Autor-Archive: AOXEN

Engaging an independent certified public accountant (CPA) to conduct an external audit is crucial for nonprofits. External audits objectively evaluate financial statements, enhance credibility, and ensure compliance with accounting standards and regulatory requirements. Nonprofits rely on donations and grants from individuals, corporations, and other sources. Effective bookkeeping helps track and acknowledge donations, maintain donor records, …

„8 Accounting Software for Nonprofits Our 2025 Review“ weiterlesen

Nevertheless, nonprofits trying to manage costs should not be shy about asking whether the third party will accept a review in place of a full audit. The third party (usually a funder) may understand the goal of cost savings and accept a review instead. Auditors will review your financial statements and assess the accuracy of …

„Nonprofit Audit: Best Practices for Preparation and Compliance“ weiterlesen