Attestation and Other Services: We perform financial statement audits, reviews and agreed upon procedures for a multitude and wide range of nonprofits organizations. RAE & Associates has extensive experience in single audits (OMB circular A-133 – Compliance Requirements): audits of HUD mortgages: audits of non-profits (OMB A-110 – Uniform Administrative requirements for Grants and Agreements); and provides consulting services to agencies receiving such funds. We also provide auditing, accounting and consulting services to Federal agencies and recipients of Federal funds.
Reviewing Internal Procedures And Controls: We conduct competence reviews to determine the effectiveness of the internal control systems and operations, especially relating to OMB Circular A-133 and other applicable Federal government monitoring requirements.
Special Advisory Services: We advise boards of directors, chief executives and financial officers on issues in financial management, government and grant compliance, and day-to-day operations. RAE & Associates professionals assist non-profits such as community and charitable organizations , churches, synagogues, schools, and civic groups in understanding federal guidelines and managing financial requirements in the most cost-effective and efficient way.
Maximizing Financial Productivity: Our team evaluates operations, budget variances, and income and expenses and looks for ways to increase efficiency and reduce costs.
Analyzing Revenue Sources: This includes reviewing and evaluating unrelated business income (UBI) to assure compliance with IRS regulations.
Examining Transactions: Our professional reviews include looking for self-dealing or excess benefit issues