Upgrade Your Nonprofit - The Importance of a CPA.CITP on you FundWare transition project.
Today's nonprofit must be lean. Systems and processes must operate in the most efficient and effective manner possible while maintaining compliance with strict regulatory requirements. The CPA has always served as a trusted adviser to the nonprofit community, but as business processes become even more dependent on information technology, organizations rely on financial professionals who can bridge the gap between business and technology.
That's where CPA . CITPs come in.
IT experience, and an astute understanding of financial transaction workflows and the financial reporting requirements, makes the CPA.CIP ideally suited to help nonprofit's streamline business processes, maximize productivity, manage risk while maintaining regulatory compliancy.
Partner with Non-Profit Partners
On Every Accounting Project a CPA.CITP is Part of Your Team
CPA.CITPs help nonprofits:
- Implement and use workflow applications and process alerts to streamline operations, automate controls and improve managerial oversight.
- Deliver comprehensive solutions that reduce risk and satisfy regulatory and compliance mandates.
- Leverage the most out their accounting software for operational efficiency.
- Get the greatest value during fund accounting system transitions.
- Maximize their Chart of Account design to ensure compliancy while benefiting the strict reporting requirements.
Why Partner with a CPA.CITP
CPA.CITPs have a strong background in understanding and implementing internal controls, and are in tune with regulatory and compliance standards critical in today's nonprofit environment.
- CPA.CITPs have the operational and regulatory expertise to insure the following:
- Proper Chart of Account design
- Compliancy with
- FASB 116 A-133
- FASB 117 A-110 / A-122
- GASB 34 SAS 99
- Auditing Standards 990
- Grantor Requirements
- CPA.CITPs are knowledgeable about information systems architecture, financial information flows and how to pull together important data from disparate IT systems to create valuable business intelligence.
- CPA.CITPs understand business process improvement and can help organizations implement and support efficient and compliant business processes and reporting procedures.










