For more than twenty
years,
BAKER TILLY PUERTO RICO, CPA's, PSC has been conducting audits and other
services for colleges, universities and non-profit organizations. We
have the knowledge and experience to understand the responsibilities
and requirements in the administration of state and federal funds. We
are the leading local firm in performing audits to colleges and
universities in Puerto Rico.
At
BAKER TILLY PUERTO RICO, CPA's, PSC we
perform financial and compliance audits on for-profit colleges that
received federal funds in accordance with the audit guide issued by
U.S. Department of Education ("Audit of Federal Student Financial
Assistance Programs at Participating Institution Services"), Office of
Inspector General. But our service goes beyond more compliance
review. Consultants with enough experience in this field will assist
you, and your institution, to carry out your trustee responsibilities.
We perform financial
and compliance audits of non-profit institutions in accordance with
the office of Management and Budget Circular A-133, Audits of States
and Local Government, and Non-profit Organizations". This audit, known
as a "Single Audit", is generally required to all non-profit
institutions expending $300,000 or more in federal funds during a
fiscal year.
Our experienced
consultants are prepared to assist you in the preparation of
proposals of grants, cost allocation plan for indirect costs, budgets,
obtaining and keeping your institution eligibility for state and
federal awards, obtaining federal and state tax exemption and
responding to Federal auditors reports; among other services.
Our audit partner and
consultants also assist your post secondary institution in the
accreditation process so to maintain your eligibility to receive
federal funds; also to enable adding new courses and curriculums.
Our Firm is a Dealer
in the distribution of specialized unique software for not for profit
organizations allowing your Organization to maintain control over all
funds (restricted or unrestricted).