Financial Services
Single Audit Prep
- Internal Control
KD Studios can provide guidance through your required annual single audit. The clarity and accuracy of your audit provide credibility for your organization with clients and funding sources.
Payroll
Accurate payroll is very important to your employees as well as satisfying program budget requirements. This is an often overlooked problem area for single audits as well as individual employee concerns.
Bank Reconciliation
The foundation to accounting credibility is the total reconciliation of your accounts, including programs and general unfunded resources. You need to know your financial commitments to your funders, your employees, your clients and how to fulfill them.
Accounts Payable
Timely and accurate payment to vendors creates an environment where you can expect great service and in special circumstances a favor from vendors when the timing on funding is bad or rapid response is critical to completing projects. Having enthusiastic vendors can make your job much easier.
Billing - Funding Sources
You are doing the work, paying the bills, payroll etc., don’t let any of the funding you have been awarded slip by. Just like timely and accurate vendor payments you need to be sure your billing is up to snuff. All of your planning and hard work can be tripped up in a second with uncollected revenues.
Program Budgets
Your funders will be looking at two aspects of your services, one - the actual implementation of your program and two - how you fund it. They will be very concerned with both and your ability to account for the expense of the program helps you find possible shortfalls and other problems with costs as early as possible into the program. You can be instrumental in helping your funder by accomplishing the intended goals of the program with quick and accurate program feedback.
Cash Flow - Forecast & Mgmt.
The total financial condition of your agency depends on decisions you make based on the information provided to you. The accuracy of your information allows you to make informed decisions on growth, hiring, new funding, keeping existing funding, and any other activities you would like to perform . Your cash flow should allow you the freedom to achieve your organizational goals.
Tax Preparation - Corporate - Personal
Lucia Kung CFO of KD Studios is a certified tax consultant. Let Lucia put her experience to work for you and your employees.
Financial Management
KD Studios can provide a complete financial package for your non-profit. And especially now, good fiscal accountability is very important to non-profits