At NCheng LLP, our audit services are designed to provide our clients with the assurance that their financial statements are accurate, reliable and in compliance with the relevant accounting standards. Our experienced team of professionals is well-versed in the accounting and auditing standards that are specific to not-for-profit organizations and has extensive experience in government grants compliance requirements. Our in-depth knowledge and understanding of the unique needs of not-for-profit organizations allows us to provide our clients with high-quality and tailored services.
Our audit services go beyond just financial statement audits and include Single audits of federal programs. These audits are specifically designed to ensure that our clients are in compliance with federal grant requirements and to identify any areas of weakness in their grant management processes. Our team of experts works closely with our clients to provide comprehensive audit services that deliver real value and help them achieve their financial and operational goals.
NCheng LLP provides a range of assurance services to our clients, including audits of financial statements, single audits in accordance with the Uniform Guidance, program-specific audits, contract compliance audits, agreed-upon procedures, and indirect cost rates. We also offer third-party audit preparation and response services to help our clients navigate complex regulatory requirements. In addition, we provide reviews and compilations of financial statements and cost certification for LIHTC projects. Our team of experienced professionals is dedicated to providing our clients with high-quality, reliable assurance services to help them achieve their financial goals and maintain compliance with applicable regulations.
NCheng LLP provides a comprehensive range of tax services to our clients, including tax and annual returns filings for various forms such as 990, 990PF, 1120, 1065, and CHAR500. We also assist our clients with navigating the complexities of unrelated business income tax and assist with exempt applications and state registrations. In addition, we provide representation before the IRS or state tax authorities, helping our clients resolve tax issues and disputes with confidence. Our team of experienced tax professionals stays up-to-date with the latest tax laws and regulations to provide our clients with timely, accurate advice and guidance. We are committed to helping our clients optimize their tax planning and compliance to minimize their tax burden and maximize their financial success.
Governance, Risk and Compliance
NCheng LLP provides a wide range of governance, risk, and compliance services to help our clients manage their business risks and comply with applicable regulations. We specialize in internal control assessment and enhancement, grant compliance, and regulatory compliance, providing our clients with the tools and guidance they need to mitigate risks and achieve their strategic objectives. We also offer board and audit committee advisory services, internal audit co-sourcing and outsourcing, accounting manuals and procedures development, and enterprise risk management services. Additionally, our forensic accounting services help our clients investigate and resolve financial fraud, embezzlement, and other financial irregularities. Our team of experienced professionals has a deep understanding of the complex regulatory landscape and works closely with our clients to develop tailored solutions to their specific governance, risk, and compliance challenges.
Tax Credit Services
NCheng LLP offers specialized tax credit audit services to help our clients comply with applicable tax credit regulations and maximize their tax benefits. Our experienced tax professionals are well-versed in the complex rules and regulations governing tax credits and work closely with our clients to identify and document eligible activities and expenses. We provide comprehensive tax credit audit services for a variety of tax credits. Our services include pre-audit planning, fieldwork, report preparation, and audit defense, providing our clients with a full-service solution to their tax credit audit needs. We understand the importance of tax credits to our clients and work tirelessly to ensure that they are receiving the full benefits to which they are entitled.
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