NOT-FOR-PROFIT AUDITS
NOT-FOR-PROFIT AUDITS
Helping You Navigate Your Nonprofit Audit
Nonprofit organizations face unique financial reporting and compliance requirements, from managing restricted funding and preparing Form 990 to meeting grant, state, and federal requirements. CKH Group provides experienced nonprofit audit services designed to help organizations strengthen financial reporting, maintain compliance, and provide greater transparency to donors, grantors, board members, and other stakeholders.
As a leading CPA firm based in Atlanta, we take pride in offering Nonprofit Audits designed to:
-
- Strengthen transparency and accountability
- Support compliance with grant and regulatory requirements
- Improve financial reporting and internal controls
- Provide timely and efficient results
What Is A Nonprofit Audit?
A nonprofit audit is an independent examination of an organization’s financial statements performed by a CPA. The purpose is to provide reasonable assurance that the financial statements are presented fairly, in all material respects, in accordance with the applicable financial reporting framework.
For nonprofit organizations, an audit can also help demonstrate responsible stewardship of contributions, grants, and other funding while providing stakeholders with greater confidence in the organization’s financial reporting.
CKH’s Approach to Nonprofit Audits
Our approach is designed to make the audit process organized and efficient while helping organizations identify opportunities to strengthen financial reporting and internal controls.
In addition to annual financial statement audits, our nonprofit experience includes Yellow Book audits, Single Audits, Form 990 and 990-T reporting, internal control consulting, and supporting schedules such as revenue and expense allocations. Our team has served nonprofit organizations across multiple states and works with organizations of varying sizes and funding structures.
What are the Nonprofit Audit Requirements?
The IRS does not generally require nonprofit organizations to obtain an annual financial statement audit simply because they are tax-exempt. However, an audit may be required by state law, federal or state funding requirements, grant agreements, lenders, organizational bylaws, or other stakeholders.
Because requirements vary based on funding, location, organizational size, and contractual obligations, nonprofits should evaluate their audit requirements each year rather than assuming the same rules always apply. To learn more about Georgia-specific audit requirements, read our guide on Nonprofit Audit Requirements in Georgia.
Nonprofit Single Audits and Government Funding
Nonprofits receiving federal or state funding may face additional audit requirements beyond a traditional financial statement audit.
CKH provides audits performed under Government Auditing Standards as well as compliance audits required under the Single Audit Act. These engagements evaluate both financial reporting and compliance with requirements associated with government awards.
Our experience across nonprofit and government auditing allows CKH to help organizations navigate these additional requirements while keeping the process coordinated with their broader annual audit.
Why Choose CKH Group for Nonprofit Audits?
CKH combines broad assurance capabilities with specialized nonprofit experience. Our team works with nonprofit organizations across multiple states and has experience with financial statement audits, Yellow Book audits, Single Audits, Form 990 reporting, restricted funding, internal controls, and other nonprofit-specific reporting requirements.
By bringing audit, tax, accounting, and advisory capabilities together within one firm, CKH can support nonprofits beyond the annual audit while maintaining a practical, responsive approach focused on the organization’s mission and long-term sustainability.