Home / Leadership Team / Walt Derengowski, CPA, CFE
Mr. Derengowski has over 19 years of public accounting experience with GRF CPAs & Advisors servicing the nonprofit sector exclusively. He manages audits for a wide variety of nonprofit clients like trade associations, charitable organizations, nongovernmental organizations, private foundations, political action committees and other similar institutions. He frequently travels internationally working with clients to audit federal award programs in accordance with the Uniform Guidance/OMB Circulars.
As a partner, Mr. Derengowski is responsible for all aspects of client service and engagement administration. He interacts with clients and their boards to plan engagements, resolve problems, and suggest procedures to improve the accounting process and internal controls.
Mr. Derengowski is an accredited expert in fraud prevention and detection. He specializes in identifying risk areas, validating financial statements and reviewing field office compliance with headquarters’ policies and procedures for nonprofits with international operations.
Mr. Derengowski oversees the training and mentoring programs within the Firm’s audit practice. In addition, he is actively involved in the Firm’s campus recruiting efforts and oversees the summer audit internship program.
Nonprofit organizations that are prepared ahead of time for an audit avoid making the audit an arduous process and, instead,…
To accommodate interested attendees who cannot attend the firm’s October 4 webinar on the topic, Gelman, Rosenberg & Freedman Audit…
Nonprofit organizations that are prepared ahead of time for an audit avoid turning the audit into an arduous process and…
Organizations have to be proactive in not only implementing, but monitoring and improving fraud prevention/detection controls in order to stay…
By Walt Derengowski, CPA, CFE, Partner, Audit Signed into law in 2013, the New York Nonprofit Revitalization Act (NPRA) introduced…
Our experts at GRF CPAs & Advisors guide you through the intricate matrix of understanding and analyzing the key components…
In June, FASB issued an update to Topic 958, “Clarifying the Scope of the Accounting Guidance for Contributions Received and…
Join Gelman, Rosenberg & Freedman CPAs and Financial Executives Alliance for an overview of the new accounting standard as it…
This seminar is designed to help companies understand timelines for the audit process, how the auditors think and some tips…
Join Gelman, Rosenberg & Freedman CPAs for an in-depth look at the new standard and how your nonprofit’s management can…
Nonprofit organizations that are prepared ahead of time for an audit avoid making the audit an arduous process and, instead,…
To accommodate interested attendees who cannot attend the firm’s October 4 webinar on the topic, Gelman, Rosenberg & Freedman Audit…
Nonprofit organizations that are prepared ahead of time for an audit avoid turning the audit into an arduous process and…
Organizations have to be proactive in not only implementing, but monitoring and improving fraud prevention/detection controls in order to stay…
By Walt Derengowski, CPA, CFE, Partner, Audit Signed into law in 2013, the New York Nonprofit Revitalization Act (NPRA) introduced…
Our experts at GRF CPAs & Advisors guide you through the intricate matrix of understanding and analyzing the key components…
In June, FASB issued an update to Topic 958, “Clarifying the Scope of the Accounting Guidance for Contributions Received and…
Join Gelman, Rosenberg & Freedman CPAs and Financial Executives Alliance for an overview of the new accounting standard as it…
This seminar is designed to help companies understand timelines for the audit process, how the auditors think and some tips…
Join Gelman, Rosenberg & Freedman CPAs for an in-depth look at the new standard and how your nonprofit’s management can…
Nonprofit organizations that are prepared ahead of time for an audit avoid making the audit an arduous process and, instead,…
To accommodate interested attendees who cannot attend the firm’s October 4 webinar on the topic, Gelman, Rosenberg & Freedman Audit…
Nonprofit organizations that are prepared ahead of time for an audit avoid turning the audit into an arduous process and…
Join Gelman, Rosenberg & Freedman CPAs and Financial Executives Alliance for an overview of the new accounting standard as it…
Gelman, Rosenberg & Freedman CPAs is proud to recognize four new partners effective January 1, 2016. Each has worked to advance…
Our managing partner, Jackie Oneto, CPA recently announced that effective January 1, 2014 Lindsay Holt, CPA was promoted to Audit…
Join our team as we discuss the key controls and processes organizations should consider in order to adequately prevent/detect fraudulent…
The COVID-19 pandemic has led to extraordinary challenges for nonprofit organizations and their leaders. While focusing on shrinking funding to…
The Office of Management and Budget (OMB) has released new guidance on single audits in the form of a 2020…
FASB’s Accounting Standards Update (ASU) 2014-09 – Revenue from Contracts with Customers (Topic 606) is shaking up how associations recognize…
Join our experts at GRF CPAs and Advisors who will guide you through the intricate matrix of understanding and analyzing…
Join GRF’s nonprofit assurance pros to learn how your organization can identify reciprocal and non-reciprocal transactions to comply with FASB…
Join Gelman, Rosenberg & Freedman CPAs and Financial Executives Alliance for an overview of the new accounting standard as it…
Gelman, Rosenberg & Freedman CPAs is proud to recognize four new partners effective January 1, 2016. Each has worked to advance…
Our managing partner, Jackie Oneto, CPA recently announced that effective January 1, 2014 Lindsay Holt, CPA was promoted to Audit…
Join our team as we discuss the key controls and processes organizations should consider in order to adequately prevent/detect fraudulent…
The COVID-19 pandemic has led to extraordinary challenges for nonprofit organizations and their leaders. While focusing on shrinking funding to…
The Office of Management and Budget (OMB) has released new guidance on single audits in the form of a 2020…
FASB’s Accounting Standards Update (ASU) 2014-09 – Revenue from Contracts with Customers (Topic 606) is shaking up how associations recognize…
Join our experts at GRF CPAs and Advisors who will guide you through the intricate matrix of understanding and analyzing…
Join GRF’s nonprofit assurance pros to learn how your organization can identify reciprocal and non-reciprocal transactions to comply with FASB…
Join Gelman, Rosenberg & Freedman CPAs and Financial Executives Alliance for an overview of the new accounting standard as it…
Gelman, Rosenberg & Freedman CPAs is proud to recognize four new partners effective January 1, 2016. Each has worked to advance…
Our managing partner, Jackie Oneto, CPA recently announced that effective January 1, 2014 Lindsay Holt, CPA was promoted to Audit…