Nonprofit and Association Accounting Services

Nonprofits are often tasked with maximizing services with minimal resources, and evaluated on how much of their revenue flows through to direct program support.  This often leads to accounting functions being spread as secondary duties to staff not fully qualified to carry out the tasks, or the accounting department is so small a lack of separation of duties exists. 

To reduce fraud risks and ensure ongoing compliance with constantly changing regulatory requirements, nonprofit organizations benefit greatly by retaining the services of independent Outsourced Controller/CFO solution providers to manage and supervise their accounting department, especially Accounts Payable and Payroll Processing.  We have extensive experience providing outsourced accounting and technology  consulting services to these types of organizations.

Our accounting and advisory services include:

Part-time Outsourced Controller/CFO that provides daily supervision of in-house staff to prevent accounting errors and to put fraud controls in place for the organization to be in compliance.

  • Full-service Outsourced Accounting:
    • Accounts Payable Processing
    • Accounts Receivable management (including grants and other receivables)
    • Reconciliation of cash, investment and other Balance Sheet accounts
    • Payroll processing and payroll tax return filing
    • Grant administration and compliance
    • Fund Accounting
    • Preparation of internal management financial reports
    • Preparation of grant budget proposals, revisions and amendments
    • Preparation of grant financial reports
    • Accounting for restricted funds
    • Attendance at Board of Directors or Finance Committee meetings
  • Assistance in development of strategic plan and budget development, including cash flow projections
  • Accounting and Integrated Technology Solutions Consulting and Implementation
  • Due diligence and Financial Policies Preparation
  • Pre-Audit Engagement Services to ensure that the accounting books are audit-ready
  • Financial statement, technology, and other training services for Board of Directors, management and staff
  • Special projects

Call 850-668-2228 or Message Us Online Today!

Watson & Associates, PA, Certified Public Accountants is a full-service professional CPA firm founded in 2002. We provide personalized, professional service to each of our clients.

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