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Preparing for Your Audit

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Partner Ian Shuman and Senior Audit Manager Trevor Williams provided an overview of the different elements of a nonprofit audit including:

  • Audit documentation (audit report, management letter, etc.)
  • An auditor’s approach
  • Changes in audit approaches over the year (including the introduction of new financial standards)

Mr. Shuman and Mr. Williams also provided 15 tips to help executive and financial leaders prepare for their audit while highlighting the need to understand and document internal controls and prioritize year-end organization.

The presentation was hosted by the Center for Nonprofit Advancement.

Amy is more than an auditor for CFED. She is a valuable business advisor helping us navigate through complex regulations and opaque guidance.

Adnan Bokhari |  Chief Financial Officer
The Corporation for Enterprise Development