If your foundation is like most, you probably have strict reporting requirements to stakeholders, including donors, board members, and regulatory authorities. Partnering with AROS ensures accurate and timely preparation of financial statements, including balance sheets, income statements, and cash flow statements.
Foundations often need to provide detailed reports to donors on how their contributions are being utilized. We can generate customized donor reports, demonstrating the impact of donations and fostering positive patron relationships.
Establishing robust internal controls is crucial for preventing fraud and ensuring the integrity of your financial operations. Rely on our experts to assess internal control environments, implement robust control procedures, and provide recommendations for strengthening controls to safeguard foundation assets.
Foundations undergo periodic audits by external auditors or regulatory agencies. Outsourced accounting services can assist in audit preparation, provide support during audit fieldwork, and facilitate the resolution of audit findings, helping you maintain audit readiness and compliance.
Ready to unlock financial clarity for your foundation? Let’s get started.
AROS CONSULTING LLC
P.O. Box 1978,
Ellicott City, MD 21041
T: 443-288-6054
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