We Provide Financial Nonprofit Audit Representation in Washington DC for Stress-Free Audits
Our Financial Nonprofit Audit Representation
Services Are for You,
If You Want:
Trusted by Nonprofits
“In addition to cutting costs for accounting, Daily Balance has been most responsive to our needs. ”
“Their ability to step in, respond quickly to needs, and offer cost-saving solutions has been an incredible asset.”
“Daily Balance has moved us beyond a tiny little non-profit to a thriving business!”
“With Daily Balance, we’ve been able to spend 99% of our grants last year and achieve a level of financial health and compliance that we couldn’t reach before.”
“Daily Balance's team of experts have a huge heart for non profits and the essential services they bring to enrich our communities.”
“The knowledge that Daily Balance provides enables me to make better decisions in my business.”
“Using Daily Balance bookkeeping and tax services does not cost you; it saves you stress, time and money.”
“Syd and his team discuss solutions with us and provide solid options to consider as we are making business decisions.”
“Not being distracted by accounting issues, I can focus on increasing sales and market penetration.”
CPAs Who Have Mastered Bookkeeping Services for Nonprofits
While most CPAs shy away from the confusing and complex nature of nonprofit accounting, we focus solely on it. After having worked with nonprofits with a budget of $1M+ for over 25 years, we understand how to do your accounting like few do. That’s why our clients love working with us.
We are a team of detail-oriented, can-do nonprofit accountants and CPAs who strongly value responsiveness, integrity, excellence, helpfulness, innovation, professionalism, and fun!
We look forward to working with you, so we can help you focus on your programs, reduce headaches, get more funding, produce perfect audits, and look amazing in front of your board, all the while reducing your admin costs.
Syd Highley, CPA | Daily Balance
Managing Principal What Our Washington DC Nonprofit Audit Representation Services Can Do For You:
- Ensure audit readiness and compliance
- Streamline audit preparation processes
- Improve accuracy of financial reporting
- Enhance internal control systems
- Resolve audit findings efficiently
- Maintain regulatory and grant compliance
- Provide clear and accurate audit documentation
- Facilitate effective communication with auditors
- Minimize audit-related disruptions
- Strengthen financial transparency and accountability
World-Class Nonprofit Audit Representation
On-Call 24/7/365
No Surprises Guarantee
Proactive CPAs
Value-Focused Accounting
30-Day No Fault Agreement
Cloud-Based & Real-Time
Your Comprehensive Financial Nonprofit Audit Representation Services
- Organize and review financial records and documentation
- Act as the primary liaison between the nonprofit and external auditors
- Coordinate audit schedules and meetings
- Prepare and submit all necessary financial documents to auditors
- Assess and document internal controls
- Ensure compliance with accounting standards and regulations
- Verify that grant and donor restrictions are properly reported
- Identify and manage potential audit risks
- Review financial statements for accuracy and completeness
- Update and create financial policies to meet audit standards
- Identify and correct discrepancies before the audit
- Ensure all financial policies and procedures are documented
- Respond to auditor inquiries and requests for additional information
- Address and resolve audit findings and recommendations
- Provide staff training on audit procedures and requirements
- Assist with post-audit implementation of corrective actions
Meet Your Washington DC Nonprofit Bookkeeping Team
Syd Highley
Amy Fryatt
Julie Asuncion
Norie Fabian
Tessa Joy De Vera
Ilonah Vivas
We'll Integrate with Your Accounting Software
Let Us Lighten Your Load!
Fixed Fee
No Surprises
Guarantee
Nonprofit Audit Representation in Washington DC & Beyond
Bakersfield Nonprofit Audit Representation
1 (661) 218-1122
Boston Nonprofit Audit Representation
1 (857) 678-1661
Chicago Nonprofit Audit Representation
1 (872) 253-6677
Los Angeles Nonprofit Audit Representation
1 (213) 463-8484
New York City Nonprofit Audit Representation
1 (646) 921-6606
Sacramento Nonprofit Audit Representation
1 (916) 999-5955
San Diego Nonprofit Audit Representation
1 (619) 389-3344
San Francisco Nonprofit Audit Representation
1 (415) 358-5353
San Jose Nonprofit Audit Representation
1 (669) 230-0440
Washington DC Nonprofit Audit Representation
1 (771) 220-7155
Nonprofit Accounting Resources
FAQs
1 Fun & 1 Interesting Fact About Washington, D.C.
Washington, D.C. Nonprofit Accounting Resources
Washington, D.C. Local Resources
District of Columbia Office of Finance and Treasury
1101 4th Street, SW Suite 850W
Washington, DC
20024
(202) 727-6055
District of Columbia Metropolitan District Department
441 4th Street, NW, 7th Floor
Washington, DC
20001
(202) 727-9099
Top Companies in Washington, D.C.
1145 17th St NW
Washington, DC
20036
More About Nonprofit Accounting in Washington, D.C.
Washington, D.C., the capital of the United States, has a population of around 700,000 residents. The city is known for its political significance, as it houses all three branches of the federal government, along with numerous international organizations and embassies. Demographically, D.C. is diverse, with about 46% of the population identifying as Black or African American, 37% as White, 11% as Hispanic or Latino, and 4% as Asian. The city also has a sizable foreign-born population, contributing to its rich cultural landscape.
The residents of Washington, D.C., include a mix of government employees, young professionals, students, and diplomats. Many are drawn to the city’s vibrant political scene, educational institutions, and thriving job market. Neighborhoods like Georgetown, Dupont Circle, and Capitol Hill offer a range of living experiences, from historic homes to modern apartments. D.C.’s economy is heavily influenced by government, but it also boasts a growing tech and nonprofit sector, making it a dynamic place for diverse communities.
Nonprofit accounting in Washington, D.C., plays a vital role in supporting the city’s extensive network of charitable organizations, advocacy groups, and international NGOs. Given the city’s status as a center for national and global nonprofits, accounting professionals in D.C. must navigate complex regulations, including IRS requirements for tax-exempt status and the Financial Accounting Standards Board (FASB) rules. Nonprofit accountants are tasked with managing grants, ensuring compliance with donor restrictions, and preparing financial statements in accordance with Generally Accepted Accounting Principles (GAAP).
D.C.’s nonprofit sector is diverse, ranging from small community organizations to large global entities, each requiring specialized financial oversight. Accountants in this field focus on fund accounting, ensuring that restricted and unrestricted funds are properly allocated and tracked. Many nonprofits rely on these professionals to manage federal and private grants, ensuring accurate reporting and compliance. Local accounting firms and consultants in Washington, D.C., provide critical support, helping nonprofits maintain financial transparency, which is essential for building trust with donors, stakeholders, and government agencies.
Daily Balance offers bookkeeping, audit representation, and CFO services for nonprofit organizations in the Washington, D.C. area so they can focus on their mission/programs, rather than their financials. Our clients love our quick response time, fixed fees, and our proactive solutions.
Nonprofit Accounting Firm Washington, D.C. Also Serves Cities Around Washington, D.C.
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