Nonprofit Accounting Systems & Financial Management Review

We would like the consultant to review Requity's current accounting structure, QuickBooks setup, financial reporting, and key accounting procedures and provide practical recommendations for improvement.

Deliverables would ideally include an assessment of our current processes; recommendations for improving our QuickBooks and chart-of-accounts structure, if needed; guidance on grant and restricted-fund accounting; recommendations for expense, payroll, and fringe allocation; and a clear month-end accounting/reconciliation process.

We would also like the consultant to identify any accounting practices or internal controls that should be added or strengthened and provide templates, procedures, or written guidance that our team can continue using after the project is completed.

At the completion of this project, Requity will have a stronger, more organized accounting system that can support our continued growth. Our team will have clear and consistent procedures for recording and allocating expenses, managing restricted grant funding, reconciling accounts, and producing accurate financial reports. We will also have greater confidence that our accounting practices follow nonprofit best practices and that the financial information we provide to leadership, the Board, funders, and auditors is accurate and easily supported by our records.

Ultimately, strengthening these systems will allow our administrative team to spend less time correcting or manually tracking financial information and more time supporting Requity's programs and mission.

Organization Mission

Requity’s mission is to break down barriers between vocational education and the workforce by preparing students to pursue their dreams and build the future they imagine.