We Provide Financial Nonprofit Audit Representation in New York City 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 New York City 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 New York City 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 New York City & 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
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More About Nonprofit Accounting in New York City, New York
New York City, the largest city in the United States, has a population of over 8 million residents. Known for its iconic skyline, cultural landmarks, and financial influence, NYC is one of the most diverse cities in the world. Its population includes a wide range of ethnic backgrounds, with about 32% identifying as White, 29% as Hispanic or Latino, 24% as Black or African American, and 14% as Asian. The city is also home to a large immigrant population, with over 36% of residents being foreign-born, contributing to its rich multicultural environment.
Residents of New York City are spread across five boroughs: Manhattan, Brooklyn, Queens, The Bronx, and Staten Island. Each borough has its own unique character, with Manhattan known for its business and cultural hubs, Brooklyn for its creative and artistic scene, and Queens for its diversity. NYC is a global center for finance, fashion, media, and education, attracting people from all over the world. Its residents enjoy world-class museums, theaters, and restaurants, as well as the fast-paced lifestyle that defines the city. Despite the hustle, neighborhoods maintain a sense of community, with a wide range of housing and lifestyle options.
Nonprofit accounting in New York City is a critical aspect of managing the finances of the city’s vast charitable sector, which includes arts organizations, social services, healthcare institutions, and educational foundations. Given the size and complexity of the nonprofit landscape in NYC, accounting professionals focus on ensuring compliance with federal and state regulations, particularly those governing tax-exempt entities. Key responsibilities include managing restricted funds, preparing financial statements, and conducting audits to ensure transparency and donor accountability.
The diverse range of nonprofits in New York City requires accountants to navigate complex financial reporting standards, including the Generally Accepted Accounting Principles (GAAP) and IRS rules for nonprofits. Many NYC-based accounting firms specialize in nonprofit services, offering expertise in areas such as grant management, tax compliance, and financial planning. This support enables organizations to focus on their missions while maintaining strong financial health, especially in a city where philanthropy plays a crucial role in addressing social, educational, and cultural needs.
Daily Balance offers bookkeeping, audit representation, and CFO services for nonprofit organizations in the New York City 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.
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