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ESP Accounting

Our Services

Is your nonprofit looking for an accounting firm that specializes in working with 501(c)(3) organizations? Perhaps you have tax specific questions regarding your returns, your audit or your overall financial systems and protocols. Many CPAs aren’t knowledgeable and experienced in working with the unique circumstances surrounding not-for-profit entities.

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Accounting

QUESTION?

We Understand Nonprofits

ESP knows that not only is the nonprofit accounting function complex, but that many nonprofit organizations can’t afford to hire highly skilled personnel and/or support a robust accounting department. We understand your resources may be limited and we’re dedicated to helping you optimize your systems while also educating you about why and how to maintain them.

You Are a Valued Client

The quality of the services we provide, our care for your nonprofit, and our commitment to providing you with excellent, efficient services extends to our use of the best technology in the business. 

 

Working with us, you’ll experience:

Secure, Client Portal

Our online portal allows us to easily and securely transfer files to one another. There’s no maximum file size, nearly all file types are supported and you can manage your internal users or we can do it for you. Files are also securely stored for up to seven years, so your prior year tax returns and reports are at your fingertips.

Paperless Auditing Tools

We use the industry’s best paperless auditing tools, both for storage and management, ensuring our documentation is complete, accurate, and easily rolled forward into each year’s engagements.

 

This helps us focus on what’s new with your agency each year, making our work more useful and efficient.

Cloud-Based Accounting Solutions

Our focus on cloud-based technologies ensures that all personnel involved in your accounting function and fiscal oversight have access to meaningful information, quickly and easily. While we can and will work in Quickbooks, by leveraging our cloud-based solutions your information is more secure, our costs are lower and we can provide you and your team with the best, customized reporting.

“Best in Show” Tax Software

The IRS actively promotes electronic filing, and so do we. Electronic return completion and processing, integrated with auditing tools and cloud-based accounting solutions, allows for accurate, complete and timely returns. The IRS typically confirms receipt of our electronically filed returns within 72 hours.

ACCOUNTING

Hiring a CPA firm to assist with your daily bookkeeping and financial management functions has distinct advantages, including an increased confidence that it will be done right the first time. By hiring ESP, you’re guaranteed the added advantage of efficient, cost-effective support from experts in the nonprofit accounting field.  Our accounting services focus specifically on nonprofit organizations and include:

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  • Write-up services;

  • Full-charge bookkeeping;

  • Set up and management of accounting software (either on-site or cloud-based);

  • CFO services;

  • Historical clean up or reconciliation projects; and

  • Other special projects on a single or on-going basis.

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TAX SERVICES

At ESP, we understand how intimidating it can be to prepare your nonprofit’s taxes and interact with the IRS. Making sense of the complex regulations, rules, and guidelines affecting nonprofits can be extremely daunting.

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By working with ESP on your organization’s taxes, your accounting staff and Board of Directors can rest easier knowing a professional is stewarding your relationship with the government. Licensed in California and Hawaii, we’re also able to work with clients in both states on state, local, or federal tax matters.

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Our specialization in the area of nonprofit tax regulations means we’re highly qualified to handle your nonprofit’s unique situation. Moreover, we enjoy helping to educate nonprofits on how best to work with the IRS. And, when needed, we can interface directly with governmental agencies, relieving you of any unnecessary stress and complications.

CONSULTING

With our dedicated experience working with small to medium-sized nonprofits, we understand your organization may have limited resources. Many nonprofits run extremely lean operations and, as a result, don’t have robust accounting functions. Your nonprofit may find itself in situations where you need additional accounting assistance on a project basis, or even ongoing to fill those gaps.  ESP provides high-quality, cost-effective and detailed services to meet these needs.  

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In addition to assisting nonprofit organizations with audit and attestation, tax, and accounting services, ESP provides customized accounting consulting services tailored to meet your nonprofit's unique needs.

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These services can include:

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  • Governance training

  • Quickbooks training

  • Internal controls training

  • Developing accounting policies and procedures (P&Ps)

  • CFO function or Bookkeeper oversight

  • Financial forecasting

  • Accounting software analysis

  • Chart of accounts review

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