Audit Preparation for Nonprofits
Preparing For An Audit? We Can Help.
The idea of a nonprofit financial audit can seem overwhelming. However, the benefits it offers can significantly enhance your organization’s financial health and operational efficiency. While YPTC does not conduct audits, we are trusted to help our clients prepare for their audits. Learn more about how we can help.
Ensuring Accuracy and Transparency
A nonprofit financial audit provides an independent verification of your financial statements, ensuring they accurately reflect your organization’s financial position. This builds trust with stakeholders like donors, grantors, and board members, who rely on the accuracy of these statements.
Our experienced accountants ensure that accounts are reconciled, and discrepancies are resolved before the audit, helping the nonprofit understand and comply with relevant accounting standards such as GAAP (Generally Accepted Accounting Principles).
Trusted by Audit and CPA Firms Everywhere
We facilitate a smoother and more efficient audit process. YPTC helps clients be fully prepared and responsive, reducing audit risks and potential delays.
Auditors value YPTC's assistance in preparing their shared nonprofit clients for audits, as well as clear communication and high-quality financial reports. This support fosters a long-term successful relationship between clients and auditors.
“They have been critical in helping us grow our organization without any holes or cracks. They make sure that when we get an audit we’re fully ready for it. It’s been smooth as silk. We’re glad that YPTC does all that hard work for us.”
-Terry Lansdell, Executive Director, Bike Walk