Mike Fahndrich has spent many years providing consulting services and financial statement audits to nonprofit organizations. This gives the team at 3 Points Accounting unique insights into how these organizations work, the specialized financial reporting required and best practices when it comes to effective governance and internal controls.
Nonprofit accounting and compliance is very specialized and getting these details right is essential to maintaining tax-exempt status. The correct systems must be in place, not only for keeping the books and records in order, but for review and oversight as well.
Review and Evaluation
As a nonprofit organization evolves, the old ways of doing things may no longer be the best ways. That is especially true of accounting-related functions given how rules and standards change and evolve. 3 Points Accounting will review your current accounting, reporting and bookkeeping systems, advise you about new and better methods and then help you transition to those new practices and procedures.
QuickBooks™ Setup and Training
While QuickBooks offers a very robust platform serving the bookkeeping and accounting needs of nonprofits, it is a general platform that can and should be customized to meet your specific needs and make your reporting more consistent with best practices If you handle your bookkeeping in-house, 3 Points Accounting will make sure you’re getting the most out of QuickBooks and we will train your staff to use every key element of the software.