Audit & Attestation Services in Montgomery County, MD (Bethesda, Rockville, Silver Spring)
Quick answer
Montgomery County nonprofits follow Maryland’s charitable registration rules: a CPA audit at $1,000,000+ and a CPA review at $400,000–$999,999 of gross income from charitable contributions (effective July 1, 2026; government grants excluded). Federal research and health grants add Single Audits. Your Virtual CPA handles both.
Transparent, fair fees — quoted upfront.
Which rules decide whether you need an audit in Montgomery County, MD (Bethesda, Rockville, Silver Spring)?
Start here before you request proposals — the answer determines whether you need an audit, a review, or a compilation.
Maryland charitable registration — audit and review thresholds
Under Md. Code, Bus. Reg. § 6-402 as amended by 2026 Md. Laws ch. 394 (effective July 1, 2026), registered charities file a CPA audit when gross income from charitable contributions is $1,000,000 or more and a CPA review at $400,000–$999,999. Government grants are not counted as charitable contributions.
Maryland nonprofit audit requirementsFederal Single Audit — $1,000,000 in federal expenditures
Any nonprofit, school, or local government that expends $1,000,000 or more in federal awards in a fiscal year beginning on or after October 1, 2024 needs a Single Audit under 2 CFR 200.501 ($750,000 for earlier fiscal years). The reporting package is due to the Federal Audit Clearinghouse the earlier of 30 days after the auditor’s report or nine months after year-end.
Single Audit checkerCounty grants
Montgomery County government grants and contracts with nonprofits commonly include their own financial-statement or audit clauses. Check each agreement.
Common ownership communities
Montgomery County requires HOAs, condominiums, and cooperatives to register with its Commission on Common Ownership Communities; audit or review requirements come from Maryland law, governing documents, and lenders.
HOA & condo auditsNot sure where you land? Use the Audit Requirement Checker or read audit vs review vs compilation.
Who we audit in Montgomery County, MD (Bethesda, Rockville, Silver Spring)
Health & research nonprofits
Organizations near NIH and the county’s hospitals and health centers often carry federal research or HRSA funding.
Biotech & life-science companies
SBIR/STTR-funded firms along the I-270 corridor need cost support and, for investors or lenders, audited financials.
Human-services & faith-based nonprofits
Silver Spring and Rockville organizations frequently cross Maryland’s review or audit threshold as contributions grow.
HOAs & condominiums
Boards across Bethesda, Gaithersburg and Germantown use the audit or review to support reserves and assessments.
Communities covered
All engagements are delivered virtually through electronic document exchange, direct confirmations, and video meetings with management and your board or audit committee.
Montgomery County, MD (Bethesda, Rockville, Silver Spring) audit FAQs
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Planning an audit in Montgomery County, MD (Bethesda, Rockville, Silver Spring)?
Tell us about your organization and deadlines — we’ll confirm what you need and send a proposal.
Transparent, fair fees — quoted upfront.