All Posts

California private postsecondary schools and vocational training institutions may be required to provide independently reviewed or audited financial statements as part of their regulatory requirements. For smaller non-accredited institutions, a CPA financial statement review may satisfy the financial statement requirement without the substantially greater cost and work associated with a financial statement audit. The California BPPE Financial Statement Requirement The Califor

Nonprofit organizations face unique financial reporting requirements, particularly when applying for government, foundation, or other grant funding. For California nonprofit legal aid organizations, one important requirement may be an independent CPA financial statement review. The State Bar of California's Legal Services Trust Fund Program provides funding to nonprofit organizations that deliver free civil legal services to low- and moderate-income Californians. The program

California skilled nursing facilities generally must submit an Annual Consolidated Financial Report to HCAI within four months of fiscal year-end. Learn when a CPA review is required, what the filing includes, and how Streamlined Reviews can help.

California Regional Center service providers may be required to obtain reviewed or audited financial statements depending on the amount they receive from one or more Regional Centers. Understanding the applicable threshold can help a provider avoid last-minute reporting problems and prepare its accounting records before the deadline. What Are the Regional Center Review and Audit Thresholds? California Welfare and Institutions Code Section 4652.5 establishes financial statemen