Nonprofit Audits in California

Nonprofit Audits for California Organizations

Linked Accounting provides audit services designed specifically for California's nonprofit sector. Our expertise helps ensure your organization meets all state and federal standards, maintains compliance, and builds transparency and confidence with donors and stakeholders.

• State and Federal Compliance: Comprehensive audits to ensure compliance with California's nonprofit tax codes and IRS regulations, safeguarding your tax-exempt status.
• Financial Transparency: Detailed financial reporting that builds donor confidence and enhances grant application success.
• Board Governance Support: Guidance for board members to understand their financial oversight responsibilities and improve governance.
• Grant Compliance: Ensure accurate financial reporting to meet grant requirements and support future funding opportunities.

Ensuring Compliance, Transparency, and Financial Integrity

California nonprofit organizations face stringent financial reporting and compliance requirements under both state and federal law. A well-conducted audit not only ensures financial accuracy but also strengthens donor confidence, maintains tax-exempt status, and supports grant applications. Our CPA team specializes in nonprofit audits, guiding organizations through California-specific regulations and ensuring compliance with the California Nonprofit Integrity Act (Cal. Gov. Code § 12586) and IRS Form 990 reporting requirements.

Comprehensive Nonprofit Audit Services

• State & Federal Compliance Audits: Ensure adherence to California Attorney General reporting requirements and IRS regulations for tax-exempt organizations.
• Financial Statement Audits: GAAS-compliant financial statements prepared for grant applications, regulatory compliance, and internal governance.
• Internal Control Reviews: Identify financial risks and improve reporting structures to meet the accountability standards outlined in Cal. Gov. Code § 12586(e)(1).
• Form 990 & 990-T Preparation: Ensure accurate and timely submission of IRS filings, including Unrelated Business Income Tax (UBIT) compliance.
• Grant & Government Funding Compliance: Verification of expenditures and reporting alignment with Cal. Code Regs. § 18991, governing grant accountability.
• Board & Audit Committee Oversight: Assistance with governance best practices, aligning with California nonprofit board responsibilities under Cal. Corp. Code § 5231.