A typical non-profit we work with is one that either operates through receiving grants, private donations or a combination of both. These non-profits require an accounting system to record and track the funds received through grants and donations and the related expenses by categories and projects. All organizations must prepare and file their annual tax return and employee related taxes accurately and in a timely manner.
They may also need a written policy and procedures manual to follow to ensure compliance with grant agreement terms and consistency in their decisions, documentation, and reporting. However, larger entities may also require proper internal control systems to ensure transparency and pass a financial audit as well. Our staff and consultants have worked with international and local non-profits and understand their culture, business environment and their expectations.