Tue, 12 Jul 2022 14:28:04 -0400
IMO If you already have a CPA who provides you with a year-end audit,
review or compilation, they are accurately filing your IRS 990, and you are
happy with their work, you do not need an accountant / CPA / etc. who
specializes in nonprofit accounting. If you don't at least do an annual
compilation to bring your books in line with GAAP, I think it's a good idea
to hire a CPA who is comfortable working with nonprofits. I think you can
rely on a CPA to determine if they are qualified to help you.
Having said the above, I think it is reasonable for a board to determine
the level of outside accounting that they prefer. This is probably one of
those cases when the board decides and the Library Director advises.
Blue Hill Public Library
On Tue, Jul 12, 2022 at 2:12 PM Lesley Unger-Mochrie <
[log in to unmask]> wrote:
> Hello all,
> I have one of my Board members insisting that we need a specialized
> non-profit accountant. Does any other library use that type of accountant?
> Thank you for answering - off list preferred.
> Best wishes,
> Lesley Unger
> Library Director
> Springvale Public Library
> 443 Main St
> Springvale ME 04083
> wk: 207-324-4624
> Cell: 603-866-4164