Audits, Reviews, Compilations

Our Services Include:

Audits: We provide a comprehensive, independent examination of your financial statements, internal controls, and documentation. Audits are required for charitable organizations under New York State Charities Bureau when gross annual revenue is over $1 million.

Charter school authorizers (Charter School Institute/SUNY CSI and NYS Education Department) require audits for all charter schools in New York.

Reviews: A review is a middle-ground solution, providing more assurance than a compilation without the cost of a full audit. We apply analytical procedures and make inquiries of management to evaluate your financial records and provide an independent review of your financial statements.

The NYS Charities Bureau requires organizations with gross revenue between $250,000 and $1 million to submit an independent accountant’s review report.

Compilations: For organizations that require professional, structured financial statements without external verification, our compilation services are a cost-effective choice. We assemble your financial data into compliant formats, ensuring accuracy and clarity.

Nonprofit organizations with gross revenue under $250,000 the NYS Charities Bureau does not require a formal audit or review and the organization can choose to have a compilation prepared.