Empowering Nonprofits with comprehensive compliance solutions to streamline audit processes, enhance financial management, and optimize grant administration.
Audit Preparation: Deliverables
1
Pre-Audit Readiness Checklist
Comprehensive preparation tool covering document collection, internal controls, financial statements, grant compliance, and staff training.
Identifies potential issues in advance
Streamlines the audit process
Enhances communication with auditors
2
Audit Preparation Timeline
Clear roadmap showing key milestones, task assignments, critical deadlines, review periods, and final audit dates.
Establishes accountability
Reduces last-minute stress
Improves coordination among teams
Internal Controls & Mock Audit
Internal Controls Assessment
Comprehensive evaluation of your control environment with:
Evaluation of existing controls
Identification of weaknesses
Improvement recommendations
Risk assessment of control failures
Benefit: Strengthened control environment and reduced risk of financial misstatements
Mock Audit Findings Report
Realistic assessment of audit readiness including:
Summary of mock audit process
Key findings and observations
Recommendations for remediation
Risk ratings for identified issues
Benefit: Identification of gaps before the actual audit with actionable insights
Corrective Action Plan (CAP)
Gap Identification
Specific weaknesses and compliance issues identified through mock audit and internal controls assessment
Action Steps
Detailed remediation steps with responsible parties assigned to each action item
Implementation Timeline
Clear deadlines for completion of each corrective action
Monitoring & Follow-up
Procedures to track progress and ensure successful implementation
The CAP provides a structured approach to addressing findings, establishes accountability, and documents progress toward enhanced audit readiness.
Financial Management Consulting
Chart of Accounts Review and Recommendations
Review Elements:
Current account structure analysis
Identification of redundant accounts
Recommendations for account consolidation
Alignment with reporting needs
Compliance with accounting standards
Organizational Benefits:
Streamlined financial reporting
Improved budget tracking
Enhanced decision-making capabilities
Simplified audit processes
Grant Management: Compliance Tools
Grant Compliance Checklist
Comprehensive overview covering:
Eligibility requirements
Reporting obligations
Financial management standards
Programmatic compliance measures
Documentation requirements
Benefit: Reduced risk of non-compliance and streamlined processes
Grant Tracking Log Template
Centralized tracking tool featuring:
Grant identification details
Funding source information
Key deadlines and milestones
Reporting requirements
Status updates
Benefit: Improved visibility and enhanced accountability
Grant Application & Review Process
Pre-Submission Application Review
Comprehensive review process including:
Overview of application requirements
Checklist of completed items
Identification of missing documentation
Recommendations for improvement
Final review sign-off
Benefit: Increased chances of successful applications and enhanced quality of submissions
Sample Narrative Templates
High-quality examples featuring:
Project overview and objectives
Target population and needs assessment
Program activities and timeline
Evaluation and sustainability plans
Budget justification
Benefit: Enhanced clarity and persuasiveness in applications
Post-Award Grant Management
Standardized Reporting Calendar
Visual calendar with reporting deadlines, key milestones, internal review periods, and submission timelines for all grants
Compliance Monitoring Plan
Structured framework with monitoring schedule, KPIs, reporting requirements, risk assessment, and corrective action procedures
Grant Budget Template
User-friendly format with detailed categories, flexibility for different funding sources, and integration with financial reporting
These tools provide clear visibility of obligations, improve planning, enhance accountability, and streamline communication with stakeholders.
Uniform Guidance Training
Training Guide on Uniform Guidance (2 CFR Part 200)
Comprehensive resource for understanding and implementing federal grant requirements
Guide Features:
Overview of Uniform Guidance requirements
Key compliance areas
Best practices for implementation
Case studies and examples
Resources for further learning
Client Value:
Comprehensive understanding of compliance requirements