Tel: (562) 810-0964
Tel: (562) 810-0964
We provide independent evaluations of financial statements to obtain ultimate assurance regarding the fair presentation. For each engagement, we develop a tailored audit plan based on discussions with governance, risk assessments, evaluation of internal controls, analytics, and grant and regulatory compliance requirements. We believe that a well-structured audit plan, combined with timely communication, is key to ensuring an organized, efficient, and effective audit cycle.
We also offer Uniform Guidance Single Audits (formerly A-133 Audits). Nonprofits with federal expenditures of $750,000 or more are required to undergo a single audit, prepare a data collection form, and submit the audit package to the Federal Audit Clearinghouse (FAC).
We provide an independent review of an organization's financial statements to obtain limited assurance that no material modifications are needed for conformity with the applicable accounting framework. This service involves assessing the financial statements through performing inquiries and analytical procedures.
We have extensive experience providing tax services to a wide range of nonprofit organizations. Our team specialize in the preparation of federal, state and informational tax returns, including Forms 990, 990T, 199, 109 and RRF-1. At One Team, we are required to meet annual continuing professional education (CPE) requirements to stay current with the latest regulatory changes. We take pride in meticulously preparing accurate tax returns and presenting them to management and board of directors to meet fiduciary responsibilities and file on time.
Preparing for an audit can be stressful, but with One Team Accounting, it doesn't have to be. We help you organize your financial records and guide you in strengthening governance, internal controls, and financial reporting processes. Our goal is to ensure your nonprofit is fully prepared for the next board meeting, grantor visit, or audit.
We provide professional compilation services to assist in preparing and presenting their financial statements.
We offer bookkeeping services designed to modernize and improve processes. Ensuring transactions are entered accurately and on time to prepare fair financial statements for your next management and board meeting or grant reporting submission.