audit Archives - Church Executive


The ins and outs of non-profit audits

By Alex Acree Unlike public companies, nonprofit organizations aren’t legally required to complete an annual financial audit. They don’t need to demonstrate to shareholders and government entities that their finances are in order. There are a few reasons, however, that nonprofits should conduct audits of their financial operations. Large nonprofits that receive more than one […]

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Why you shouldn’t dread an audit

There are many reasons why an organization might have a financial audit.

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When to change your auditor

Should you change audit firms? If so, when? Neither not-for-profit nor public companies are required to change firms at set intervals.

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Construction audits of billings and payments can save money

With church facilities under construction, you want to ensure that your money is wisely spent, while at the same time being viewed by your contractor as a cooperative business partner. Fulfilling your financial oversight responsibilities while fostering smooth working relations is a diplomatic endeavor.

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