Detailed Services

• Compliance
  • Processing accounting transactions in accordance with Generally Accepted Accounting Standards and OMB circular A-133 standards in support of independent CPA audits
  • Preparation of data for CPA's during their independent audit as appropriate
  • Processing property tax forms
  • Legal maintenance and protection of records and data
  • Preparation of supporting documentation for independent tax preparers for purposes of filing Form 990's, 199's and the RRF-1
  • Annual coordination with payroll service for issuance of W-2's. We will issue 1099's
  • Attendance at Board of Director, Finance Committee and Audit Committee meetings as requested
  • Other compliance issues as discussed
• Budget Management and Analysis
  • Annual preparation of the organizational budget
  • Making budget modifications as necessary
  • Reasonable financial analysis as necessary
• Accounting Services
  • Creation of chart of accounts and fund accounting structure
  • Creation of appropriate authorization documents that interface between programs and accounting
  • Contract/grant invoicing in compliance with requirements
  • Accounts receivable/processing
  • Utilization of The Health Trust's general ledger system
  • Monthly bank reconciliations
  • Accounts payable check processing
  • Review of program invoices against agreed upon standards
  • Payroll processing of timesheets (ordinarily done by the company). We are back-up
  • Appropriate on-site training of program staff as necessary
  • Coordinated courier service will be provided as necessary
• Financial Reporting
  • Preparation of monthly Statement of Activities including variances against budget
  • Preparation of monthly Statement of Financial Position
  • Preparation of monthly Statement of Cash Flows
  • Preparation of monthly Statement of Investments
  • Preparation of monthly Schedule of Restricted Assets