Audit services for the nonprofit and education industry

The nonprofit and education industry has unique accounting and financial reporting needs. Our audit approach emphasizes early planning and an understanding of nonprofits and educational institutions that allows us to tailor our procedures to their specific needs. The result is an effective, cost efficient, independent audit that allows you to identify process improvements and plan more accurately for the future.

Audit services for nonprofit organizations and educational institutions include:

  • Financial statement audits
  • Uniform Guidance
  • Agreed-upon procedures
  • Employee benefit plan audits
  • Internal audit and controls

Find out more about RSM's audit services.

Related Insights:


Updated: Goodwill accounting alternatives for certain entities

We recently updated our white paper to reflect the new goodwill accounting alternative provided in FASB ASU 2021-03.

  • June 25, 2021


Donor-advised funds: Accounting implications related to pledges

A discussion of the accounting implications when a donor plans to use a donor-advised fund for a promise to give.

  • March 02, 2021
Top 5 missteps to endowment management under UPMIFA


Top 5 missteps to endowment management under UPMIFA

Are you managing your endowment funds under the current rules? See how you match up to these common issues in the application of UPMIFA.

  • Tom Sneeringer
  • |
  • October 30, 2020


Presentation and disclosure of contributed nonfinancial assets

The FASB recently issued requirements regarding the presentation and disclosure of contributed nonfinancial assets by nonprofit entities.

  • September 21, 2020


What is the board’s role in financial reporting oversight?

Audit committees play a critical role by overseeing and monitoring the financial reporting process for their organizations.

  • June 25, 2020