Ncheng Llp - Partners for Development

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Our Experience

NCheng LLP has worked extensively with nonprofit organizations throughout its history, and is uniquely qualified to serve you. Over the years, we have gained recognition for our expertise and leadership in assisting nonprofit entities in resolving accounting, management and regulatory compliance issues. We serve a broad array of nonprofit organizations, and have developed services, which help them to effectively meet their critical needs for external financial reporting, regulatory compliance and general management guidance. We have extensive experience with the compliance requirements and audits of programs funded by NYC Department for the Aging, Department of Health and Mental health, Human Resources Administration, New York State office of Family and Children Services and many more City, State and federal agencies.

Our Commitment of Resources

We demonstrate our commitment to quality services by assigning the best-qualified staff to every engagement. Kwabina Appiah, who will be your Engagement Partner, has over thirty years of experience in audits of nonprofit organizations. He is the Engagement Partner on a number of our not-for-profit clients. He has experience in performing audits for agencies with international operations in Africa. He will be responsible for the general control and successful completion of the engagement. He will function as the liaison between the firm and PFD. He will ensure that the audit is performed efficiently and timely to meet your requirements. He will attend meetings with management and the Audit Committee or the Board of Directors of PFD.

Alwayne Burke, as the Engagement Senior Manager, will assist Kwabina in the day-to-day execution of the engagement. He has also worked extensively with nonprofit organizations.

Audit Efficiency And Effectiveness

Our risk-based audit approach and our extensive experience with numerous not-for-profit organizations will result in the most efficient and effective audit for PFD. We are committed to the use of state of the art technology to increase our audit efficiency and to provide excellent services to PFD

Our Commitment to Equal Opportunity and Diversity

Our ethnic diversity serves as a model for other professional firms. Our success has been enhanced by the cultural diversity and thought leadership of our multi-cultural professional staff. More than twenty nationalities are represented. We are dedicated to hiring the most qualified professionals without regard to race, gender, religion or national origin.

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II.Firm Background

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II.

Firm Background

NCHENG LLP – AT A GLANCE

Founded 1989

Number of Partners/Principals 5

Office New York City

Firm Member Affiliations American Institute of Certified Public Accountants

New York State Society of Certified Public Accountants

Peer Review Report 2014 Unmodified Report

Key Client Sectors Nonprofit

Government

Housing Companies

Health Care

Services Provided Financial Audits

Single Audits

Program Specific Audits

Audits of Internal Controls

Fiscal management Services

Human Resource Outsourcing

Internal Audit Support

Accounting Services

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Introduction

"Highly diversified and multi-cultural CPA firm"

NCheng LLP is a diversified, multi-cultural Certified Public Accounting and Consulting firm. Founded in 1989, the firm is located in New York City and employs approximately eighty professional staff and five partners/principals.

NCheng LLP has achieved outstanding growth and earned broad recognition for excellent performance and quality service, throughout its history. The firm provides a full range of services in assurance, accounting, tax and fiscal management services to a diversified client base. A detail list of services include the following:

Assurance

- Audits of Financial Statements

- Single Audits

- Program Specific audits

- Contract Compliance Audits

- Agreed-Upon Procedures

- Indirect Cost Rates Preparation

- Third-Party Audit Preparation and Response

- Reviews and Compilations

- Cost Certification for LIHTC Projects

Tax

- Tax Filings - Form 990, 990PF, 1120, and 1065

- Unrelated Business Income Tax

- Exempt Applications

- State Registrations

- Representation Before the IRS or State

Governance, Risk and Compliance

- Internal Audit support

- Internal Control Assessment and Enhancement

- Accounting Manuals and Procedures

- Legal and Regulatory Compliance

- Grant Compliance

- Enterprise Risk Management (ERM/GRC)

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