Audit Evaluation Article from Blue Avocado

by Erin Jones, September 01, 2011

A few days ago Blue Avocado (a nonprofit digital magazine that provides resources and articles for the nonprofit community) published an article titled "Get the Most Value from Your Audit".  As many of you know, audits are an investment and they can be expensive.  The reason why I am highlighting this article is because  it echoes one of our values at SMJ & Associates.  Exceptional bookkeeping, audits, and fiscal controls are not just musts, they are also valuable tools that can help an organization develop strong financial oversight and result in a more robust and sustainable institution.

A few highlights from the article include a list of the benefits of a good audit relationship, and two check lists - "Is our auditor doing a good job for us?" and "Are we doing a good job managing our audit?".  Both necessary questions for any nonprofit that receives an independent audit.  Besides just providing checklists, the article helps you assess your answers, and dive deeper into what your current audit relationship means for you. 

Blue Avocado - Get the Most Value from Your Audit