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Iia Sept 2021 728x90
Assessing Financial Activities in Nonprofit Organizations

Name

Assessing Financial Activities in Nonprofit Organizations

Description

Assessing Financial Activities in Nonprofit Organizations
(certain sections of the following may be specific to the U.S.)

Indicator
1. The organization follows accounting practices which conform to accepted standards.
2. The organization has systems in place to provide the appropriate information needed by staff and board to make sound financial decisions and to fulfill Internal Revenue Service requirements.
3. The organization prepares timely financial statements including the Balance Sheet [or statement of financial position) and Statement of Revenue and Expenses [or statement of financial activities!] which are clearly stated and useful for the board and staff.

For the complete list of indicators login and download the template

Standard (Non-IT) Audit Program

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