Organization of audits in non-governmental non-commercial organizations

During an audit in a non-governmental, non-profit organization, an auditor will review management's assertions regarding their internal control systems, as well as any significant transactions that occurred during the year, such as contracts and grants received or donated. The auditor examines supporting documents to confirm information reported in the financial statements. He or she also evaluates compliance with applicable laws and regulations, government accounting principles, and donor requirements. In addition to assessing control records for accuracy and completeness, auditors perform analytical procedures on transactions to identify unusual trends or outliers. Through these procedures, auditors are able to identify possible irregularities like fraud or mismanagement.

• During an audit in a non-governmental, non-profit organization, an auditor will review management's assertions regarding their internal control systems, as well as any significant transactions that occurred during the year, such as contracts and grants received or donated. The auditor examines supporting documents to confirm information reported in the financial statements. He or she also evaluates compliance with applicable laws and regulations, government accounting principles, and donor requirements. In addition to assessing control records for accuracy and completeness, auditors perform analytical procedures on transactions to identify unusual trends or outliers. Through these procedures, auditors are able to identify possible irregularities like fraud or mismanagement.

We can see that it is mentioned clearly and in detail in the legislation:

• We can see that it is mentioned clearly and in detail in the legislation:
• Article 39. Auditor's report

An auditor's report is a document containing a written opinion of an auditing organization on the reliability and compliance of financial statements with the requirements of accounting legislation.