Accounting services that are accurate and trustworthy, allowing you to concentrate on your strengths
SERVICES DESIGNED TO SPECIFICALLY MEET YOUR ORGANIZATION’S NEEDS
A TEAM WITH HIGH QUALITY THAT UNDERSTANDS THE SPECIAL CHALLENGES OF NPOS
Possessing the capacity to prepare, compile, and evaluate financial statements
Outsourced Accounting Services for NPO’s
Non-profit accounting is the process of tracking and managing financial information for organizations that exist to fulfill a mission, rather than to generate a profit. As a non-profit organization, you likely have to navigate unique financial challenges such as managing various grants, donations, and funds that come with different requirements. Additionally, you must ensure that you comply with regulatory requirements while maintaining transparency to stakeholders.
At Nikko, we understand the challenges that non-profit organizations face when it comes to accounting and finance. That’s why we offer reliable and efficient accounting services to help you manage your finances effectively, allowing you to focus on your core mission. We have extensive experience in providing financial management, internal controls, weekly and monthly financials, and cash flow statements to non-profit groups such as religious institutions, cooperative housing projects, philanthropic foundations, and housing missions. By outsourcing your non-profit accounting needs to Nikko, you can be confident that your financial data is accurate, organized, and readily available, while also saving time and resources that can be better allocated to advancing your mission.
Services
Financial statement preparation
Accurate and timely financial statements, including balance sheets, income statements, and statements of cash flows, to help you understand your organization’s financial health.
Grant reporting
Assistance with grant reporting and help ensure that all grant requirements are met.
Internal controls
Nikko can help you implement and maintain internal controls to ensure the accuracy and integrity of your financial data, as well as compliance with laws and regulations.
Budgeting and forecasting
We can help you create and manage budgets, as well as develop financial projections to help you plan for the future.
Tax preparation and compliance
Our professionals can prepare and file tax returns for your organization, as well as ensure that you remain compliant with all tax laws and regulations.
Board reporting
We can prepare financial reports for your board of directors or trustees, as well as provide guidance on financial matters.
Key Benefits
Budget approval from grantors
Reporting by dimensions – Project/grant/program
Restricted/unrestricted/temporarily restricted funds accounting
Revenue recognition and reconciliation
Reporting and compliance requirements for single audit and government funding
Web-based accounting software
Accounts receivable and accounts payable solution
Actual v/s budgeted financial reporting