Business Details
23 Years
experience
Certified Public Accountants for Labor & Benefit Plans
Founded in 2003, Novak Francella has established itself as a trusted provider of audit and advisory services tailored to labor organizations, employee benefit plans, and nonprofit entities. Our team of over 130 professionals brings deep industry expertise to clients across the United States, with offices strategically located in Boston, Connecticut, New York, Philadelphia, and Washington DC. We specialize in navigating the complex regulatory landscape governing labor and benefit plans, offering services that include traditional accounting, forensic analysis, internal control assessments, and technology reviews.Our dedicated payroll compliance department conducts more than 3,000 reviews annually, ensuring clients meet evolving compliance requirements. Through active participation in organizations like the AICPA and IFEBP, we maintain leadership in industry best practices while fostering professional growth through our Leadership Development Program. Our commitment to working people drives every engagement, combining technical excellence with a client-centric approach that prioritizes transparency and long-term partnerships.
Services
Employee Benefit Plans
Labor Unions
Nonprofit Audits
Payroll Compliance
Forensic Accounting
Internal Control Studies
Technology Reviews
Operational Assessments
Advisory Services
Audit Solutions
Details
- Year established: 2003
Highlights and features
- We have over 20 years of specialized experience in labor and employee benefit plan accounting.
- Our team of 130+ professionals provides nationwide service capabilities.
- We conduct 3,000+ payroll compliance reviews annually with dedicated experts.
- Our services include forensic analysis, technology reviews, and operational assessments.
- We maintain active leadership roles in industry associations like AICPA and IFEBP.
Services
Employee Benefit Plans
We serve as independent accountants for over 400 employee benefit plans, including pension funds, 401(k) plans, and health & welfare programs. Our audits ensure compliance with ERISA and IRS regulations while identifying operational improvements. Clients benefit from our deep understanding of multi-employer plans and specialized reporting requirements.
Labor Unions
Our team provides comprehensive accounting services to 125+ labor unions, addressing unique financial reporting and compliance challenges. We specialize in union constitutions, collective bargaining agreements, and regulatory filings while maintaining strict adherence to union accountability standards.
Payroll Compliance
Our dedicated department conducts 3,000+ payroll compliance reviews annually, verifying contributions to employee benefit plans and union agreements. We employ standardized methodologies to ensure accurate wage reporting and compliance with collective bargaining agreements across diverse industries.
Nonprofit Organizations
We provide independent audit services to nonprofit entities, focusing on compliance with IRS Form 990 requirements and grant-specific reporting. Our approach emphasizes internal control strengthening and regulatory compliance while supporting mission-driven organizations.
Advisory Services
Beyond traditional audits, we offer strategic advisory services including internal control assessments, technology implementations, and forensic investigations. Our consultants help clients improve operational efficiency and mitigate financial risks through tailored solutions.
Questions
What accounting services do you specialize in for labor organizations?
We provide full-service accounting for unions, including financial reporting, compliance audits, and regulatory filings tailored to labor organization requirements.
Do you offer audit services for employee benefit plans?
Yes, we audit over 400 benefit plans including pension funds, health & welfare plans, and apprenticeship programs with specialized expertise in ERISA compliance.
How do you handle multi-state payroll compliance reviews?
Our dedicated compliance team conducts standardized reviews across all 50 states, ensuring accurate contribution calculations and adherence to collective bargaining agreements.
What geographic areas do you serve?
While headquartered in the Northeast Corridor, we provide services nationwide with offices in Boston, New York, Philadelphia, and Washington DC.
Do you work with nonprofit organizations?
Yes, we serve member associations and charitable organizations with audit services focused on regulatory compliance and financial transparency.
