How Nonprofits Should Respond and Prevent a Repeat Finding The goal is an unmodified opinion without findings. What if your audit has findings? For an
Avoid common Single Audit findings before fieldwork begins. Learn seven grant compliance problems nonprofits can identify and correct throughout the year.
So do North Carolina nonprofit audit requirements still apply to you? Mostly yes — just not the way you’d expect. You probably heard some good
In nonprofit work, every dollar has a purpose — and every financial decision has an impact. Yet many nonprofits unintentionally undermine their mission by relying
Learn how nonprofits can stay compliant with ASC 842 nonprofit lease accounting standards by tracking right-of-use assets and lease liabilities correctly.
The quality and timeliness of that opinion depend heavily on one thing: the strength and accuracy of your underlying accounting records.
HRSA is the largest funding source for most federally qualified heath centers and rural health centers. Since COVID funding has substantially increased the reporting requirements
The operating reserve is cash to be used in the organization. It is part of an overall cash flow plan. Reserves can be for a
Audits are expensive. They are the highest level of assurance; therefore, require the most work. The fee quoted will depend on several factors: How many
If you are a nonprofit organization in North Carolina you may be required to prepare a statement of functional expenses. The statement of functional expenses