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  1. 1. Not-for-Profit Industry Capabilities and Services RSM McGladrey McGladrey & Pullen LLP Certified Public Accountants Experience the Power of Being Understood SM
  2. 2. • Over 80 years dedicated to serving the audit, tax and consulting needs of not-for- profit organizations • 5th largest public accounting firm nationally with more than $1.5 billion in revenue • Nearly 90 offices and more than 7,000 employees in the U.S. • Largest member of the RSM International (RSMi) – the sixth largest global network of independent accounting, tax and consulting firms • Global service footprint includes: • Presence in 76 countries • 32,500 people in 736 offices • $3.9 billion in worldwide revenues • America’s high value global services firm Firm Overview
  3. 3. • Not-for-profit industry is a focus area for our firm with dedicated national resources to support our practice • More than 600 professionals who serve approximately 4,000 not-for-profit organizations across the country • Our Mid-Atlantic Practice currently serves more than 900 not-for-profit organizations including: • Memberships, Professional and Trade Organizations • Charitable, Humanitarian, Cultural and Religious Organizations • Education – including Secondary and Higher Education • Foundations • Health Care • International Organizations • A majority of our 200 local team members spend 100% of their time working with not- for-profit organizations • Professionals participate in continuous training to understand the unique aspects of serving the needs of not-for-profit organizations • We provide thought leadership and guidance on industry hot topics including: – 403(b) audit requirements – FAS 117-1/ UPMIFA – FIN 48 implementation – Fair value measurements and disclosures • Our industry knowledge and experience enables us to provide meaningful observations and insights Not-for-Profit Industry Experience – Alternative investments – Governance – Risk issues
  4. 4. Solutions That Fit Assurance Operations Consulting • Consulting and Information Systems • Risk Management and Internal Control Services • Technology Business Solutions • Federal Award Consulting • Forensic Accounting and Investigative Consulting • International Business Services • Charitable Registration • Outsourced Accounting Group Federal Tax Services • International Tax Services • State and Local Tax (SALT) Services • Tax Process and Technology • Executive Tax Services • Retirement Plan Services • Tax Compliance Financial audits • Performance Audits • Single Audit (Circular A-133) • Accounting and financial services • Accounting, bookkeeping & reporting assistance • Employee Benefit Plan audits • Internal audit development & evaluation • Internal controls evaluations • Accounting manuals Tax Consulting Solutions that Fit the Not-for-Profit Industry
  5. 5. An audit is more than a report card. It’s intelligence to help you run your organization better. Our audit services provide insightful analysis and reliable results. • Financial audits • Performance Audits • Single Audit (Circular A-133) • Accounting and financial services • Accounting, bookkeeping & reporting assistance • Employee Benefit Plan audits • Internal audit development & evaluation • Internal controls evaluations • Accounting manuals Assurance Services
  6. 6. Tax services • Tax compliance/IRS examinations • Unrelated business income • Procuring and preserving organizations exempt status • Compensation and employee benefits Tax compliance services • Compliance • Compensation arrangements State and local tax services • Income and franchise tax consultation and planning • Audit defense • Multi-state restructuring • Voluntary disclosure agreements • High-income audits Tax Services • Lobbying/political activities • International tax • Mergers, acquisitions and restructuring • Apply for tax-exempt status • Unrelated business income • Tax attributes/matrices • Advisory opinions/ruling requests • Managed and certified audits • Sales and use • Accounts payable disbursement review We understand your challenges and can provide the expertise and resources to help you overcome them and achieve your strategic objectives. We can help you manage your organization’s unique state and federal tax obligations.
  7. 7. Enhancing your company’s value through a range of business focused services. Our consultants are focused on listening to your needs. Our services are designed to help you succeed. Companies today face a myriad of complex business challenges. To help navigate through these challenges, RSM McGladrey consultants provide a comprehensive range of services in the areas of: We offer a customized approach to our services that is based on your needs — combining in- depth industry knowledge and a longstanding commitment to our clients’ growth. McGladrey Advisory Services Operations Consulting and Information Systems Risk Management and Internal Controls Technology Business Solutions Federal Award Consulting Forensic Accounting and Investigative Consulting Industry Specific Advisory Services
  8. 8. Often not-for-profits need help refocusing their strategy, operations, and human capital to operate as efficiently as possible. Objective, third-party recommendations regarding business plans and systems can help provide assurance that these areas are working effectively and efficiently or to identify areas in need of improvement. • Focused operational reviews • System selection • Business continuity planning • Security review and planning • Business process improvement • General projects Operations Consulting
  9. 9. Not-for-profits share many of the concerns of commercial organizations — to increase revenues, reduce costs and operate effectively. RSM McGladrey has the expertise, tools, and extensive network of resources to help your organization achieve higher levels of performance. • Management consulting • Business software implementation • Strategic business planning • Technology architecture and design • Governance advisory services • Financial and accounting services • Development and fundraising Consulting and Information Solutions
  10. 10. We provide risk management expertise and a full range of technology risk management services to help assess and establish appropriate safeguards for an organization’s information system. • Internal audits • Sarbanes-Oxley • Quality assurance review • Internal controls Technology Risk Management Services • Business continuity planning to minimize the impact of disruption to operations • Information systems controls review • Network and application security review to protect organizations members’ and constituents’’ information • SAS70 readiness review • SAS70 audit • VISA payment card industry data security review Risk Management
