Why do Audits Matter?
Not all nonprofits are legally required to have an audit, but in today’s world of 24-hour news cycles and the instant amplification of any scandal, it may be needed to secure your stewardship.
Audits guard the reputation of a well managed nonprofit and also helps secure funding. Funders rely on audits to provide confirmation of accountability and transparency into your nonprofit’s financial management.
Preparing for an audit is much easier with a nonprofit financial management system. Modern cloud accounting software will save your finance team and your auditor a significant amount of time and prove to your key stakeholders that your financial statements are audit-ready.
Download the Guide to Speed up Your Audits
Download the eBook below to find out:
- What goes into a nonprofit audit
- How the risk assessment process works
- How to achieve an expedient, cost-effective audit
- How to produce audit-ready financials in the cloud