Emerging topics in nonprofit reporting | NFP Section webcast archive
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Emerging topics in nonprofit reporting | NFP Section webcast archive

1 year ago · 1 hour 45 min watch

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Certain federal and state requirements, as well as some lenders and other funding sources, can require a not-for-profit entity (NFP) to undergo a financial statement audit. And even if there is no specific requirement, an NFP may still wish to have its financial statements audited to help boost confidence and trust with constituents. The revised model for the auditor’s report will go into effect for audits of financial statements for periods ending on or after December 15, 2021, and NFPs

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