Nonprofit Audits: Internal Controls, Prep, Budgets and More

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Nonprofit accounting teams spend about 20-30 hours per year on audit preparation – and between time and resource constraints, numerous funding sources and related transactions, restricted funds, regulatory compliance, board oversight and more – there are lots of moving parts.

How can your team implement a proactive approach to audits that makes the process efficient, seamless and easily replicable?
Join us for a strategic and pragmatic discussion covering year-round audit-readiness and preparation, including:

  • Best practices for each stage: pre-audit, fieldwork and wrap-up
  • Tips for developing tailored internal controls and conducting periodic evaluations
  • Building effective frameworks for documentation, fund tracking and reporting
  • Better collaboration with internal stakeholders, the board and your auditor
  • And more! 

Plus, we’ll review two examples of your peer organizations that have made specific adjustments to optimize audit prep.


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