Your Trusted Partner in Non-Profit Success: Collaborative Support for a Brighter Future
We work hand-in-hand to empower your organization, build capacity, and make a lasting difference.
THINK ABOUT IT:
Running a non-profit requires incredible passion, but let’s face it, the financial and operational side can feel overwhelming.
Juggling grants, fundraising, budgeting, and ensuring compliance can leave even the most dedicated feeling lost and frustrated.
01
OVERWHELM
Drowning in paperwork
Grant applications, reports, financial statements – the never-ending paperwork mountain looms, stealing time from your mission.
02
DOUBT
Uncertain finances
Fundraising falls short, budgets feel tight, and the fear of financial instability casts a shadow over your good work.
03
ANXIETY
Compliance worries
Ever-changing regulations and reporting requirements add stress, making you wonder if you’re doing it all right.
But there’s hope! As your experienced CPA specializing in non-profit support, we’re here to be your guide through the financial and operational complexities, so you can focus on what matters most – your mission!
Imagine the possibilities
Why choose us?
A business that thrives, reaching your goals with clarity and confidence. You’ll make informed decisions, overcome obstacles, and achieve sustainable growth with a plan you believe in.
Streamlined Operations
We’ll help you implement efficient systems and processes for grant management, donor relations, accounting, and reporting, freeing up your valuable time and energy.
Financial Stability
We’ll work with you to develop sustainable financial strategies, secure funding, manage your budget effectively, and navigate complex tax regulations, taking the burden off your shoulders.
Confident Compliance
We’ll keep you up-to-date on ever-changing regulations and ensure your organization meets all reporting requirements, giving you peace of mind and avoiding potential penalties.
Frequently Asked Questions
Below are some of the most frequently asked questions we get about our audit and assurance services.
The answers are meant to be helpful although should not be construed as accounting, legal or tax advice.
Do I really need an audit for my small business?
While not mandatory for all businesses, an audit can offer significant value. It enhances financial credibility, attracts investors, strengthens internal controls, and provides peace of mind. Discuss your specific needs with a CPA to determine if an audit is right for you.
What is the difference between an audit and an assurance service?
Audits provide an independent opinion on the accuracy of your financial statements, while assurance services offer varying levels of assurance on specific areas, like internal controls or compliance with specific regulations.
What types of audits do you offer?
We offer various audits, including financial statement audits, compliance audits, operational audits, and agreed-upon procedures engagements.
The type of audit needed depends on your specific requirements and objectives.
What is the audit process like?
We collaborate closely with you throughout the process.
This includes understanding your business, planning the audit scope, examining records, testing transactions, and providing a detailed report with findings and recommendations.
What are the benefits of choosing a local Kentucky CPA for my audit?
Local expertise is crucial.
We understand the Kentucky business landscape, regulations, and industry nuances, providing insights relevant to your specific situation.
How much does an audit typically cost?
Costs depend on the complexity of your business, the scope of the audit, and the level of assurance required.
We offer transparent pricing and discuss options to fit your budget.
What happens after the audit is complete?
We discuss the findings and recommendations in detail, helping you understand their implications and develop action plans for improvement.
We can also provide ongoing support to implement these recommendations.
Can an audit help me identify and mitigate fraud risks?
While not specifically designed for fraud detection, audits can uncover anomalies and inconsistencies that might indicate potential fraud.
We can also offer additional fraud risk assessment services.
What are the key benefits of strong assurance for my business?
Assurance increases stakeholder confidence, improves access to financing, strengthens internal controls, and enhances your overall business reputation.
How can I get started with an audit or assurance engagement?
Schedule a free consultation to discuss your needs and goals.
We will assess your situation and recommend the most appropriate service to achieve your desired assurance level.
NEIKIRK, MAHONEY & SMITH CPAs
700 N. Hurstbourne Pkwy , SUITE 200
Louisville, KY 40222
info@neikirk.net
Phone: (502) 896-2999
Whether you consult us for business accounting services, personal accounting, tax planning – for corporations or individuals – or tax preparation purposes, Neikirk, Mahoney & Smith can provide a plethora of tax-saving ideas and related services that can positively impact your business for years to come.