Audit Services for Nonprofit Organizations
Bringing more than 20years of experience helping Nonprofits In Metro Detroit and beyond
Audit Services for Nonprofit Organizations
Bringing more than 20years of experience helping Nonprofits In Metro Detroit and beyond
Trusted Detroit CPA firm for nonprofit organizations.
IKRG CPAs and Consultants PC, knows that donors, grantors and creditors often need assurance that the financial statements accurately represent the true financial position of a non-profit organization. Our Michigan CPA firm provides the highest level of assurance with our non-profit audit services. IKRG CPAs and Consultants PC, will perform a methodical review and objective examination of your financial statements, including the verification of specific accounting documents as determined by the auditor or as established by AICPA professional standards.
Our audit services involve understanding significant internal controls, testing of selected transactions, and communication with third parties. Based on our findings and audit documentation, we issue a report on whether the financial statements are fairly stated and free of material misstatements.
How can IKRG CPAs and consultants help your nonprofit?
Non-profit organizations play a critical role in enriching our communities. However, managing resources effectively while staying mission-focused can be a challenge for many. At IKRG CPAs and Consultants PC, we specialize in providing non-profit audit services that ensure financial accountability and transparency. Our Michigan-based CPA firm conducts comprehensive audits to safeguard your organization’s credibility and compliance. Additionally, we offer outsourced accounting and CFO services, assist with state and federal grant compliance, prepare annual 990 tax forms, and provide tailored financial oversight to help non-profits thrive.
Whether your organization is a healthcare facility, religious group, charity, museum, chamber of commerce, animal rescue, trade organization, or another type of non-profit, IKRG CPAs and Consultants PC can provide the financial management services needed to ensure your organization operates smoothly.
Take the first step toward better financial management for your organization! Request a free consultation or call us today at 3134924254, and we’ll promptly reach out to schedule your appointment.
Certifications and Affiliations we are active with
IKRG Audit: Premier Audit Services for Non-Profit Organizations
IKRG Audit offers a wide range of audit services specifically designed for non-profit organizations. Our services include, but are not limited to:
Financial Statement Audits
We conduct thorough audits of your financial statements, providing assurance that your financial reports are accurate and comply with the necessary accounting standards. Our audits help build trust with donors, grantors and other stakeholders.
Grant Compliance Audits
Non-profit organizations often rely on grants to fund their operations. IKRG Audit provides grant compliance audits to ensure that your organization is using grant funds appropriately and meeting all reporting requirements.
Internal Controls Review
Ensuring that your organization’s internal controls are effective is critical for preventing fraud and ensuring the accuracy of financial reporting. IKRG Audit offers comprehensive internal control reviews to identify potential weaknesses and recommend improvements.
Single Audits
For non-profit organizations that receive federal funding, compliance with the Single Audit Act is mandatory. IKRG Audit has extensive experience conducting single audits, ensuring your compliance with federal regulations and safeguarding your funding.
Agreed-Upon Procedures
When specific audit procedures are needed, IKRG Audit offers agreed-upon procedures engagements. This service allows non-profit organizations to request specific audit tasks, tailored to their unique needs and circumstances.
Commonly asked Questions
A financial statement audit Involves an Independent examination of your organization's financial records to ensure accuracy and compllance with accounting standards.
Audits are essential for compliance with legal and regulatory requirements, investor and stakeholder confidence, and accurate financial reporting.
It includes a thorough review of financial statements, assessment of internal controls, and ensuring adherence to accounting principles.
Preparation involves organizing financial records, understanding the audit process, and collaborating with the audit team for efficient execution.
The duration varies based on company size and complexity but generally includes planning, fieldwork, and wrap-up phases.
Yes, we welcome inquiries! Contact us today to learn more about how our audit services can benefit your non-profit organization. Request a free estimate using the contact form below and let us help you achieve financial clarity and peace of mind.
Contact Us
Request a free initial consultation and we will contact you to set up an appointment to discuss our non-profit audit services.
