Schall & Ashenfarb, CPA's has been serving the accounting community for over 30 years and prides itself on having the hands-on style of a small firm with the resources and quality of a larger, regional firm. Our primary niche of working with not-for-profit organizations allows us to hire and retain professionals that specialize in this unique industry. We also have a more traditional side of the practice that works with clients in commercial industries that include arts and entertainment such as Broadway and Off-Broadway Theater, touring theatrical productions, legal, medical and other professional service firms, professionals and self-employed individuals and more. We provide financial statement preparation, accounting and tax planning services for these clients.




Nina Bahazhevska, Audit Senior Manager and Director of Quality Review, has written an article featured in the April/May 2021 edition of The CPA Journal.  Click title below to read.

Conducting Single Audits During COVID-19

The Trusted Professional, an accounting publication, has summarized the highlights of the presentation of David Ashenfarb, CPA, our  Director of Not-for-Profit Services, from the recent Foundation for Accounting Education’s Nonprofit Conference. Click here to read the article. 

David Ashenfarb, Partner and Director of Not For Profit Services has written an article featured in the April 2018 edition of The CPA Journal.  Click title below to read.

Identifying Deficiencies in Single Audits Preparing for the Audit Quality Study

Please visit our Not-For-Profits Updates  for further information and other important industry related updates.


If you are required to file a Single Audit report, check out our video on the Single Audit Update

Watch our presentation on New Accounting Standards of ASU 2016-14

Subscribe to our  channel and stay up to date on our presentations.

If you have any questions pertaining to these new regulations, or any other matters relating to nonprofit accounting or industry matters, please contact David Ashenfarb at or Michael Schall at