CFM LLP is a client-oriented accounting firm serving not-for-profits, local governments, and small businesses with audit, tax, and management advisory services.
Craig, Fitzsimmons & Meyer, LLP (CFM) is a client-orientated leader within the local government, not-for-profit and small business community that is dedicated to providing innovative solutions for the public sector and small businesses. Founded in 1964 as Conrad R.
Sump & Co. our firm has a long history of deep devotion and commitment to our clients. Today CFM has evolved into a full-service, peer reviewed, public accounting firm located in Long Island, NY. Throughout our history we have continued to inform, guide, and keep pace with the many changes in the highly specialized areas we serve. We have developed a team of dedicated professionals skilled in providing the highest quality service and personal attention on which our clients have come to depend. Our clients will attest that once engaged Craig, Fitzsimmons & Meyer, LLP becomes a valuable and highly responsive partner that strives to help every client meet their goals and objectives.
Specialized expertise in not-for-profit and governmental accounting
Comprehensive management advisory services
Strong focus on risk mitigation and operational efficiency
Peer-reviewed firm with a long history of client service
Services
Audit Services
CFM provides audit, audit “shape up”, tax, and financial statement preparation services, going beyond by aiding in fundraising plans, risk mitigation, IT cost management, operational efficiency improvements, and governance advice.
Comprehensive audit and audit shape-up servicesFundraising plan developmentRisk mitigation strategiesIT cost managementOperational efficiency improvementsGovernance and policy advice
Management Advisory Services
CFM offers internal control studies, risk assessments, outsourced accounting, staff training, administration transitions, organizational planning, cash management, facilities planning, and professional services.
Internal control studiesRisk assessmentsOutsourced accounting (CFO to Go)Staff training workshopsAdministration transitionsStrategic planningBudgeting and forecastingRetirement need assessmentsCommunity mergers and consolidationsProgram performance assessmentsCash management and wealth preservationFacilities planningAttestation servicesTax filingsTreasury supportFinancial reporting systems design
Credentials & Certifications
CPA
Since 1964
CGMA
Since 2010
Frequently Asked Questions
What industries does CFM serve? +
CFM serves not-for-profit organizations, local governments, and small businesses.
What types of services does CFM provide? +
CFM provides audit, tax, management advisory, attestation, and professional services tailored to the needs of not-for-profits, local governments, and small businesses.
How does CFM support not-for-profit organizations? +
CFM aids in developing fundraising plans, risk mitigation strategies, IT cost management, operational efficiency improvements, and governance advice for not-for-profits.
What is the significance of the 2018 Yellow Book for local governments? +
The 2018 Yellow Book sets stronger independence standards for independent auditors and local governments, requiring them to possess the requisite Skills, Knowledge and Experience (SKE) for financial statement responsibility.
How does CFM assist with investment and financial planning for not-for-profits? +
CFM provides retirement and healthcare planning, endowment fund building, long-term capital planning, budgeting, tax and estate planning, and medical benefit self-insurance plans for not-for-profits.
What tax filing requirements does CFM handle for not-for-profits? +
CFM is knowledgeable of IRS requirements for Form 990, exemption Forms 10-23 and 10-24, and state/local agency filings, including registration and reporting for charitable gift annuities and games of chance.
