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  1. Project-based Consulting

Project-based Consulting

When you need to make improvements to your financial systems, polices, and procedures, consider partnering with us for a consulting project. Projects typically last one to three months, based on the hours required to complete the work. Depending on the project scope, consultants are drawn from our financial services staff, or our Executive Service Corps program. Either way, the consultant is chosen to match the project.

Common Project Topics

Projects encompass a range of topics; some of the most common include:

  1. Setting up or making improvements to your bookkeeping system.
  2. Assessing and advising on internal controls
  3. Evaluating financial policies and procedures
  4. Reviewing your books and making recommendations for improvements to financial reporting
  5. Financial training for your board or staff members
  6. Budgeting process guidance and support

How it Works

We meet with you to discuss the problems you are trying to solve, your goals, and a timeline. From there, we'll confirm the scope of work, and select the appropriate associate to work with you. After a kickoff meeting, your associate works with you directly, and checks in regularly on the project's progress and milestones. Once the project is completed, your nonprofit will be in a stronger position--with better financial reporting, accurate historic data, or stronger policies and procedures in place--whatever the goals of the project.
To learn more about project-based consulting services, please complete a Request for Assistance inquiry or contact Nadjah Shackelford, Client Engagement Manager, at 206-682-6704 ext. 205.

Benefits

501 Commons has a mix of bookkeepers, accountants and CPAs who are available to meet your needs affordably.  Because we work with more than 60 organizations on an ongoing basis, we have a good understanding of the practical considerations that impact effective process improvements and change implementation.

As a nonprofit ourselves, we understand the challenges of providing meaningful financial information to boards, funders, and donors, balanced with the need to be cost-effective, yet rigorous, in maintaining the integrity of financial processes.