Industries | Guidepost Inc.

Industry 01

Mortgage & Lending

NMLS-licensed brokerages and institutional lenders operating across state lines.

The Regulatory Landscape

NMLS-licensed mortgage brokerages are required by most states to submit annual audited or reviewed financial statements as part of license renewal. Warehouse lenders and secondary-market investors add further layers of scrutiny — requiring GAAS-compliant audits, trust account verification, and professional reporting packages with very short turnaround windows. Multi-state operators face compounding complexity: different filing thresholds, different deadlines, and different auditor independence requirements across jurisdictions.

NMLS Filing Delays

License renewals at risk due to audit firms missing deadlines. We ensure on-time delivery.

GAAS Compliance Gaps

Substandard review reports rejected by state regulators. Every engagement is CPA-principal led to GAAS standard.

Warehouse Lender Rejection

Incomplete audit packages stall lender approval. We build packages specifically for warehouse lender review standards.

Multi-State Complexity

Different thresholds, deadlines, and requirements across states. We manage multi-jurisdiction filing calendars end-to-end.

Trust & Escrow Verification

Trust account compliance is non-negotiable. Our audits include full trust account reconciliation and verification.

Secondary Market Preparation

Investor-ready financial packages require a higher standard of reporting. We build for secondary-market scrutiny from day one.

Applicable Services

Broker Financial Statement Review

Institutional Reporting

Multi-State Tax Compliance

All Jurisdictions

Secure Your Compliance Standing

Let's talk about your NMLS filing, warehouse lender package, or multi-state compliance needs.

Start the Conversation

Industry 02

Regional Center Vendors

Healthcare and social-service vendors receiving payments from California's regional center system under WIC §4652.5.

California Welfare and Institutions Code §4652.5 requires that all vendors receiving payments from a Regional Center for services rendered to individuals with developmental disabilities must obtain an independent audit or financial statement review of their financial records — conducted by an independent CPA.

Failure to comply results in suspension of Regional Center payments. The Department of Developmental Services (DDS) enforces compliance through SARC (State Auditor Report of Contracts) submission requirements. There are no extensions, and non-compliance is not remedied informally.

Vendor Types We Serve

Residential Care Facilities Day Programs Behavioral Health Providers Home Health & ILS Agencies Nonprofit RC Vendors Transportation Providers Supported Employment Agencies All RC Vendor Types

Applicable Services

Independent Audit for RC Vendors

WIC §4652.5 Compliance

Required by Law

Financial Review for RC Vendors

SSARS Review

Two-Year Exemption Assistance

Eligibility & Filing

Nonprofit Tax Returns (Form 990)

Exemption Preservation

Our Compliance Process — From Inquiry to SARC Delivery

01

Free Consultation

We assess your compliance requirement, eligibility for the two-year exemption, and recommend the right engagement type.

02

Engagement Letter

Scope, timeline, and fee — defined upfront. No surprises. You sign and we begin immediately.

03

Fieldwork

Our CPA team conducts testing, sampling, and reconciliation. Single, coordinated document request — no back-and-forth chaos.

04

SARC-Ready Delivery

Final report delivered, DDS-submission ready. Accepted by all California Regional Centers on-time, every time.

Frequently Asked Questions

Why did I receive a compliance letter from my Regional Center?

Regional Centers are required by the Department of Developmental Services (DDS) to notify all vendors of their audit and review obligations under WIC §4652.5. A compliance letter means you are required to submit an independent audit or financial statement review for the fiscal year specified. The deadline is typically within 180 days of your fiscal year-end.

What is the difference between an audit and a review?

An audit provides "reasonable assurance" — the highest level of assurance available. It involves detailed testing of transactions and internal controls. A review provides "limited assurance" — less extensive, faster, and less costly. Which one you need depends on the amount of payments you receive from Regional Centers.

What happens if I don't comply with WIC §4652.5?

Non-compliance results in suspension of all payments from your Regional Center. This means you will stop receiving reimbursement for services rendered until compliance is achieved and documented. The cost of non-compliance far exceeds the cost of an audit or review.

Get Compliant Today

Most RC vendors need 4–6 weeks. Don't wait until the deadline is 30 days away.

Start the Conversation

Industry 03

Small & Mid-Size Business

Growing businesses that need professional financial management.

Professional Standards for Every Business

The same rigor and precision we apply to institutional lenders and regional center audits is available to your growing business — scaled appropriately for where you are today.

Our SMB practice covers the full lifecycle: from entity formation and initial bookkeeping setup through strategic tax planning and CFO-level advisory — all led by the same licensed CPA principals who run our institutional practice.