Nonprofit Audits That Build Funder & Board Confidence
Our nonprofit audit services give charities, not-for-profit organizations, and grant-funded organizations clear assurance for boards, funders, regulators, and the communities they serve.
Common challenges non-profits face during an audit
For many organizations an audit is a condition of funding. It is also an opportunity to strengthen financial reporting, tighten controls, and give your board greater confidence.
Common auditing challenges:
- ×Volunteer-run books or incomplete supporting documentation
- ×Restricted funds and grant reporting that are difficult to reconcile
- ×Funder, lender, or regulator deadlines that leave little room for error
- ×Auditors who do not understand not-for-profit reporting frameworks
- ×Board members who need clear assurance, not a technical report
Not for profit audit services built around your mission
MyBookly's audit team brings years of Big Four and mid-market experience to charities, associations, foundations, and grant-funded organizations. We tailor the scope, fieldwork, and reporting to your organization instead of forcing every engagement into the same template.
Our not for profit audit services:
- ✓Financial statement audits for charities and not-for-profit organizations
- ✓Compliance and regulatory audits
- ✓Internal control reviews and gap analysis
- ✓Special-purpose audits for grant and funder requirements
- ✓Post-audit action plans your board and staff can execute
"An independent audit should do more than confirm compliance. It should give stakeholders confidence and help management strengthen the organization."
How we compare with other non profit audit firms.
Not every firm that serves organizations is built for them. The right choice among audit firms for nonprofits combines independence and professional rigour with clear communication and practical recommendations.
- ✓Deep experience with not-for-profit and charity audits
- ✓Fixed-fee engagements with transparent audit fees
- ✓Clear communication with boards and executive directors
- ✓Practical recommendations, not just findings
- ×Templated audits with no understanding of your mission
- ×Junior team members running the whole engagement
- ×Findings without practical remediation steps
- ×Hourly billing that stretches past the board-approved budget
Our step-by-step process.
A structured engagement from initial scoping through final reporting and debrief, planned around your funder deadlines.
Free consultation
We scope the engagement, timeline, and required deliverables so nothing is a surprise for your board.
Planning and fieldwork
We plan the audit, request records, and run fieldwork with minimal disruption to your staff and volunteers.
Findings and reporting
You get a clear audit report plus a practical management letter your board can act on.
Post-audit debrief
We walk your team through recommendations and help you close gaps before the next funding cycle.
"Addressing compliance and control gaps early can reduce risk, prevent costly disruption, and make the audit process more efficient."
Questions about our nonprofit audit services
Why does a non-profit need an external audit?
Funders, grant agreements, and provincial or federal legislation often require one. An audit also gives your board assurance that the financials are accurate and that funds are spent as intended.
How long does a nonprofit audit take?
Most audits run 4-8 weeks depending on the size of your organization, the number of funds you track, and how quickly records are provided.
What do audit fees for a non profit organization look like?
We quote a fixed fee up front based on your revenue, transaction volume, number of funds, and the state of your records. No hourly billing that balloons past the board-approved budget.
What is the difference between an audit and a review engagement?
A review provides limited assurance at a lower cost, while an audit provides the highest level of assurance. Many funders specifically require an audit, so check your grant agreements before choosing.
Do you work with organizations of every size?
Yes. From small community associations to multi-program charities, our not for profit audit services scale the fieldwork to your size and reporting requirements.
Get clear, independent assurance for your non-profit.
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