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Not-for-Profit Audit Committee Best Practices |
| Warren Ruppel (CPA) |
| How can not-for-profit organizations be sure they play by the rules when the rules aren't clear? Due to recent, very public accounting scandals and the resulting Sarbanes-Oxley Act and other regulations, public companies have strict guidance on financial governance and accounting, including the functions and responsibilities of audit committee members. Though not-for-profit organizations are subject to increased scrutiny, there has been no detailed guidance for their audit committees. This book fills the void and helps not-for-profit organizations answer these questions: *In today's skeptical environment, how can responsible financial governance and reporting reassure wary donors and supporters, and perhaps give the organization a competitive advantage? *How should the audit committee be structured? *Which Sarbanes-Oxley requirements (if any) should the audit committee adopt? *Which best practices best fit the organization's structure and financial reporting needs?
Complete with checklists, sample questions, and an index for quick reference, Not-for-Profit Audit Committee Best Practices covers: *Different types and unique characteristics of not-for-profit organizations *The audit committee's role in preventing and detecting fraud *Important internal controls and the internal audit function *The relationship of the audit committee and the independent auditor This heads-up, hands-on guide helps audit committee members select and structure appropriate best practices and function in the most effective manner for their unique not-for-profit organizations. It's also a valuable reference for board members, managers, independent auditors, and advisors of not-for-profit organizations.
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| Cloth Bound |
176 Pages, 6 x 9 in.
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0471697419
$50.00 |
John Wiley & Sons, Inc. | |
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