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The foundation of any organization's success is built on its financial strength and integrity. This is especially true in today's unpredictable economic climate. Volunteer-governed organizations constantly face the challenges of growing revenue, managing cash flow, building reserves, evaluating pricing strategies and decisions, funding programs, and forecasting revenues and expenses.
SmithBucklin's substantial experience, resources and proven practices in non-profit financial management offer client organizations not only a comprehensive set of accounting services, but also decision-support tools and guidance.
Our accounting services include bookkeeping, financial reporting, accounts receivable, dues collection, accounts payable, budgeting, bank statement reconciliation, issue resolution (related to bank charges, return checks, credit card payments and other matters), independent audit coordination and support, cash management, tax preparation, and federal and state law compliance.
We maintain a strict system of internal accounting controls and procedures that ensure transactions are authorized, recorded and reported properly. The internal control system is augmented by an independent annual audit, written policies and guidelines, careful selection and training of qualified personnel, and detailed review procedures. Our system of controls and procedures are time-tested to ensure the highest levels of integrity and reliability.
SmithBucklin's significant expertise and leading practices also support client organizations in the following crucial areas:
- Building realistic budgets
- Finding ways to leverage expense dollars
- Developing realistic forecasts of needs
- Determining short- and long-term cash requirements
- Preparing sensitivity analyses on multiple scenarios
- Suggesting alternative and creative means to generate revenue
- Recommending different pricing schemes for dues, conferences and other member services, including break-even analysis
- Sharing proven practices/procedures to monitor and control costs
- Performing membership cost analyses
- Providing advanced executive reporting tools such as the Balanced Scorecard to help support decisions and monitor trends
Our goal is to provide a basis for thoughtful and judicious analysis in order to create a financial framework that ensures financial stability and viability for client organizations.
Above all, our focus is on providing our client leaders with peace of mind. Those who entrust us with the management of their finances know that they are in the hands of proven professionals with the experience to execute flawlessly in a time-sensitive and cost-effective manner.
Please contact us to learn how our full-service management capabilities can benefit your organization.
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