, Virginia Roanoke, Virginia Wytheville, Virginia © 2021 Brown Edwards & Company, L.L.P. 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