{"@context":"https://schema.org","@type":"FAQPage","mainEntity":[{"@type":"Question","name":"What kinds of disclosures are typically required in financial statements?","acceptedAnswer":{"@type":"Answer","text":"

Disclosures vary based on entity type and accounting method, but common examples include:\n

Revenue recognition policies
Lease and debt obligations
Related-party transactions
Litigation or contingencies
Basis of accounting (GAAP, cash, tax)

\n
\nWe prepare disclosures that meet GAAP or modified reporting standards, depending on your needs.\n
\nLearn more about our GAAP Implementation service if you're unsure what's required.

"}},{"@type":"Question","name":"Can you help with grant-related budgets?","acceptedAnswer":{"@type":"Answer","text":"

Yes. We regularly help nonprofit clients:\n

Prepare grant proposal budgets
Break out restricted vs. unrestricted uses
Align budgets with reporting formats required by foundations or government funders
Draft budget narratives or financial explanations

\n
\nFor longer-term nonprofit planning, see our Development of Budgets service.

"}},{"@type":"Question","name":"Are your disclosures formatted for audits and reviews?","acceptedAnswer":{"@type":"Answer","text":"

Absolutely. We work closely with auditors and know what's expected. Our footnotes are prepared to meet GAAP standards and are ready to be included in compiled, reviewed, or audited financial statements.\n
\nNeed help with assurance services? Visit our Audit of Financial Statements page.

"}},{"@type":"Question","name":"Will the budgets you prepare match my accounting system?","acceptedAnswer":{"@type":"Answer","text":"

Yes. We use your chart of accounts as a foundation so your budget structure aligns cleanly with your books. This also helps with budget-to-actual tracking and reporting accuracy.

"}},{"@type":"Question","name":"Can you help us present this to our board or lender?","acceptedAnswer":{"@type":"Answer","text":"

Definitely. We create executive summaries, slide decks, and high-level financial breakdowns for presentations to stakeholders - and we're available to answer questions directly if needed.

"}}]}