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Date: | Tue, 12 Jul 2022 14:28:04 -0400 |
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Lesley -
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.
-Rich Boulet
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
> she/her
>
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