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Audits Are Essential to Your Organization's Health

Posted By Celeste Viator, Hannis T. Bourgeois, LLP, Friday, January 17, 2014

Audits have become more important due to increased public and government scrutiny of nonprofit organizations, their management and their boards.

Audits not only provide you with a fair assessment of your organization's financial health, but also can reveal vulnerabilities such as weak internal controls, insufficient cash reserves and poor investment policies.  

Perhaps most important, regular audits reassure your donors, members and other stakeholders that you run a fit organization.    

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