Learn about our most common services. We also offer additional support, providing tailored approaches to meet your needs.
Financial Operational Assessment
Looking to build confidence in your operational structure or vendor accuracy? We can assess whether various areas of your organization’s accounting department conform to applicable regulations and best practices and help you implement changes. These areas include:
- Financial Procedures & Related Documentation
- Segregation of Duties
- Allocation Methodologies
- Accounting Close Calendar/Checklist
CFO Advisory Services
As a financial leader, you may find there’s rarely enough time to accomplish everything. Our professionals can assist by providing project management related to crucial tasks, including:
- Internal & External Reporting, Including Dashboards & Metrics
- Audit Preparation, Including Single Audit
- Budget Development, Process, & Execution
- Succession Planning
- Cash Flow Modeling
Grants Management & Compliance
Questioning grant risks or wondering if you have the structure in place to support anticipated awards? FORVIS can help ease your mind.
We provide consulting services that look at areas a regulator or funder might scrutinize.
We don’t just report on noncompliance; we identify potential opportunities, more efficient ways to comply, and best practices to help you reduce the risk of sanctions or reduced funding.
Services include:
- Grants Management & Compliance
- Evaluation of Policies & Procedures
- Development & Implementation of Financial Planning, Tracking, & Reporting Systems That Support Grant Budgeting & Reporting Processes
Accounting Standards Implementation
Complying with new standards is crucial. But when your staff is balancing many tasks, it can be hard to spare the time and resources to accurately incorporate new industry guidance.
Whether you’re just starting or need help reaching the finish line, we can help your organization plan, prepare, and implement new accounting standards.
Services include assistance with:
- New Accounting Standards Implementation, Including New Disclosures for External Auditor Evaluation
- Tax Preparation, Planning, & Consulting
Policies, Procedures, & Internal Controls Consulting
Setting effective policies and procedures in place can help you manage risks and streamline processes.
We can help you implement your organization’s policies and procedures and keep documentation up to date. We also can assess how well your teams comply with existing internal policies.
Services include assistance with:
- Policies & Procedures Evaluation
- Monthly Close Controls & Process
- Development of Organizational & Departmental Policies & Procedures
Organizational & Board Leadership Consulting
Those in leadership face unique challenges. With so many competing demands for time, some issues may go unnoticed until complications arise. We identify best practices to help you address the needs of your organization while remaining focused on priorities.
We provide assessments and recommendations across a broad range of services, including:
- Strategic Planning & Resource Alignment
- New & Incremental Revenue Streams
- Board & Leadership Development, Orientation, & Training
- Stakeholder Relations & Communication
- Market & Industry Comparisons
Digital Technology Strategy & Innovation (DTSI)
By leveraging cutting-edge technologies and tailored strategies, we help nonprofits enhance their ability to report both financial and nonfinancial data, engage key stakeholders, and drive meaningful change. Your DTSI team works with internal decision makers to evaluate the organization’s current processes and challenges, leveraging our understanding of the nuances of accounting, development budgeting, and donor/volunteer/sponsor management, which is unique to each nonprofit. We’ll work with you to reimagine an integrated system environment that meets the goals of its end users. This work assesses how to tailor solutions through enhancements to the fundamental three components of any department: people, process, and technology. Our goal is to craft an innovative, in-depth solution to help your nonprofit fulfill its mission in today’s digital world.
Our suite of services will help you navigate your digital transformation journey through these phases:
- Digital Systems & Process Diagnostic
(Includes evaluating organizationwide and department-specific priorities, and helping develop system requirements and implement vendor specifications) - Project Road Map & Workplan & Resource Planning
- System or Implementation Vendor Selection
(FORVIS acts as your liaison in a system-/vendor-agnostic evaluation of demos and presentations to facilitate the organization’s due diligence in making informed final decisions) - Pre-Implementation Support
(Includes data readiness, chart of accounts redesign, integration support, and identification and documentation of required process changes) - Implementation Support
(Includes scalable options of assistance from full implementation support and experienced subject matter consultation to milestone project management) - Post Go-Live
(Includes enhanced or supplemental training, first quarterly close assistance, tailored dashboard creation, and more)