  11. 11. It is important for not-for-profits to utilize the appropriate process enhancements, technology and software to improve their organization’s operations. Enhanced performance includes faster, more efficient access to information and helps maximize value to constituencies by offering a higher level of service. Through effective implementation of technology solutions, we can help you reduce your costs, increase profits and meet your strategic objectives. • iMIS15 • MicrosoftTM CRM • Microsoft DynamicsTM GP • Microsoft DynamicsTM SL • Sage MIP Fund Accounting • Deltek Technology Business Solutions
  12. 12. Our varied government and industry experience within this sector will provide your organization with an unmatched, competitive advantage. We can help maximize your profitability and achieve your short-term and long-term objectives by providing assistance pertaining to: • GAP analysis • Quarterly claims analysis • Strategic pricing support • Dispute resolution Federal Award Consulting
  13. 13. Forensic Accounting / Investigative Consultin Proactive fraud preventing and planning services • Fraud response planning • Fraud risk assessments • Corporate governance assessments • Internal control review and assessment • Identification and measurement of fraud risks • Implementation of preventive, deterrent and detective measures • Mitigation of fraud risks • Enterprise risk assessments • Fraud prevention and ethics training • Oversight and compliance process development • Due diligence Reactive forensic accounting and investigative services •Financial fraud investigations •Quantification of fraud damages •Policy non-compliance issues •Asset misappropriation & employee embezzlement •Reconstruction of restatement of financial records •Conflict of interest cases •Investigatory data analysis and extraction •Regulatory non-compliance issues •Fidelity bond investigations and claims
  14. 14. Additional Services Retirement Resources • Actuarial consulting services • Defined contribution plan services Charitable Registration • Aid in streamlining entire registration process • Provide project management skills • Information gathering • Review supporting documents • Prepare mailings • Compile supplemental materials • Hands-on training Outsourced Accounting Group • Permanent, full time positions • Temporary, full time positions
  15. 15. • International practice providing assurance, tax and consulting services • $3.9 billion combined fees • 32,500 people • 3,150 partners worldwide • 736 offices in 76 countries • Only U.S. firm to maintain an international service office to manage and coordinate international engagements • Common global methodologies, standards and quality assurance programs RSMi Locations
  16. 16. International Business Services Audit, accounting and business services • Audit and assurance • IFRS • Business services • Strategies for business growth • Financial management Corporate recovery and insolvency Tax • Corporate tax planning • International tax planning • Personal tax planning • Personal wealth management • Transfer pricing Consulting • Technology Risk management • Enterprise Risk Management (ERM) consultancy and risk management software • Fraud prevention, investigation and forensic accounting services • Internal audit • SOX compliance audits Transaction services • Transaction support • Capital markets • Mergers and acquisitions • Disposals • Deal origination As a global “full suite” provider of business services and solutions, McGladrey has advised thousands of not-for-profit organizations engaged in international business. We are the only U. S. consulting firm to maintain a dedicated international office (IO) for the management of international client engagements.
  17. 17. Relationships: We Strive to Understand Excellence: We Never Stop Learning Integrity: We Earn Trust Unity: We Are McGladrey By consistently living these values, we create success for our clients, our people and our firm. Vision We will be known as the only global firm with the “local” touch that brings world class assurance, tax and consulting expertise to our clients through enduring – relationships built on genuine understanding and trust. Our Core Values and Vision
  18. 18. It’s all about understanding you – Your business. We seek to understand your business models, internal processes, objectives and preferences. Your industry. Our deep understanding of the not-for-profit industry and its general business functions and operations allows us to bring more innovative ideas to the table. Your challenges. We are proactive in identifying challenges that may affect your business. We seek out the chance to provide tangible value and uncover opportunities for you. Once we understand, we bring fresh insights and tailored expertise to help your organization succeed. The Power of Being UnderstoodSM
  19. 19. One McGladrey One Firm. We give you access to our best resources, matched to meet your specific needs, regardless of geographic boundaries. One Voice. We work with you to understand your business, develop relationships and provide seamless , world-class service. One Culture. We value our people and are focused on providing client service excellence.
  20. 20. Power comes from being understood.SM When you trust the advice you’re getting, you know your next move is the right move. That’s what you can expect from McGladrey. That’s the power of being understood. 800.274.3978 McGladrey is the brand under which RSM McGladrey, Inc. and McGladrey & Pullen, LLP serve clients’ business needs. The two firms operate as separate legal entities in an alternative practice structure. McGladrey & Pullen is a licensed CPA firm providing assurance services. RSM McGladrey provides tax and consulting services. RSM McGladrey, Inc. and McGladrey & Pullen, LLP are members of the RSM International (“RSMi”) network of independent accounting, tax and consulting firms. The member firms of RSMi collaborate to provide services to global clients, but are separate and distinct legal entities which cannot obligate each other. Each member firm is responsible only for its own acts and omissions, and not those of any other party. McGladrey, the McGladrey signature, The McGladrey Classic logo, The power of being understood, Power comes from being understood and Experience the power of being understood are trademarks of RSM McGladrey, Inc. and McGladrey & Pullen, LLP. © 2010 RSM McGladrey, Inc. and McGladrey & Pullen, LLP. All Rights Reserved.