Accountingnonprofit

Do I want or need a financial statement audit?

Does your nonprofit organization need an audit, review or compilation? What are the three main benefits of these procedures? The AICPA has a free 6 page report titled “Do I Want or Need a Financial Statement Audit” summarizing important information. The side-by-side comparison chart is especially useful.

I have been active in helping management of small nonprofits understand the cost/benefit of these procedures and would be pleased to discuss your organization’s specific circumstances.

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