See More: Audit and Assurance
Nonprofit Audit Services
GRF is internationally recognized in the field of nonprofit auditing. We currently serve over 500 tax-exempt organizations in the Washington, DC metropolitan region as well as nationally and worldwide. The nonprofit sector comprises nearly 100% of the firm’s total audit business.
Our auditing services involve more than issuing a report on financial statements. We view each audit engagement as an opportunity to evaluate the overall efficiency of an organization’s internal accounting controls. All audits performed by our firm include discussions with management and written recommendations on how to improve significant deficiencies and material weaknesses that may come to our attention during the course of our work. We will also discuss best practice recommendations to enhance internal controls already established.
Our audit professionals are trained and experienced with auditing tax-exempt entities and, more importantly, with the structure and unique operations of 501(c)(3) entities. As highly trained auditors, we work to implement solutions that maximize client resources and support fiscal success. We have experience auditing the following types of tax-exempt organizations:
- Trade and membership associations
- International non-governmental organizations (foreign and domestic)
- Human and social services organizations
- Cultural arts organizations
- Private foundations
- Faith-based organizations
- Public interest organizations
- Other charitable institutions
The cornerstones of our practice are strict attention to technical excellence, accuracy and proactive personal involvement. We have achieved a leadership role within the nonprofit community through our affiliations with organizations such as the Center for Nonprofit Advancement, the American Society of Association Executives, the Maryland Association of Nonprofit Organizations, the Nonprofit Roundtable of Greater Washington, the Finance & Administration Roundtable, InsideNGO and InterAction.
Had I not met and trusted Kate Fisken, I would have made a big mess out of my government contracts. I didn’t realize how complex the business could be.
Richard Seaton | Founder and Chief Executive Officer
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