Benefitting with Outsourced Nonprofit Services

The partners and staff of Beck & Company, Certified Public Accounts are dedicated to providing high quality professional services to our clients. We will maintain the highest moral, ethical, and professional standards. We realize that we can only be as successful as our collective clientele; therefore, we dedicate all of our resources to the long-term success and general well-being of our clients. Over the past few weeks we have taken a deeper look into the services offered here at Beck & Company, CPAS. We have delved into the different client accounting and audit services. Today we wanted to focus on our Nonprofit Services.

At Beck & Company we specialize in not-for-profit accounting and auditing. We understand the unique challenge of balancing the needs of your various stakeholders – contributors, members and your board, too. We have experience serving not-for-profit organizations such as unions, homeowner’s associations, religious organizations, charities, and social service organizations. Our Nonprofit Services team is committed to assist you with your back-office accounting and financial needs so you can focus on your mission. Our nonprofit specialists provide professional advice and assistance in a number of areas, including:

  • Financial Statement Audits
  • Reviews or Compilations Accounting
  • Bookkeeping Services
  • Tax Preparation and Reporting

In addition we provide CFO Services such as business planning, budgeting, cash flow analysis, executive search, and information security.

At Beck and Company, CPA’s we offer controllership services like monthly close, financial statement preparation, financial policy review and development, operational procedure review and improvement and accounting staff evaluation and management. Additionally we offer not-for-profit Account Services which include bookkeeping services such as Accounts Payable and Payroll. Audit Services, Tax Solutions, Transaction Support, Enterprise Resource Planning and SAS 70 and SSAE 16.

Danny Gray, Secretary Treasurer, Fairfax Fire Fighters and Paramedics knows first-hand the benefits of our nonprofit financial services. He stated, “Beck & Company, CPAs is truly exceptional. The fact that they have stood by our side through three different Presidents and several Secretaries and Treasurers proves that they are committed to their clients. After all, we are firefighters, not accountants. We depend heavily on the firm, and they do not disappoint. Beck & Company, CPAs has become an extension to our organization; it really has been – and continues to be – an exceptional relationship.”

Today, many nonprofits are moving toward outsourcing their accounting services. There are five primary reasons why nonprofit organizations would consider outsourcing their finance and accounting functions:

  1. Reduce costs and save money on internal staffing
  2. Gain a higher level of specialized accounting expertise
  3. Save time while maintaining accurate with meaningful financial information
  4. Improved business processes and controls
  5. Eliminate risks associated with poor internal hires

Outsourcing is oftentimes a good fit within smaller organizations who don’t require a full-time accounting staff, but needs someone with an accounting specific education and experience. Or when the organization can’t afford or would prefer not to afford accounting staff.  Whatever your reason we here at Beck and Company, CPAS are different because we’ve been where you are – either in our professional experience in running our practice and business or we’ve seen situations similar to yours when working with clients much like you. Our broad base of managerial accounting and systems experience and our deep understanding of business process and technology enable us to apply knowledge from the past, together with up-to-date best practice know-how to help you solve your challenges and capitalize on the opportunities you face. Our creative and innovative team of experienced professionals with senior or owner involvement in all client engagements ensures you know you have direct access to specialized expertise on which you can rely and trust.