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. Selecting an auditor should always follow the nonprofit’s purchasing and procurement guidelines; at a minimum, a request for proposals should be used.
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