December 15, 2011
Tax-exempt organizations have many choices to make and relationships to build to ensure the operational success of their organizations. Audit partners Jackie Cardello and Amy Boland help financial managers navigate these issues through a discussion of management and board roles and responsibilities and provide an oversight of financial statements, operating reserves and internal financial statements. The presentation included an overview of GAAP versus non GAAP principles, cash versus accrual accounting, reserves, internal financial reporting and common red flags financial and executive leaders should avoid.
This article was originally posted on December 15, 2011 and the information may no longer be current. For questions, please contact GRF CPAs & Advisors at firstname.lastname@example.org.