Services

As noted on our Home page and our “About Us” page, we specialize in four niche services areas that mirror Lewis Sharpstone’s core competencies and expertise. On this web page we take a deeper dive into each service.

1. Audits of nonprofit organizations. Lewis performs reviews and compilations for nonprofits too if requested

2. Form 990 and related state forms preparation for nonprofit organizations

These first two niche service areas are designed to help nonprofits demonstrate accountability to stakeholders and are performed in this spirit.

For smaller nonprofit organization, a review or a compilation might be a cost-effective alternative to an audit. We would be pleased to discuss these options with you.

For each service, we place heavy emphasis on planning, to ensure we deliver all final deliverables on time.

3. Teaching, training, conducting seminars and board advising. Specialist areas include new accounting pronouncements, governance and ethics.

Although our firm has “standard” presentations and “customized” presentations, its important to understand that every presentation is carefully customized to each occasion. Standard presentations are simply those we have conducted many times before where we can tailor the materials relatively easily to each occasion.

Current “standard” trainings are as follows:

· New accounting pronouncements for nonprofit organizations

o Includes ASU 2016-14 (financial statement presentation)
o Includes ASU 2014-09(revenue recognition)
o ASU 2018-08 (clarification guidance on contributions)
o ASU 2016-02 (leases)

· Nonprofit governance best practices

· Finance and accounting for non-accountants (designed for nonprofit executive directors, CEOs and Board members and officers)

· Financial statements explained (designed for small business owners and entrepreneurs)

· Fraud prevention principles

· Ethics

12 case studies from Enron through Madoff. What really happened or didn’t happen, what would have prevented each situation from occurring and who were the true heroes of each case. Take away lessons for your organization.
Understanding the science behind why humans lie, cheat and steal. The knowledge leads to practical steps to improve even a healthy ethical culture.

Lewis Sharpstone & Co.

CPA Services for Nonprofits and More LSharpstone@ Sharpstonecpa.com

Services