* CAAS Welcomes Your Help!

 

 


 

CAAS Welcomes Your Help!

Now is a great time to become a part of the team of volunteers helping small business owners, small not-for-profit organizations, and qualified individuals in Connecticut with their accounting, tax, and financial management issues through Community Accounting Aid & Services, Inc. (CAAS).

CAAS was founded in 1974 by the Connecticut Society of Certified Public Accountants and the American Institute of Certified Public Accountants. CAAS volunteers work to fulfill our mission of providing pro bono accounting assistance to qualified economically disadvantaged businesses, individuals, and not-for-profit organizations throughout Connecticut who are not currently being served by an accountant.

Our clients come to us most frequently by referral from Connecticut CPAs and from organizations and groups that deal with our target populations.

CAAS frequently provides assistance and information regarding the appropriate form of business organization; how to access governmental agencies; tax-filing requirements; how to set up an appropriate business record keeping system; and financial management.

In several communities, CPA volunteers use the CAAS book Starting a Small Business in Connecticut to teach classes on just that: how to be an entrepreneur in the Nutmeg State. CAAS has PowerPoint presentations to assist instructors with the presentations. CAAS volunteers provide a helping hand to new business ventures by challenging their owners to address the issues involved in transforming good ideas into great businesses.

CAAS also provides assistance to not-for-profit organizations by conducting training for board of directors members and staff members on accounting procedures, internal controls, understanding financial statements, and preparation for audits. CAAS volunteers also assist with the preparation of IRS Form 990 returns for qualified organizations.

Through its affiliation with the Community Economic Development Fund (CEDF), CAAS volunteers instruct courses on basic accounting, basic QuickBooks, and basic business taxes. Courses are designed for existing small businesses which have or seek micro loans from CEDF.

There are also volunteer opportunities to assist low-income individuals and families through community tax preparation clinics and through instruction on basic financial literacy. We welcome CSCPA members to join the many volunteers who make a difference in their communities. To be a part of our volunteer effort or for more information, call Jack Collins at CAAS at 203-235-2333, ext. 7146, or email ctcaas@hotmail.com.