Accounting Services

With over 10 years of experience auditing non-profits and serving as an agency CFO, The Charity CFO understands the comprehensive accounting system needed for appropriate reporting.

Accounting services can include:

  • Accounting for transactions
    • Recording vendor invoices
    • Recording contributions and deposits
    • Recording payroll data and other employee costs
    • Posting revenue receivables and agency liabilities
  • Account Reconciliation
    • Preparation of bank reconciliations
    • Reconciliation of investment accounts
    • Post monthly journal entries
    • Reconcile general ledger accounts
    • Post any accrual-based accounting entries
  • Financial Analysis and Thought Leadership
    • Review general ledger activity
    • Prepare monthly financial reports
    • Compile special reports for funding sources
    • Evaluate overall financial performance of the agency and make strategic recommendations to ensure financial stewardship and best practices
    • Participate in Board and Finance Committee meetings
    • Assist in preparing for annual financial audit
    • Assist in preparing materials needed for Federal Form 990
    • Participate in annual fiscal budget process

Each client is unique with different needs and not all functions may need to be outsourced. As such, a custom accounting service plan will be created to address individual client needs as well as funding agency requirements.

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