Non-Profits and Auditing Essay by Master Researcher

Non-Profits and Auditing
Briefly looks at the differences between auditing for a non profit organization and auditing for a business and then focusses on the auditing process for a non profit organization.
# 90527 | 2,025 words | 4 sources | 2006 | US
Published on Dec 01, 2006 in Business (Accounting) , Accounting (General)


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Description:

The accounting function is central to the conduct of business for profit-making organizations and non-profit organizations alike, though clearly with a different focus for each. In both cases, the purpose of accounting is to compare the money coming in and the money going out and to do so following clear accounting rules set down by the profession and by legislators. This paper discusses auditing and the non profit organization.

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