Not-for-Profits

Accounting Systems

At MTAAS, we speak "accounting" in common, everyday language. We provide creative suggestions and solutions that take into consideration the size of an organization, the complexity of its transactions and the qualifications of its personnel. From assisting our clients in their efforts to accurately quantify report and analyze the funds expended toward their program objectives, to consulting on accounting system selection and implementation, we have the experience and expertise to add significant value to many areas of the internal accounting and reporting process.

Internal Control

Strong internal controls are a prerequisite for all nonprofit organizations. The safeguarding of assets and a concentrated focus on deterring the misappropriation of funds are paramount to an organization's survival. We routinely assist our clients in evaluating their organization's internal control structures and suggest effective yet efficient internal control procedures to provide for adequate segregation of duties.

Balancing the Budget

Cash and Asset Management

In the current economic climate, strong resource management is critical to accomplishing an organization's mission. We make suggestions to help manage excess resources on a short-term basis, analyze and project short-term and long-term cash flow needs and monitor FDIC and SIPC coverage to evaluate risk of exposure to loss with respect to cash deposits and investment accounts. In addition, we can design a fixed asset system that provides sufficient information for management without overwhelming the accounting staff. We can also evaluate the adequacy of an organization's current insurance coverage to protect the organization's assets and its Board of Directors, and recommend insurance agents knowledgeable about nonprofit insurance needs.

Strategic and Long Term Planning

Strategic and long-range planning is critical to a nonprofit organization's ability to fulfill its mission. From analyzing current resources and the need to enhance current programs or initiate new programs, to evaluating current and future capacity, we can assist in an organization's planning process. Implementing new program services may require expanding current facilities or acquiring new facilities and/or equipment. We work closely with our nonprofit clients to evaluate and plan for adequate long-term reserves, board designations on unrestricted funds and obtaining financing for long-term projects.

Consulting

In addition to year-end financial and tax reporting, we have the broad-based capability to provide guidance and advice with respect to day-to-day operations. Our engagement teams schedule regular meetings with our clients to help them anticipate new opportunities and challenges. We are available year-round to help our clients meet donor restrictions on funds; consider new funding sources; clarify reporting differences between unrestricted, temporarily restricted and permanently restricted net assets; provide donor advice and deferred giving planning; assist with developing plans and budgets to assure adequate funding for major expenditures; analyze facility or equipment leases; and assist with special projects. With a network of professional contacts in the Bay Area and beyond, we're able to personally refer organizations to appropriate advisors such as attorneys, insurance agents, banks, grantors and retirement plan specialists.

Please call or visit us today for any questions or feedback on Tax, Audit and Accounting Services