Nonprofit Finance · Founded 2026 · United States

Big-Four-grade
finance, built for
your mission.

Outsourced CFO, GAAP-ready bookkeeping, Form 990 preparation, and audit-readiness for nonprofits, foundations, and federal grant recipients — at a fraction of Big Four cost.

Two Vereschagas. One financial standard.
Credentials
  • CMA (IMA)
  • Big Four Audit Exp.
  • CPA Candidate2026
  • Form 990 Specialty
  • NPO Sector Focus100%
The team: Sergei Vereschaga, CMA + Ivan Vereschaga = V2 Advisory
— Why we're different

The auditor's view,
before the auditor arrives.

Most nonprofit finance teams meet their independent auditor once a year — and spend the prior month scrambling to produce schedules, reconciliations, and supporting documents that should have been ready all along.

We've spent careers on both sides of that table. We know exactly what auditors test, what they request, and what raises flags. So we build your finance function the way it should look before the audit starts.

The fastest way to a clean audit is to build for one from day one.
— V² Operating Principle № 1

What we do.

Comprehensive finance support for nonprofit organizations — from monthly close to annual Form 990, with a focus on getting you audit-ready and grant-compliant.

01 — STRATEGIC

Fractional CFO

Senior financial leadership without a full-time hire. Board reporting, cash flow forecasting, budget modeling, and grant strategy — in 10 to 40 hours a month.

  • Board & finance committee reporting
  • Multi-year budget & cash forecasting
  • Restricted fund tracking
02 — OPERATIONAL

GAAP Bookkeeping

Monthly close performed to GAAP and FASB ASC 958 standards — the same standards your auditor will test against. No surprises at year-end.

  • Monthly close & reconciliations
  • Functional expense allocation
  • Net asset classification (with/without restrictions)
03 — TAX

Form 990 Preparation

Complete preparation of Forms 990, 990-EZ, 990-PF. We treat the 990 as the public document it is — every donor, regulator, and watchdog will read it.

  • Schedules A through R
  • UBI analysis & Form 990-T
  • State charitable registrations
04 — READINESS

Audit Readiness

Pre-audit preparation, PBC schedule production, and on-site support during your independent audit. We work alongside your CPA firm, not in place of one.

  • Pre-audit checklist & clean-up
  • PBC list response & documentation
  • Single Audit prep (Uniform Guidance)

Honest about scope.

We believe in being clear about exactly what we do — and what we don't. Nonprofit boards have asked us, point-blank: "Are you our auditor?" The answer is no, and here's why that distinction matters.

What we do

  • Monthly bookkeeping and close to GAAP / ASC 958 standards
  • Form 990, 990-EZ, 990-PF, 990-T preparation
  • Fractional CFO and finance committee support
  • Board financial reporting and dashboards
  • Pre-audit clean-up and PBC schedule preparation
  • Grant compliance documentation and tracking
  • Internal controls assessment and design
  • State charitable registration filings

What we don't

  • Independent financial statement audits
  • Single Audits under Uniform Guidance
  • Reviews and compilations under SSARS
  • Any attest engagement requiring a CPA opinion
  • SEC filings or PCAOB-registered services
Independent audits in the U.S. require a licensed CPA firm — by law in every state. We work alongside CPA audit firms, not in place of them. If you need an audit, we can recommend trusted partners and prepare your books so the audit goes smoothly.
— The two V's

Father, son, and a shared standard.

V² is a family practice. One V brings two decades of management accounting experience across nonprofit and for-profit operations. The other brings current Big Four audit perspective from the inside. Both Vs read every client email. Neither one outsources judgment.

/ MANAGING PARTNER

Sergei Vereschaga

CFO Services · Bookkeeping · Form 990

Twenty-plus years in management accounting and corporate finance. Specializes in nonprofit financial operations, GAAP bookkeeping, and audit-readiness for organizations with $500K to $50M in annual revenue.

CMA · IMA 20+ yrs experience NPO sector focus
/ ASSOCIATE PARTNER

Ivan Vereschaga

Audit Methodology · Compliance · Strategy

Currently auditing nonprofit and commercial clients at a Big Four firm. Brings firsthand auditor perspective: what gets tested, what gets flagged, what trips up finance teams. Joining V² full-time upon CPA licensure.

Big Four Audit CPA Candidate · 2026 NPO assurance

Therefore.

Every recommendation we make follows from documented evidence. We show our work — to your board, your auditor, and ourselves.

Identical standards.

We apply Big-Four-level methodology to organizations of every size. The principles don't scale down — only the price does.

Long horizon.

A father-and-son firm thinks in decades. We're building something to outlast both of us — starting with the relationships.

— Get started

Let's see if we're a fit.

A 30-minute intro call to understand your organization, your current finance setup, and where V² can help. No commitment, no pressure. Both partners review every inquiry.

OfficeTo be announced
Phone+1 (XXX) XXX-XXXX
Emailhello@v2advisory.com
HoursMon–Fri, 8am–6pm ET
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