Risks of not-for-profit and government audits

By: Gartland, Daniel J [author]
Language: English Copyright date: 2016 In: Journal of Accountancy Apr2016, Vol. 221 Issue 4, pages 16 - 17Summary: The article focuses on the risks of not-for-profit (NFP) and government audits in the U.S. Topics discussed include the professional liability risks, unwanted reputational risks, and risk of material misstatement. Also mentioned are the risk management tips which include training for fraud awareness, becoming an expert, and maintaining competence through continuing professional education (CPE).
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The article focuses on the risks of not-for-profit (NFP) and government audits in the U.S. Topics discussed include the professional liability risks, unwanted reputational risks, and risk of material misstatement. Also mentioned are the risk management tips which include training for fraud awareness, becoming an expert, and maintaining competence through continuing professional education (CPE).

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