USA: Successful Non-profit Governance Begins with the Independent Audit

Over the last few years we have seen several sweeping changes affecting nonprofits.  While current economic conditions continue to strain non-profit resources, the downturn has severely depleted the level of support that these organizations rely upon from government agencies and donors.  Factor in these conditions with increased government demand for accountability and responsibility, and it results in greater obligation for nonprofits and their board of directors to exercise financial oversight.  Should your organization undertake an audit, it is important that your organization understands the audit process from pre-audit communication through the audit scope to the post-audit review.


Click here for the full article: 
http://thebravergroup.com/successful-non-profit-governance-begins-with-the-independent-audit/ 

The Braver Group is a long standing and valued member of MGI.

2010-07-08