Embarking on an independent audit is a complicated, yet necessary process for many organizations. When it comes to nonprofit audit responsibilities, there are often questions about which task belongs to which party. Nonprofit boards are responsible for the oversight of their organization’s … Read More
Does Your Nonprofit Need an Independent Audit?
When it comes to audits, an independent nonprofit audit is different than an IRS audit. An independent auditor, who should be a Certified Public Accountant (CPA), completes an independent audit. These audits are an examination of your financial statements and accounting records. Once a nonprofit … Read More
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