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Accountants for non-profits and registered charities must understand and address the intricate needs of the organizations that enhance our communities. Accounting for the non-profit sector differs from corporate accounting as non-profits must abide by a unique set of standards. These operational differences must be observed, so that non-profits can serve our communities with integrity. At LB Accountants LLP, we appreciate everything that charities and non-profits contribute to our society. Our accountants are avid volunteers and our team is passionate about enhancing the financial stability of our not-for-profit sector. If you are a non-profit organization looking for seasoned accounting professionals to manage your financial concerns and opportunities, you will find a compassionate, innovative, and reliable team with LB Accountants LLP.

Our accounting firm, serving much of southwestern Ontario, can take care of registered charities’ comprehensive financial management and taxation needs. Our accountants will track your streams of revenue to ensure that funds are being used for their intended purpose. We can help you to keep track of your revenue and expenses to ensure that your non-profit or registered charity is operating in a sustainable fashion.

Keeping thorough and accurate financial records is essential to protecting your status as a reputable non-profit. Flawed accounting practices negatively affect your financial stability, and they also may compromise your community’s willingness to support your organization. Our non-profit accountants prepare and review the fillings required for the Canada Revenue Agency (CRA). By leveraging a professional accountant to manage your tax returns and financial statements, you are reinforcing your charity’s commitment to commendable practices. If your non-profit has struggled with the CRA in the past, our accounting team can help you to prepare for and work through a financial audit. Our accountants in southwestern Ontario are extremely skilled at performing audit engagements. We will do our very best to protect your organization against censure, enabling you to serve even more vulnerable communities.

Over and above monitoring your finances and refining your reporting processes, our non-profit accountants will help your organization to discover financial security. Our team understands that non-profits across southwestern Ontario need to take advantage of savings and growth opportunities to stay afloat. Collaboratively, we will establish and manage your tax-exempt status. If your non-profit or registered charity is eligible, we will ensure that you are benefiting from as many tax breaks as possible.

LB Accountants LLP will review your operational structure to ensure that your organization is running as efficiently and cost-friendly as it can be. Our team will help you to more effectively achieve your mission, while upholding your organizational values and respecting the wants and needs of your stakeholders. Our accountants for the non-profit sector privilege mutual respect and understanding. Throughout the year, we will work with your Board of Directors to deliver exceptional accounting services that protect the sustainability and integrity of your organization. We will check in with you, support you, and help you to create amazing changes within our community.

If you are a registered charity or non-profit, and you want a professional accounting firm that you can trust, contact LB Accountants LLP. Learn more about our principles and practices, and why they align with exceptional non-profit organizations. We look forward to supporting you, so that you can effectively support our communities.