Internal Controls for Medium and Large Non-Profits-Part II, which is presented by Shawn Miller of Calibre CPAs, continues the discussion relating to controls that can be implemented to mitigate the
Unfortunately, we’ve become too accustomed to reading or hearing news on incidents of fraud in organizations. Hardly a week goes by that something doesn’t appear in the popular press.
Not for profit accounting and reporting has always been unique, and with recent changes in the presentation of financial statements, there is even more to consider. Couple that with the tax compliance that even tax exempt organizations face and the wide ranging governance responsibilities of the board, management of a not for profit organization begins to look like a complicated endeavor.
