We know it’s tough trying to create an audit RFP from scratch, especially if you’ve never done it before. By focusing on your organization’s unique programs, challenges, and mission, the questions may come a little more easily. Use our audit template and checklist for an even simpler way to ask the right questions in the right way.
Since Rural Development updated its financial reporting guidelines, properties may be able to reduce their accounting fees or lower their stress by staying on the cutting edge of upcoming changes.
When it’s almost time to start preliminary work on your property’s audit, it pays to be prepared. Gathering the required documents before your auditor asks for them can save your organization time and hassle during crunch time at the end of the year.
Finish strong this fiscal year by preparing for your non-profit audit’s preliminary work ahead of time. Gathering the required documents before the CPA firm requests them will save your team time and hassle, and launch your organization into the final audit on-time or even ahead of schedule.
Though there are many misconceptions about changing CPA firms for your financial services, the bottom line is that if you’re choosing a more valuable firm, the process should be smooth and simple.
When your organization is required to have a CPA firm prepare financial statements, you may think your best value is the firm with the lowest fee. That’s not always the case. It’s not just about how much the service costs; it’s about how well you’re served for any cost.
Starting with FY 2018, Rural Development properties report their financial statements a little differently than before. Fortunately, these changes bring simplification and alignment with other government agencies, like HUD. Some low-risk properties don’t even need to perform a yearly audit anymore.
Calculating surplus cash without an experienced accountant can be tricky and downright dangerous. If you do the calculation early, however, our accountants will be happy to review, re-calculate, and make suggestions where needed so you take home the right amount of surplus cash.
HUD loans finance many non-profit-seeking properties across the country, all of which are dedicated to the mission of providing safe, affordable housing for members of at-risk communities. The agreements drawn up for non-profit HUD properties include the calculation...
The U.S. Department of Housing and Urban Development is the world’s largest insurer of mortgages. First-time loan recipients face an entirely new way of managing their property under the scrutiny of HUD and other agencies, so the first few steps are crucial to the future of their project.