Financial Audits for Small Nonprofits By: Kellie Brungard, GPC
Assel Grant Services
MAY 6, 2024
Disclaimer of Opinion – This type of report shows a company is not compliant with GAAP guidelines and portrays gross misstatements on its assets and liabilities. Nonprofits spending $750,000 or more of federal (or federal pass-through) funds in a year must complete a Single Audit.
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