Organization of audits in non-governmental non-commercial organizations


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g) Final Reporting: Lastly if required produce final detailed external document outlining extent performed plus final recommendation expressing opinion regarding overall fairness reflected within statement prepared by NGO/NPO along side material conditions affecting operations during period under review following standards set forth governing relevant legislation that applies

  • g) Final Reporting: Lastly if required produce final detailed external document outlining extent performed plus final recommendation expressing opinion regarding overall fairness reflected within statement prepared by NGO/NPO along side material conditions affecting operations during period under review following standards set forth governing relevant legislation that applies

3. The results of an audit in a non-governmental nonprofit organization can vary based on the size and complexity of the organization as well as overall financial health. Generally, when a financial statement is found to be fairly presented, meaning that it accurately reflects all resources and activities according to applicable criteria established by donors or other funding sources, then the auditor would issue an “unmodified opinion” which indicates there no adjustments were necessary for them can express their opinion about this set of financials contradicting their quality work. However if any adjustment had been made (because any adjustment will even affect future years) they would issue a disclaimer of opinions stating that they weren't able to come up with your predetermined , unmodified opinion concerning those numbers given regarding this period under review

  • 3. The results of an audit in a non-governmental nonprofit organization can vary based on the size and complexity of the organization as well as overall financial health. Generally, when a financial statement is found to be fairly presented, meaning that it accurately reflects all resources and activities according to applicable criteria established by donors or other funding sources, then the auditor would issue an “unmodified opinion” which indicates there no adjustments were necessary for them can express their opinion about this set of financials contradicting their quality work. However if any adjustment had been made (because any adjustment will even affect future years) they would issue a disclaimer of opinions stating that they weren't able to come up with your predetermined , unmodified opinion concerning those numbers given regarding this period under review

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