Charities and Non-Profit Services

We can assist with meeting the disclosure and regulatory requirements for Boards, the NPO Law, and other key stakeholders by preparing:
• Balance Sheet: showing the position for assets, liabilities and residual equity;
• Income Statement: which shows the sources of income and areas of expenditures in operating the organization;
• Statement of Cost of Function: which shows all the expenses allocated to either program services, fundraising, or operations;
• Individual Program Expense Statements: which report the expenses for each program or service; and
• Revenue Support Schedules: which detail the organization's sources of income in specific categories such as assessments, charitable donations, membership fees, investment income.

To achieve this FINCOR will:

• Review and compile your financial statements;
• Design, install, and maintain your Accounting System;
• Prepare your payroll on Weekly, bi-weekly, or monthly basis;
• Prepare Bank Deposits;
• Provide training for your accounting personnel where necessary;
• Provide training for your board to understand financial statements and effective budgeting practices; and
• Assist in compliance activities such as pension and health insurance schemes.