Accounting Principles Compliance Financial Reporting General Ledger 
The Charity CFO
APRIL 29, 2022
We won’t deal with other types of nonprofit audits , like compliance audits or governmental audits, which can differ in certain respects. The purpose of a financial statement audit is NOT to detect fraud. And review the financial statement draft for the following: Totals are calculated correctly.
The Charity CFO
FEBRUARY 4, 2022
Nonprofit bookkeeping is the process of entering, classifying, and organizing financial data for the purpose of creating accurate financial records for your organization. Execute data entry to keep the general ledger current . Allocate revenue and expenses to restricted fund accounts . Prepare bank reconciliations.
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