How to Prepare for the Year End Audit
Once year end hits, the clock starts ticking. Most audits required by regulatory agencies or grantors, impose a deadline for completion of the audit. The most stringent deadline is 90 days from year end. Other organizations may have the annual board meeting as the deadline. Whatever the case, there are procedures you can perform to […]
Am I Required to Have an Audit?
The first question I ask as a nonprofit auditor when receiving a request for an audit quote is “Why do you need an audit?” Audits can be required by law, by a grantor, by the organizations by-laws, or some other requirement. There is no audit requirement based on the mere fact an organization is a […]
