Our dedicated team of professionals understands the unique accounting and reporting challenges non-profit organizations in Hawaii face at both the federal and state levels.
We also recognize that one of our vital roles is to be available throughout the year for advice and feedback. Organizations achieve better results if they understand the financial ramifications of their decisions during the decision making process, not afterwards.
With clients on Maui, the Big Island, Kauai, Molokai, and Lanai, we are capable of providing audit and tax services throughout the State of Hawaii. Our participation in the AICPA’s peer review program ensures that our services and quality control meet the highest professional standards.
Contact us today to receive a proposal for your next year-end auditing & tax engagement. A full list of references is available upon request.
A financial statement audit provides the highest level of assurance that your organization’s financial statements are presented fairly, free of material errors, and in conformity with accounting principles generally accepted in the United States of America.
An audit may be necessary if your organization needs to:
We perform audits in accordance with the following standards:
In an effort to increase transparency, accountability, and ensure good governance among tax exempt organizations, the IRS and the State of Hawaii have made significant changes to the reporting requirements for non-profits: Failure to comply with federal filing requirements for 3 consecutive years will result in the automatic revocation of exempt status.
The IRS imposes substantial penalties for each DAY an exempt tax return is late.
The State of Hawaii now requires many exempt organizations to file an annual financial report with the Hawaii Attorney General. Please contact us if you need assistance in determining whether your organization is required to file.
We believe it is critical that your 990 filings comply with the numerous rules affecting non-profit organizations, and we will help you submit your filings on time. Our tax services include:
Compilations are appropriate if you need financial statements for your own internal use or for limited use by third parties. Since we generate financial statements using information you provide, we do not express an opinion or provide assurance for compilation engagements.