Organizations often receive funds for particular programs or projects, i.e. for a particular purpose. Subsequently, proof is required that the funds have been used in accordance with an agreement. First of all, it concerns non-profit organizations (NPO). Special knowledge is required of the auditor who carries out the audit of non-profit organizations, such as the legal specifics, NPO accounting and taxation, as well as the understanding of the nature of activities of such organizations.
Our experts possess this knowledge and have an extensive experience of auditing non-profit organizations.
It is common practice that a non-profit organization needs an audit based on the decision of the founders (voluntary audit). Such an audit may be needed to prove the non-profit organization’s trustworthiness and reputation.
