KOCH & HOOS, LLC

Setting Up Your Organization

 

Koch & Hoos can provide the training necessary to get your non-profit's accounting up and running and to ensure that your organization is prepared to handle the processing of any political expenditures related to your advocacy mission. Support and training services include, but are not limited to the following:

 

• Assist with non-profit organizational activities such as the selection of finance software, establishing caging procedures, selection of credit card processing vendor, etc.

• Provide training to the non-profit's in-house staff on accounting procedures as requested.

• Provide ongoing guidance on the permissibility of contributions and other campaign finance-related issue

• Assist with establishing a budget suited to the non-profit's specific requirements.

• Provide caging, data entry, and compliance services related to the processing of receipts, as well as preparing disbursements and managing accounts payable.

 

 

Accounting Services

 

In non-profit accounting, accuracy and attention to detail are highly important. Outsourcing your organization's accounting to Koch & Hoos is a cost-effective alternative to hiring an in-house accounting staff, and it ensures that your finances will be handled properly. Koch & Hoos can provide the following customizable services:

 

• Caging, data entry and compliance services related to political contributions.

• With appropriate authorization, Koch & Hoos prepares disbursements and manages accounts payable. This includes check preparation, data entry of disbursements, and preparation of periodic accounts payable reports based on invoices received.

• Preparation of best efforts and other correspondence.

• FEC reporting and filing.

 

Non-profit Audit Support

 

Koch & Hoos has the expert knowledge of government regulations and accounting and auditing standards to ensure that your organization will be well-prepared for an audit. Our auditing and review services include:

 

• Independently verifying reported and actual cash position of your organization.

• Performing comparative analysis of reported receipts with banking activity, and identify the source of possible discrepancies.

• Conducting a sampling of individual contributor records for accuracy of reporting and completeness of documentation.

• Performing a detailed review of all disbursement activity for the review period.

 

Koch & Hoos provides clients with detailed reports on the results of the review and recommendations for correcting any discrepancies. We also work with clients during the review process, providing updates and detailing any potential issues to be addressed prior to delivery.